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A coin is tossed 6 times, what is the probability of getting at
least 2 tails?
Applied Business Research & Analysis
Structure for final essay
– summarises the main points of
the
research essay (150-200 words)
– descriptive introduction of your essay (set the
scene
for the reader including the rationale and purpose of this study.
State
(or re-state) the aim and objectives of the topic you chose.
MAIN BODY OF THE REPORT:
ew - critical review of books, academic
papers,
practitioner articles, and other reporting materials for your area
of
study. You should compare and contrast the literature (compare
–
look for similarities, contrast – look for differences), and then
provide
a synthesis of the literature (a synthesis brings together a
combination of concepts/ideas).
– present any results, evaluations, and
findings
– consider the essay overall and
highlight
the main factors (link to literature and findings where possible)
– summarise all that you have written about and
highlight the main points and central argument/s for the reader.
- Use the Harvard referencing system for all
citations and
references.
1. Introduction (should be 30s)
Hello everyone. I’m Yadi Yu. I am from China. I am lucky
enough to have opportunity to study in UK. At the moment, I
am studying Business and Management at Salford University.
Today, I would like talk about a process of researching an
applied business problem.
2. Area of interest, research topic and research method (should
be 70-90s)
When I was a child, my parents always tried to teach me how to
get on with everyone. Due to all of what my parents have
educated me, if I have any opportunities to do a business
research, I will choose a business ethics as a first choice.
Therefore, I am so interesting in doing a research about
business ethics which is “Potential consequences of unethical
behavior in Nestle”.
In this assessment, qualitative method and previous
investigations together with other journal articles, other case
studies are used to support my business related research.
Basically, pe
people should understand clearly about the definition of
qualitative method. According to Cresswell (1994), a qualitative
study is defined as an inquiry process of understanding a social
or human problem, based on building a complex, formed with
words, reporting detailed views of informants, and conducted in
a natural setting.
Because of employing the secondary data, I want to pay
attention to advantages and disadvantages of this method. Now
with the availability of online access, secondary research is
more openly accessed. Furthermore, the use of secondary
research may help the researcher to clarify the research
question. In contrast, the researchers need to critically evaluate
the validity and reliability of the information provided. In some
cases, the scientist may not get the full version of the research
to gain the full value of the study. In conclusion, it is important
for the investigators to identify, reduce, and manage the
disadvantages of using the secondary research.
3. Link between topic and area of interest and description of
company (should be 45-60s)
In my opinion, every coin has two sides. In business area, the
companies might need to guarantee both benefits and ethical
issues together. Thus, I would like mention about the business
ethics scenario. One the most famous beverage manufacturer
being bad reputation is Nestle. Firstly, let me introduce some
facts about this giant company. Nestle is a Swiss transnational
food and beverage company headquartered in Switzerland. It is
the largest food company in the world measured by revenues.
Nestle has 447 factories, operates in 194 countries, and employs
around 339.000 people.
4. Rationale for choosing topic (should be 45-60s)
Nestle is one of the most biggest and famous manufacturer.
However, there was an undeniable scandal making the boycott
coming from consumers around the world. A boycott was
launched in the United States in 1977. It spread in the United
States, and expanded into Europe in the early 1980s. After this
scandal, Nestle continued to use the child labor to reduce the
payment for laborers. A new report by the Fair Labor
Association (FLA) indicated that 56 workers under the age of
18. “Does any boycott campaigns against to Nestle” is the
question which many people pay attention to.
5. Objective of research (should be 45-60s)
Based on this research, I suppose that there are quite lots of
negative impacts of unethical behaviors in business happening
to Nestle. The first negative impact can be to decrease sales of
goods, as customers may boycott goods produced by a company
known for unethical behavior. The second one is a drop in stock
price. Investors will be unwilling to buy products being
supplied by dishonest company. And the last one should be to
make workers tend to feel uncomfortable while working for
unethical company. I believe that the unethical behavior will
strongly affect Nestle. All of these will lead to lower
productivity, promote conflict, and subsequently destroy the
company.
6. Conclusion (should be 30s)
Finally, I would like to remind you some of ideas that we might
consider. In my presentation, I have explained the process to
conduct a business research as “Potential consequences of
unethical behavior in Nestle”. Qualitative research method and
secondary data will be used to support to complete my research.
This is the end of my talk. Thank you for watching my video
and listening to my presentation. If you have any queries, please
contact to my email.
P a g e | 1
Applied Business Research & Analysis
Assignment Brief
Module Title: Applied Business Research and Analysis Level 6
Module Leader: Christos Papanagnou
Assessment Type: Oral Presentation (Video)
Assessment Title: Presentation of an applied business research
problem or opportunity
Weighting: 20%
Date of Issue: 09/10/2015
Submission Date: 11/11/2015 (Before 16:00)
A copy of your assignment must be submitted to a specified
platform. More details will be
advised at an appropriate time. Assignments must be submitted
by the due date. The only
circumstance in which assignments can be submitted late is due
to personal mitigating
circumstances. These can be accessed via your Programme
Handbook and the Student
Channel.
Video specification:
Please refer to the following Table about video specification.
Formats Depending on which platform you have to upload your
video this
typically can be mpg, mpeg, mov, avi, or mp4 file.
Compression &
Settings
Instructions will be disseminated to students
Length The total length of your video should be at least four
minutes and
thirty seconds but should not exceed five minutes. Penalties will
apply if you don’t reach or exceed this time length range. To get
the
best footage and to avoid excessive video sizes, it is highly
recommended to produce a video with 360p (p stands for pixels
quality in terms of vertical resolution).
Recording You must provide a five-minute recording consisting
of at least
ninety seconds of your appearance. In other words, you must be
shown in the video for at least ninety seconds.
Make sure that sound quality is good enough and the assessor
can
understand what you say or what is said.
Language English
Support Many of you have smart phones or iPad/tablets, which
provide a
simple way of making a short video. You may wish to partner
with
another student so that you can video each other’s presentations
and provide friendly support. If you do not have access to any
technology, which allows the recording of a short video, you
will
have the chance to produce your videos with the aid of Media
Production Technicians at School of Arts and Media. Please ask
your module leader for further support.
P a g e | 2
Applied Business Research & Analysis
The Task:
You are required to produce a video of no more than 5 minutes
that demonstrates
an applied business research problem or opportunity.
Make sure that your video includes the following elements:
1) A very brief introduction about yourself (name, field of
study, some background information) ≈
30 seconds
2) Area of interest and choice of research topic and what
research methods (based on secondary
data and published business research) have been adopted ≈ 60
seconds
3) Explain how this topic is linked with aforementioned
interests including a brief description of
the organisation you chose ≈ 60 seconds
4) Set formally why this is an interesting topic and argue why
you have chosen this topic by
providing a strong rationale and justification ≈ 60 seconds
5) Discuss briefly the aims and SMART (Specific, Measurable,
Assignable, Realistic, Time-related)
objectives ≈ 60 seconds
6) Conclusions ≈ 30 seconds
Assessment criteria:
problem/opportunity/application or challenge
including rationale (20%)
timing, effective use of
eyes/face/gestures/body language) (20%)
Learning Outcomes:
ature of business research and the research
process.
published business research.
P a g e | 3
Applied Business Research & Analysis
MARKING CRITERIA for Applied Business Research and
Analysis - Assessment 1 (Presentation)
0-9%
extremely
poor
10-19%
very poor
20-29%
poor
30-39%
unsatisfactory
40-49%
satisfactory
50-59%
Fair
60-69%
good
70-79%
very good
80-89%
excellent
90-100%
outstanding
Video
Content
Very general
video, which
is not well
prepared and
does not
represent the
project work.
Non-specific,
some minor
details,
which are
particular to
the business
research. Not
well-
designed.
Basic
introductory
information
about the
business
research
problem or
opportunity.
Basic
design.
Limited
evidence of a
creative
approach to
representing
the
problem/oppo
rtunity in a
video format.
Some minor
elements
highlighted.
Rather general,
lacks the
required level
of information
and
illustrations.
Some effort to
be creative.
Evidence of
consideration
of the project
in video form,
but lacks
sufficient focus.
Reasonable
attempt at
creative video
creation.
Good, clear
information
presented in
video
Some
creative flair.
Very good
well-detailed
video, which
provides
focused
speech and
elements
Well-
structured,
clearly
designed
video. Good
level of
focused
information
and apparent
business
skills.
Professionally
presented
context specific
well designed
content.
Creative and
innovative
approach.
Video
Presentation
No obvious
effort. No
attempt to
structure the
presentation
to
incorporate
the video.
Did not
answer
questions.
Non-specific.
No effort to
produce a
video
Gave general
answers to
questions.
Presented a
description
of the
problem or
opportunity.
Some links
to the video
and general
answers to
the
questions.
Some
evidence of
appropriate
but basic
video.
Gave general
answers to
questions.
Limited, but
appropriate
links made to
the video
content.
Not a creative
design.
Some specific
answers to
questions.
Well
considered
video
presentation,
which related
the main points
of the elements
Clear answers
to specific
questions.
Well-
designed
video
presentation
Detailed
answers
given to
questions.
Good level of
commitment
to the
business
problem/opp
ortunity
Very well-
structured
presentation
Interesting
points. Makes
very good
use of
context
specific
information
on the video.
Very good
commitment
is evident.
Very well-
structured
and
interesting
video
presentation,.
All
questions/ele
ments
covered
excellent use
of context
specific
project
information.
Professionally
designed
presentation.
Extensive use
of project
specific
information.
Detailed
answers given
to project
questions.
Answers were
appropriately
detailed and
concise.
High level of
commitment is
evident.
P a g e | 4
Applied Business Research & Analysis
SALFORD BUSINESS SCHOOL:
Grading Criteria (LEVEL 6)
LEVEL OF
PERFORMANCE
Level of knowledge Extent of understanding Extent and depth
of
reading
Structure and written
style
Outstanding A mastery of a complex
body of knowledge
which is extends far
beyond material
covered in the module.
An ability to critique
knowledge and an ability
to apply knowledge in an
innovative and creative
manner
Makes extensive use of
the literature to support
and justify views
expressed, with particular
focus on emerging theory
and its applications
Excellent structure,
entirely relevant
content which is very
interesting to read and
easy to understand.
Excellent An excellent
understanding of a
complex body of
knowledge which
extends beyond
material covered in the
module.
An ability to analyse,
synthesise and evaluate
knowledge and to apply
theory in a practical
context
Makes excellent use of the
literature to support and
justify views expressed.
Good use made of journal
articles where
appropriate.
A well-structured
argument which is
clearly justified and
relevant to the
particular
circumstances of the
situation under
consideration.
Very good A very good
understanding of a
complex body of
knowledge which
includes some aspects
which have not been
covered in the module.
An ability to analyse and
synthesise knowledge
from a wide range of
appropriate sources
Makes very good use of
the literature to support
and justify views
expressed in the
assignment.
Develops an argument
which is clearly
justified, justifiable
and relevant to the
particular
circumstances of the
situation or task in
hand.
Good A good understanding
of relevant material
presented in the
module
An ability to compare
and contrast information
and to apply knowledge
to specific scenarios in
an appropriate manner
Makes effective use of the
literature from
appropriate sources to
support views expressed
Develops an argument
which is clearly
justified and relevant
to the task in hand.
Fair A reasonable
understanding of
material presented in
the module.
Some attempt to analyse
and evaluate. Makes an
attempt to apply
knowledge to practice
Evidence of reading from
a range of appropriate
sources
May find it difficult to
develop a well-
structured argument
which is sufficiently
focused on the task in
hand
Satisfactory An understanding of
key themes/principles
outlined in the module.
Descriptive. Little
evidence of analysis and
evaluation. Limited
ability to apply
knowledge to practice.
Evidence of some reading
from appropriate sources
May be rather general
in scope. Lacks the
ability to develop a
logical argument
focused on the
assignment task.
Unsatisfactory Only a partial
understanding of basic
knowledge presented
during the module.
Work addresses only
some of the obvious
features of the task.
Little evidence of
appropriate reading.
Limited evidence of
planning. Lacks focus
on the assignment
task.
Poor Displays inadequate
and inaccurate
knowledge of basic
aspects of the module.
Work fails to address the
assignment task. Some
important gaps in
understanding evident.
Limited effort evident to
develop personal
knowledge and
understanding
Little evidence of
effort to understand
and complete the
assignment task.
Very poor Virtually no relevant
knowledge displayed
Major gaps in
understanding evident
No effort to develop
personal knowledge and
understanding
No apparent structure
or understanding of
the assignment task.
Extremely poor Virtually nothing of
relevance to the
question
Major errors in
understanding evident,
No effort made to learn Meaningless
No attempt
Salford Business School
Applied Business Research and Analysis
Quantitative Research
Data Analysis and Presentation
Lecture
Professor David F. Percy
Contents
1. Summaries
2. Probability
3. Inference
4. Modelling
5. Forecasting
Bibliography
1. Rees D.G. (2000) Essential Statistics, Chapman & Hall
2. Weiss N.A. (2012) Introductory Statistics, Addison-Wesley
3. Freund J.E. & Perles B.M. (2006) Modern Elementary
Statistics, Prentice Hall
Syllabus
1. Summaries
65
55
45
35
C
o
s
t
Sample size
� � 24
Measures of location
mode (most likely value): £51.00
median (middle ordered value): £51.00
mean (average value): £50.50
1. Summaries
Gas heating costs (£) per unit area in 24 UK factories
51 52 50 47 55 57 43 59
52 51 40 48 53 47 54 63
51 45 55 53 48 56 36 46
Measures of spread
range (difference between maximum and minimum): £27.00
interquartile range (difference between upper and lower
quartiles): £7.75
standard deviation (root mean square distance about mean):
£6.03
1. Summaries
Summary Statistics
Consider the current ratios (assets÷liabilities) of 8 market
traders:
1.43, 1.02, 2.07, 2.35, 0.81, 1.73, 2.99, 1.26
Sample median:
median � �.
���.��� � 1.58
Sample mean:
�̅ � �� ∑ ��
�
��� � �.
��⋯��.��� � 1.71
Sample range:
maximum � minimum � 2.99 � 0.81 � 2.18
Sample standard deviation:
s � ��#� ∑ �� � �̅ �
�
��� �
�.
�#�.�� $�⋯� �.��#�.�� $
� � 0.73
1. Summaries
Accuracy of Data
• Express different observations of a measurement, such as
monthly sales figures, to
the same degree of precision.
• Most observations are rounded up or down in the last decimal
place: heights of
1.341 metres and 1.417 metres become 1.34m and 1.42m
respectively.
• Retain as much accuracy as possible in intermediate
calculations: do not round the
sample mean when calculating a sample standard deviation.
• Avoid displaying results of calculations to more accuracy than
is needed: present a
sample mean as 5.2 rather than 5.166666667.
• Enter data carefully into computer spread sheets and perform
simple numerical and
graphical checks that the data are reasonable.
• Use a special symbol for missing data such as * rather than a
space, zero or minus
number to ensure that these are excluded from your analysis.
• Avoid guessing missing data values without proper
justification.
1. Summaries
Event % collection of outcomes
Probability & % chance that % occurs
Complement %′ & % ( & %′ � 1
impossible evens certain
0 ½ 1
2. Probability
Union % ∪ * % or * or both
Intersection % ∩ * % and *
Conditioning *|% * given %
% *
2. Probability
If
% = “motorist makes insurance claim this year”
* = “motorist makes insurance claim next year”
& % � & * � -. and & *|% � -$
then
& %′ � 1 � & % � �
& % ∩ * � & % / & * % � ��
& % ∪ * � & % ( & * � & % ∩ * � ��
2. Probability
θ
2. Probability
2. Probability
95% probability interval 479,521 has limits 3 4 1.966
2. Probability
2. Probability
3. Inference
7~9 3,6�
�̅ � 1� : ��
�
���
;� � 1� � 1 : �� � �̅
�
�
���
95% confidence interval for 3 has limits
�̅ 4 < / ;�
0.1000 0.0500 0.0250 0.0100 0.0050 0.0025 0.0010 0.0005
1 3.078 6.314 12.71 31.82 63.66 127.3 318.3 636.6
2 1.886 2.920 4.303 6.965 9.925 14.09 22.33 31.60
3 1.638 2.353 3.182 4.541 5.841 7.453 10.21 12.92
4 1.533 2.132 2.776 3.747 4.604 5.598 7.173 8.610
5 1.476 2.015 2.571 3.365 4.032 4.773 5.893 6.869
6 1.440 1.943 2.447 3.143 3.707 4.317 5.208 5.959
7 1.415 1.895 2.365 2.998 3.499 4.029 4.785 5.408
8 1.397 1.860 2.306 2.896 3.355 3.833 4.501 5.041
9 1.383 1.833 2.262 2.821 3.250 3.690 4.297 4.781
10 1.372 1.812 2.228 2.764 3.169 3.581 4.144 4.587
11 1.363 1.796 2.201 2.718 3.106 3.497 4.025 4.437
12 1.356 1.782 2.179 2.681 3.055 3.428 3.930 4.318
13 1.350 1.771 2.160 2.650 3.012 3.372 3.852 4.221
14 1.345 1.761 2.145 2.624 2.977 3.326 3.787 4.140
15 1.341 1.753 2.131 2.602 2.947 3.286 3.733 4.073
16 1.337 1.746 2.120 2.583 2.921 3.252 3.686 4.015
17 1.333 1.740 2.110 2.567 2.898 3.222 3.646 3.965
18 1.330 1.734 2.101 2.552 2.878 3.197 3.610 3.922
19 1.328 1.729 2.093 2.539 2.861 3.174 3.579 3.883
20 1.325 1.725 2.086 2.528 2.845 3.153 3.552 3.850
21 1.323 1.721 2.080 2.518 2.831 3.135 3.527 3.819
22 1.321 1.717 2.074 2.508 2.819 3.119 3.505 3.792
23 1.319 1.714 2.069 2.500 2.807 3.104 3.485 3.768
24 1.318 1.711 2.064 2.492 2.797 3.091 3.467 3.745
25 1.316 1.708 2.060 2.485 2.787 3.078 3.450 3.725
26 1.315 1.706 2.056 2.479 2.779 3.067 3.435 3.707
27 1.314 1.703 2.052 2.473 2.771 3.057 3.421 3.690
28 1.313 1.701 2.048 2.467 2.763 3.047 3.408 3.674
29 1.311 1.699 2.045 2.462 2.756 3.038 3.396 3.659
30 1.310 1.697 2.042 2.457 2.750 3.030 3.385 3.646
40 1.303 1.684 2.021 2.423 2.704 2.971 3.307 3.551
60 1.296 1.671 2.000 2.390 2.660 2.915 3.232 3.460
120 1.289 1.658 1.980 2.358 2.617 2.860 3.160 3.373
∞∞∞∞ 1.282 1.645 1.960 2.326 2.576 2.807 3.090 3.291
4 3 2 1 0 1 2 3 4
0.1
0.2
0.3
−
critical value
<=.=�> � � 1
3. Inference
3. Inference
7~? @
@A � 1� :��
�
���
95% confidence interval for @ has limits
@A 4 1.96 / @
A 1 � @A
�
3. Inference
0.13
0.13
3. Inference
null hypothesis for:
mean B= ∶ 3 � 8.3
proportion B= ∶ @ � 0.1
two-sided alternative hypothesis for:
mean B� ∶ 3 E 8.3
proportion B� ∶ @ E 0.1
one-sided alternative hypothesis for:
mean B� ∶ 3 F 8.3 B� ∶ 3 G 8.3
proportion B� ∶ @ F 0.1 B� ∶ @ G 0.1
3. Inference
calculate test statistic and compare with critical value
reject B= or do not reject B= at 5% level of significance
p<0.05 (reject) or p>0.05 (do not reject)
3. Inference
3. Inference
4. Modelling
4. Modelling
4. Modelling
4. Modelling
Chi-square Test for Association
Test for association between two factors with B=:"no
association" and
B�:"association".
For a table with r rows and c columns, compare the test statistic
N� � : obs � exp
�
expQRR STRRU
with the upper critical value from the N� distribution with V �
1 W � 1
degrees of freedom.
