Assignment - Research Methods For Management
Assignment - Research Methods For Management
: PUGAZHENDI ( MOORTHY )
SELF DECLARATION
______________________
Signature of the student
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Countersigned
_________________________________
Signature of the Faculty concerned
MBA Information Systems RESEARCH METHODS FOR
MANAGEMENT
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Introduction
Data collection is one of the most important stages in conducting a research.
You can have the best research design in the world but if you cannot collect
the required data you will be not be able to complete your project. Data
collection is a very demanding job which needs thorough planning, hard
work, patience, perseverance and more to be able to complete the task
successfully. Data collection starts with determining what kind of data
required followed by the selection of a sample from a certain population.
After that, you need to use a certain instrument to collect the data from the
selected sample.
to
to
to
to
obtain information
keep on record
make decisions about important issues,
pass information on to others
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Warranty Cards
Distributor Audits
Pantry audits
Consumer Panels
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can
begin
question
These and other related questions call for a good deal of knowledge of the
subject matter of the study and its dimensions. In order to gain such preknowledge of the subject matter of an extensive study, a preliminary
investigation is conducted.
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Conclusion
The intent of adopting data collection method in research is to gather data.
Selection of appropriate methods for data collection can be based on
following factors:
Nature scope and object of enquiry:- this constitutes the most important
factor affecting the choice of a particular method .the method selected
should be such that it suits the type of enquiry that is to be conducted in the
researcher, this factor is also important in deciding whether the data already
available are to be used not yet available are to be collected.
Availability of funds:- availability of funds for the research project
determines to a large extent the method to be used for the collection of
data. When the funds at the disposal of the researcher are very limited, he
will have to select a comparatively cheaper method. Finance in fact is big
constraint in practice and the researcher has to act within this limitation.
Time factor:- availability of time has also to be taken into account in
deciding particular method of data collection. Some methods take relatively
more time whereas with others the data can be collected in a comparatively
shorter duration. The time at the disposal of the researcher thus affects the
selection of the method by which the data is collected.
Precision required:- precision required is yet another important factor to
be considered at the time of selecting the method of collection of data.
I consider Questionnaire to be the best data collection method based on the
following factors.
Versatility:- Probably the greatest advantage of the questionnaire method is
its versatility. Almost every problem of marketing research can be
approached from the questionnaire standpoint. Every marketing problem
involves people. Therefore, ideas relative to the problem and its solution can
be obtained by asking these people about the problem. Many problems can
be studied only by questionnaire.
Knowledge, opinions, motivations, and intentions are usually not open to
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a) Descriptive Methods
The term descriptive research refers to the type of research question,
design, and data analysis that will be applied to a given topic. It is used to
obtain information concerning the current status of the phenomena to
describe what exists with respect to variables or conditions in a situation.
The methods involved range from the survey which describes the status quo,
the correlation study which investigates the relationship between variables,
to developmental studies which seek to determine changes over time.
Descriptive research is undertaken when the researcher desires to know the
characteristics of certain groups such as age, sex, occupation, income or
education. The objective of descriptive research is to answer the "who, what,
when, where and how" of the subject under study/ investigation. Descriptive
studies are normally factual and simple. However, such studies can be
complex, demanding scientific skill on the part of researcher.
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Case Studies
Observational Research
Survey Research
Interviews
Mailed Questionnaires
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b) Report Writing
Research report is considered a major component of the research study for
the research task remains incomplete till the report has been presented
and/or written. A research report can be defined as the presentation of the
research findings directed to a specific purpose.
Importance of Report
The research report is important for the following reasons.
The result of
management.
research
can
be
effectively
communicated
to
The report is the only aspect of the study, which executives are
exposed to and their consecutive evaluation of the project rests with
the effectiveness of the written and oral presentation.
The report presentations are typically the responsibility of the project
worthiness. So the communication effectiveness and usefulness of the
information provided plays a crucial role in determining whether that
project will be continued in future.
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The general guidelines that should be followed for any report are as follows:
Consider the audience:- The information resulting from research is
ultimately important to the management, who will use the results to make
decisions. Decision makers are interested in a clear, concise, accurate and
interesting report, which directly focuses on their information needs with the
minimum of technological jargons.
Be concise but precise:- The report must be concise and must focus on
the crucial elements of the project. It should not include unimportant issues.
Researchers should know how much emphasis has to given to each area.
Be objective yet effective:- The research report must be of an objective
presentation of the research findings. The researcher violates the standard
of the objectivity if the findings are presented in a distorted or slanted
manner. The writing style of the report should be interesting, with the
sentence structure short and to the point.
Understand the results and draw conclusions:- The managers who read
the report are expecting to see interpretive conclusions in the report. The
researcher should understand the results and be able to interpret it
effectively to management.
Report Format
Following outline is generally accepted as the basis format for the more
research projects.
Title Page:- This should contain a title which conveys the essence of
study, the date, the name of the organization submitting the report, and
organization for which it is prepared. If the research report is confidential,
name of those individuals to receive the report should be specified on
title page.
the
the
the
the
Table of Contents:- This lists the essence of topics covered in the report,
along with page references. Its purpose is to aid readers in finding a
particular section in the report. If there are many tables, charts or other
exhibits, they should also be listed after the table of contents in a separate
table of illustrations.
Executive Summary:- This can serve two purposes
It may be a report in miniature covering all the aspects in the body
of the report, but in the abbreviated form.
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