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Business
Research Methods
William G. Zikmund
Chapter 4:
The Business Research Process
Information
• Reduces uncertainty
• Helps focus decision making
Types Of Research
• Exploratory
• Descriptive
• Causal
COMPLETELY
CERTAIN
ABSOLUTE
AMBIGUITY
CAUSAL OR
DESCRIPTIVE
EXPLORATORY
Uncertainty Influences
The Type Of Research
Exploratory Research Descriptive Research Causal Research
(Unaware of Problem)(Aware of Problem) (Problem Clearly Defined)
possib
le
situat
ion
“Our sales are declining and
we don’t know why.”
“Would people be interested
in our new product idea?”
“What kind of people are buying
our product? Who buys our
competitor’s product?”
“What features do buyers prefer
in our product?”
“Will buyers purchase more of
our products in a new package?
“Which of two advertising
campaigns is more effective?”
Degree of Problem Definition
6
Exploratory Research
Secondary data
Experience survey
Pilot studies
Exploratory Research
• Initial research conducted to clarify and define
the nature of a problem
• Does not provide conclusive evidence
• Subsequent research expected
Descriptive Research
• Describes characteristics of a population or
phenomenon
• Some understanding of the nature of the
problem
9
I keep six honest serving men, (they
taught me all I knew), their names are
what, and why, and when, and how,
and where and who.”
--Rudyard Kipling
Descriptive Research Example
• Weight Watchers average customer
• Woman about 40 years old
• Household income of about $50,000
• At least some college education
• Trying to juggle children and a job
Descriptive Research Example
• Men’s fragrance market
• 1/3 size of women’s fragrance market
• But growing at a faster pace
• Women buy 80 % of men’s fragrances
Causal Research
• Conducted to identify cause and effect
relationships
Identifying Causality
• A causal relationship is impossible to prove.
• Evidence of causality:
–
–
1. The appropriate causal order of events
2.Concomitant variation--two phenomena vary
together
3.An absence of alternative plausible
explanations
–
Stages of the Research Process
Problem Discovery
and Definition
Research
Design
Sampling
Data
Gathering
Data Processing
and Analysis
Conclusions and
Report
Discovery and
Definition
and so on
Research Stages
• Cyclical process - conclusions generate new
ideas
• Stages can overlap chronologically
• Stages are functionally interrelated
– Forward linkages
– Backward linkages
Problem
discovery
Problem definition
(statement of
research objectives)
Secondary
(historical)
data
Experience
survey
Pilot
study
Case
study
Selection of
exploratory research
technique
Selection of
basicresearch
method
Experiment Survey
Observation
Secondary
DataStudy
Laboratory Field Interview Questionnaire
Selection of
exploratoryresearch
technique
Sampling
Probability Nonprobability
Collectionof
data
(fieldwork)
Editingand
coding
data
Data
processing
Interpretation
of
findings
Report
Data
Gathering
Data
Processing
and
Analysis
Conclusions
and Report
ResearchDesign
ProblemDiscovery
and Definition
The Business Research Process
Problem
Discovery
Exploratory
Research
Selection of the
Basic Research
Method
Selection of
Sample Design
Collection of the
Data
The Research Process (cont.)
Editing and
Coding
Data Processing
Interpretation of
the Findings
Report
Stages In The Research Process
• Problem Discovery and Problem Definition
• Research Design
• Sampling
• Data Gathering
• Data Processing and Analysis
• Conclusions And Report
Problem Discovery And Definition
• First step
• Problem, opportunity, or monitor operations
• Discovery before definition
• Problem means management problem
“The formulation of the problem
is often more essential than its
solution”
Albert Einstein
State the research questions
and research objectives
22
Hypothesis
• A statement
• that can be refuted
• by empirical data
If you do not know where you are going,
any road will take you there.
Secondary
(historical)
Data
Pilot
Study
Experience
Survey
Case
Study
Exploratory
Research
Exploratory Research Techniques
Two Examples
• Secondary data (historical data)
– Previously collected
– Census of population
– Literature survey
• Pilot study
– A number of diverse techniques
Focus Group Interview
Research Design
• Master plan
• Framework for action
• Specifies methods and procedures
Basic Research Methods
• Surveys
• Experiments
• Secondary data
• Observation
POPULATION
SAMPLE
Sample: subset
of a larger population.
Selecting a Sample
Sampling
• Who is to be sampled?
• How large a sample?
• How will sample units be selected?
Data Gathering Stage
Data Processing and Analysis
Conclusions And Report Writing
• Effective communication of the research
findings
Research Proposal
• A written statement of the research design
that includes a statement explaining the
purpose of the study.
• Detailed outline of procedures associated with
a particular methodology
Research Program Strategy
Statement of
Research Objectives
Problem Definition
Defining Problem Results in
Clear Cut Research Objectives
Exploratory
Research
(Optional)
Analysis of
the Situation
Symptom Detection

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BRM Chapter 4 The Research Process .pptx