4. Modelling
4. Modelling
4. Modelling
4. Modelling
0.995 0.990 0.975 0.950 0.900 0.100 0.050 0.025 0.010 0.005
1 0.000 0.000 0.001 0.004 0.016 2.706 3.841 5.024 6.635 7.879
2 0.010 0.020 0.051 0.103 0.211 4.605 5.991 7.378 9.210 10.60
3 0.072 0.115 0.216 0.352 0.584 6.251 7.815 9.348 11.34 12.84
4 0.207 0.297 0.484 0.711 1.064 7.779 9.488 11.14 13.28 14.86
5 0.412 0.554 0.831 1.145 1.610 9.236 11.07 12.83 15.09 16.75
6 0.676 0.872 1.237 1.635 2.204 10.64 12.59 14.45 16.81 18.55
7 0.989 1.239 1.690 2.167 2.833 12.02 14.07 16.01 18.48 20.28
8 1.344 1.646 2.180 2.733 3.490 13.36 15.51 17.53 20.09 21.95
9 1.735 2.088 2.700 3.325 4.168 14.68 16.92 19.02 21.67 23.59
10 2.156 2.558 3.247 3.940 4.865 15.99 18.31 20.48 23.21
25.19
0 5 10 15 20 25 30
5. Forecasting
Business applications often involve data that are collected
sequentially over
time (time series) with the aim of predicting (forecasting) future
values.
Trend and Seasonality
If a time series 7X is not stationary, we remove trend and
seasonality by
transforming the original data. Trend is removed by taking lag-
one differences,
also called integrating, to generate a new time series YX where
YX � 7X � 7X#�
and seasonality is removed by taking seasonal differences to
generate a new
time series YX where
YX � 7X � 7X#Z
and ; typically takes the values 24 (hours per day), 7 (days per
week), 12
(months per year) and 365 (days per year), though other values
can arise.
5. Forecasting
Autoregressive AR(1) Model
For a stationary time series 7X , an autoregressive model of
order 1 is defined
by
7X � [7X#� ( X
where % X � 0, var X � 6� and cov X-,X$ � 0 for <� E
<�, for weight [ that
is estimated from data.
10 20 30 40 50 60 70 80 90 100
4
2
2
4
4
4−
xt
1001 t
5. Forecasting
Moving Average MA(1) Model
For a stationary time series 7X , a moving average model of
order 1 is defined
by
7X � _X#� ( X
where % X � 0, var X � 6� and cov X-,X$ � 0 for <� E
<�, for weight _ that
is estimated from data.
10 20 30 40 50 60 70 80 90 100
4
2
2
4
4
4−
xt
1001 t
5. Forecasting
The Forecast
The one-step-ahead forecast for theAR(1) model is:
7AX��|X � [�X
The one-step-ahead forecast for the MA(1) model is:
7AX��|X � 0
5. Forecasting
10 20 30 40 50 60 70 80 90 100
4
2
2
4
4
4−
xt
1001 t
10 20 30 40 50 60 70 80 90 100
4
2
2
4
4
4−
xt
1001 t
Research strategies:
Qualitative Research
*
Research Design
The research onion
Saunders et al, (2009)
Figure 5.1 The research ‘onion’
Qualitative research
Qualitative research concentrates on words and observations to
express reality and attempts to describe people or social world
within their natural settings.
Schools of ThoughtQuantitative Research
Meaningfully expressed by numbers
Provides counts and measuresQualitative Research
Meanings, concepts, and definitions
Quality assessed through words, images, and description
© 2013 Pearson Education, Inc. All rights reserved.
The difference in emphasis in qualitative versus quantitative
methods
Source: Based on Reichardt and Cook (1979)
Qualitative vs Quantitative:
a general overview
Selecting research strategy-Things to consider:
The type of research question posed;
The extent of control an investigator has over actual
behavioural events; and
The degree of focus on contemporary as opposed to historical
events.
Choice of Research Strategy
Source: Yin (2003, p. 5)StrategyForm of Research
QuestionRequires control of Behavioural Events?Focus on
Contemporary EventsExperimentHow, Why?YesYesSurveyWho,
What, Where, How many, How much?NoYesArchival
analysisWho, What, Where, How many, How
much?NoYes/NoCase studyHow, WhyNoYes
Observation
An accurate observation of what people really do in real-life
situations
Ex: (Henry Mintzberg, 1973)– observations of how management
spent their time
Good method in area of business
Do people act differently if they know they are being observed?
Two types: overt & covert
Ways of recording: Diary method or checklist
*
Advantages:
Reality - covers events in real timeContextual - covers context
of event
Disadvantages:
Time-consumingSelectivity - unless broad coverageReflexivity -
event may proceed differently because it is being observedCost
- hours needed by human observer
Observation
Interviews
Format:
individual; group; telephone; structured or unstructured.
Questions:
carefully planned and structured or semi-structured
Always pilot questions; permission; ethics; recording of
information
Keep an accurate record of stages involved
Advantages:
face-to-face; no misunderstandings; i.e. re-word the question
Disadvantages:
Time consuming; small sample; bias; reliability and validity;
*
Forms of interview
Focus groups
Advantages:
Allows a variety of opinions
Dynamic group can help to generate a number of key themes
Relatively low cost
Rich data
Disadvantages:
Unstructured
Dominant participants
Difficult to develop rapport
Focus may be lost in the discussion
Interviews
Discussion point:
What kind of situations best favour interviews?
What are the key data quality issues and problems associated
with using interviews?
How might these be overcome?
Type of Questions
Open questions- allows interviewee to provide extensive answer
- Include: what, how, why questions
Probing questions- To explore responses further and to focus on
direction:
- e.g. That’s interesting”… “Tell me more about”
Closed questions
- To obtain specific information,
- What, How many, How much, Yes/ No
Some Interview QuestionsRelated to the service quality do you
think the performance of your store is typical comparing with
the performance of the Retail Sector generally ?In your view,
what are the most important factors affecting the service quality
in your store ? And why? How do you satisfy your customers’
needs and expectations? In what ways do you consider the
present system of communication appropriate for your
organisation? Why/ why not?Do you have any partnerships with
other clients or organisations? If not, why not?How many
people responded to the customer survey?
Case studies
Defined as :
“An enquiry which uses multiple sources of evidence. It
investigates a contemporary phenomenon within its real life
context when the boundaries between phenomenon and context
are not clearly evident” (Johnson, 1994)
Usually interviews and observation
*
*
Case Study
Single case is appropriate where:
it represents the critical case in testing a well-formulated
theory, or
the case is extreme or unique, or
the case is revelatory (the phenomenon was previously
inaccessible to investigation)
Multiple case (max 4 ) should be selected so that it:
predicts similar results (a literal replication), or
produces contrasting results but for predictable reasons (a
theoretical replication)
Revelatory- the case is revealing something
*
Holistic vs. embedded
case studies
Relevant to both single and multiple case studies
Holistic: a global approach with only one unit of analysis (e.g.
an organisation
Embedded or nested: more than one unit of analysis within a
case (e.g. the organisation as well as its employees, services,
clients, programmes, etc.)
Selection of Cases
Every case should serve a specific purpose within the overall
scope of inquiry
Yin (2003)suggests that multiple cases should be considered as
one would consider multiple experiments, following a
"replication" logic
Case Study DatabaseA way of organising and documenting the
data collected in a case studyIncreases the reliability of the case
studyCould include, for example:
Typed records of the interviews
Audio tapes of the interviews
Documents retrieved from the cases
Background information to the case study organisations
Summary
Observations
Interviews- various- structured, semi-structured
One-one interviews
Group interviews- Focus groups
Case Studies
Single
Multiple
*
analysing qualitative data
A plan for data collection
What do I need to know?
Why do I need to know this?
What kind of data will answer the questions?
Where can I find the data?
Whom do I contact for access?
What time line is there for acquiring the data?
Is qualitative data analysis a science , an art or a craft?
The focus is on text…
“Qualitative analysis transforms data into findings. No formula
exists for that transformation. Guidance, yes. But no recipe.
Direction can and will be offered, but final destination remains
unique for each inquirer, known only when- and if- arrived
at”… (Patton 2002:432)
Interpretation is a complex and dynamic craft. It requires
abundance of patient plodding and …discipline..
(After Miller and Crabtree 1999)
Main Elements of Analysis of Qualitative Data (after Morse,
1994)
Comprehending
full understanding of the setting, culture & study topic before
research begins
Synthesising
drawing together of different themes from the research and
forming them into new integrated patterns
Theorising
constant development and manipulation of malleable theoretical
schemes until the ‘best’ theoretical scheme is developed
Re-contextualising
process of generalisation so that the emerging theory can be
applied to other settings and populations
Qualitative data analysis
More simply
Qualitative analysis
involves disaggregating the qualitative data which
you collect, as you collect them, into meaningful and related
parts or categories.
This means:
Systematically rearranging and rigorously analysing these
data….
It is about:
Transforming the nature of the data in order to…
comprehend and manage them; and so
Merging related data drawn from different transcripts and
notes;
Adapted from Saunders et al most
editions
Qualitative data analysis
Identifying key themes or patterns from them for further
elaboration;
Developing &/or testing hypotheses based on these
apparent patterns or relationships;
Drawing & verifying conclusions
Adapted from Saunders et al most editions
The process involves:
categorisation
unitising data
recognising relationships & developing categories to facilitate
this
developing and testing hypotheses to reach conclusions
Qualitative Data Analysis
Main challenges in qualitative data analysis are to
reduce the data
structure the data
detextualise the data
Techniques for managing data- a variety of terms
Coding: the process by which items or groups of data are
assigned codes
Annotating: the process by which written material is altered by
the addition of notes or comments
Labelling: where there is an analytical scheme being developed
- significant passages, statements, words, etc., eg in interview
transcripts, are labelled to further direct analyses
Selection: key process in management of data through which
interesting significant, unusual or representative items are
selected to make arguments
Summary: process where a synopsis or précis of whole data set
is presented
( Baxter et al, 1996)
Techniques for managing data- a variety of terms
Describing - context of action, intentions of social actors &
processes in which social action is embedded
Classifying - give meaning by assigning bits of data to codes &
themes
Connecting - categorized or coded data analysed in terms of
patterns & connections that emerge
(Dey 1993)
Description - what is going on,
Analysis - expand & extend descriptive account - search for
themes & patterns from the data
Interpretation - offer own account of what is going on -
understanding & explanation is sought
(Wolcott 1994)
Strategies for Qualitative Analysis
Using a theoretical or descriptive framework
when using existing theory to formulate research question,
should also use theoretical prepositions as means to devise a
framework to help organize and direct data analysis
identify main variables, themes, components and issues in
research project and possible relationships between them
Exploring without a pre-determined theoretical or descriptive
framework
grounded theory approach
(Hussey & Hussey, 1997)
Grounded Theory
Philosophical approach
grounded theory analyst believes social organization of the
world is integrated - aim is to discover these processes of
socialisation - unlike deductive approach no need for
preconceived theorising
Role of data in developing theory
to understand processes of socialisation researcher, through
process analysis looks for explanations/indicators which when
synthesised can explain most of the variation in the data
researcher reveals and communicates the conceptual issues
which are of importance to the area of study, and which are
buried in the mass of data
(Connell & Lowe, 1996, Grounded Theory…)
Content Analysis
A way of systematically converting text to numerical variables
for quantitative data analysis. Process best based on analysis &
theoretical understanding of the substance of text. Two stages:
Sampling & construction of a coding frame
Examine text for specific words or phrases
eg interview transcripts, minutes of meetings
Examine text for themes/issues,
Examine documents, eg newspapers, company
reports - for specific items, eg articles dealing
with redundancies, work place discrimination
Measure the time allocated to specific issues,
eg time allocated in meetings, news broadcasts
Word/phrase
Theme
Item
Time
Coding unit
Example
Adapted from Hussey & Hussey, 1997
Some sources for Qualitative research
Hussey, J. & Hussey, R. (1997 and other editions) Business
research: A practical guide for undergraduate and postgraduate
students, Basingstoke
Saunders, M., Lewis, P., & Thornhill, A. (1997 and other
editions), Research methods for business students, London,
Pitman
Dey, I. (1993) qualitative data analysis: A user friendly guide
for social scientists, London, Routledge
Miles, M.B., & Huberman, A.M. (1994) Qualitative data
analysis: An expanded sourcebook, 2nd ed., Thousand Oaks,
CA, Sage
Silverman, D. (1993 and other editions) Interpreting qualitative
date: methods for analysing talk, text and interaction, London,
Sage
Applied Business Research and Analysis
Sampling and Sampling Methods- Lecture
Materials edited / prepared by Dr. Norman Peng
To understand the need for samplingTo understand probability
and non-probability sampling methodsTo understand the
characteristics of different sampling methodsTo identify the
sampling methods used by researchers
Learning objectives
Population
Can we get everyone’s opinion / input?
Do we need to ask everyone’s opinion / input?
Before sampling…
Sampling
Sampling
Saunders et al., (2013)
Common probability sampling methods
1. Simple random
Need good sampling frame
Common probability sampling methods
2. Systematic
Common probability sampling methods
3. Cluster
Postcode, departments within a company
Common probability sampling methods
4. Stratified
Quite difficult to do
http://www.bbc.co.uk/schools/gcsebitesize/maths/statistics/samp
linghirev3.shtml
Common probability sampling methods
Unbiased, but expensive Geographically constrained area
Youtube:
-https://www.youtube.com/watch?v=be9e-Q-jC-0
How many?
Sample size calculator
https://www.surveymonkey.com/mp/sample-size-calculator/
Common non-probability sampling methodsConvenient
Purposive Network (snowball)Quota
Other things to consider
Sampling
Selecting a probability sample
Note: Simple random sampling ideally requires a sample size of
over a few hundred
Saunders et al., (2013)
Sampling
Selecting a non-probability sampling technique
Saunders et al., (2013)
*
Examples:
Kerrane, B., Bettany, S.M., and Kerrane, K. (2015),"Siblings as
socialization agents", European Journal of Marketing, Vol.49,
No.5/6, pp.713 – 735.
Luo, Y., and Deng, J. (2008), “The New Environmental
Paradigm and nature-based tourism motivation”, Journal of
Travel Research, Vol.46, No. May, pp.392-402.
Truong, Y., McColl, R. (2011), “Intrinsic motivations, self-
esteem, and luxury goods consumption”, Journal of Retailing
and Consumer Services, Vol.18, pp.555-561.
Chen, A., Peng, N., and Hung, K-P. (2015), “Managing
salespeople strategically when promoting new products-
Incorporating market orientation into a sales management
control framework”, Industrial Marketing Management, Vol.47,
pp.147-155.
Nam, J., Ekinci, Y., and Whyatt, G. (2011), “Brand equity,
brand loyalty and consumer satisfaction”, Annals of Tourism
Research, Vol.38, No.3, pp.1009-1030.
Where can you find sampling method/s?
GOOD LUCK with your Research!!!
Applied Business Research &
Analysis (Lecture Week 4)
Secondary Data sources and Published Business Research
sources, Evaluation and Analysis
Dr. Sean Chung
BSc, MSc, PhD
Lecturer in Marketing
Room 213, Maxwell Building, Salford Business School,
University of Salford, The Crescent, Salford, Manchester, M5
4WT, UK
t: +44 (0)161 295 7075 | e: [email protected]
mailto:[email protected]
Primary vs. Secondary Data
• Primary data are originated by a researcher for the specific
purpose of addressing the problem at hand.
• Secondary data are data which have already been
collected for purposes other than the problem at hand.
These data can be located quickly and inexpensively.
Copyright © 2015 Pearson Education
Secondary data are of primary importance in
marketing research.
Uses of Secondary Data
• Identify the problem
• Better define the problem
• Develop an approach to the problem
• Formulate an appropriate research design (for example, by
identifying the key variables)
• Answer certain research questions and test some hypotheses
• Interpret primary data more insightfully
• Applications include economic-trend forecasting, corporate
intelligence, international data, public opinion, and historical
data.
• See www.secondarydata.com
http://secondarydata.com/
The Balancing Act with Secondary Data
POTENTIAL
ADVANTAGES
POTENTIAL
DISADVANTAGES
racy
• May enhance existing primary data
• May achieve research objective
Benefits of Secondary Data
http://r.search.yahoo.com/_ylt=A2KLj.s.nA1VsF4AvNVWBQx.;
_ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZw
RpdAM-
/RV=2/RE=1426984127/RO=11/RU=http:/mayankbhatiaahm.blo
gspot.com/2010_08_12_archive.html/RK=0/RS=NFTLvZi7xfpsi
VeljGhSHfyL.xo-
http://r.search.yahoo.com/_ylt=A2KLj.s.nA1VsF4AvNVWBQx.;
_ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZw
RpdAM-
/RV=2/RE=1426984127/RO=11/RU=http:/mayankbhatiaahm.blo
gspot.com/2010_08_12_archive.html/RK=0/RS=NFTLvZi7xfpsi
VeljGhSHfyL.xo-
Disadvantages of Secondary Data
• Incompatible reporting units… need
zip code data and only have County
data.
• Measurement units do not match,
e.g., need per capita income and only
have household income.
• Class definitions are not usable, e.g.,
need to know percent of population
with income above $100k and only
have $50k and over.
• Data are outdated.
http://r.search.yahoo.com/_ylt=Az_6xdgxng1VHxAAw21WBQx
.;_ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZ
wRpdAM-
/RV=2/RE=1426984625/RO=11/RU=http:/newenergy.springbret
t.net/disadvantages-of-solar-
energy/RK=0/RS=BaSMFYOImblseESUiXnyyUBoClU-
http://r.search.yahoo.com/_ylt=Az_6xdgxng1VHxAAw21WBQx
.;_ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZ
wRpdAM-
/RV=2/RE=1426984625/RO=11/RU=http:/newenergy.springbret
t.net/disadvantages-of-solar-
energy/RK=0/RS=BaSMFYOImblseESUiXnyyUBoClU-
Advocacy Research
ADVOCACY RESEARCH
Research conducted to support a position rather
than to find the truth about an issue.
Advocacy research is blatantly unethical.
Common Research Objectives
For Secondary Data Studies
Fact Finding - Identifying consumption patterns
- Tracking trends
Model building - Estimating market potential
- Forecasting sales
- Selecting trade areas and sites
Data Base Marketing - Development of Prospect Lists
- Enhancement of Customer Lists
Fact Finding
• IDENTIFY CONSUMER
BEHAVIOR
• TREND ANALYSIS
• ENVIRONMENTAL
SCANNING
Model Building
• MARKET
POTENTIAL
• FORECASTING
SALES
• ANALYSIS OF
TRADE AREAS
Database Marketing
Practice of
maintaining a
customer
data base:
• Names
• Addresses
• Past
purchases
• Responses
to past
efforts
• Data from
numerous
sources
http://r.search.yahoo.com/_ylt=A2KLktmVqA1VrXwAzapWBQ
x.;_ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZ
wRpdAM-
/RV=2/RE=1426987286/RO=11/RU=http:/www.metricagroup.co
m/services/marketing-optimization/data-services/centralized-
data-hub/RK=0/RS=CNXXy6tQy3m1C765JquntQgHHbQ-
http://r.search.yahoo.com/_ylt=A2KLktmVqA1VrXwAzapWBQ
x.;_ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZ
wRpdAM-
/RV=2/RE=1426987286/RO=11/RU=http:/www.metricagroup.co
m/services/marketing-optimization/data-services/centralized-
data-hub/RK=0/RS=CNXXy6tQy3m1C765JquntQgHHbQ-
Database Marketing and CRM
1. These databases provide
the essential tool needed
to nurture, expand, and
protect the customer
relationship
2. Databases also serve as a
foundation for developing
marketing programs
3. Databases allow marketers
to capture and track
customer profiles and
purchase detail.
http://r.search.yahoo.com/_ylt=A2KLktmVqA1VrXwA56pWBQ
x.;_ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZ
wRpdAM-
/RV=2/RE=1426987286/RO=11/RU=http:/www.speedlinesolutio
ns.com/home/speedline_blog/postid/198/pizza-point-of-sale-
marketing-from-the-pos-
database.aspx/RK=0/RS=5ZAO41z4o3abb.mfjsbyH3PSVnY-
http://r.search.yahoo.com/_ylt=A2KLktmVqA1VrXwA56pWBQ
x.;_ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZ
wRpdAM-
/RV=2/RE=1426987286/RO=11/RU=http:/www.speedlinesolutio
ns.com/home/speedline_blog/postid/198/pizza-point-of-sale-
marketing-from-the-pos-
database.aspx/RK=0/RS=5ZAO41z4o3abb.mfjsbyH3PSVnY-
Database Marketing
Ethical Issue?
How much
information
should
companies
have about
consumers?
• Wider DATA Mining
hhttp://www.hendrikspeck.com/press/data-mining-you-to-death-
does-google-know-too-much/
hhttp://www.hendrikspeck.com/press/data-mining-you-to-death-
does-google-know-too-much/
Searching for Secondary Data
• Identify what you want to know and
what you already know about your
topic
• Develop a list of key terms and names
• Search several of the general guides,
directories, and Web sites for papers
and/or reports
• Compile the literature you have found.
Rework your list of key words and
authors if necessary
• Consult the reference librarian
• Consult the various directory guides
• Identify authorities in the area and
consult them
STEPS:
http://r.search.yahoo.com/_ylt=A2KLj9JZsg1VL2MAjqBWBQx.
