Lecture 5 (2)
Lecture 5 (2)
H
DESIGN
PROGRAM- MMS SEM II
COURSE NAME- BUSINESS RESEARCH METHODS
RESEARCH DESIGN
• Reduces inaccuracy
• Increases efficiency and reliability
• Eliminates bias and errors
• Minimizes wastage of time
• Helpful in testing the hypothesis
• Provides a direction to the research
RESEARCH DESIGN PROCESS
• Data Collection Methods: Determining how data will be collected, whether through surveys,
experiments, observations, interviews, archival research, or a combination of these methods.
• Sampling: Deciding on the target population and selecting a sample that represents that
population. Sampling methods can vary, such as random sampling, stratified sampling, or
convenience sampling.
• Data Collection Instruments: Developing or selecting the tools and instruments needed to collect
data, such as questionnaires, surveys, or experimental equipment.
KEY ELEMENTS OF RESEARCH
DESIGN
• Data Analysis: Defining the statistical or analytical techniques that will be used to analyze the
collected data. This may involve qualitative or quantitative methods, depending on the research
goals.
• Time Frame: Establishing a timeline for the research project, including when data will be
collected, analyzed, and reported.
• Ethical Considerations: Addressing ethical issues, including obtaining informed consent from
participants, ensuring the privacy and confidentiality of data, and adhering to ethical guidelines.
• Resources: Identifying the resources needed for the research, including funding, personnel,
equipment, and access to data sources.
• Data Presentation and Reporting: Planning how the research findings will be presented and
reported, whether through written reports, presentations, or other formats.
TYPES OF RESEARCH
DESIGN
• Qualitative Design
• Quantitative Design
• Experimental Design
• Non- Experimental Design
TYPES OF RESEARCH DESIGN
1. Experimental Research Design
• Randomized Controlled Trial (RCT): In a randomized controlled trial (RCT), individuals
are assigned randomly to either an experimental group or a control group. This design
is often used to assess the impact of a treatment or intervention.
8. Cohort Study
• Cohort studies follow a group of individuals (cohort) over a period of time to assess the
development of specific outcomes or conditions. They are common in epidemiology.
9. Action Research
• Action research is often used in educational or organizational settings. Researchers work
collaboratively with practitioners to address practical problems and make improvements.
10. Meta-Analysis
• A meta-analysis involves the statistical synthesis of data from multiple studies on the
same topic to provide a more comprehensive overview of research findings.
• Started by clarifying our research objectives and the type of data we need to collect.
• Consider the availability of resources, time constraints, and the feasibility of implementing the
different research designs.
• Review existing literature to identify similar studies and their research designs, which can serve as a
guide.
• Ultimately, the chosen research design should align with our research questions, provide the
necessary data to answer them, and be feasible given our own specific requirements/constraints.
• Research design can be modified during the course of a study based on emerging insights, practical
constraints, or unforeseen circumstances.
HOW TO ENSURE THE
VALIDITY AND RELIABILITY OF
CHOSEN RESEARCH DESIGN
• Validity refers to the accuracy and meaningfulness of the findings of the studies.
• Consider conducting a pilot study to identify and address any potential issues before full
implementation.
• It is also essential to document and report the methodology clearly, allowing for replication
and scrutiny by other researchers.
EXPLORATORY RESEARCH
DESIGN
• Exploratory research is usually conducted at the outset of research projects.
• It is usually conducted when the researcher does not have much information
about the problem(s).
• Such a research can be carried out directly by the researcher himself or can
employ a third party to conduct it on their behalf.
• Various types of surveys or polls can be used to explore opinions, trends, etc.
With the advancement in technology, surveys can now be sent online and can
be very easy to access.
• For instance, use of a survey app through tablets, laptops or even mobile
phones. This information is also available to the researcher in real time as well.
• While you may get a lot of information from public sources, but sometimes an in
person interview can give in-depth information on the subject being studied.
• Such a research is done to observe a person and draw the finding from their
reaction to certain parameters.
• An interview with an employee can give you more insights to find out the degree of job
satisfaction, or an interview with a subject matter expert of quantum theory can give you
in-depth information on that topic.
• A focus group helps a research identify the opinions of consumers if they were to buy a
phone. Such a research can help the researcher understand what the consumer value
while buying a phone. It may be screen size, brand value or even the dimensions. Based
on which the organization can understand what are consumer buying attitudes, consumer
opinions, etc.
• An FMCG company wants to know how it’s consumer react to the new shape of their
product. The researcher observes the customers first reaction and collects the data, which
is then used to draw inferences from the collective information.
SECONDARY RESEARCH
METHODS
• In today’s world, this is one of the fastest way to gather information on any
topic. A lot of data is readily available on the internet and the researcher can
download it whenever he needs it.
• Sources can include newspapers, magazines, books from library, documents from
government agencies, specific topic related articles, literature, Annual reports,
published statistics from research organizations and so on.
• Government agencies have authentic information but sometimes may come with a
nominal cost.
• Educational institutions carry out more number of research than any other entities.
• Such exploratory data analysis are very important and critical especially in
today’s business world.
• The researcher just needs to make sure he analyses the case carefully in regard
to all the variables present in the previous case against his own case.
• A company has low sales. It can be easily explored from available statistics and market
literature if the problem is market related or organization related or if the topic being
studied is regarding financial situation of the country, then research data can be
accessed through government documents or commercial sources.
• A particular orthopedic surgeon has the highest success rate for performing knee
surgeries. A lot of other hospitals or doctors have taken up this case to understand and
benchmark the method in which this surgeon does the procedure to increase their
success rate.
DESCRIPTIVE RESEARCH DESIGN
• Descriptive research is
undertaken to describe answers
to questions of ‘who’, ‘what’,
‘where’, ‘when’, and ‘how’.
