SlideShare a Scribd company logo
Introduction to Social
Research
Sufi Nouman Riaz
"The secret of success is to know something nobody
else knows. "
Aristotle
“ There are five types of companies: those
who make things happen; those who think
they make things happen; those who
watch things happen; those who wonder
what happened; and those that did not
know that any thing had happened. "
anonymous
(Research enables you to be the first company)
Objectives of this discussion
• Definition of Research
• Types of Research
• The Role of Research
• Research Process
Research Defined
• Research is defined as systematic, data based,
critical, scientific inquiry into a specific problem
that needs solution.
• Research provides the information that enables
managers to make decisions to rectify problems
• Research Methods:
Refer to the ways in which research studies are
designed and procedures are established by
which data are analyzed.
Business Research
• Research information is neither intuitive nor
haphazardly gathered.
• Literally, research (re-search) -“search again”
• Research must be objective
• Detached and impersonal rather than biased
• It facilitates the managerial decision process for all
aspects of a business.
Scientific Research
1- PURPOSIVENESS: - Research has a definite
purpose to work for.
2- RIGOR:- Carefulness and exactitude make a
research rigorous. It provides theoretical base and
carefully thought out methodology.
3-TESTABILITY:- Statistically testable hypothesis
can be generated and tested.
Scientific Research
4- REPLICABILITY :- Results should be supported and repeated
in similar settings.
5-PRECISION & CONFIDENCE:-
• Precision:- How close the findings are to “reality” exactitude and
accuracy of sample and confidence interval are made.
• Confidence :- Probability that outcome is true it is called
confidence level eg. 95%, 99% is congenial
Scientific Research
6-OBJECTIVITY:- Results are based on facts not on
emotions.
7-GENERALIZABILITY: - Applicability of findings
in one setting to other, results are valid in other
organizations as well.
8-PARSIMONY:- Simplicity in explaining the results
eg. Less Variables are identified to understand the
situation.
Information
Reduces
Uncertainty
I don’t know
if we
should
offer on-site
child care in
Campus?
Thought Process
DEDUCTION: - Process of arriving at
conclusions by interpreting the meaning of
the results of data analysis.
• The conclusion must necessarily follow from
reasons. Reasons are said to imply the
conclusion and to present a proof.
• Deduction is process by which we arrive at
reasoned conclusion by logically
generalizing from a known fact.
Theory
Hypothesis
Data collection
Findings
Hypothesis confirmed or rejected
Revision of theory
(Deductive reasoning)
Thought Process
• INDUCTION:-
• Drawing results from one or more particular
facts or pieces of evidence. (Observed facts)
• Conclusion is a hypothesis only. It is only one
explanation; there can be others as well. In
induction we have data on hand and generate
hypothesis and theory from it
• We observe a certain phenomena and on this
basis we arrive at a conclusion or we
establish a general proposition based on
observed facts
Data collection / Findings
Theory
(Inductive reasoning)
Basic research
Applied research
Business Research Types
Basic Research
• Attempts to expand the limits of knowledge.
• Not directly involved in the solution to a
pragmatic problem.
• When research is being done chiefly to improve
our understanding of certain problems that
commonly occur in organizational settings and
how to solve them. R & D department and
university professors do this. Purpose is to
improve / generate more knowledge.
Basic Research Example
• Is executive success correlated with high need for achievement?
• Are members of highly cohesive work groups more satisfied
than members of less cohesive work groups?
• Do consumers experience cognitive dissonance in low-
involvement situations?
• Is the level of job satisfaction of distance education teachers is
less than that of traditional teachers?
Applied Research
• Conducted when a decision must be made about a
specific real-life problem
• To Solve currently existing problem in the work
setting. Research is done with the intentions of
applying the results of its findings to solve specific
problem currently faced by organization. Most
organizations do this research. Usually used for
decision-making.
Applied Research Examples
• Our employee turnover has increased significantly.
We don’t know why?
• Business research told us that poor working
conditions are responsible,
• Should we promote females to managerial positions?
• Research showed women are equally competent to be
managers.
Determining When to Conduct
Business Research
• Time constraints
• Availability of data
• Nature of the decision
• Benefits versus costs
Value versus Costs
• Potential Value of a Business Research Effort Should
Exceed Its Estimated Costs
Value
•Decreased
uncertainty
•Increased likelihood
of a correct decision
•Improved business
performance and
resulting higher
profits
Costs
•Research
expenditures
•Delay of business
decision and
possible disclosure
of information to
rivals
•Possible erroneous
research results
Value Should Exceed
Estimated Costs
Research Process
Problem
Definition
(Research Question
& Objectives)
Data
Analysis &
Interpretation
Data
Collection
Research
Design
Literature
Review
Theoretical
Framework
Hypothesis
Development