;_ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZw
RpdAM-
/RV=2/RE=1426989786/RO=11/RU=http:/utahultimate.org/high
-school-power-rankings-week-2/down-arrow-
red/RK=0/RS=yYBCyNRwvAaZnEtzOt_liCApkWw-
http://r.search.yahoo.com/_ylt=A2KLj9JZsg1VL2MAjqBWBQx.
;_ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZw
RpdAM-
/RV=2/RE=1426989786/RO=11/RU=http:/utahultimate.org/high
-school-power-rankings-week-2/down-arrow-
red/RK=0/RS=yYBCyNRwvAaZnEtzOt_liCApkWw-
A Classification of Secondary Data
Copyright © 2015 Pearson Education
Secondary
Data
Internal
Data Warehousing
& Data Mining
Customer
Databases
Business/
Nongovernment
Government
Syndicated
Services
Social Media
External
CRM &
Database Marketing
Most studies should begin with a
search for internal secondary data.
Types of Secondary Data
– Internal databases
(files, records, reports, etc.)
Database:
Records Fields
Sales records
Scanner data
Sales reports
Data mining
External Secondary Data
• Created, recorded, or generated by an entity other than
the researcher’s organization
• Trade associations
• Newspapers and journals
• Libraries
• The internet
• Vendors
• Producers
• Media sources
• Books and periodicals
• Government sources
• Commercial sources
Professional Organizations and Libraries
• Association of Market
Survey Organizations,
British Institute of
Management,
Confederation of British
Industry, Chartered
Institute of Marketing,
Institute of Practitioners in
Advertising, Advertising
Association, Market
Research Society.
• Main libraries in major UK
cities.
http://r.search.yahoo.com/_ylt=Az_6xdkznA5VXQ8AP0BWBQx
.;_ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZ
wRpdAM-
/RV=2/RE=1427049652/RO=11/RU=http:/www.spyghana.com/c
im-advises-organizations-embrace-technology-based-
marketing/RK=0/RS=0HqbViBK.GYygDLBYxC_drkzvuY-
http://r.search.yahoo.com/_ylt=Az_6xdkznA5VXQ8AP0BWBQx
.;_ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZ
wRpdAM-
/RV=2/RE=1427049652/RO=11/RU=http:/www.spyghana.com/c
im-advises-organizations-embrace-technology-based-
marketing/RK=0/RS=0HqbViBK.GYygDLBYxC_drkzvuY-
http://r.search.yahoo.com/_ylt=A2KLj9N2nA5VS1MAoYJWBQ
x.;_ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZ
wRpdAM-
/RV=2/RE=1427049719/RO=11/RU=http:/ronamoroso.blogspot.
com/2010/10/idea-national-digital-
library.html/RK=0/RS=j7s_9mWba4xmHd026QKRwu8FK5Q-
http://r.search.yahoo.com/_ylt=A2KLj9N2nA5VS1MAoYJWBQ
x.;_ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZ
wRpdAM-
/RV=2/RE=1427049719/RO=11/RU=http:/ronamoroso.blogspot.
com/2010/10/idea-national-digital-
library.html/RK=0/RS=j7s_9mWba4xmHd026QKRwu8FK5Q-
Government and other data sources
Government and other data sources
Standardized Marketing Information
Services
• Commercial sources of secondary data. The data
are usually collected, analyzed, and then sold to
multiple companies. Because the information is
sold to multiple companies, the data must be
“standardized” (as opposed to customized for
individual companies).
•Sometimes referred to as
Syndicated Research
Uses of Standardized Marketing
Information Services
• Attitude and public opinion research—syndicated
services report the findings of opinion polls
• Consumption and purchase behavior data
• Advertising research—readership and audience data
• Profiling customers
• Measuring product sales and market share
• Measuring advertising exposure and effectiveness
Profiling Customers
• GEODEMOGRAPHY: The availability of demographic,
consumer-behavior, and lifestyle data by arbitrary
geographic boundaries that are typically quite small.
• Geodemographers aggregate data from
multiple sources and then make
information available, typically in the
form of maps.
Type of Individual/Household Level
Data Available from Syndicated Firms
I. Demographic Data
- Identification (name, address, telephone)
- Sex
- Marital status
- Names of family members
- Age (including ages of family members)
- Income
- Occupation
- Number of children present
- Home ownership
- Length of residence
- Number and make of cars owned
Type of Individual/Household Level
Data Available from Syndicated Firms
II. Psychographic Lifestyle Data
- Interest in golf
- Interest in winter skiing
- Interest in book reading
- Interest in running
- Interest in bicycling
- Interest in pets
- Interest in fishing
- Interest in electronics
- Interest in cable television
There are also firms such as Dun & Bradstreet and American
Business
Information which collect demographic data on businesses.
Commercial Sources
• Key Note:
• Market Research Reportd
• Company Information:
www.keynote.co.uk
• Mintel:
• Market Intelligence Reports
www.mintel.com
http://www.keynote.co.uk/
http://www.mintel.com/
https://www.keynote.co.uk/
https://www.keynote.co.uk/
https://youtu.be/Nk_sU3M-h4Y
https://youtu.be/Nk_sU3M-h4Y
Commercial Sources
• Market share data
companies like A.C.
Nielsen provide
information about sales
volume and brand share
over time
• Demographic and census
updates—many
organizations supply
census updates, in easy-to-
use or custom formats
https://www.youtube.com/watch?v=NGUyPueEduc
https://www.youtube.com/watch?v=NGUyPueEduc
https://youtu.be/c0o3oHmqNOc
https://youtu.be/c0o3oHmqNOc
A Classification of Syndicated Services
Unit of Measurement
Households/
Consumers
Institutions
Scanner Panels
with Cable TV
Psychographic
& Lifestyles
General
Advertising
Evaluation
Syndicated Data
from Households/Consumers
Surveys Volume
Tracking Data
Scanner Panels
Electronic scanner
servicesPurchase Panels Media Panels
Purchase/Media
Panels
A Classification of Syndicate Services:
Households/ Consumers
Copyright © 2015 Pearson Education
Classification of Syndicated Survey
Research
Copyright © 2015 Pearson Education
Surveys by Syndicated Firms
Periodic Panel
General
Advertising
Evaluation
Psychographic and
Lifestyles
A Classification of Syndicate Services:
Institutions
Copyright © 2015 Pearson Education
Syndicated Data
from Institutions
Retailers Wholesalers
Industry
Services
Audit
Services
Direct
Inquiries
Clipping
Services
Corporate
Reports
Type Characteristics Advantages Disadvantages Uses
Surveys Surveys
conducted at
regular intervals
Most flexible way
of obtaining data;
information on
underlying
motives
Interviewer
errors;
respondent
errors
Market
segmentation;
advertising theme
selection, and
advertising
effectiveness
Purchase
Panels
Households
provide specific
information
regularly over an
extended period
of time;
respondents
asked to record
specific
behaviors as
they occur
Recorded
purchase
behavior can be
linked to the
demographic/
psychographic
characteristics
Lack of
representative-
ness; response
bias; maturation
Forecasting sales,
market share, and
trends; establishing
consumer profiles,
brand loyalty, and
switching;
evaluating test
markets,
advertising, and
distribution
Type Characteristics Advantages Disadvantages Uses
Media
Panels
Electronic
devices
automatically
recording
behavior,
supplemented
by a diary
Same as
purchase panel
Same as
purchase panel
Establishing
advertising rates;
selecting media
program or air
time; establishing
viewer profiles
Scanner
Volume
Tracking
Data
Household
purchases are
recorded
through
electronic
scanners in
supermarkets
Data reflect
actual
purchases;
timely data; less
expensive
Data may not be
representative;
errors in
recording
purchases;
difficult to link
purchases to
elements of
marketing mix
other than price
Price tracking,
modeling;
effectiveness of in-
store modeling
Copyright © 2015 Pearson Education
Type Characteristics Advantages Disadvantages Uses
Scanner
Diary
Panels
with
Cable TV
Scanner panels
of households
that subscribe to
cable TV
Data reflect actual
purchases;
sample control;
ability to link
panel data to
household
characteristics
Data may not be
representative;
quality of data
limited
Promotional mix
analyses; copy
testing; new-
product testing;
positioning
Audit
Services
Verification of
product
movement by
examining
physical records
or performing
inventory
analysis
Relatively precise
information at the
retail and
wholesale levels
Coverage may be
incomplete;
matching of data
on competitive
activity may be
difficult
Measurement of
consumer sales and
market share;
competitive activity;
analyzing
distribution patterns;
tracking of new
products
Copyright © 2015 Pearson Education
Type Characteristics Advantages Disadvantages Uses
Institut-
ional
Syndicated
Services
Data banks on
industrial
establishments
created through
direct inquiries
of companies,
clipping
services, and
corporate
reports
Important
source of
information on
industrial firms;
particularly
useful in initial
phases of the
projects
Data is lacking
in terms of
content,
quantity, and
quality
Determining
market potential
by geographic
area; defining
sales territories;
allocating
advertising budget
Copyright © 2015 Pearson Education
Combining data from different syndicated sources
compensates for the weaknesses of one method
with the strengths of another.
International Marketing Research
(Cont.)
• In formulating a research
design, considerable effort
is required to ensure the
equivalence and
comparability of secondary
and primary data obtained
from different countries.
Copyright © 2015 Pearson Education
International Marketing Research
(Cont.)
• The problems with data compatibility are even more
pronounced when dealing with secondary data from
international sources.
• Differences in units of measurement for such common
economic statistics as personal disposable income make
comparisons between two countries difficult.
• The accuracy of secondary data might also vary with the
level of industrialization in a country.
• The taxation structure and the extent of tax evasion
affect reported business and income statistics.
• The measurement frequency of population census data
varies considerably.
International Marketing Research
(Cont.)
• For companies considering expansion internationally or
managing existing international ventures, one of the first
steps toward understanding and monitoring these
markets can be through syndicated sources.
• Many of the same major syndicated firms operating in
the United States/UK, e.g., Nielsen, have invested heavily
in creating data collection systems to support their
internationally operating clients.
• Nielsen has made huge investments in European
markets over the past 30-plus years, introducing
scanner and tracking services at the retail level.
ABRA
Week 3
research design, methods…
SS
Research Design and
Method
Research design
Research design is the way research questions and objectives
are developed within a research project.
This is called research design process.
It involves a set of decisions that need to be considered for
any research project…
Clear objectives derived from the research question
Sources of data collection
Constraints and ethical issues
Valid reasons for the choice of design
What do we need to consider in this process?
Some questions to consider for deciding on a research idea and
project:
Is the topic something with which you are really interested in?
Do you have, or can you develop it within the set time frame?
Are you reasonably certain of being able to gain access to data
you are likely to require for this topic?
Does your topic contain issues that have a clear link to theory?
Are you able to state your research question(s) and objectives
clearly?
Research Onion
*
Paradigms
Positivist
Facts
Objective
Quantitative
Laws &
regularities
Anti-positivist
Meanings
Interpretive
Qualitative
Understanding & description
Causality - relation between an event (the cause) and a second
event (the effect)
Structure and agency
Knowledge & social research
*
Ontology: assumptions about the nature of reality. i.e. how we
understand the world
Epistemology: assumptions about ‘how we come to know’; how
knowledge is created
Axiology: assumptions about the value system, researcher’s
values
Methodology: combination of methods used to gain knowledge
Methods: individual techniques for data collection and analysis
Paradigm and assumptions:
Ontology:
Assumptions about the nature of reality. i.e. how we understand
the world
Discussion Point:
What do these two statements mean to you?
Reality exists externally and its properties can be and should be
measured through objective methods
Reality is not objective and exterior, but is socially constructed
and given meaning by people
( 10 mins)
Epistemology:
‘how we come to know’; how knowledge is created
a) Knowledge is socially constructed, and the interpretations
of the participants [subjective] and the investigator may
contribute partially to the knowledge of the phenomenon being
investigated, but does not represent an ultimate reality about the
phenomenon.
b) The social world is believed to be composed of simple
cause and effect relationships and interactions that effect one
another in a scientific manner. This can only be understood by
using rigorous procedures that are scientific, objective and
neutral.
Inductive and deductive overview:
Source: Claudio Vignali, Mike Zundel, (2003)
Exploratory research
Descriptive studies
Explanatory studies
Classification of the research purpose
Exploratory study –what is happening; to seek new insights, to
ask questions and to assess phenomena in a new light.
Descriptive study: to portray an accurate profile of persons,
events or situations. Explanatory study: studying a situation or a
problem in order to explain the relationships between variables.
How did this viral begin? What sort of people affected? Was
Ebola going to spread internationally?
Survey
Case study
Grounded theory
Ethnography
Action research
Experiment
Archival research
Research Strategies
Survey: key features
Popular in business researchPerceived as authoritativeAllows
collection of quantitative dataData can be analysed
quantitatively Samples need to be representativeGives the
researcher independence
Research Strategies
Research Strategies
Case Study: key features
Provides a rich understanding of a real life context
Uses and triangulates multiple sources of data
A case study can be categorised in four ways
and based on two dimensions:
single case v. multiple case
holistic case v. embedded case
(Yin et al. 2003)
Ethnography: key features
Aims to describe and explain the social world inhabited by
the Researcher
generally takes place over an extended time period
is naturalistic
involves extended participant observation
Research Strategies
Grounded theory: key features
Grounded theory may be defined as:
“The discovery of theory from data systematically obtained
from social research” (Glaser and Strauss 1967: 2)
Develops theory from data generated by
observations
It is an interpretative process, not a logic-deductive one
Suddaby, (2006)
Research Strategies
Research Strategies
Action research: key features
Research IN action - not ON actionInvolves practitioners in the
researchThe researcher becomes part of the
organisationPromotes change within the organisationCan have
two distinct foci (Schein, 1999) – the aim of the research and
the needs of the sponsor
The action research spiral
An experiment will involve
Definition of a theoretical hypothesisSelection of samples from
known populationRandom allocation of samplesIntroduction of
planned intervention Measurement on a small number of
dependent variablesControl of all other variables
Research Strategies
Archival research: key features
Uses administrative records and documents as the principal
sources of data
Allows research questions focused on the past
Constrained by the nature of the records and documents
Research Strategies
Figure 5.4 Research choices
Research method Choices
are broad statements of a desired research outcome(s), or the
general intentions of the research, which 'paint a picture' of
your research project…
emphasis is on what is to be accomplished and not how it is
to be accomplished…
address the macro project outcomes, they should capture the
aspirations and expectations of the research topic…
Developing research Aims,
Objectives and Questions
Seek to understandDiscover Explore Describe
Objectives… language
Determine Establish ExamineInvestigate Evaluate Develop
Analyse
objectives are subsidiary to aims and:
are the steps you are going to take to answer your research
questions or a specific list of tasks needed to accomplish the
goals of the project…
emphasise how the aims are to be achieved.
must be highly focused and feasible…
address the more immediate project outcomes…
make accurate use of concepts….
must be sensible and precisely described…
should read as a set of statements to convey your intentions…
Developing research Aims, Objectives and Questions
Research questions will emerge from the objectives and can
shape the objectives….
They need to :
have Clarity and clear scope
be Manageable
be related to assumptions
be related to previous research
be Ethical
have practical use , be relevant
be of interest to you
Aspects to consider
Reliability
Validity
Generalisability
Credibility of research findings
Construct validity - whether the correct operational measures
have been established for the issues being investigated.
Specifically, construct validity is largely based on whether the
data collection instrumentation was appropriate for the research.
External validity denotes the extent to which the research
findings can be generalised Internal validity concerns the
applicability of the data analysis techniques to the issues being
investigated. Reliability demonstrates the repeatability of
research elsewhere
Credibility of research findings
Validity is concerned with the extent to which the research
findings present a true picture of what is being studied and what
is really happening in the situation
(Cunningham, 1988, 312; Hussey and Hussey, 1997').
Note that:
‘The research design should not subject the research population
to embarrassment, harm or other material disadvantage’
Research design ethics
Saunders et al, (2009)
Task 1
Discussion -
Can the approach to the study of social world, including that
of management and organisation be the same as the approach to
studying the natural sciences?
10 mins
Draw up a simple matrix with the following headings for your
potential research report/project:
Research aims and objectivesResearch questionsTheory/
Theories Your approach: Inductive/ Deductive Data Collection
MethodsAny possible issues related to data collection
Task 2
Applied Business Research &
Analysis (Lecture Week 2)
Management Decision-Making and the Scope and Purpose of
Business Research
Dr. Sean Chung
BSc, MSc, PhD
Lecturer in Marketing
Room 213, Maxwell Building, Salford Business School,
University of Salford, The Crescent, Salford, Manchester, M5
4WT, UK
t: +44 (0)161 295 7075 | e: [email protected]
mailto:[email protected]
mailto:[email protected]
The Business/Marketing Research Process
Step 6: Preparing & Presenting the Report
Step 5: Preparing & Analyzing Data
Step 4: Doing Field Work/ Collecting Data
Step 3: Formulating a Research Design
Secondary & Syndicated
Data Analysis
Qualitative Research
Survey & Observation
Research
Experimental Research Measurement & Scaling
Questionnaire & Form
Design
Sampling Process &
Sample Size
Preliminary Plan of Data
Analysis
Step 2: Developing an Approach to the Problem
Step 1: Defining the Problem
Problem Definition & Approach
Development Process
Tasks Involved
Qualitative
Research
Discussions with
Decision Makers
Interviews with
Experts
Secondary Data
Analysis
Environmental Context of the Problem
Step 1: Problem Definition
Management Decision Problem
Step 2: Approach to the Problem
Step 3: Research Design
Research
Questions and Hypotheses
Analytical Framework
and Models
Specification of
Information Needed
Business Research Problem
Tasks Involved in Problem Definition
• Discussions with Decision Makers
• Interviews with Industry Experts
• Secondary Data Analysis
• Qualitative Research
Problem definition
begins with discussions
with the key decision
makers(s).
“The formulation of the problem is often more essential
than its solution.” – Albert Einstein
Conducting a Problem Audit
Corporate Decision-Making Culture
How Will Each Item of Information Be Used by the DM?
Information Needed to Answer the DM’s Questions
Nature of Potential Actions Based on Research
Criteria for Evaluating Alternative Courses
Alternative Courses of Action Available to DM
History of the Problem
Discussion Between the Researcher
and the DM
Focus of the DM
Symptoms
• Loss of Market Share
Focus of the Researcher
Underlying Causes
• Superior Promotion by
Competition
• Inadequate Distribution
of Company’s Products
• Lower Product Quality
• Price Undercutting by a
Major Competitor
Discussion
After the recession of 2008-2010, many consumers have
become price and value conscious leading to a loss of market
share for prestigious department stores.
Problem Defn Based on Symptoms Can Be
Misleading
Firm Symptoms
Based on
Symptoms
Based on
Underlying Causes
Manufacturer
of orange
soft drinks
Consumers
say the
sugar
content is
too high
Determine
consumer
preferences for
alternative levels of
sugar content
Color. The color of the
drink is a dark shade of
orange giving the
perception that the
product is too “sugary.”
Manufacturer
of machine
tools
Customers
complain
prices are
too high
Determine the price
elasticity of demand
Channel management.
Distributors do not have
adequate product
knowledge to
communicate product
benefits to customers.
Factors to be Considered in the
Environment Context of the Problem
Marketing and Technological Skills
Economic Environment
Legal Environment
Buyer Behavior
Objectives of the Decision Maker
Resources and Constraints
Past Information and Forecasts
Management Decision Problem
• Asks what the decision
maker needs to do
• Action oriented
• Focuses on symptoms
Business Research Problem
• Asks what information is
needed and how it should
be obtained
• Information oriented
• Focuses on the underlying
causes
Management Decision Problem vs.
Business Research Problem
Management Decision Problem and the
Corresponding Business Research
Problem
Management Decision Problem
• Should a new product be
introduced?
• Should the advertising
campaign be changed?
• Should the price of the
brand be increased?
Business Research Problem
• To determine consumer
preferences and purchase
intentions for the proposed new
product.
• To determine the effectiveness
of the current advertising
campaign.
• To determine the price elasticity
of demand and the impact on
sales and profits of various
levels of price changes.
Management Decision Problem and the
Corresponding Business Research
Problem
Management Decision Problem
Should Harley-Davidson
invest to produce more
motorcycles?
Business Research Problem
To determine if customers
would be loyal buyers of
Harley-Davidson in the long
term.