• What are the behaviors and experiences of individuals who have been
exposed to a particular intervention or treatment?
https://www.voxco.com/blog/descriptive-research-design/
CROSS-SECTIONAL DESIGN
• Cross-sectional studies collect and measure data from one specific sample only once at
only one point in time.
• Sample surveys are cross-sectional studies whose samples are drawn in such a way as to
be representative of a specific population.
• In a single cross-sectional study, data are only collected a single time from one specific
sample. In market data collection, this research design is not very common, as we are
normally interested in changes and developments.
14.
• They want to start selling shoes for boys of the same age group as well and therefore want
to gather information on the kind of shoes boys want to wear. They decide to conduct
market research & choose the observational method to learn about different shoes boys
wear nowadays.
• This will help company XYZ identify the kind of shoe boys wear nowadays so that they can
• Longitudinal studies repeatedly collect and measure the same sample units of a
population over time.
• It is mostly used in medical research and other areas like psychology or sociology.
• They often use surveys to collect data that is either qualitative or quantitative.
LONGITUDINAL DESIGN-TYPES
• Panel studies: They are a very important type of longitudinal design for market data
collection. Panels are samples of elements, often households or consumers, that have
agreed to provide information at certain time intervals over a long period of time, for
example once a week over five years. Thus, in panel studies you ask the same people
over a longer period.
• Trend studies: In trend studies, the elements from whom you collect your data have the
same characteristics (e.g. age group, gender, income), but they are not the same people.
https://www.ormacode.organicdatanetwork.net/
EXPERIMENTAL OR CAUSAL OR
CONCLUSIVE RESEARCH DESIGN
• The main objective of casual research is to test the hypothesis which were
defined in the exploratory research design.
• Causal research is simply opposite to the descriptive research, as with the help
of experimentation, it can interpret whether the relationship is causal or not.
EXPERIMENTAL DESIGN- TYPES
• Cause = independent variable(s)
• Method: Experiments
• A laboratory experiment is one in which a researcher creates a situation with the desired
conditions and then manipulates some while controlling other variables.
• A field experiment on the other hand is a research study in a realistic or natural situation,
although it too, involves the manipulation of one or more independent variables.
ERRORS AFFECTING RESEARCH
DESIGNS
2. Sampling errors
3. Selection errors
4. Frame errors
2. Measurement errors
4. Experimental errors
1. POPULATION
SPECIFICATION ERROR
• Example: Suppose that tweets (twitter) were used to recruit a random sample of 500
people from the general adult population. After the analysis it was found that the study
was composed of only people aged 18 to 35.
• Because the sampling pool shared so many age group specific traits, the data was not
accurate in representing the general population.
• The more homogeneous the population (meaning people who are similar), the smaller
the sampling error; and as sample size increases, sampling error decreases.
• If a census were conducted (i.e., all elements of the population were included) there
would be no sampling error.
METHODS TO REDUCE
SAMPLING ERRORS
• Increasing sample size: Increasing the sample size will reduce sampling errors. If the
sample size is equal to the complete population, the scope of sampling error is zero.
• Stratification: It refers to dividing the given population into homogeneous and non-
overlapping units or sub-groups (known as stratum) to make the sample more
representative. Grouping is done based on one or more common attributes. For example,
there is a population of 1000 people, out of the entire population, 300 belong to high-
class, 400 belong to middle-class, and 300 belong to low-class. The sizes of these strata
are denoted by S1, S2 and S3.
3. SELECTION
ERROR
• Selection error is the sampling error that occurs when a sample is selected by a non-
probability method.
• Selection error often reflects people who are easily reached, are better dressed, have
better kept homes, or are more pleasant.
• Having clear, written procedures that specify how to select respondents can help to
reduce selection error.
4. FRAME ERROR
• It is usually a listing of the respondents you want to sample. Example: The sample frame
for a study at a shopping mall includes all shoppers in the mall during the time of data
collection.
• A commonly used frame for consumer research was the telephone directory. Over time,
this frame has increasingly introduced error because many elements of the population
(households, singles, students) are no longer included in the directory.
• There are also unlisted phone numbers, and cell phones to consider. Some elements are
listed more than once.
4. SURVEY NON-
RESPONSE ERROR
• Non-response error occurs when respondents and non-respondents are too different.
The respondents that we choose should accurately represent the population we want
to sample.
• If non-respondents are not equally distributed across the population, we will not have
an accurate sample. There are two ways in which survey non-response can occur:
(a) Non-contact (the inability to contact all members of the sample frame).
• Responders often represent positive or negative views about the survey topic and may
not be representative of the targeted population.
• Virtually every survey contains some degree of error from the inability to reach a
representative spectrum of respondents.
ERRORS RELATED TO
ACCURACY OF RESPONSES
• This error comes up at many points throughout the research process, from the
development of survey to analyzing the findings.
• Examples of measurement error from the interviewer and questionnaire might include
faulty wording of questions; bias in representative graphics materials; unintentional
interviewer modification of the question’s wording; interviewer misinterpretation or mis
recording of the response.
• Respondents may exaggerate their income in order to impress an interviewer; the reported
income will then reflect an unknown amount of measurement error; measurement error is
particularly difficult to control because it can arise from many different sources.
3. QUESTION NON-
RESPONSE ERROR
• Most often, respondents refuse to provide personal information that may place
them at risk.
4. EXPERIMENTAL ERROR
• Experiments are designed to measure the impact of one or more independent variables
on a dependent variable.
• For example: A retail chain may increase the price of selected items in four outlets and
leave the price of the same items, constant in four similar outlets in an attempt to
discover the best pricing strategy.
• Thus, the experimental results will reflect the impact of variables other than price.
• Like measurement error, experimental error can arise from a number of sources.