More Related Content

What's hot

Positivist approach to research
Positivist approach to researchPositivist approach to research
Positivist approach to research
TanveerRazakhan2
 
Case study method in research
Case study method in researchCase study method in research
Case study method in research
Aslı Tuğçe GÜLER
 
QUALITATIVE RESEARCH PROCESS
QUALITATIVE RESEARCH PROCESSQUALITATIVE RESEARCH PROCESS
QUALITATIVE RESEARCH PROCESS
AIMS Education
 
Steps in Research-Types of research-Types of Steps in Research-Types of resea...
Steps in Research-Types of research-Types of Steps in Research-Types of resea...Steps in Research-Types of research-Types of Steps in Research-Types of resea...
Steps in Research-Types of research-Types of Steps in Research-Types of resea...
AbhishikthSandeep1
 
Research Design
Research Design Research Design
Research Design
Chetan Pawar 2829
 
Qualitative Data Analysis
Qualitative Data Analysis  Qualitative Data Analysis
Qualitative Data Analysis
Dr. Senthilvel Vasudevan
 
Ppt on research design
Ppt on research designPpt on research design
Ppt on research design
Satakshi Kaushik
 
Case study-research-method
Case study-research-methodCase study-research-method
Case study-research-method
Renu Susan Thomas
 
Ethics in Social Research.pptx
 Ethics in Social Research.pptx Ethics in Social Research.pptx
Ethics in Social Research.pptx
AWKUM
 
Research design
Research designResearch design
Research design
Jithin Thomas
 
Quantitative And Qualitative Research
Quantitative And Qualitative ResearchQuantitative And Qualitative Research
Quantitative And Qualitative Researchdoha07
 
Deciding on the research appraoch and strategy (4)
Deciding on the research appraoch and strategy (4)Deciding on the research appraoch and strategy (4)
Deciding on the research appraoch and strategy (4)
mohummad ali jinnah university
 
Different types of research ppt
Different types of research pptDifferent types of research ppt
Different types of research ppt
SWATHY M.A
 
Identification of Research Problems.pdf
Identification of Research Problems.pdfIdentification of Research Problems.pdf
Identification of Research Problems.pdf
asm071149
 
Historical Research
Historical ResearchHistorical Research
Historical Research
Hemangi Narvekar
 
Social Research: Part 1 The Scientific Method
Social Research: Part 1 The Scientific MethodSocial Research: Part 1 The Scientific Method
Social Research: Part 1 The Scientific Methodbchozinski
 
Correlational research design
Correlational research designCorrelational research design
Correlational research design
Rox Wale Equias
 
Research design ppt (1)
Research design ppt (1)Research design ppt (1)
Research design ppt (1)
manjalisingh1994
 
Primary & Secondary Data
Primary & Secondary DataPrimary & Secondary Data
Primary & Secondary Data
Amitabh Mishra
 

What's hot (20)

Positivist approach to research
Positivist approach to researchPositivist approach to research
Positivist approach to research
 
Case study method in research
Case study method in researchCase study method in research
Case study method in research
 
QUALITATIVE RESEARCH PROCESS
QUALITATIVE RESEARCH PROCESSQUALITATIVE RESEARCH PROCESS
QUALITATIVE RESEARCH PROCESS
 
Steps in Research-Types of research-Types of Steps in Research-Types of resea...
Steps in Research-Types of research-Types of Steps in Research-Types of resea...Steps in Research-Types of research-Types of Steps in Research-Types of resea...
Steps in Research-Types of research-Types of Steps in Research-Types of resea...
 