Errors in Defining the Business Research
Problem
Common
Errors
Problem Definition is
Too Broad
• Does Not Provide
Guidelines for
Subsequent Steps
• e.g., Improving the
Company’s Image
Problem Definition is
Too Narrow
• May Miss Important
Components of the
Problem
• e.g. Changing Prices in
Response to a
Competitor’s Price
Change
Proper Definition of the Business
Research Problem
Business Research Problem
Broad
Statement
Component 1 Component 2 Component 3
Specific Components
Management Decision Problem and
Business Research Problem
Symptoms
Management
Decision Problem
Business Research Problem Underlying Causes
Specific
Components
Broad
Statement
Harley-Davidson Example
Management Decision Problem:
• Should Harley-Davidson invest to produce more
motorcycles?
Business Research Problem: Broad Statement
• To determine if customers would be loyal buyers of
Harley-Davidson in the long term.
Harley-Davidson: Specific
Components
Business Research Problem: Specific Components
1. Who are the customers? What are their demographic and
psychographic (lifestyle) characteristics?
2. Can different types of customers be distinguished? Is it
possible to segment the market in a meaningful way?
3. How do customers feel regarding their Harleys? Are all
customers motivated by the same appeal?
4. Are the customers loyal to Harley-Davidson? What is the
extent of brand loyalty?
An analytical model is a set of variables and
their interrelationships designed to represent, in
whole or in part, some real system or process.
Graphical Models
Graphical models are visual.
They are used to isolate variables and to suggest
directions of relationships but are not designed to
provide numerical results.
Awareness
Understanding: Evaluation
Preference
Patronage
Development of Research Questions &
Hypothesis
Components of the
Business Research
Problem
Research
Questions
Hypotheses
Analytical
Framework
and
Models
• Research questions (RQs) are refined statements of
the specific components of the problem.
• A hypothesis (H) is an unproven statement or
proposition about a factor or phenomenon that is of
interest to the researcher. Often, a hypothesis is a
possible answer to the research question.
Research Questions & Hypothesis
Harley-Davidson Example
• RQ: Can the motorcycle buyers be segmented based on
psychographic characteristics?
• H1: There are distinct segments of motorcycle buyers.
• H2: Each segment is motivated to own a Harley for a
different reason.
• H3: Brand loyalty is high among Harley-Davidson
customers in all segments.
Specification of Information Needed
• By focusing on each component of the problem and the
analytical framework and models, research questions,
and hypotheses, the researcher can determine what
information should be obtained.
Specification of Information Needed
• Component 1
• Component 2
•
•
• Component n
• RQs for
Component 1
• RQs for
Component 2
•
•
•
• RQs for
Component n
• Hypotheses for
Component 1
• Hypotheses for
Component 2
•
•
• Hypotheses for
Component n
• Info needed for
Component 1
• Info needed for
Component 2
•
•
•
• Info needed for
Component n
Business
Research
Problem
Research
Questions
(RQs)
Hypotheses
Specification of
Info Needed
Harley-Davidson: Specification of
Information
Component 1
• Ownership of motorcycles (Harley-Davidson and its
competitors). Interest in potentially owning a motor cycle if
they do not currently have one.
• Standard demographic characteristics (e.g., gender, marital
status, household size, age, education, occupation, income,
and type and number of automobiles owned) and
psychographic characteristics. Psychographic characteristics
include outdoor and recreational activities, family orientation,
and attitude toward adventure.
Harley-Davidson Example (Cont.)
Component 2
• No new information to be collected. The segment can be
identified based on information obtained for the first
component.
Component 3
• Ratings of Harley-Davidson motorcycles on image, features,
brand name, and subjective perceptions.
Component 4
• Attitudes towards, preferences for and repurchase of Harley-
Davidson motorcycles.
• Lack of familiarity with the environmental factors of the
country in which the research is being conducted can increase
the difficulty of appropriately defining the problem.
• Many international marketing efforts fail because a problem
audit is not conducted prior to entering the foreign market,
and the relevant environmental factors are not taken into
account.
International Business Research
• While developing theoretical framework, models, research
questions and hypotheses, remember that difference in the
environmental factor, especially the sociocultural
environment, can lead to difference in the formation of
perceptions, attitudes, preferences and choice behavior.
• For example, orientation toward time varies considerably
across cultures, which can influence perceptions and
preferences for convenience foods.
International Business Research (Cont.)
Motorcycles are used for recreation in the United
States but as a means of daily transportation in SE
Asia.
Ethics in Business Research
• Potential for ethical conflict between the
marketing researcher and the client.
• Personal interests or hidden agendas of either
stakeholder can lead to ethical dilemmas.
• The client should be forthright in disclosing the
relevant objectives and the purpose for which the
research is being undertaken.
• The researcher should have the best interest of
the client at heart.
• In developing an approach, ethical issues include
using models and approaches developed for
specific projects for other clients.
Copyright © 2015 Pearson Education
SalfordBusiness School
Applied Business Research and Analysis
Quantitative Research
Data Analysis and Presentation
Seminar
Professor David F. Percy
Illustration of
Google Analytics
Interactive Demonstration of
GapminderWorld
Group Discussion Exercise
and Software Demonstration
of Credit Scoring
Credit scoring data for 1,000 German bank customers (extract)
Credit scoring data for 1,000 German bank customers
(description)
Credit scoring data for 1,000 German bank customers
(description)
Credit scoring data for 1,000 German bank customers
(description)
Credit scoring data for 1,000 German bank customers
(description)
Analysis of credit scoring data using Excel, Minitab and SPSS
Numerical summaries (duration + amount + job + telephone +
credit)
Graphical summaries (duration + amount + job + telephone +
credit)
One-sample test for mean (duration + amount)
One-sample test for proportion (telephone + credit)
Two-sample test for means (duration x credit, amount x credit)
Two-sample test for proportions (telephone x credit)
Correlation and regression (duration x amount)
Chi-square test (job x credit)
Multiple logistic regression (credit x {duration + amount + job
+ telephone})
Qualitative Data Analysis
Week 7 Seminar
sudi
sudi
Data Analysis – What is Coding?
Coding is the process of combing the data for themes, ideas and
categories and then marking similar passages of text with a code
label so that they can easily be retrieved at a later stage for
further comparison and analysis.
Coding the data makes it easier to search the data, to make
comparisons and to identify any patterns that require further
investigation.
sudi
What is Coding?
Coding is the process of combing the data for themes, ideas and
categories and then marking similar passages of text with a code
label so that they can easily be retrieved at a later stage for
further comparison and analysis.
Coding the data makes it easier to search the data, to make
comparisons and to identify any patterns that require further
investigation.
sudi
How to code
Codes can be based on
Themes, Topics
Ideas, Concepts
Terms, Phrases
Keywords
sudi
What to look for when coding
When coding
Researchers have some codes already in mind (deductive)
And
Researchers are also looking for other ideas that seem to arise
out of the data (inductive)
When coding you should ask the following questions
What is going on?
What are people doing?
What is the person saying?
What do these actions and statements take for granted?
sudi
Coding
NO.
WHAT CAN BE CODED
EXAMPLES1Behaviours, specific actsSeeking reassurance,
Bragging2Events – short once in a lifetime events or things
people have done that are often told as a story.Wedding day,
day moved out of home for university, starting first job
3Activities – these are of a longer duration, involve other
people within a particular settingGoing clubbing, attending a
night course, conservation work4Strategies, practice or
tacticsBeing nasty to get dumped,
Staying late at work to get promotion5States – general
conditions experienced by people or found in
organisationsHopelessness “I’ll never meet anyone better at my
age” settling for someone who is not really suitable6Meanings –
A wide range of phenomena at the core of much qualitative
analysis. Meanings and interpretations are an important part of
what directs participants’ actions.
sudi
Example of coded transcript
Volunteering
For instance, we have a group of volunteers, who come every
week to have laughter therapy with the kids. They help kids
relax, lift their spirits and distract a bit. It is hard to have
regular volunteers, but it seems like we came to an agreement
with doctors to organize so-called bedside workshops. Different
artists, photographers and psychologists will be visiting the kids
in the hospital.
Interview 1.4a, Samara Oblast’
sudi
Applied Business Research and Analysis
Sampling and Sampling Methods- Seminar
Materials edited / prepared by Dr. Norman Peng
Learning objectives
To strengthen existing knowledge on different sampling
techniques
To identify suitable sampling method/s for different research
scenarios / needs
To identify other researchers’ sampling rationales and
limitations
Key points and questions from the lecture
Exercise 1 (suggest: 20-25 minutes)
Sampling exercises-Please see handout
In your groups, please work on all three questions
source: Saunders et al (2012:293-294, 302-303)
Working individually:
Look at one of the articles of your choice
Make notes of the process used to select the sample for the
survey or interview or focus group.
Note down areas where you feel there is insufficient
information to fully understand the sampling process (e.g. the
total population, size of sample, how the sample were selected,
representatives).
Exercise 2 (suggest: 15-20 minutes)
5
Thank you!!!
Applied Business Research &
Analysis (Seminar 4)
Secondary Data sources and Published Business Research
sources, Evaluation and Analysis
Dr. Sean Chung
BSc, MSc, PhD
Lecturer in Marketing
Room 213, Maxwell Building, Salford Business School,
University of Salford, The Crescent, Salford, Manchester, M5
4WT, UK
t: +44 (0)161 295 7075 | e: [email protected]
mailto:[email protected]
Criteria for Evaluating Secondary Data
• Specifications: Methodology Used to Collect the Data
• Error: Accuracy of the Data
• Currency: When the Data Were Collected
• Objective(s): The Purpose for Which the Data Were
Collected
• Nature: The Content of the Data
• Dependability: Overall, How Dependable Are the Data
Criteria for Evaluating Secondary Data
Copyright © 2015 Pearson Education
Criteria Issues Remarks
Specifications/
Methodology
Data collection method
Response rate, Quality
Sampling technique, Size
Questionnaire design
Field work
Data analysis
Data should be
reliable, valid,
and generalizable
to the problem
at hand.
Error Examine errors in:
Approach, Research design,
Sampling, Data collection,
Data analysis, Reporting
Assess accuracy by
comparing data
from different
sources.
Currency Time lag between collection
and publication
Frequency of updates
Census data are
periodically updated
by syndicated firms.
Copyright © 2015 Pearson Education
Criteria for Evaluating Secondary Data (cont’d)
Criteria Issues Remarks
Objective Why were the data
collected?
The objective will
determine the
relevance of data.
Nature Definition of key variables
Units of measurement
Categories used
Relationships examined
Reconfigure the
data to increase
their usefulness,
if possible.
Dependability Expertise, credibility,
reputation, and
trustworthiness of the
source.
Data should be
obtained from an
original rather
than an acquired
source.
Challenges in Evaluating and Using Secondary Data
• In groups of 4-5 read the recent article Coca-Cola pouring
millions into scientific research and healthy eating
schemes 'to counter claims its drinks cause obesity’
• Discuss the potential issues and challenges one must be aware
of
when utilizing secondary data.
• How would you go about gathering additional secondary data
to
further enhance your understanding of the subject area and
develop a related research idea?
• Read the article It’s Hard to Count Calories, Even for
Researchers
• What key points are emphasized in this article in terms of the
use
of secondary data and drawing conclusions from relevant
secondary data analyses?
ABRA
seminar
week 3
research design process, aim and objectives, methods…
Some basic research concepts ---prompts
sudi
Research Design
Research design is the way a research question and objectives
are operationalized into a research project.
The research design process involves a series of decisions that
need to combine into a coherent research project…
sudi
Research Onion
after Saunders et al 2009
sudi
Causality : relation between an event (the cause) and
a second event (the effect)
Paradigms
Positivist
Facts
Objective
Quantitative
Laws &
regularities
Anti-positivist
Meanings
Interpretive
Qualitative
Understanding & description
sudi
Research Strategies
Experiment Action research
Grounded theory Survey
Ethnography Case study
Archival research
sudi
sudi
Figure 5.4 Research choices
Research Choices
Source: Queen’s University Belfast website
sudi
“Aims and Objectives
Aims are broad statements of desired outcomes or the general
intentions of the research, which 'paint the picture' of your
research proposal – they:
emphasize what is to be accomplished, not how it is to be
accomplished
address the long-term project outcomes, i.e. they should reflect
the aspirations and expectations of the research topic
Objectives are the steps you are going to take to answer your
research questions or a specific list of tasks needed to
accomplish the goals of the project - they:
emphasize how aims are to be accomplished
must be highly focused and feasible
address the more immediate project outcomes
make accurate use of concepts and be sensible and precisely
described
are usually numbered so that each objective reads as an
'individual' statement to convey your intention”
Applied Business Research & Analysis
Week 2 Seminar (w/c 5th October)
Week 2 seminar
The purpose of today’s session
Evaluating the scope and purpose of business / management
research
2. Developing your research idea
Evaluating the scope and purpose of business / management
research
Considering delimitations / boundaries will help you to scope
your research.
Defining the purpose (aim) of your research will help you to
prepare objectives, which will keep your research on track and
should support the achievement of the research aim.
objectives are the steps which lead
you to the main aim of the research
Where can you find examples of business and management
research?
This module requires a lot of background reading
You have access to many books and journals about business and
management research
Look at the module reading list
Use Solar and visit the library
You also have a free subscription to Financial Times
Research studies in academic journals may be longitudinal
and/or require extensive resources. However, they are relevant
and instructive.
So, read studies that relate to your area of research.
Research example from text – Research Methods For Business
Students - Saunders, Lewis & Thornhill (2012 p.27)
Seminar Activity
Read the short review ‘Ageing and Shopping’ (10 minutes)
Get into groups of 4 or 5, discuss the article and answer the
following questions (10-15 minutes)
Which business sector is being researched
What is the main aim of the research
Identify some of the objectives
Identify some delimitations/boundaries of the research
Nominate a spokesperson for your group, each group will
present their findings
2. Developing your research idea
Define the scope of your research by starting with a sector you
are interested in researching –
Public Sector – (government responsibility for the provision of
services)- NHS, Armed Forces, Police, State Schools,
Highways…(funded by tax payers)
Private Sector – business ‘for profit’ sector, large organisations,
SMEs, sole traders…..
Third Sector – non-governmental organisations, non-profit
making, voluntary sector, charities…
Seminar Activity
Use a piece of A4 paper (write your name at the top)
Discuss the sectors with your groups and decide which sector
you would like to research (write it under your name)
Discuss the following questions and write the answers on your
paper
Can you name a few specific businesses in this sector
What kind of problems are you aware of in this sector
Do you think there will be much available background
information
Where will you find background information
What kind of issues might you be interested in researching in
this sector
Seminar Activity
Now it’s time to get some help from your colleagues
Attach your paper to the wall
Everybody now walks around the pages and adds as much help
as possible to each sheet of paper
For example:
other problems associated with the stated sector, additional
organisations, snippets of background information, useful
books, papers, articles you may have read…………….
Final Activity
Review your notes and focus on a preferred research area
Go to the library or a study area and begin to search for
information on your research area
You can begin with general online searches, Google scholar,
and then use SOLAR databases and e-journals.
Stay focused on your research area and begin to build a range of
relevant information
Keep a record of your references, start building your reference
list today.
Dr Suzanne Kane
Maxwell 608a
[email protected]
Applied Business Research & Analysis (Seminar Week 1)
Dr Christos Papanagnou
BSc, BEng, MSc, PhD, MIEEE
Lecturer in Logistics & Supply Chain Management
Room 611, Maxwell Building, Salford Business School,
University of Salford, The Crescent, Salford, Manchester, M5
4WT, UK
t: +44 (0)161 295 5091 | e: [email protected]
Web: http://www.salford.ac.uk/business-school/business-
academics/christos-papanagnou
One of the main aims of Week 1 Seminar is to introduce you to
the research process.
This is the process by which research is carried out.
The steps in the process of undertaking research are generally
the same in every research project.
However, the approaches taken to each
step in the process vary a great deal
from research project to research project.
Seminar Week 1
Model of the Research Process
Seminar Week 1
Business research is the application of social science research
methods in the process of examining business phenomenon
The term ‘research’ connotes patient study and scientific
investigation. The researcher carefully examines data to
discover all that is known on the topic
Business research is an essential tool for management in
virtually all problem-solving and decision-making activities
Business Research Defined
Seminar Week 1
Applied and Basic Business Research
Applied business research is conducted to address a
specific business decision for a specific firm or organization.
Basic business research (sometimes referred to as pure
research) is conducted without a specific decision in mind, and
it usually does not address the needs of a specific organization.
It attempts to expand the limits of knowledge in general, and as
such it is not aimed at solving a particular pragmatic problem.
Seminar Week 1
Business Research in the Twenty-First Century
Business research, like all business activity, continues to
change.
Changes in communication technologies and the trend
toward an ever more global marketplace have played a large
role in many of these changes.
Virtually everyone is “connected” today
Changes in computer technology and IT have made for
easier data collection and data analysis.
Global Business Research
Like all business activities, business research has become
increasingly global as more and more firms operate with few, if
any, geographic boundaries.
Some companies have extensive international research
operations.
Companies that conduct business in foreign countries must
understand the nature of those particular markets and judge
whether they require customized business strategies.
Seminar Week 1
Task 1
Using reports to generate research topic ideas
A report by the British Library’s Business & IP Centre (2009)
has recommended that newly established small firms should be
given some form of tax exemption for their first year or two of
business1. It also suggested that a fast-track scheme should be
created to help firms to patent ideas, and that broadband speeds
must rise2.
Former BBC television programme Dragon’s Den panel member
Doug Richard, who was one of the business experts questioned
in compiling the report, said tax relief was the best way to
provide incentives to aspiring entrepreneurs. He said ‘it takes a
good 18 months of solid work before a new business starts to
really establish itself. If the government is serious about
encouraging enterprise in the UK, then they need to avoid
gimmicks like the VAT cut, and offer start-ups a genuine
exemption from tax until they get their businesses up and
running.’
Other suggestions put forward by the British Library’s report
include an increase in maternity leave subsidies, the creation of
a subsidised national internship scheme, and a plan to make it
more straightforward for small firms to apply for government
contracts
1British Library (2009) Enterprising voices: supporting the
drive for recovery. London: The British Library Business & IP
Centre
2BBC News (2009) New small firms need tax break. November
15. Available at:
http://news.bbc.co.uk/1/hi/business/8358688.stm.
Seminar Week 1
Task 1
Questions
What did the report and authors state?
What alternative conceptual models, explanations, or
hypotheses did this report consider?
What information or methods did the authors use to approach
the issue/problem?
Do you accept authors’ statements and/or conclusions? If not,
are there other methods that could allow you to support their
statement?
Do the author’s research suggest new ways to interpret a
different problem?
Are there other problems that could be studied using the same
approach?
Seminar Week 1
Task 2
Developing research objectives from an overall research aim
Attitudes towards investment choice and risk within the
personal accounts scheme
Background
The UK Government Pensions Act 2008 sets out the
government’s reforms introducing, from 2012, a duty on
employers to automatically enrol all their eligible employees
into a qualifying workplace pension scheme. Employers will
also have to provide a minimum contribution towards the
pension saving for those employees who participate.
Employees will be able to opt out if they do not wish to
participate. The Pensions Act also sets out plans for the
establishment of the personal accounts scheme, which will be a
trust-based, occupational pension scheme for employers that do
not have, or wish to use, a qualifying scheme of their own. The
pension scheme will be run at arm’s length from the government
by a body corporate acting as an independent not-for-profit
trustee. The aim of these reforms is to overcome the decision-
making inertia that currently characterises individuals’ attitudes
to pension saving, and to make it easier for individuals to save
for their retirement.
The personal accounts scheme will be required to offer a default
fund into which the contributions of members who do not make
an active investment choice will be automatically invested. It
may also offer a limited choice of investment funds for those
who do want to make an active choice.
This study contains the findings from qualitative research
undertaken by the Personal Finance Research Centre (PFRC)
and ECOTEC Research and Consulting Limited on behalf of the
Department for Work and Pensions (DWP). The research was
conducted with individuals who would be eligible for automatic
enrolment.
Seminar Week 1
Here is a good example of how an official research report
prepared by the UK government expresses an overall research
aim, then expands this to three specific areas
10
Task 2
Aims and objectives
The overall aim of this research was to explore attitudes to
investment choice and risk within the personal accounts scheme
among those who fall into the eligible group for automatic
enrolment. The research considered three main areas:
Individuals’ understanding of, and appetite for, financial risk,
both generally and in relation to saving for retirement
Reactions to, and preferences for, potential investment fund
choices within the personal accounts scheme, and reasons for
these reactions and preferences;
The likelihood of individuals making an active choice of
investment funds, the factors they would consider, and what
would enable or hinder active choice.
