In the name of Allah Kareem,
Most Beneficent, Most Gracious,
the Most Merciful !
What is Research ?


   In simple words Re-search mean “Search Again”


                            OR



“It is a process of gathering information to answer a
  question”
What is Business Research ?




“Business Research is a systematic and objective
  process of gathering, recording and analyzing data
  for making good business decisions”
Examples of Business Research



 What   is the best strategy to promote a particular product? (Marketing)

What is the main reasons for employee turnover? (HRM)

 What is the rate of return on particular investment? (finance)
WHY WE SHOULD STUDY RESEARCH METHOD?
The best reason for learning about research methods is that these methods are used
by the Managers to answer the questions regarding day to day business problems.
Following are some other implications of the research:

1- Management Is A Science:                      Management is a science to
     gather and interpret information in order to make effective decisions.

2- Reduce Uncertainty:                The prime managerial value of business
    research is that it reduces uncertainty by providing required information
    and improves the following four stages of decision making:

               Identifying problems and opportunity.
               Diagnosing and assessing problems or opportunities.
               Selecting and implementing a course of action.
               Evaluating the course of action.
3- Conducting A Study:                Research method course is very useful
        for you as you have to do your master’s thesis in order to complete
        your degree requirement and it is also helpful to you at some time in
        future because being a professional everyone wants to read and
        understand the most recent research in order to be up date in his
        profession.
4-   Reading And Evaluating Other People’s Study: A
       grasp of research terminology will allow you to read and understand
       research articles and critically evaluate it. Rather than reading a
       summary of someone else’s research in a magazine, news paper, or
       textbook, you can read the original article your self and draw your
       own conclusion.
5- Understanding Brief Description Of Studies: A
         research method course will help you understanding abbreviated
         description of studies given as evidence supporting some conclusion
         or theory.
6- Thesis is based on Research : besides all the
     business related benefits of the research studies, it is also useful for
     your academic requirement of thesis as being compulsory for your
     degree

7- Making Decisions In Our Daily Lives:
     Besides becoming a researcher, to be an effective, participating
     member of 21st century one must understanding the research
     process in order to evaluate and act on research results.
8- Being A Better Thinker:            The research methodology will also
     improve your thinking as it is a logical and objective method of
     finding answer to a question which may apply to all aspects of life.

9- Secret Of Success:           “The secret of success is to know
     something nobody else knows” .
Classification of
                        Research




                                  Time             Inquiry
Application   Objective
                                Dimension           Mode
   Basic or                           Cross-
               Exploratory                         Qualitative
     Pure                            sectional
                research                            research
   Research                          research


    Applied    Explanatory          Longitudinal   Quantitative
   Research     research             research       research


                                                      Mixed
               Descriptive
                                                    Methods
                research
                                                    research
THEORY
  Theory is a standardized principle on which basis we can
  explain the relationship between two or more concepts or
                           variables.
PURPOSE OF THEORY
      Prediction and understanding are the two purpose of theory.
LEVELS OF THEORY
 1. Abstract level
      At the abstract level. Concepts and propositions are the
      elements of theory
 2. Empirical level
      At the empirical level theory is concerned with variables and
      testable hypothesis, the empirical counterparts of concepts and
      propositions.
More Satisfaction increases the                  Higher Temperature reduces the
Motivation level                                                    Productivity

                                        Theory


Satisfaction & Motivation                                Temperature & Productivity
hard work & thirst        Proposition            Hypothesis       Height & Weight,
Honesty and success                                             Distance & Speed


                                                                 Height, Weight,
    Motivation, thirst,    concept                variable       Temperature, Di
                                                                 stance
    honesty, satisfac
    tion

                           Abstract               Empirical
                            level                  level
THEORY DEVELOPMENT PROCESS
1. Induction process
2. Deduction process
                                          Theory
                                 All rosebushes have thorns




                       Deduction                              Induction




             Predicted Observation                            Actual Observation



          If I check my neighbor’s rose bushes,          I notice that the five rosebushes
          I should find that they all have thorns         in my backyard all have thorns
DEDUCTION AND INDUCTION
                    1. Theory




                  2. Hypothesis                      1. General Research Questions
Deduction




                                         Induction
                3. Data Collection                         2. Data Collection




                   4. Findings                                3. Findings




            5. Hypothesis confirmed or                  4. Generation of Theory
                     rejected



               6. Revision of theory
Research Process
   1.Select a Topic / Problem


      2.Literature review


      3.Research design


       4.Data Collection

      5. Data Preparation


        6.Data Analysis


  7.Discussion and Conclusion

       8.Report Writing
1. Select a Topic
    •Chose Area for research
1        (Management Sciences)
    •Select field of research
2        (Finance, HRM, Marketing)
    •Select topic of research
3        (Advertising in Marketing)
    •Refine topic of research
4        (Refining topic)


5
    • Decide about the industry / sector
You are required to select a research topic of your interest, develop a
theoretical framework on selected topic and write down one page
description for the selection of your topic.