Seminar Week 1
Here is a good example of how an official research report
prepared by the UK government expresses an overall research
aim, then expands this to three specific areas
11
Task 2
Phrasing research questions as research objectives
Research questionResearch objectiveWhy have organisations
introduced employee communication schemes?To identify
organisations’ objectives for employee communication
schemesHow can the effectiveness of employee communication
schemes be measured?To establish suitable effectiveness
criteria for employee communication schemesHas employee
communication been effective?To describe the extent to which
the effectiveness criteria for employee communication have
been met in published studiesHow can the effectiveness of
employee communication be explained?4a. To determine the
factors associated with the effectiveness criteria for employee
communication schemes being met4b. To estimate whether
some of those factors are more influential than other factorsCan
the explanation be generalised?To develop an explanatory
theory that associates certain factors with the effectiveness of
employee communication schemes
Seminar Week 1
Here is a good example of how an official research report
prepared by the UK government expresses an overall research
aim, then expands this to three specific areas
12
Dr Christos Papanagnou
1
Applied Business Research & Analysis
(Business Research)
Assignment brief: Assignment 2: Final assessment
component - Written Assignment/Essay
Semester 1 & 2, 2015-2016
mark.
– 4,000 words in total (do
not exceed word
limit, a penalty will apply for assignments that exceed it).
Submission:
Electronically through Turnitin by 4pm, 09/12/2015
Relates to Learning Outcomes:
e research
process.
published business
research.
methods to
meet business research objectives.
ch proposal to meet information
needs in relation
to solving a business problem.
Assessment Housekeeping:
You are required to follow the University’s regulations
regarding plagiarism and citing
sources and references used. Assignments may not be submitted
late. Marking penalties
for late submission will follow the University regulations for
PMC and late submission.
Submission of Assessment:
Please submit an electronic copy of your assessment via
Turnitin on Blackboard,
submissions of further digital materials, such as apps,
webpages, etc, must be agreed with
your adviser. The electronic copy may be in either Word or
PDF, and you should ensure
that the file name includes your surname.
Marking Scheme
Criteria Marks
Abstract and Introduction 20
Literature review and References 30
Research methodology 25
Discussion and results presentation 15
Conclusions 10
Dr Christos Papanagnou
2
Applied Business Research & Analysis
(Business Research)
Assignment Brief – Final assessment component - Written
Assignment/Essay
Form and Content of the Assignment
Final assessment components must be presented in a standard
physical form. Your
assignment must be printed on A4 paper, and spiral bound. For
purposes of
assessment, we require two hard copies and one electronic copy
of the report. If you
wish your project to be kept from public view you must include
on the title page the
word 'Embargoed:' and a date when this can be lifted. Project
reports without an
embargo may be placed on the shelves in the University Library
and e-copies may be
created.
The paper used must be A4, except that larger sheets may be
used for large
illustrations, provided these are supplied folded down flat and
neat with A4
dimensions. Typing of 1.5 line spacing is required, with a
margin of at least 1.5
inches on the left hand side, and at least half an inch on each of
the other three sides.
You are required to number the sections of your work and use
page numbering.
Due to the varied nature of individual projects, each one will
require different written
sections. However, the general style of layout should be similar
to that in academic
works and journals. That is, there should be an introduction, the
main body of the
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A coin is tossed 6 times, what is the probability of getting at le.docx

  • 1. A coin is tossed 6 times, what is the probability of getting at least 2 tails? Applied Business Research & Analysis Structure for final essay – summarises the main points of the research essay (150-200 words) – descriptive introduction of your essay (set the scene for the reader including the rationale and purpose of this study. State (or re-state) the aim and objectives of the topic you chose. MAIN BODY OF THE REPORT: ew - critical review of books, academic papers, practitioner articles, and other reporting materials for your area of study. You should compare and contrast the literature (compare –
  • 2. look for similarities, contrast – look for differences), and then provide a synthesis of the literature (a synthesis brings together a combination of concepts/ideas). – present any results, evaluations, and findings – consider the essay overall and highlight the main factors (link to literature and findings where possible) – summarise all that you have written about and highlight the main points and central argument/s for the reader. - Use the Harvard referencing system for all citations and references. 1. Introduction (should be 30s) Hello everyone. I’m Yadi Yu. I am from China. I am lucky enough to have opportunity to study in UK. At the moment, I am studying Business and Management at Salford University. Today, I would like talk about a process of researching an applied business problem. 2. Area of interest, research topic and research method (should
  • 3. be 70-90s) When I was a child, my parents always tried to teach me how to get on with everyone. Due to all of what my parents have educated me, if I have any opportunities to do a business research, I will choose a business ethics as a first choice. Therefore, I am so interesting in doing a research about business ethics which is “Potential consequences of unethical behavior in Nestle”. In this assessment, qualitative method and previous investigations together with other journal articles, other case studies are used to support my business related research. Basically, pe people should understand clearly about the definition of qualitative method. According to Cresswell (1994), a qualitative study is defined as an inquiry process of understanding a social or human problem, based on building a complex, formed with words, reporting detailed views of informants, and conducted in a natural setting. Because of employing the secondary data, I want to pay attention to advantages and disadvantages of this method. Now with the availability of online access, secondary research is more openly accessed. Furthermore, the use of secondary research may help the researcher to clarify the research question. In contrast, the researchers need to critically evaluate the validity and reliability of the information provided. In some cases, the scientist may not get the full version of the research to gain the full value of the study. In conclusion, it is important for the investigators to identify, reduce, and manage the disadvantages of using the secondary research. 3. Link between topic and area of interest and description of company (should be 45-60s) In my opinion, every coin has two sides. In business area, the companies might need to guarantee both benefits and ethical issues together. Thus, I would like mention about the business ethics scenario. One the most famous beverage manufacturer being bad reputation is Nestle. Firstly, let me introduce some
  • 4. facts about this giant company. Nestle is a Swiss transnational food and beverage company headquartered in Switzerland. It is the largest food company in the world measured by revenues. Nestle has 447 factories, operates in 194 countries, and employs around 339.000 people. 4. Rationale for choosing topic (should be 45-60s) Nestle is one of the most biggest and famous manufacturer. However, there was an undeniable scandal making the boycott coming from consumers around the world. A boycott was launched in the United States in 1977. It spread in the United States, and expanded into Europe in the early 1980s. After this scandal, Nestle continued to use the child labor to reduce the payment for laborers. A new report by the Fair Labor Association (FLA) indicated that 56 workers under the age of 18. “Does any boycott campaigns against to Nestle” is the question which many people pay attention to. 5. Objective of research (should be 45-60s) Based on this research, I suppose that there are quite lots of negative impacts of unethical behaviors in business happening to Nestle. The first negative impact can be to decrease sales of goods, as customers may boycott goods produced by a company known for unethical behavior. The second one is a drop in stock price. Investors will be unwilling to buy products being supplied by dishonest company. And the last one should be to make workers tend to feel uncomfortable while working for unethical company. I believe that the unethical behavior will strongly affect Nestle. All of these will lead to lower productivity, promote conflict, and subsequently destroy the company. 6. Conclusion (should be 30s) Finally, I would like to remind you some of ideas that we might consider. In my presentation, I have explained the process to conduct a business research as “Potential consequences of unethical behavior in Nestle”. Qualitative research method and secondary data will be used to support to complete my research. This is the end of my talk. Thank you for watching my video
  • 5. and listening to my presentation. If you have any queries, please contact to my email. P a g e | 1 Applied Business Research & Analysis Assignment Brief Module Title: Applied Business Research and Analysis Level 6 Module Leader: Christos Papanagnou Assessment Type: Oral Presentation (Video) Assessment Title: Presentation of an applied business research problem or opportunity Weighting: 20% Date of Issue: 09/10/2015 Submission Date: 11/11/2015 (Before 16:00) A copy of your assignment must be submitted to a specified platform. More details will be advised at an appropriate time. Assignments must be submitted
  • 6. by the due date. The only circumstance in which assignments can be submitted late is due to personal mitigating circumstances. These can be accessed via your Programme Handbook and the Student Channel. Video specification: Please refer to the following Table about video specification. Formats Depending on which platform you have to upload your video this typically can be mpg, mpeg, mov, avi, or mp4 file. Compression & Settings Instructions will be disseminated to students Length The total length of your video should be at least four minutes and thirty seconds but should not exceed five minutes. Penalties will apply if you don’t reach or exceed this time length range. To get the best footage and to avoid excessive video sizes, it is highly recommended to produce a video with 360p (p stands for pixels quality in terms of vertical resolution). Recording You must provide a five-minute recording consisting of at least ninety seconds of your appearance. In other words, you must be shown in the video for at least ninety seconds.
  • 7. Make sure that sound quality is good enough and the assessor can understand what you say or what is said. Language English Support Many of you have smart phones or iPad/tablets, which provide a simple way of making a short video. You may wish to partner with another student so that you can video each other’s presentations and provide friendly support. If you do not have access to any technology, which allows the recording of a short video, you will have the chance to produce your videos with the aid of Media Production Technicians at School of Arts and Media. Please ask your module leader for further support. P a g e | 2 Applied Business Research & Analysis The Task: You are required to produce a video of no more than 5 minutes that demonstrates an applied business research problem or opportunity.
  • 8. Make sure that your video includes the following elements: 1) A very brief introduction about yourself (name, field of study, some background information) ≈ 30 seconds 2) Area of interest and choice of research topic and what research methods (based on secondary data and published business research) have been adopted ≈ 60 seconds 3) Explain how this topic is linked with aforementioned interests including a brief description of the organisation you chose ≈ 60 seconds 4) Set formally why this is an interesting topic and argue why you have chosen this topic by providing a strong rationale and justification ≈ 60 seconds 5) Discuss briefly the aims and SMART (Specific, Measurable, Assignable, Realistic, Time-related) objectives ≈ 60 seconds 6) Conclusions ≈ 30 seconds Assessment criteria:
  • 9. problem/opportunity/application or challenge including rationale (20%) timing, effective use of eyes/face/gestures/body language) (20%) Learning Outcomes: ature of business research and the research process. published business research. P a g e | 3 Applied Business Research & Analysis MARKING CRITERIA for Applied Business Research and Analysis - Assessment 1 (Presentation)
  • 11. video, which is not well prepared and does not represent the project work. Non-specific, some minor details, which are particular to the business research. Not well- designed. Basic introductory information about the business research problem or opportunity. Basic design. Limited evidence of a creative approach to representing the problem/oppo rtunity in a
  • 12. video format. Some minor elements highlighted. Rather general, lacks the required level of information and illustrations. Some effort to be creative. Evidence of consideration of the project in video form, but lacks sufficient focus. Reasonable attempt at creative video creation. Good, clear information presented in video Some creative flair. Very good well-detailed video, which
  • 13. provides focused speech and elements Well- structured, clearly designed video. Good level of focused information and apparent business skills. Professionally presented context specific well designed content. Creative and innovative approach. Video Presentation No obvious effort. No attempt to structure the presentation to incorporate
  • 14. the video. Did not answer questions. Non-specific. No effort to produce a video Gave general answers to questions. Presented a description of the problem or opportunity. Some links to the video and general answers to the questions. Some evidence of appropriate but basic video. Gave general answers to
  • 15. questions. Limited, but appropriate links made to the video content. Not a creative design. Some specific answers to questions. Well considered video presentation, which related the main points of the elements Clear answers to specific questions. Well- designed video presentation Detailed answers given to questions.
  • 16. Good level of commitment to the business problem/opp ortunity Very well- structured presentation Interesting points. Makes very good use of context specific information on the video. Very good commitment is evident. Very well- structured and interesting video presentation,. All questions/ele ments
  • 17. covered excellent use of context specific project information. Professionally designed presentation. Extensive use of project specific information. Detailed answers given to project questions. Answers were appropriately detailed and concise. High level of commitment is evident. P a g e | 4 Applied Business Research & Analysis SALFORD BUSINESS SCHOOL:
  • 18. Grading Criteria (LEVEL 6) LEVEL OF PERFORMANCE Level of knowledge Extent of understanding Extent and depth of reading Structure and written style Outstanding A mastery of a complex body of knowledge which is extends far beyond material covered in the module. An ability to critique knowledge and an ability to apply knowledge in an innovative and creative manner Makes extensive use of the literature to support and justify views expressed, with particular focus on emerging theory and its applications Excellent structure, entirely relevant content which is very interesting to read and
  • 19. easy to understand. Excellent An excellent understanding of a complex body of knowledge which extends beyond material covered in the module. An ability to analyse, synthesise and evaluate knowledge and to apply theory in a practical context Makes excellent use of the literature to support and justify views expressed. Good use made of journal articles where appropriate. A well-structured argument which is clearly justified and relevant to the particular circumstances of the situation under consideration. Very good A very good understanding of a complex body of knowledge which
  • 20. includes some aspects which have not been covered in the module. An ability to analyse and synthesise knowledge from a wide range of appropriate sources Makes very good use of the literature to support and justify views expressed in the assignment. Develops an argument which is clearly justified, justifiable and relevant to the particular circumstances of the situation or task in hand. Good A good understanding of relevant material presented in the module An ability to compare and contrast information and to apply knowledge to specific scenarios in an appropriate manner Makes effective use of the
  • 21. literature from appropriate sources to support views expressed Develops an argument which is clearly justified and relevant to the task in hand. Fair A reasonable understanding of material presented in the module. Some attempt to analyse and evaluate. Makes an attempt to apply knowledge to practice Evidence of reading from a range of appropriate sources May find it difficult to develop a well- structured argument which is sufficiently focused on the task in hand Satisfactory An understanding of key themes/principles outlined in the module. Descriptive. Little evidence of analysis and
  • 22. evaluation. Limited ability to apply knowledge to practice. Evidence of some reading from appropriate sources May be rather general in scope. Lacks the ability to develop a logical argument focused on the assignment task. Unsatisfactory Only a partial understanding of basic knowledge presented during the module. Work addresses only some of the obvious features of the task. Little evidence of appropriate reading. Limited evidence of planning. Lacks focus on the assignment task. Poor Displays inadequate and inaccurate knowledge of basic aspects of the module.
  • 23. Work fails to address the assignment task. Some important gaps in understanding evident. Limited effort evident to develop personal knowledge and understanding Little evidence of effort to understand and complete the assignment task. Very poor Virtually no relevant knowledge displayed Major gaps in understanding evident No effort to develop personal knowledge and understanding No apparent structure or understanding of the assignment task. Extremely poor Virtually nothing of relevance to the question Major errors in understanding evident,
  • 24. No effort made to learn Meaningless No attempt Salford Business School Applied Business Research and Analysis Quantitative Research Data Analysis and Presentation Lecture Professor David F. Percy Contents 1. Summaries 2. Probability 3. Inference 4. Modelling 5. Forecasting Bibliography
  • 25. 1. Rees D.G. (2000) Essential Statistics, Chapman & Hall 2. Weiss N.A. (2012) Introductory Statistics, Addison-Wesley 3. Freund J.E. & Perles B.M. (2006) Modern Elementary Statistics, Prentice Hall Syllabus 1. Summaries 65 55 45 35 C o s t Sample size � � 24 Measures of location mode (most likely value): £51.00
  • 26. median (middle ordered value): £51.00 mean (average value): £50.50 1. Summaries Gas heating costs (£) per unit area in 24 UK factories 51 52 50 47 55 57 43 59 52 51 40 48 53 47 54 63 51 45 55 53 48 56 36 46 Measures of spread range (difference between maximum and minimum): £27.00 interquartile range (difference between upper and lower quartiles): £7.75 standard deviation (root mean square distance about mean): £6.03 1. Summaries Summary Statistics Consider the current ratios (assets÷liabilities) of 8 market traders: 1.43, 1.02, 2.07, 2.35, 0.81, 1.73, 2.99, 1.26
  • 27. Sample median: median � �. ���.��� � 1.58 Sample mean: �̅ � �� ∑ �� � ��� � �. ��⋯��.��� � 1.71 Sample range: maximum � minimum � 2.99 � 0.81 � 2.18 Sample standard deviation: s � ��#� ∑ �� � �̅ � � ��� � �. �#�.�� $�⋯� �.��#�.�� $ � � 0.73 1. Summaries Accuracy of Data • Express different observations of a measurement, such as monthly sales figures, to the same degree of precision.
  • 28. • Most observations are rounded up or down in the last decimal place: heights of 1.341 metres and 1.417 metres become 1.34m and 1.42m respectively. • Retain as much accuracy as possible in intermediate calculations: do not round the sample mean when calculating a sample standard deviation. • Avoid displaying results of calculations to more accuracy than is needed: present a sample mean as 5.2 rather than 5.166666667. • Enter data carefully into computer spread sheets and perform simple numerical and graphical checks that the data are reasonable. • Use a special symbol for missing data such as * rather than a space, zero or minus number to ensure that these are excluded from your analysis. • Avoid guessing missing data values without proper justification. 1. Summaries Event % collection of outcomes Probability & % chance that % occurs
  • 29. Complement %′ & % ( & %′ � 1 impossible evens certain 0 ½ 1 2. Probability Union % ∪ * % or * or both Intersection % ∩ * % and * Conditioning *|% * given % % * 2. Probability If % = “motorist makes insurance claim this year” * = “motorist makes insurance claim next year” & % � & * � -. and & *|% � -$ then & %′ � 1 � & % � � & % ∩ * � & % / & * % � �� & % ∪ * � & % ( & * � & % ∩ * � �� 2. Probability
  • 30. θ 2. Probability 2. Probability 95% probability interval 479,521 has limits 3 4 1.966 2. Probability 2. Probability 3. Inference 7~9 3,6� �̅ � 1� : �� � ��� ;� � 1� � 1 : �� � �̅ � �
  • 31. ��� 95% confidence interval for 3 has limits �̅ 4 < / ;� 0.1000 0.0500 0.0250 0.0100 0.0050 0.0025 0.0010 0.0005 1 3.078 6.314 12.71 31.82 63.66 127.3 318.3 636.6 2 1.886 2.920 4.303 6.965 9.925 14.09 22.33 31.60 3 1.638 2.353 3.182 4.541 5.841 7.453 10.21 12.92 4 1.533 2.132 2.776 3.747 4.604 5.598 7.173 8.610 5 1.476 2.015 2.571 3.365 4.032 4.773 5.893 6.869 6 1.440 1.943 2.447 3.143 3.707 4.317 5.208 5.959 7 1.415 1.895 2.365 2.998 3.499 4.029 4.785 5.408 8 1.397 1.860 2.306 2.896 3.355 3.833 4.501 5.041 9 1.383 1.833 2.262 2.821 3.250 3.690 4.297 4.781 10 1.372 1.812 2.228 2.764 3.169 3.581 4.144 4.587 11 1.363 1.796 2.201 2.718 3.106 3.497 4.025 4.437 12 1.356 1.782 2.179 2.681 3.055 3.428 3.930 4.318 13 1.350 1.771 2.160 2.650 3.012 3.372 3.852 4.221
  • 32. 14 1.345 1.761 2.145 2.624 2.977 3.326 3.787 4.140 15 1.341 1.753 2.131 2.602 2.947 3.286 3.733 4.073 16 1.337 1.746 2.120 2.583 2.921 3.252 3.686 4.015 17 1.333 1.740 2.110 2.567 2.898 3.222 3.646 3.965 18 1.330 1.734 2.101 2.552 2.878 3.197 3.610 3.922 19 1.328 1.729 2.093 2.539 2.861 3.174 3.579 3.883 20 1.325 1.725 2.086 2.528 2.845 3.153 3.552 3.850 21 1.323 1.721 2.080 2.518 2.831 3.135 3.527 3.819 22 1.321 1.717 2.074 2.508 2.819 3.119 3.505 3.792 23 1.319 1.714 2.069 2.500 2.807 3.104 3.485 3.768 24 1.318 1.711 2.064 2.492 2.797 3.091 3.467 3.745 25 1.316 1.708 2.060 2.485 2.787 3.078 3.450 3.725 26 1.315 1.706 2.056 2.479 2.779 3.067 3.435 3.707 27 1.314 1.703 2.052 2.473 2.771 3.057 3.421 3.690 28 1.313 1.701 2.048 2.467 2.763 3.047 3.408 3.674 29 1.311 1.699 2.045 2.462 2.756 3.038 3.396 3.659 30 1.310 1.697 2.042 2.457 2.750 3.030 3.385 3.646 40 1.303 1.684 2.021 2.423 2.704 2.971 3.307 3.551
  • 33. 60 1.296 1.671 2.000 2.390 2.660 2.915 3.232 3.460 120 1.289 1.658 1.980 2.358 2.617 2.860 3.160 3.373 ∞∞∞∞ 1.282 1.645 1.960 2.326 2.576 2.807 3.090 3.291 4 3 2 1 0 1 2 3 4 0.1 0.2 0.3 − critical value <=.=�> � � 1 3. Inference 3. Inference 7~? @ @A � 1� :�� � ��� 95% confidence interval for @ has limits
  • 34. @A 4 1.96 / @ A 1 � @A � 3. Inference 0.13 0.13 3. Inference null hypothesis for: mean B= ∶ 3 � 8.3 proportion B= ∶ @ � 0.1 two-sided alternative hypothesis for: mean B� ∶ 3 E 8.3 proportion B� ∶ @ E 0.1 one-sided alternative hypothesis for: mean B� ∶ 3 F 8.3 B� ∶ 3 G 8.3 proportion B� ∶ @ F 0.1 B� ∶ @ G 0.1 3. Inference
  • 35. calculate test statistic and compare with critical value reject B= or do not reject B= at 5% level of significance p<0.05 (reject) or p>0.05 (do not reject) 3. Inference 3. Inference 4. Modelling 4. Modelling 4. Modelling 4. Modelling Chi-square Test for Association Test for association between two factors with B=:"no association" and B�:"association".
  • 36. For a table with r rows and c columns, compare the test statistic N� � : obs � exp � expQRR STRRU with the upper critical value from the N� distribution with V � 1 W � 1 degrees of freedom. 4. Modelling 4. Modelling 4. Modelling 4. Modelling 0.995 0.990 0.975 0.950 0.900 0.100 0.050 0.025 0.010 0.005 1 0.000 0.000 0.001 0.004 0.016 2.706 3.841 5.024 6.635 7.879 2 0.010 0.020 0.051 0.103 0.211 4.605 5.991 7.378 9.210 10.60 3 0.072 0.115 0.216 0.352 0.584 6.251 7.815 9.348 11.34 12.84 4 0.207 0.297 0.484 0.711 1.064 7.779 9.488 11.14 13.28 14.86 5 0.412 0.554 0.831 1.145 1.610 9.236 11.07 12.83 15.09 16.75
  • 37. 6 0.676 0.872 1.237 1.635 2.204 10.64 12.59 14.45 16.81 18.55 7 0.989 1.239 1.690 2.167 2.833 12.02 14.07 16.01 18.48 20.28 8 1.344 1.646 2.180 2.733 3.490 13.36 15.51 17.53 20.09 21.95 9 1.735 2.088 2.700 3.325 4.168 14.68 16.92 19.02 21.67 23.59 10 2.156 2.558 3.247 3.940 4.865 15.99 18.31 20.48 23.21 25.19 0 5 10 15 20 25 30 5. Forecasting Business applications often involve data that are collected sequentially over time (time series) with the aim of predicting (forecasting) future values. Trend and Seasonality If a time series 7X is not stationary, we remove trend and seasonality by transforming the original data. Trend is removed by taking lag- one differences, also called integrating, to generate a new time series YX where YX � 7X � 7X#� and seasonality is removed by taking seasonal differences to
  • 38. generate a new time series YX where YX � 7X � 7X#Z and ; typically takes the values 24 (hours per day), 7 (days per week), 12 (months per year) and 365 (days per year), though other values can arise. 5. Forecasting Autoregressive AR(1) Model For a stationary time series 7X , an autoregressive model of order 1 is defined by 7X � [7X#� ( X where % X � 0, var X � 6� and cov X-,X$ � 0 for <� E <�, for weight [ that is estimated from data. 10 20 30 40 50 60 70 80 90 100 4 2 2 4 4
  • 39. 4− xt 1001 t 5. Forecasting Moving Average MA(1) Model For a stationary time series 7X , a moving average model of order 1 is defined by 7X � _X#� ( X where % X � 0, var X � 6� and cov X-,X$ � 0 for <� E <�, for weight _ that is estimated from data. 10 20 30 40 50 60 70 80 90 100 4 2 2 4 4 4− xt
  • 40. 1001 t 5. Forecasting The Forecast The one-step-ahead forecast for theAR(1) model is: 7AX��|X � [�X The one-step-ahead forecast for the MA(1) model is: 7AX��|X � 0 5. Forecasting 10 20 30 40 50 60 70 80 90 100 4 2 2 4 4 4− xt 1001 t 10 20 30 40 50 60 70 80 90 100
  • 41. 4 2 2 4 4 4− xt 1001 t Research strategies: Qualitative Research * Research Design The research onion
  • 42. Saunders et al, (2009) Figure 5.1 The research ‘onion’ Qualitative research Qualitative research concentrates on words and observations to express reality and attempts to describe people or social world within their natural settings. Schools of ThoughtQuantitative Research Meaningfully expressed by numbers Provides counts and measuresQualitative Research Meanings, concepts, and definitions Quality assessed through words, images, and description © 2013 Pearson Education, Inc. All rights reserved.
  • 43. The difference in emphasis in qualitative versus quantitative methods Source: Based on Reichardt and Cook (1979) Qualitative vs Quantitative: a general overview Selecting research strategy-Things to consider: The type of research question posed; The extent of control an investigator has over actual behavioural events; and The degree of focus on contemporary as opposed to historical events. Choice of Research Strategy Source: Yin (2003, p. 5)StrategyForm of Research QuestionRequires control of Behavioural Events?Focus on Contemporary EventsExperimentHow, Why?YesYesSurveyWho, What, Where, How many, How much?NoYesArchival analysisWho, What, Where, How many, How much?NoYes/NoCase studyHow, WhyNoYes
  • 44. Observation An accurate observation of what people really do in real-life situations Ex: (Henry Mintzberg, 1973)– observations of how management spent their time Good method in area of business Do people act differently if they know they are being observed? Two types: overt & covert Ways of recording: Diary method or checklist * Advantages: Reality - covers events in real timeContextual - covers context of event
  • 45. Disadvantages: Time-consumingSelectivity - unless broad coverageReflexivity - event may proceed differently because it is being observedCost - hours needed by human observer Observation Interviews Format: individual; group; telephone; structured or unstructured. Questions: carefully planned and structured or semi-structured Always pilot questions; permission; ethics; recording of information Keep an accurate record of stages involved Advantages: face-to-face; no misunderstandings; i.e. re-word the question Disadvantages: Time consuming; small sample; bias; reliability and validity; * Forms of interview
  • 46. Focus groups Advantages: Allows a variety of opinions Dynamic group can help to generate a number of key themes Relatively low cost Rich data Disadvantages: Unstructured Dominant participants Difficult to develop rapport Focus may be lost in the discussion Interviews Discussion point: What kind of situations best favour interviews? What are the key data quality issues and problems associated with using interviews? How might these be overcome?
  • 47. Type of Questions Open questions- allows interviewee to provide extensive answer - Include: what, how, why questions Probing questions- To explore responses further and to focus on direction: - e.g. That’s interesting”… “Tell me more about” Closed questions - To obtain specific information, - What, How many, How much, Yes/ No Some Interview QuestionsRelated to the service quality do you think the performance of your store is typical comparing with the performance of the Retail Sector generally ?In your view, what are the most important factors affecting the service quality in your store ? And why? How do you satisfy your customers’ needs and expectations? In what ways do you consider the present system of communication appropriate for your organisation? Why/ why not?Do you have any partnerships with other clients or organisations? If not, why not?How many people responded to the customer survey?
  • 48. Case studies Defined as : “An enquiry which uses multiple sources of evidence. It investigates a contemporary phenomenon within its real life context when the boundaries between phenomenon and context are not clearly evident” (Johnson, 1994) Usually interviews and observation * * Case Study Single case is appropriate where: it represents the critical case in testing a well-formulated theory, or the case is extreme or unique, or the case is revelatory (the phenomenon was previously inaccessible to investigation) Multiple case (max 4 ) should be selected so that it: predicts similar results (a literal replication), or produces contrasting results but for predictable reasons (a theoretical replication) Revelatory- the case is revealing something * Holistic vs. embedded
  • 49. case studies Relevant to both single and multiple case studies Holistic: a global approach with only one unit of analysis (e.g. an organisation Embedded or nested: more than one unit of analysis within a case (e.g. the organisation as well as its employees, services, clients, programmes, etc.) Selection of Cases Every case should serve a specific purpose within the overall scope of inquiry Yin (2003)suggests that multiple cases should be considered as one would consider multiple experiments, following a "replication" logic Case Study DatabaseA way of organising and documenting the data collected in a case studyIncreases the reliability of the case studyCould include, for example: Typed records of the interviews Audio tapes of the interviews Documents retrieved from the cases Background information to the case study organisations
  • 50. Summary Observations Interviews- various- structured, semi-structured One-one interviews Group interviews- Focus groups Case Studies Single Multiple * analysing qualitative data A plan for data collection What do I need to know? Why do I need to know this? What kind of data will answer the questions? Where can I find the data?
  • 51. Whom do I contact for access? What time line is there for acquiring the data? Is qualitative data analysis a science , an art or a craft? The focus is on text… “Qualitative analysis transforms data into findings. No formula exists for that transformation. Guidance, yes. But no recipe. Direction can and will be offered, but final destination remains unique for each inquirer, known only when- and if- arrived at”… (Patton 2002:432) Interpretation is a complex and dynamic craft. It requires abundance of patient plodding and …discipline.. (After Miller and Crabtree 1999)
  • 52. Main Elements of Analysis of Qualitative Data (after Morse, 1994) Comprehending full understanding of the setting, culture & study topic before research begins Synthesising drawing together of different themes from the research and forming them into new integrated patterns Theorising constant development and manipulation of malleable theoretical schemes until the ‘best’ theoretical scheme is developed Re-contextualising process of generalisation so that the emerging theory can be applied to other settings and populations Qualitative data analysis More simply Qualitative analysis involves disaggregating the qualitative data which you collect, as you collect them, into meaningful and related parts or categories. This means: Systematically rearranging and rigorously analysing these
  • 53. data…. It is about: Transforming the nature of the data in order to… comprehend and manage them; and so Merging related data drawn from different transcripts and notes; Adapted from Saunders et al most editions Qualitative data analysis Identifying key themes or patterns from them for further elaboration; Developing &/or testing hypotheses based on these apparent patterns or relationships; Drawing & verifying conclusions Adapted from Saunders et al most editions The process involves: categorisation
  • 54. unitising data recognising relationships & developing categories to facilitate this developing and testing hypotheses to reach conclusions Qualitative Data Analysis Main challenges in qualitative data analysis are to reduce the data structure the data detextualise the data Techniques for managing data- a variety of terms Coding: the process by which items or groups of data are assigned codes Annotating: the process by which written material is altered by the addition of notes or comments Labelling: where there is an analytical scheme being developed - significant passages, statements, words, etc., eg in interview transcripts, are labelled to further direct analyses Selection: key process in management of data through which interesting significant, unusual or representative items are selected to make arguments Summary: process where a synopsis or précis of whole data set is presented ( Baxter et al, 1996)
  • 55. Techniques for managing data- a variety of terms Describing - context of action, intentions of social actors & processes in which social action is embedded Classifying - give meaning by assigning bits of data to codes & themes Connecting - categorized or coded data analysed in terms of patterns & connections that emerge (Dey 1993) Description - what is going on, Analysis - expand & extend descriptive account - search for themes & patterns from the data Interpretation - offer own account of what is going on - understanding & explanation is sought (Wolcott 1994) Strategies for Qualitative Analysis Using a theoretical or descriptive framework when using existing theory to formulate research question, should also use theoretical prepositions as means to devise a framework to help organize and direct data analysis identify main variables, themes, components and issues in research project and possible relationships between them Exploring without a pre-determined theoretical or descriptive
  • 56. framework grounded theory approach (Hussey & Hussey, 1997) Grounded Theory Philosophical approach grounded theory analyst believes social organization of the world is integrated - aim is to discover these processes of socialisation - unlike deductive approach no need for preconceived theorising Role of data in developing theory to understand processes of socialisation researcher, through process analysis looks for explanations/indicators which when synthesised can explain most of the variation in the data researcher reveals and communicates the conceptual issues which are of importance to the area of study, and which are buried in the mass of data (Connell & Lowe, 1996, Grounded Theory…) Content Analysis A way of systematically converting text to numerical variables for quantitative data analysis. Process best based on analysis & theoretical understanding of the substance of text. Two stages: Sampling & construction of a coding frame Examine text for specific words or phrases eg interview transcripts, minutes of meetings
  • 57. Examine text for themes/issues, Examine documents, eg newspapers, company reports - for specific items, eg articles dealing with redundancies, work place discrimination Measure the time allocated to specific issues, eg time allocated in meetings, news broadcasts Word/phrase Theme Item Time Coding unit Example Adapted from Hussey & Hussey, 1997 Some sources for Qualitative research Hussey, J. & Hussey, R. (1997 and other editions) Business research: A practical guide for undergraduate and postgraduate students, Basingstoke Saunders, M., Lewis, P., & Thornhill, A. (1997 and other editions), Research methods for business students, London,
  • 58. Pitman Dey, I. (1993) qualitative data analysis: A user friendly guide for social scientists, London, Routledge Miles, M.B., & Huberman, A.M. (1994) Qualitative data analysis: An expanded sourcebook, 2nd ed., Thousand Oaks, CA, Sage Silverman, D. (1993 and other editions) Interpreting qualitative date: methods for analysing talk, text and interaction, London, Sage Applied Business Research and Analysis Sampling and Sampling Methods- Lecture Materials edited / prepared by Dr. Norman Peng To understand the need for samplingTo understand probability and non-probability sampling methodsTo understand the characteristics of different sampling methodsTo identify the sampling methods used by researchers Learning objectives Population Can we get everyone’s opinion / input? Do we need to ask everyone’s opinion / input?
  • 59. Before sampling… Sampling Sampling Saunders et al., (2013) Common probability sampling methods 1. Simple random Need good sampling frame Common probability sampling methods 2. Systematic Common probability sampling methods 3. Cluster Postcode, departments within a company Common probability sampling methods 4. Stratified Quite difficult to do http://www.bbc.co.uk/schools/gcsebitesize/maths/statistics/samp linghirev3.shtml
  • 60. Common probability sampling methods Unbiased, but expensive Geographically constrained area Youtube: -https://www.youtube.com/watch?v=be9e-Q-jC-0 How many? Sample size calculator https://www.surveymonkey.com/mp/sample-size-calculator/ Common non-probability sampling methodsConvenient Purposive Network (snowball)Quota Other things to consider Sampling Selecting a probability sample Note: Simple random sampling ideally requires a sample size of over a few hundred Saunders et al., (2013) Sampling Selecting a non-probability sampling technique Saunders et al., (2013)
  • 61. * Examples: Kerrane, B., Bettany, S.M., and Kerrane, K. (2015),"Siblings as socialization agents", European Journal of Marketing, Vol.49, No.5/6, pp.713 – 735. Luo, Y., and Deng, J. (2008), “The New Environmental Paradigm and nature-based tourism motivation”, Journal of Travel Research, Vol.46, No. May, pp.392-402. Truong, Y., McColl, R. (2011), “Intrinsic motivations, self- esteem, and luxury goods consumption”, Journal of Retailing and Consumer Services, Vol.18, pp.555-561. Chen, A., Peng, N., and Hung, K-P. (2015), “Managing salespeople strategically when promoting new products- Incorporating market orientation into a sales management control framework”, Industrial Marketing Management, Vol.47, pp.147-155. Nam, J., Ekinci, Y., and Whyatt, G. (2011), “Brand equity, brand loyalty and consumer satisfaction”, Annals of Tourism Research, Vol.38, No.3, pp.1009-1030. Where can you find sampling method/s? GOOD LUCK with your Research!!! Applied Business Research & Analysis (Lecture Week 4)
  • 62. Secondary Data sources and Published Business Research sources, Evaluation and Analysis Dr. Sean Chung BSc, MSc, PhD Lecturer in Marketing Room 213, Maxwell Building, Salford Business School, University of Salford, The Crescent, Salford, Manchester, M5 4WT, UK t: +44 (0)161 295 7075 | e: [email protected] mailto:[email protected] Primary vs. Secondary Data • Primary data are originated by a researcher for the specific purpose of addressing the problem at hand. • Secondary data are data which have already been collected for purposes other than the problem at hand. These data can be located quickly and inexpensively. Copyright © 2015 Pearson Education Secondary data are of primary importance in marketing research. Uses of Secondary Data
  • 63. • Identify the problem • Better define the problem • Develop an approach to the problem • Formulate an appropriate research design (for example, by identifying the key variables) • Answer certain research questions and test some hypotheses • Interpret primary data more insightfully • Applications include economic-trend forecasting, corporate intelligence, international data, public opinion, and historical data. • See www.secondarydata.com http://secondarydata.com/ The Balancing Act with Secondary Data POTENTIAL ADVANTAGES POTENTIAL DISADVANTAGES
  • 64. racy • May enhance existing primary data • May achieve research objective Benefits of Secondary Data http://r.search.yahoo.com/_ylt=A2KLj.s.nA1VsF4AvNVWBQx.; _ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZw RpdAM- /RV=2/RE=1426984127/RO=11/RU=http:/mayankbhatiaahm.blo gspot.com/2010_08_12_archive.html/RK=0/RS=NFTLvZi7xfpsi VeljGhSHfyL.xo- http://r.search.yahoo.com/_ylt=A2KLj.s.nA1VsF4AvNVWBQx.; _ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZw RpdAM- /RV=2/RE=1426984127/RO=11/RU=http:/mayankbhatiaahm.blo gspot.com/2010_08_12_archive.html/RK=0/RS=NFTLvZi7xfpsi VeljGhSHfyL.xo- Disadvantages of Secondary Data • Incompatible reporting units… need zip code data and only have County data. • Measurement units do not match, e.g., need per capita income and only have household income.