In undertaking the assignment the students are expected to justify their
rationale for the Research Topic and also for selected variables.
Guidelines
Your one page description (excluding Model and end-list references) should contain:
• Topic/ Title
• The Justification of the topic selection
• A description of the data – definitions of the selected variables and Conceptual
Model
• Accuracy of Document
     • Font Size (12)
     • Heading (14 + Bold)
     • Sub-Heading (12 + Bold)
     • Font Style (Times New Roman)
     • Line Spacing (Single)
     • Alignment (Justified)
     • Spelling and Grammatical Accuracy
• Referencing (In-text and End-list)
• Minimum Words Limit (500)
SUPERIOR GROUP OF COLLEGES   18

Business Research Methods

  • 1.
    In the nameof Allah Kareem, Most Beneficent, Most Gracious, the Most Merciful !
  • 3.
    What is Research? In simple words Re-search mean “Search Again” OR “It is a process of gathering information to answer a question”
  • 4.
    What is BusinessResearch ? “Business Research is a systematic and objective process of gathering, recording and analyzing data for making good business decisions”
  • 5.
    Examples of BusinessResearch  What is the best strategy to promote a particular product? (Marketing) What is the main reasons for employee turnover? (HRM)  What is the rate of return on particular investment? (finance)
  • 6.
    WHY WE SHOULDSTUDY RESEARCH METHOD? The best reason for learning about research methods is that these methods are used by the Managers to answer the questions regarding day to day business problems. Following are some other implications of the research: 1- Management Is A Science: Management is a science to gather and interpret information in order to make effective decisions. 2- Reduce Uncertainty: The prime managerial value of business research is that it reduces uncertainty by providing required information and improves the following four stages of decision making:  Identifying problems and opportunity.  Diagnosing and assessing problems or opportunities.  Selecting and implementing a course of action.  Evaluating the course of action.
  • 7.
    3- Conducting AStudy: Research method course is very useful for you as you have to do your master’s thesis in order to complete your degree requirement and it is also helpful to you at some time in future because being a professional everyone wants to read and understand the most recent research in order to be up date in his profession. 4- Reading And Evaluating Other People’s Study: A grasp of research terminology will allow you to read and understand research articles and critically evaluate it. Rather than reading a summary of someone else’s research in a magazine, news paper, or textbook, you can read the original article your self and draw your own conclusion. 5- Understanding Brief Description Of Studies: A research method course will help you understanding abbreviated description of studies given as evidence supporting some conclusion or theory.
  • 8.
    6- Thesis isbased on Research : besides all the business related benefits of the research studies, it is also useful for your academic requirement of thesis as being compulsory for your degree 7- Making Decisions In Our Daily Lives: Besides becoming a researcher, to be an effective, participating member of 21st century one must understanding the research process in order to evaluate and act on research results. 8- Being A Better Thinker: The research methodology will also improve your thinking as it is a logical and objective method of finding answer to a question which may apply to all aspects of life. 9- Secret Of Success: “The secret of success is to know something nobody else knows” .
  • 9.
    Classification of Research Time Inquiry Application Objective Dimension Mode Basic or Cross- Exploratory Qualitative Pure sectional research research Research research Applied Explanatory Longitudinal Quantitative Research research research research Mixed Descriptive Methods research research
  • 10.
    THEORY Theoryis a standardized principle on which basis we can explain the relationship between two or more concepts or variables. PURPOSE OF THEORY Prediction and understanding are the two purpose of theory. LEVELS OF THEORY 1. Abstract level At the abstract level. Concepts and propositions are the elements of theory 2. Empirical level At the empirical level theory is concerned with variables and testable hypothesis, the empirical counterparts of concepts and propositions.
  • 11.
    More Satisfaction increasesthe Higher Temperature reduces the Motivation level Productivity Theory Satisfaction & Motivation Temperature & Productivity hard work & thirst Proposition Hypothesis Height & Weight, Honesty and success Distance & Speed Height, Weight, Motivation, thirst, concept variable Temperature, Di stance honesty, satisfac tion Abstract Empirical level level
  • 12.
    THEORY DEVELOPMENT PROCESS 1.Induction process 2. Deduction process Theory All rosebushes have thorns Deduction Induction Predicted Observation Actual Observation If I check my neighbor’s rose bushes, I notice that the five rosebushes I should find that they all have thorns in my backyard all have thorns
  • 13.
    DEDUCTION AND INDUCTION 1. Theory 2. Hypothesis 1. General Research Questions Deduction Induction 3. Data Collection 2. Data Collection 4. Findings 3. Findings 5. Hypothesis confirmed or 4. Generation of Theory rejected 6. Revision of theory
  • 14.
    Research Process 1.Select a Topic / Problem 2.Literature review 3.Research design 4.Data Collection 5. Data Preparation 6.Data Analysis 7.Discussion and Conclusion 8.Report Writing
  • 15.
    1. Select aTopic •Chose Area for research 1 (Management Sciences) •Select field of research 2 (Finance, HRM, Marketing) •Select topic of research 3 (Advertising in Marketing) •Refine topic of research 4 (Refining topic) 5 • Decide about the industry / sector
  • 16.
    You are requiredto select a research topic of your interest, develop a theoretical framework on selected topic and write down one page description for the selection of your topic. In undertaking the assignment the students are expected to justify their rationale for the Research Topic and also for selected variables.
  • 17.
    Guidelines Your one pagedescription (excluding Model and end-list references) should contain: • Topic/ Title • The Justification of the topic selection • A description of the data – definitions of the selected variables and Conceptual Model • Accuracy of Document • Font Size (12) • Heading (14 + Bold) • Sub-Heading (12 + Bold) • Font Style (Times New Roman) • Line Spacing (Single) • Alignment (Justified) • Spelling and Grammatical Accuracy • Referencing (In-text and End-list) • Minimum Words Limit (500)
  • 18.
    SUPERIOR GROUP OFCOLLEGES 18

Editor's Notes

  • #15 Data preparation and discussion should be formatted equally
  • #16 Topic is not finalized in 3rd step coz I don’t know that I m checking relationship of advertising with what. Then I will read article and then find gap then will refine topic and start researchnote: topic should be neither be to broad nor to narrow.Impact of inflation on economy Economy is broader topicHr impact on organizational performance so first analyze employee performance