  • 65. • Class definitions are not usable, e.g., need to know percent of population with income above $100k and only have $50k and over. • Data are outdated. http://r.search.yahoo.com/_ylt=Az_6xdgxng1VHxAAw21WBQx .;_ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZ wRpdAM- /RV=2/RE=1426984625/RO=11/RU=http:/newenergy.springbret t.net/disadvantages-of-solar- energy/RK=0/RS=BaSMFYOImblseESUiXnyyUBoClU- http://r.search.yahoo.com/_ylt=Az_6xdgxng1VHxAAw21WBQx .;_ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZ wRpdAM- /RV=2/RE=1426984625/RO=11/RU=http:/newenergy.springbret t.net/disadvantages-of-solar- energy/RK=0/RS=BaSMFYOImblseESUiXnyyUBoClU- Advocacy Research ADVOCACY RESEARCH Research conducted to support a position rather than to find the truth about an issue. Advocacy research is blatantly unethical. Common Research Objectives For Secondary Data Studies Fact Finding - Identifying consumption patterns
  • 66. - Tracking trends Model building - Estimating market potential - Forecasting sales - Selecting trade areas and sites Data Base Marketing - Development of Prospect Lists - Enhancement of Customer Lists Fact Finding • IDENTIFY CONSUMER BEHAVIOR • TREND ANALYSIS • ENVIRONMENTAL SCANNING Model Building • MARKET POTENTIAL • FORECASTING SALES • ANALYSIS OF TRADE AREAS
  • 67. Database Marketing Practice of maintaining a customer data base: • Names • Addresses • Past purchases • Responses to past efforts • Data from numerous sources http://r.search.yahoo.com/_ylt=A2KLktmVqA1VrXwAzapWBQ x.;_ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZ wRpdAM- /RV=2/RE=1426987286/RO=11/RU=http:/www.metricagroup.co m/services/marketing-optimization/data-services/centralized- data-hub/RK=0/RS=CNXXy6tQy3m1C765JquntQgHHbQ- http://r.search.yahoo.com/_ylt=A2KLktmVqA1VrXwAzapWBQ x.;_ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZ wRpdAM- /RV=2/RE=1426987286/RO=11/RU=http:/www.metricagroup.co m/services/marketing-optimization/data-services/centralized- data-hub/RK=0/RS=CNXXy6tQy3m1C765JquntQgHHbQ- Database Marketing and CRM
  • 68. 1. These databases provide the essential tool needed to nurture, expand, and protect the customer relationship 2. Databases also serve as a foundation for developing marketing programs 3. Databases allow marketers to capture and track customer profiles and purchase detail. http://r.search.yahoo.com/_ylt=A2KLktmVqA1VrXwA56pWBQ x.;_ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZ wRpdAM- /RV=2/RE=1426987286/RO=11/RU=http:/www.speedlinesolutio ns.com/home/speedline_blog/postid/198/pizza-point-of-sale- marketing-from-the-pos- database.aspx/RK=0/RS=5ZAO41z4o3abb.mfjsbyH3PSVnY- http://r.search.yahoo.com/_ylt=A2KLktmVqA1VrXwA56pWBQ x.;_ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZ wRpdAM- /RV=2/RE=1426987286/RO=11/RU=http:/www.speedlinesolutio ns.com/home/speedline_blog/postid/198/pizza-point-of-sale- marketing-from-the-pos- database.aspx/RK=0/RS=5ZAO41z4o3abb.mfjsbyH3PSVnY- Database Marketing Ethical Issue? How much information
  • 69. should companies have about consumers? • Wider DATA Mining hhttp://www.hendrikspeck.com/press/data-mining-you-to-death- does-google-know-too-much/ hhttp://www.hendrikspeck.com/press/data-mining-you-to-death- does-google-know-too-much/ Searching for Secondary Data • Identify what you want to know and what you already know about your topic • Develop a list of key terms and names • Search several of the general guides, directories, and Web sites for papers and/or reports • Compile the literature you have found. Rework your list of key words and authors if necessary • Consult the reference librarian • Consult the various directory guides • Identify authorities in the area and consult them
  • 71. Syndicated Services Social Media External CRM & Database Marketing Most studies should begin with a search for internal secondary data. Types of Secondary Data – Internal databases (files, records, reports, etc.) Database: Records Fields Sales records Scanner data Sales reports Data mining External Secondary Data
  • 72. • Created, recorded, or generated by an entity other than the researcher’s organization • Trade associations • Newspapers and journals • Libraries • The internet • Vendors • Producers • Media sources • Books and periodicals • Government sources • Commercial sources Professional Organizations and Libraries • Association of Market Survey Organizations, British Institute of Management, Confederation of British Industry, Chartered Institute of Marketing, Institute of Practitioners in Advertising, Advertising Association, Market Research Society. • Main libraries in major UK cities. http://r.search.yahoo.com/_ylt=Az_6xdkznA5VXQ8AP0BWBQx .;_ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZ
  • 73. wRpdAM- /RV=2/RE=1427049652/RO=11/RU=http:/www.spyghana.com/c im-advises-organizations-embrace-technology-based- marketing/RK=0/RS=0HqbViBK.GYygDLBYxC_drkzvuY- http://r.search.yahoo.com/_ylt=Az_6xdkznA5VXQ8AP0BWBQx .;_ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZ wRpdAM- /RV=2/RE=1427049652/RO=11/RU=http:/www.spyghana.com/c im-advises-organizations-embrace-technology-based- marketing/RK=0/RS=0HqbViBK.GYygDLBYxC_drkzvuY- http://r.search.yahoo.com/_ylt=A2KLj9N2nA5VS1MAoYJWBQ x.;_ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZ wRpdAM- /RV=2/RE=1427049719/RO=11/RU=http:/ronamoroso.blogspot. com/2010/10/idea-national-digital- library.html/RK=0/RS=j7s_9mWba4xmHd026QKRwu8FK5Q- http://r.search.yahoo.com/_ylt=A2KLj9N2nA5VS1MAoYJWBQ x.;_ylu=X3oDMTBtaTBhcHJnBHNlYwNmcC1pbWcEc2xrA2ltZ wRpdAM- /RV=2/RE=1427049719/RO=11/RU=http:/ronamoroso.blogspot. com/2010/10/idea-national-digital- library.html/RK=0/RS=j7s_9mWba4xmHd026QKRwu8FK5Q- Government and other data sources Government and other data sources Standardized Marketing Information Services • Commercial sources of secondary data. The data
  • 74. are usually collected, analyzed, and then sold to multiple companies. Because the information is sold to multiple companies, the data must be “standardized” (as opposed to customized for individual companies). •Sometimes referred to as Syndicated Research Uses of Standardized Marketing Information Services • Attitude and public opinion research—syndicated services report the findings of opinion polls • Consumption and purchase behavior data • Advertising research—readership and audience data • Profiling customers • Measuring product sales and market share • Measuring advertising exposure and effectiveness Profiling Customers • GEODEMOGRAPHY: The availability of demographic,
  • 75. consumer-behavior, and lifestyle data by arbitrary geographic boundaries that are typically quite small. • Geodemographers aggregate data from multiple sources and then make information available, typically in the form of maps. Type of Individual/Household Level Data Available from Syndicated Firms I. Demographic Data - Identification (name, address, telephone) - Sex - Marital status - Names of family members - Age (including ages of family members) - Income - Occupation - Number of children present - Home ownership - Length of residence - Number and make of cars owned
  • 76. Type of Individual/Household Level Data Available from Syndicated Firms II. Psychographic Lifestyle Data - Interest in golf - Interest in winter skiing - Interest in book reading - Interest in running - Interest in bicycling - Interest in pets - Interest in fishing - Interest in electronics - Interest in cable television There are also firms such as Dun & Bradstreet and American Business Information which collect demographic data on businesses. Commercial Sources • Key Note: • Market Research Reportd
  • 77. • Company Information: www.keynote.co.uk • Mintel: • Market Intelligence Reports www.mintel.com http://www.keynote.co.uk/ http://www.mintel.com/ https://www.keynote.co.uk/ https://www.keynote.co.uk/ https://youtu.be/Nk_sU3M-h4Y https://youtu.be/Nk_sU3M-h4Y Commercial Sources • Market share data companies like A.C. Nielsen provide information about sales volume and brand share over time • Demographic and census updates—many organizations supply census updates, in easy-to- use or custom formats https://www.youtube.com/watch?v=NGUyPueEduc https://www.youtube.com/watch?v=NGUyPueEduc https://youtu.be/c0o3oHmqNOc
  • 78. https://youtu.be/c0o3oHmqNOc A Classification of Syndicated Services Unit of Measurement Households/ Consumers Institutions Scanner Panels with Cable TV Psychographic & Lifestyles General Advertising Evaluation Syndicated Data from Households/Consumers Surveys Volume Tracking Data Scanner Panels Electronic scanner servicesPurchase Panels Media Panels Purchase/Media
  • 79. Panels A Classification of Syndicate Services: Households/ Consumers Copyright © 2015 Pearson Education Classification of Syndicated Survey Research Copyright © 2015 Pearson Education Surveys by Syndicated Firms Periodic Panel General Advertising Evaluation Psychographic and Lifestyles A Classification of Syndicate Services: Institutions Copyright © 2015 Pearson Education Syndicated Data from Institutions Retailers Wholesalers
  • 80. Industry Services Audit Services Direct Inquiries Clipping Services Corporate Reports Type Characteristics Advantages Disadvantages Uses Surveys Surveys conducted at regular intervals Most flexible way of obtaining data; information on underlying motives
  • 82. respondents asked to record specific behaviors as they occur Recorded purchase behavior can be linked to the demographic/ psychographic characteristics Lack of representative- ness; response bias; maturation Forecasting sales, market share, and
  • 83. trends; establishing consumer profiles, brand loyalty, and switching; evaluating test markets, advertising, and distribution Type Characteristics Advantages Disadvantages Uses Media Panels Electronic devices automatically recording behavior, supplemented
  • 84. by a diary Same as purchase panel Same as purchase panel Establishing advertising rates; selecting media program or air time; establishing viewer profiles Scanner Volume Tracking Data Household purchases are recorded
  • 85. through electronic scanners in supermarkets Data reflect actual purchases; timely data; less expensive Data may not be representative; errors in recording purchases; difficult to link purchases to elements of marketing mix
  • 86. other than price Price tracking, modeling; effectiveness of in- store modeling Copyright © 2015 Pearson Education Type Characteristics Advantages Disadvantages Uses Scanner Diary Panels with Cable TV Scanner panels of households that subscribe to cable TV Data reflect actual
  • 87. purchases; sample control; ability to link panel data to household characteristics Data may not be representative; quality of data limited Promotional mix analyses; copy testing; new- product testing; positioning Audit Services Verification of
  • 88. product movement by examining physical records or performing inventory analysis Relatively precise information at the retail and wholesale levels Coverage may be incomplete; matching of data on competitive activity may be difficult Measurement of
  • 89. consumer sales and market share; competitive activity; analyzing distribution patterns; tracking of new products Copyright © 2015 Pearson Education Type Characteristics Advantages Disadvantages Uses Institut- ional Syndicated Services Data banks on industrial establishments created through
  • 90. direct inquiries of companies, clipping services, and corporate reports Important source of information on industrial firms; particularly useful in initial phases of the projects Data is lacking in terms of content, quantity, and
  • 91. quality Determining market potential by geographic area; defining sales territories; allocating advertising budget Copyright © 2015 Pearson Education Combining data from different syndicated sources compensates for the weaknesses of one method with the strengths of another. International Marketing Research (Cont.) • In formulating a research design, considerable effort is required to ensure the equivalence and comparability of secondary and primary data obtained from different countries. Copyright © 2015 Pearson Education
  • 92. International Marketing Research (Cont.) • The problems with data compatibility are even more pronounced when dealing with secondary data from international sources. • Differences in units of measurement for such common economic statistics as personal disposable income make comparisons between two countries difficult. • The accuracy of secondary data might also vary with the level of industrialization in a country. • The taxation structure and the extent of tax evasion affect reported business and income statistics. • The measurement frequency of population census data varies considerably. International Marketing Research (Cont.) • For companies considering expansion internationally or managing existing international ventures, one of the first steps toward understanding and monitoring these markets can be through syndicated sources. • Many of the same major syndicated firms operating in the United States/UK, e.g., Nielsen, have invested heavily in creating data collection systems to support their
  • 93. internationally operating clients. • Nielsen has made huge investments in European markets over the past 30-plus years, introducing scanner and tracking services at the retail level. ABRA Week 3 research design, methods… SS Research Design and Method Research design Research design is the way research questions and objectives are developed within a research project.
  • 94. This is called research design process. It involves a set of decisions that need to be considered for any research project… Clear objectives derived from the research question Sources of data collection Constraints and ethical issues Valid reasons for the choice of design What do we need to consider in this process? Some questions to consider for deciding on a research idea and project: Is the topic something with which you are really interested in? Do you have, or can you develop it within the set time frame? Are you reasonably certain of being able to gain access to data you are likely to require for this topic? Does your topic contain issues that have a clear link to theory?
  • 95. Are you able to state your research question(s) and objectives clearly? Research Onion * Paradigms Positivist Facts Objective Quantitative Laws & regularities Anti-positivist Meanings Interpretive Qualitative Understanding & description Causality - relation between an event (the cause) and a second event (the effect) Structure and agency Knowledge & social research
  • 96. * Ontology: assumptions about the nature of reality. i.e. how we understand the world Epistemology: assumptions about ‘how we come to know’; how knowledge is created Axiology: assumptions about the value system, researcher’s values Methodology: combination of methods used to gain knowledge Methods: individual techniques for data collection and analysis Paradigm and assumptions: Ontology: Assumptions about the nature of reality. i.e. how we understand
  • 97. the world Discussion Point: What do these two statements mean to you? Reality exists externally and its properties can be and should be measured through objective methods Reality is not objective and exterior, but is socially constructed and given meaning by people ( 10 mins) Epistemology: ‘how we come to know’; how knowledge is created a) Knowledge is socially constructed, and the interpretations of the participants [subjective] and the investigator may contribute partially to the knowledge of the phenomenon being investigated, but does not represent an ultimate reality about the phenomenon. b) The social world is believed to be composed of simple cause and effect relationships and interactions that effect one another in a scientific manner. This can only be understood by using rigorous procedures that are scientific, objective and neutral.
  • 98. Inductive and deductive overview: Source: Claudio Vignali, Mike Zundel, (2003) Exploratory research Descriptive studies Explanatory studies Classification of the research purpose Exploratory study –what is happening; to seek new insights, to ask questions and to assess phenomena in a new light. Descriptive study: to portray an accurate profile of persons, events or situations. Explanatory study: studying a situation or a problem in order to explain the relationships between variables. How did this viral begin? What sort of people affected? Was Ebola going to spread internationally? Survey Case study Grounded theory Ethnography Action research Experiment Archival research Research Strategies
  • 99. Survey: key features Popular in business researchPerceived as authoritativeAllows collection of quantitative dataData can be analysed quantitatively Samples need to be representativeGives the researcher independence Research Strategies Research Strategies Case Study: key features Provides a rich understanding of a real life context Uses and triangulates multiple sources of data A case study can be categorised in four ways and based on two dimensions: single case v. multiple case holistic case v. embedded case (Yin et al. 2003) Ethnography: key features Aims to describe and explain the social world inhabited by the Researcher generally takes place over an extended time period is naturalistic
  • 100. involves extended participant observation Research Strategies Grounded theory: key features Grounded theory may be defined as: “The discovery of theory from data systematically obtained from social research” (Glaser and Strauss 1967: 2) Develops theory from data generated by observations It is an interpretative process, not a logic-deductive one Suddaby, (2006) Research Strategies Research Strategies Action research: key features Research IN action - not ON actionInvolves practitioners in the researchThe researcher becomes part of the organisationPromotes change within the organisationCan have two distinct foci (Schein, 1999) – the aim of the research and the needs of the sponsor
  • 101. The action research spiral An experiment will involve Definition of a theoretical hypothesisSelection of samples from known populationRandom allocation of samplesIntroduction of planned intervention Measurement on a small number of dependent variablesControl of all other variables Research Strategies Archival research: key features Uses administrative records and documents as the principal sources of data Allows research questions focused on the past Constrained by the nature of the records and documents Research Strategies Figure 5.4 Research choices Research method Choices
  • 102. are broad statements of a desired research outcome(s), or the general intentions of the research, which 'paint a picture' of your research project… emphasis is on what is to be accomplished and not how it is to be accomplished… address the macro project outcomes, they should capture the aspirations and expectations of the research topic… Developing research Aims, Objectives and Questions Seek to understandDiscover Explore Describe Objectives… language Determine Establish ExamineInvestigate Evaluate Develop Analyse objectives are subsidiary to aims and: are the steps you are going to take to answer your research questions or a specific list of tasks needed to accomplish the goals of the project…
  • 103. emphasise how the aims are to be achieved. must be highly focused and feasible… address the more immediate project outcomes… make accurate use of concepts…. must be sensible and precisely described… should read as a set of statements to convey your intentions… Developing research Aims, Objectives and Questions Research questions will emerge from the objectives and can shape the objectives…. They need to : have Clarity and clear scope be Manageable be related to assumptions be related to previous research be Ethical have practical use , be relevant be of interest to you
  • 104. Aspects to consider Reliability Validity Generalisability Credibility of research findings Construct validity - whether the correct operational measures have been established for the issues being investigated. Specifically, construct validity is largely based on whether the data collection instrumentation was appropriate for the research. External validity denotes the extent to which the research findings can be generalised Internal validity concerns the applicability of the data analysis techniques to the issues being investigated. Reliability demonstrates the repeatability of research elsewhere Credibility of research findings Validity is concerned with the extent to which the research findings present a true picture of what is being studied and what is really happening in the situation (Cunningham, 1988, 312; Hussey and Hussey, 1997'). Note that:
  • 105. ‘The research design should not subject the research population to embarrassment, harm or other material disadvantage’ Research design ethics Saunders et al, (2009) Task 1 Discussion - Can the approach to the study of social world, including that of management and organisation be the same as the approach to studying the natural sciences? 10 mins Draw up a simple matrix with the following headings for your potential research report/project: Research aims and objectivesResearch questionsTheory/ Theories Your approach: Inductive/ Deductive Data Collection MethodsAny possible issues related to data collection Task 2
  • 106. Applied Business Research & Analysis (Lecture Week 2) Management Decision-Making and the Scope and Purpose of Business Research Dr. Sean Chung BSc, MSc, PhD Lecturer in Marketing Room 213, Maxwell Building, Salford Business School, University of Salford, The Crescent, Salford, Manchester, M5 4WT, UK t: +44 (0)161 295 7075 | e: [email protected] mailto:[email protected] mailto:[email protected] The Business/Marketing Research Process Step 6: Preparing & Presenting the Report Step 5: Preparing & Analyzing Data
  • 107. Step 4: Doing Field Work/ Collecting Data Step 3: Formulating a Research Design Secondary & Syndicated Data Analysis Qualitative Research Survey & Observation Research Experimental Research Measurement & Scaling Questionnaire & Form Design Sampling Process & Sample Size Preliminary Plan of Data Analysis Step 2: Developing an Approach to the Problem Step 1: Defining the Problem Problem Definition & Approach Development Process Tasks Involved
  • 108. Qualitative Research Discussions with Decision Makers Interviews with Experts Secondary Data Analysis Environmental Context of the Problem Step 1: Problem Definition Management Decision Problem Step 2: Approach to the Problem Step 3: Research Design Research Questions and Hypotheses Analytical Framework and Models Specification of Information Needed Business Research Problem
  • 109. Tasks Involved in Problem Definition • Discussions with Decision Makers • Interviews with Industry Experts • Secondary Data Analysis • Qualitative Research Problem definition begins with discussions with the key decision makers(s). “The formulation of the problem is often more essential than its solution.” – Albert Einstein Conducting a Problem Audit Corporate Decision-Making Culture How Will Each Item of Information Be Used by the DM? Information Needed to Answer the DM’s Questions
  • 110. Nature of Potential Actions Based on Research Criteria for Evaluating Alternative Courses Alternative Courses of Action Available to DM History of the Problem Discussion Between the Researcher and the DM Focus of the DM Symptoms • Loss of Market Share Focus of the Researcher Underlying Causes • Superior Promotion by Competition • Inadequate Distribution of Company’s Products • Lower Product Quality • Price Undercutting by a
  • 111. Major Competitor Discussion After the recession of 2008-2010, many consumers have become price and value conscious leading to a loss of market share for prestigious department stores. Problem Defn Based on Symptoms Can Be Misleading Firm Symptoms Based on Symptoms Based on Underlying Causes Manufacturer of orange soft drinks Consumers say the sugar
  • 112. content is too high Determine consumer preferences for alternative levels of sugar content Color. The color of the drink is a dark shade of orange giving the perception that the product is too “sugary.” Manufacturer of machine tools Customers complain prices are
  • 113. too high Determine the price elasticity of demand Channel management. Distributors do not have adequate product knowledge to communicate product benefits to customers. Factors to be Considered in the Environment Context of the Problem Marketing and Technological Skills Economic Environment Legal Environment Buyer Behavior Objectives of the Decision Maker
  • 114. Resources and Constraints Past Information and Forecasts Management Decision Problem • Asks what the decision maker needs to do • Action oriented • Focuses on symptoms Business Research Problem • Asks what information is needed and how it should be obtained • Information oriented • Focuses on the underlying causes Management Decision Problem vs. Business Research Problem
  • 115. Management Decision Problem and the Corresponding Business Research Problem Management Decision Problem • Should a new product be introduced? • Should the advertising campaign be changed? • Should the price of the brand be increased? Business Research Problem • To determine consumer preferences and purchase intentions for the proposed new product. • To determine the effectiveness of the current advertising campaign.
  • 116. • To determine the price elasticity of demand and the impact on sales and profits of various levels of price changes. Management Decision Problem and the Corresponding Business Research Problem Management Decision Problem Should Harley-Davidson invest to produce more motorcycles? Business Research Problem To determine if customers would be loyal buyers of Harley-Davidson in the long term. Errors in Defining the Business Research
  • 117. Problem Common Errors Problem Definition is Too Broad • Does Not Provide Guidelines for Subsequent Steps • e.g., Improving the Company’s Image Problem Definition is Too Narrow • May Miss Important Components of the Problem • e.g. Changing Prices in Response to a Competitor’s Price Change Proper Definition of the Business Research Problem
  • 118. Business Research Problem Broad Statement Component 1 Component 2 Component 3 Specific Components Management Decision Problem and Business Research Problem Symptoms Management Decision Problem Business Research Problem Underlying Causes Specific Components Broad Statement Harley-Davidson Example
  • 119. Management Decision Problem: • Should Harley-Davidson invest to produce more motorcycles? Business Research Problem: Broad Statement • To determine if customers would be loyal buyers of Harley-Davidson in the long term. Harley-Davidson: Specific Components Business Research Problem: Specific Components 1. Who are the customers? What are their demographic and psychographic (lifestyle) characteristics? 2. Can different types of customers be distinguished? Is it possible to segment the market in a meaningful way? 3. How do customers feel regarding their Harleys? Are all customers motivated by the same appeal? 4. Are the customers loyal to Harley-Davidson? What is the extent of brand loyalty?
  • 120. An analytical model is a set of variables and their interrelationships designed to represent, in whole or in part, some real system or process. Graphical Models Graphical models are visual. They are used to isolate variables and to suggest directions of relationships but are not designed to provide numerical results. Awareness Understanding: Evaluation Preference Patronage Development of Research Questions & Hypothesis
  • 121. Components of the Business Research Problem Research Questions Hypotheses Analytical Framework and Models • Research questions (RQs) are refined statements of the specific components of the problem. • A hypothesis (H) is an unproven statement or proposition about a factor or phenomenon that is of interest to the researcher. Often, a hypothesis is a possible answer to the research question. Research Questions & Hypothesis
  • 122. Harley-Davidson Example • RQ: Can the motorcycle buyers be segmented based on psychographic characteristics? • H1: There are distinct segments of motorcycle buyers. • H2: Each segment is motivated to own a Harley for a different reason. • H3: Brand loyalty is high among Harley-Davidson customers in all segments. Specification of Information Needed • By focusing on each component of the problem and the analytical framework and models, research questions, and hypotheses, the researcher can determine what information should be obtained. Specification of Information Needed
  • 123. • Component 1 • Component 2 • • • Component n • RQs for Component 1 • RQs for Component 2 • • • • RQs for Component n • Hypotheses for Component 1 • Hypotheses for Component 2
  • 124. • • • Hypotheses for Component n • Info needed for Component 1 • Info needed for Component 2 • • • • Info needed for Component n Business Research Problem Research Questions (RQs) Hypotheses Specification of Info Needed
  • 125. Harley-Davidson: Specification of Information Component 1 • Ownership of motorcycles (Harley-Davidson and its competitors). Interest in potentially owning a motor cycle if they do not currently have one. • Standard demographic characteristics (e.g., gender, marital status, household size, age, education, occupation, income, and type and number of automobiles owned) and psychographic characteristics. Psychographic characteristics include outdoor and recreational activities, family orientation, and attitude toward adventure. Harley-Davidson Example (Cont.) Component 2 • No new information to be collected. The segment can be identified based on information obtained for the first component. Component 3 • Ratings of Harley-Davidson motorcycles on image, features, brand name, and subjective perceptions.
  • 126. Component 4 • Attitudes towards, preferences for and repurchase of Harley- Davidson motorcycles. • Lack of familiarity with the environmental factors of the country in which the research is being conducted can increase the difficulty of appropriately defining the problem. • Many international marketing efforts fail because a problem audit is not conducted prior to entering the foreign market, and the relevant environmental factors are not taken into account. International Business Research • While developing theoretical framework, models, research questions and hypotheses, remember that difference in the environmental factor, especially the sociocultural environment, can lead to difference in the formation of perceptions, attitudes, preferences and choice behavior. • For example, orientation toward time varies considerably across cultures, which can influence perceptions and preferences for convenience foods.
  • 127. International Business Research (Cont.) Motorcycles are used for recreation in the United States but as a means of daily transportation in SE Asia. Ethics in Business Research • Potential for ethical conflict between the marketing researcher and the client. • Personal interests or hidden agendas of either stakeholder can lead to ethical dilemmas. • The client should be forthright in disclosing the relevant objectives and the purpose for which the research is being undertaken. • The researcher should have the best interest of the client at heart. • In developing an approach, ethical issues include using models and approaches developed for specific projects for other clients. Copyright © 2015 Pearson Education
  • 128. SalfordBusiness School Applied Business Research and Analysis Quantitative Research Data Analysis and Presentation Seminar Professor David F. Percy Illustration of Google Analytics Interactive Demonstration of GapminderWorld Group Discussion Exercise and Software Demonstration
  • 129. of Credit Scoring Credit scoring data for 1,000 German bank customers (extract) Credit scoring data for 1,000 German bank customers (description) Credit scoring data for 1,000 German bank customers (description) Credit scoring data for 1,000 German bank customers (description) Credit scoring data for 1,000 German bank customers (description) Analysis of credit scoring data using Excel, Minitab and SPSS Numerical summaries (duration + amount + job + telephone + credit) Graphical summaries (duration + amount + job + telephone + credit)
  • 130. One-sample test for mean (duration + amount) One-sample test for proportion (telephone + credit) Two-sample test for means (duration x credit, amount x credit) Two-sample test for proportions (telephone x credit) Correlation and regression (duration x amount) Chi-square test (job x credit) Multiple logistic regression (credit x {duration + amount + job + telephone}) Qualitative Data Analysis Week 7 Seminar sudi sudi
  • 131. Data Analysis – What is Coding? Coding is the process of combing the data for themes, ideas and categories and then marking similar passages of text with a code label so that they can easily be retrieved at a later stage for further comparison and analysis. Coding the data makes it easier to search the data, to make comparisons and to identify any patterns that require further investigation. sudi What is Coding? Coding is the process of combing the data for themes, ideas and categories and then marking similar passages of text with a code label so that they can easily be retrieved at a later stage for further comparison and analysis. Coding the data makes it easier to search the data, to make comparisons and to identify any patterns that require further investigation. sudi
  • 132. How to code Codes can be based on Themes, Topics Ideas, Concepts Terms, Phrases Keywords sudi What to look for when coding When coding Researchers have some codes already in mind (deductive) And Researchers are also looking for other ideas that seem to arise out of the data (inductive) When coding you should ask the following questions What is going on? What are people doing? What is the person saying? What do these actions and statements take for granted?
  • 133. sudi Coding NO. WHAT CAN BE CODED EXAMPLES1Behaviours, specific actsSeeking reassurance, Bragging2Events – short once in a lifetime events or things people have done that are often told as a story.Wedding day, day moved out of home for university, starting first job 3Activities – these are of a longer duration, involve other people within a particular settingGoing clubbing, attending a night course, conservation work4Strategies, practice or tacticsBeing nasty to get dumped, Staying late at work to get promotion5States – general conditions experienced by people or found in organisationsHopelessness “I’ll never meet anyone better at my age” settling for someone who is not really suitable6Meanings – A wide range of phenomena at the core of much qualitative analysis. Meanings and interpretations are an important part of what directs participants’ actions. sudi
  • 134. Example of coded transcript Volunteering For instance, we have a group of volunteers, who come every week to have laughter therapy with the kids. They help kids relax, lift their spirits and distract a bit. It is hard to have regular volunteers, but it seems like we came to an agreement with doctors to organize so-called bedside workshops. Different artists, photographers and psychologists will be visiting the kids in the hospital. Interview 1.4a, Samara Oblast’ sudi Applied Business Research and Analysis Sampling and Sampling Methods- Seminar Materials edited / prepared by Dr. Norman Peng Learning objectives To strengthen existing knowledge on different sampling techniques To identify suitable sampling method/s for different research scenarios / needs To identify other researchers’ sampling rationales and
  • 135. limitations Key points and questions from the lecture Exercise 1 (suggest: 20-25 minutes) Sampling exercises-Please see handout In your groups, please work on all three questions source: Saunders et al (2012:293-294, 302-303) Working individually: Look at one of the articles of your choice Make notes of the process used to select the sample for the survey or interview or focus group. Note down areas where you feel there is insufficient information to fully understand the sampling process (e.g. the total population, size of sample, how the sample were selected, representatives). Exercise 2 (suggest: 15-20 minutes) 5 Thank you!!!
  • 136. Applied Business Research & Analysis (Seminar 4) Secondary Data sources and Published Business Research sources, Evaluation and Analysis Dr. Sean Chung BSc, MSc, PhD Lecturer in Marketing Room 213, Maxwell Building, Salford Business School, University of Salford, The Crescent, Salford, Manchester, M5 4WT, UK t: +44 (0)161 295 7075 | e: [email protected] mailto:[email protected] Criteria for Evaluating Secondary Data • Specifications: Methodology Used to Collect the Data • Error: Accuracy of the Data • Currency: When the Data Were Collected • Objective(s): The Purpose for Which the Data Were Collected
  • 137. • Nature: The Content of the Data • Dependability: Overall, How Dependable Are the Data Criteria for Evaluating Secondary Data Copyright © 2015 Pearson Education Criteria Issues Remarks Specifications/ Methodology Data collection method Response rate, Quality Sampling technique, Size Questionnaire design Field work Data analysis Data should be reliable, valid, and generalizable to the problem
  • 138. at hand. Error Examine errors in: Approach, Research design, Sampling, Data collection, Data analysis, Reporting Assess accuracy by comparing data from different sources. Currency Time lag between collection and publication Frequency of updates Census data are periodically updated by syndicated firms. Copyright © 2015 Pearson Education Criteria for Evaluating Secondary Data (cont’d) Criteria Issues Remarks
  • 139. Objective Why were the data collected? The objective will determine the relevance of data. Nature Definition of key variables Units of measurement Categories used Relationships examined Reconfigure the data to increase their usefulness, if possible. Dependability Expertise, credibility, reputation, and trustworthiness of the source. Data should be obtained from an original rather
  • 140. than an acquired source. Challenges in Evaluating and Using Secondary Data • In groups of 4-5 read the recent article Coca-Cola pouring millions into scientific research and healthy eating schemes 'to counter claims its drinks cause obesity’ • Discuss the potential issues and challenges one must be aware of when utilizing secondary data. • How would you go about gathering additional secondary data to further enhance your understanding of the subject area and develop a related research idea? • Read the article It’s Hard to Count Calories, Even for Researchers • What key points are emphasized in this article in terms of the use of secondary data and drawing conclusions from relevant secondary data analyses? ABRA seminar week 3
  • 141. research design process, aim and objectives, methods… Some basic research concepts ---prompts sudi Research Design Research design is the way a research question and objectives are operationalized into a research project. The research design process involves a series of decisions that need to combine into a coherent research project… sudi Research Onion after Saunders et al 2009 sudi Causality : relation between an event (the cause) and a second event (the effect) Paradigms
  • 142. Positivist Facts Objective Quantitative Laws & regularities Anti-positivist Meanings Interpretive Qualitative Understanding & description sudi Research Strategies Experiment Action research Grounded theory Survey Ethnography Case study Archival research sudi
  • 143. sudi Figure 5.4 Research choices Research Choices Source: Queen’s University Belfast website sudi “Aims and Objectives Aims are broad statements of desired outcomes or the general intentions of the research, which 'paint the picture' of your research proposal – they: emphasize what is to be accomplished, not how it is to be accomplished address the long-term project outcomes, i.e. they should reflect the aspirations and expectations of the research topic Objectives are the steps you are going to take to answer your research questions or a specific list of tasks needed to accomplish the goals of the project - they: emphasize how aims are to be accomplished must be highly focused and feasible address the more immediate project outcomes make accurate use of concepts and be sensible and precisely described are usually numbered so that each objective reads as an 'individual' statement to convey your intention”
  • 144. Applied Business Research & Analysis Week 2 Seminar (w/c 5th October) Week 2 seminar The purpose of today’s session Evaluating the scope and purpose of business / management research 2. Developing your research idea Evaluating the scope and purpose of business / management research Considering delimitations / boundaries will help you to scope
  • 145. your research. Defining the purpose (aim) of your research will help you to prepare objectives, which will keep your research on track and should support the achievement of the research aim. objectives are the steps which lead you to the main aim of the research Where can you find examples of business and management research? This module requires a lot of background reading You have access to many books and journals about business and management research Look at the module reading list Use Solar and visit the library You also have a free subscription to Financial Times Research studies in academic journals may be longitudinal and/or require extensive resources. However, they are relevant and instructive. So, read studies that relate to your area of research.
  • 146. Research example from text – Research Methods For Business Students - Saunders, Lewis & Thornhill (2012 p.27) Seminar Activity Read the short review ‘Ageing and Shopping’ (10 minutes) Get into groups of 4 or 5, discuss the article and answer the following questions (10-15 minutes) Which business sector is being researched What is the main aim of the research Identify some of the objectives Identify some delimitations/boundaries of the research Nominate a spokesperson for your group, each group will present their findings 2. Developing your research idea Define the scope of your research by starting with a sector you are interested in researching – Public Sector – (government responsibility for the provision of services)- NHS, Armed Forces, Police, State Schools,
  • 147. Highways…(funded by tax payers) Private Sector – business ‘for profit’ sector, large organisations, SMEs, sole traders….. Third Sector – non-governmental organisations, non-profit making, voluntary sector, charities… Seminar Activity Use a piece of A4 paper (write your name at the top) Discuss the sectors with your groups and decide which sector you would like to research (write it under your name) Discuss the following questions and write the answers on your paper Can you name a few specific businesses in this sector What kind of problems are you aware of in this sector Do you think there will be much available background information Where will you find background information What kind of issues might you be interested in researching in this sector
  • 148. Seminar Activity Now it’s time to get some help from your colleagues Attach your paper to the wall Everybody now walks around the pages and adds as much help as possible to each sheet of paper For example: other problems associated with the stated sector, additional organisations, snippets of background information, useful books, papers, articles you may have read……………. Final Activity Review your notes and focus on a preferred research area Go to the library or a study area and begin to search for information on your research area You can begin with general online searches, Google scholar, and then use SOLAR databases and e-journals. Stay focused on your research area and begin to build a range of relevant information Keep a record of your references, start building your reference
  • 149. list today. Dr Suzanne Kane Maxwell 608a [email protected] Applied Business Research & Analysis (Seminar Week 1) Dr Christos Papanagnou BSc, BEng, MSc, PhD, MIEEE Lecturer in Logistics & Supply Chain Management Room 611, Maxwell Building, Salford Business School, University of Salford, The Crescent, Salford, Manchester, M5 4WT, UK t: +44 (0)161 295 5091 | e: [email protected] Web: http://www.salford.ac.uk/business-school/business- academics/christos-papanagnou One of the main aims of Week 1 Seminar is to introduce you to
  • 150. the research process. This is the process by which research is carried out. The steps in the process of undertaking research are generally the same in every research project. However, the approaches taken to each step in the process vary a great deal from research project to research project. Seminar Week 1 Model of the Research Process Seminar Week 1 Business research is the application of social science research methods in the process of examining business phenomenon The term ‘research’ connotes patient study and scientific investigation. The researcher carefully examines data to discover all that is known on the topic Business research is an essential tool for management in virtually all problem-solving and decision-making activities Business Research Defined Seminar Week 1 Applied and Basic Business Research Applied business research is conducted to address a
  • 151. specific business decision for a specific firm or organization. Basic business research (sometimes referred to as pure research) is conducted without a specific decision in mind, and it usually does not address the needs of a specific organization. It attempts to expand the limits of knowledge in general, and as such it is not aimed at solving a particular pragmatic problem. Seminar Week 1 Business Research in the Twenty-First Century Business research, like all business activity, continues to change. Changes in communication technologies and the trend toward an ever more global marketplace have played a large role in many of these changes. Virtually everyone is “connected” today Changes in computer technology and IT have made for easier data collection and data analysis. Global Business Research Like all business activities, business research has become increasingly global as more and more firms operate with few, if any, geographic boundaries. Some companies have extensive international research operations.
  • 152. Companies that conduct business in foreign countries must understand the nature of those particular markets and judge whether they require customized business strategies. Seminar Week 1 Task 1 Using reports to generate research topic ideas A report by the British Library’s Business & IP Centre (2009) has recommended that newly established small firms should be given some form of tax exemption for their first year or two of business1. It also suggested that a fast-track scheme should be created to help firms to patent ideas, and that broadband speeds must rise2. Former BBC television programme Dragon’s Den panel member Doug Richard, who was one of the business experts questioned in compiling the report, said tax relief was the best way to provide incentives to aspiring entrepreneurs. He said ‘it takes a good 18 months of solid work before a new business starts to really establish itself. If the government is serious about encouraging enterprise in the UK, then they need to avoid gimmicks like the VAT cut, and offer start-ups a genuine exemption from tax until they get their businesses up and running.’ Other suggestions put forward by the British Library’s report include an increase in maternity leave subsidies, the creation of a subsidised national internship scheme, and a plan to make it more straightforward for small firms to apply for government contracts 1British Library (2009) Enterprising voices: supporting the
  • 153. drive for recovery. London: The British Library Business & IP Centre 2BBC News (2009) New small firms need tax break. November 15. Available at: http://news.bbc.co.uk/1/hi/business/8358688.stm. Seminar Week 1 Task 1 Questions What did the report and authors state? What alternative conceptual models, explanations, or hypotheses did this report consider? What information or methods did the authors use to approach the issue/problem? Do you accept authors’ statements and/or conclusions? If not, are there other methods that could allow you to support their statement? Do the author’s research suggest new ways to interpret a different problem? Are there other problems that could be studied using the same approach? Seminar Week 1 Task 2
  • 154. Developing research objectives from an overall research aim Attitudes towards investment choice and risk within the personal accounts scheme Background The UK Government Pensions Act 2008 sets out the government’s reforms introducing, from 2012, a duty on employers to automatically enrol all their eligible employees into a qualifying workplace pension scheme. Employers will also have to provide a minimum contribution towards the pension saving for those employees who participate. Employees will be able to opt out if they do not wish to participate. The Pensions Act also sets out plans for the establishment of the personal accounts scheme, which will be a trust-based, occupational pension scheme for employers that do not have, or wish to use, a qualifying scheme of their own. The pension scheme will be run at arm’s length from the government by a body corporate acting as an independent not-for-profit trustee. The aim of these reforms is to overcome the decision- making inertia that currently characterises individuals’ attitudes to pension saving, and to make it easier for individuals to save for their retirement. The personal accounts scheme will be required to offer a default fund into which the contributions of members who do not make an active investment choice will be automatically invested. It may also offer a limited choice of investment funds for those who do want to make an active choice. This study contains the findings from qualitative research undertaken by the Personal Finance Research Centre (PFRC) and ECOTEC Research and Consulting Limited on behalf of the Department for Work and Pensions (DWP). The research was conducted with individuals who would be eligible for automatic enrolment.
  • 155. Seminar Week 1 Here is a good example of how an official research report prepared by the UK government expresses an overall research aim, then expands this to three specific areas 10 Task 2 Aims and objectives The overall aim of this research was to explore attitudes to investment choice and risk within the personal accounts scheme among those who fall into the eligible group for automatic enrolment. The research considered three main areas: Individuals’ understanding of, and appetite for, financial risk, both generally and in relation to saving for retirement Reactions to, and preferences for, potential investment fund choices within the personal accounts scheme, and reasons for these reactions and preferences; The likelihood of individuals making an active choice of investment funds, the factors they would consider, and what would enable or hinder active choice. Seminar Week 1 Here is a good example of how an official research report prepared by the UK government expresses an overall research aim, then expands this to three specific areas 11 Task 2 Phrasing research questions as research objectives
  • 156. Research questionResearch objectiveWhy have organisations introduced employee communication schemes?To identify organisations’ objectives for employee communication schemesHow can the effectiveness of employee communication schemes be measured?To establish suitable effectiveness criteria for employee communication schemesHas employee communication been effective?To describe the extent to which the effectiveness criteria for employee communication have been met in published studiesHow can the effectiveness of employee communication be explained?4a. To determine the factors associated with the effectiveness criteria for employee communication schemes being met4b. To estimate whether some of those factors are more influential than other factorsCan the explanation be generalised?To develop an explanatory theory that associates certain factors with the effectiveness of employee communication schemes Seminar Week 1 Here is a good example of how an official research report prepared by the UK government expresses an overall research aim, then expands this to three specific areas 12 Dr Christos Papanagnou 1 Applied Business Research & Analysis (Business Research)
  • 157. Assignment brief: Assignment 2: Final assessment component - Written Assignment/Essay Semester 1 & 2, 2015-2016 mark. – 4,000 words in total (do not exceed word limit, a penalty will apply for assignments that exceed it). Submission: Electronically through Turnitin by 4pm, 09/12/2015 Relates to Learning Outcomes: e research process. published business research. methods to meet business research objectives.
  • 158. ch proposal to meet information needs in relation to solving a business problem. Assessment Housekeeping: You are required to follow the University’s regulations regarding plagiarism and citing sources and references used. Assignments may not be submitted late. Marking penalties for late submission will follow the University regulations for PMC and late submission. Submission of Assessment: Please submit an electronic copy of your assessment via Turnitin on Blackboard, submissions of further digital materials, such as apps, webpages, etc, must be agreed with your adviser. The electronic copy may be in either Word or PDF, and you should ensure that the file name includes your surname. Marking Scheme Criteria Marks Abstract and Introduction 20 Literature review and References 30 Research methodology 25
  • 159. Discussion and results presentation 15 Conclusions 10 Dr Christos Papanagnou 2 Applied Business Research & Analysis (Business Research) Assignment Brief – Final assessment component - Written Assignment/Essay Form and Content of the Assignment Final assessment components must be presented in a standard physical form. Your assignment must be printed on A4 paper, and spiral bound. For purposes of assessment, we require two hard copies and one electronic copy of the report. If you wish your project to be kept from public view you must include
  • 160. on the title page the word 'Embargoed:' and a date when this can be lifted. Project reports without an embargo may be placed on the shelves in the University Library and e-copies may be created. The paper used must be A4, except that larger sheets may be used for large illustrations, provided these are supplied folded down flat and neat with A4 dimensions. Typing of 1.5 line spacing is required, with a margin of at least 1.5 inches on the left hand side, and at least half an inch on each of the other three sides. You are required to number the sections of your work and use page numbering. Due to the varied nature of individual projects, each one will require different written sections. However, the general style of layout should be similar to that in academic works and journals. That is, there should be an introduction, the main body of the