Research Design
Research Design Research Design
Research Design
 
Qualitative Data Analysis
Qualitative Data Analysis  Qualitative Data Analysis
Qualitative Data Analysis
 
Ppt on research design
Ppt on research designPpt on research design
Ppt on research design
 
Case study-research-method
Case study-research-methodCase study-research-method
Case study-research-method
 
Ethics in Social Research.pptx
 Ethics in Social Research.pptx Ethics in Social Research.pptx
Ethics in Social Research.pptx
 
Research design
Research designResearch design
Research design
 
Theory and Research
Theory and ResearchTheory and Research
Theory and Research
 
Quantitative And Qualitative Research
Quantitative And Qualitative ResearchQuantitative And Qualitative Research
Quantitative And Qualitative Research
 
Deciding on the research appraoch and strategy (4)
Deciding on the research appraoch and strategy (4)Deciding on the research appraoch and strategy (4)
Deciding on the research appraoch and strategy (4)
 
Different types of research ppt
Different types of research pptDifferent types of research ppt
Different types of research ppt
 
Identification of Research Problems.pdf
Identification of Research Problems.pdfIdentification of Research Problems.pdf
Identification of Research Problems.pdf
 
Historical Research
Historical ResearchHistorical Research
Historical Research
 
Social Research: Part 1 The Scientific Method
Social Research: Part 1 The Scientific MethodSocial Research: Part 1 The Scientific Method
Social Research: Part 1 The Scientific Method
 
Correlational research design
Correlational research designCorrelational research design
Correlational research design
 
Research design ppt (1)
Research design ppt (1)Research design ppt (1)
Research design ppt (1)
 
Primary & Secondary Data
Primary & Secondary DataPrimary & Secondary Data
Primary & Secondary Data
 

Similar to Introduction to Social Research (Business Research) Lecture # 1

business research slideCh01 introduction
business research slideCh01 introductionbusiness research slideCh01 introduction
business research slideCh01 introductionMohsin Shakoor
 
chap 1 Project Management.ppt
chap 1 Project Management.pptchap 1 Project Management.ppt
chap 1 Project Management.ppt
sheikhInayat5
 
1.lecture 1 introduction to business research method
1.lecture 1 introduction to business research method1.lecture 1 introduction to business research method
1.lecture 1 introduction to business research method
Nazrin Nazdri
 
1 complete research
1 complete research1 complete research
1 complete research
Hemant Kumar
 
Research_Ch2.pptx
Research_Ch2.pptxResearch_Ch2.pptx
Research_Ch2.pptx
MonaHashim6
 
Unit 1 RMM.pptx
Unit 1 RMM.pptxUnit 1 RMM.pptx
Unit 1 RMM.pptx
Pradeep513562
 
business research methods 1 introduction
business research methods 1 introductionbusiness research methods 1 introduction
business research methods 1 introduction
daniyarehan2
 
Presentation on research methodologies
Presentation on research methodologiesPresentation on research methodologies
Presentation on research methodologiesBilal Naqeeb
 
Chapter 2 SCIENTIFIC INVESTIGATION
Chapter 2 SCIENTIFIC  INVESTIGATION Chapter 2 SCIENTIFIC  INVESTIGATION
Chapter 2 SCIENTIFIC INVESTIGATION
Nardin A
 
Business research methods
Business research methodsBusiness research methods
Business research methodsSaeed Akbar
 
Chapter 2.pptx
Chapter 2.pptxChapter 2.pptx
Chapter 2.pptx
SaraKhan370410
 
Chapter 2.pptx
Chapter 2.pptxChapter 2.pptx
Chapter 2.pptx
SaraKhan370410
 
BRM Revision.pdf
BRM Revision.pdfBRM Revision.pdf
BRM Revision.pdf
madhu928426
 
Module 1.ppt
Module 1.pptModule 1.ppt
Module 1.ppt
Mallika N
 
Ch # 2 brm
Ch # 2 brmCh # 2 brm
Ch # 2 brm
Hekmatullah Samsor
 
BRM Chapter 1.ppt
BRM Chapter 1.pptBRM Chapter 1.ppt
BRM Chapter 1.ppt
RajjaRashad1
 
2. scientific investigation
2. scientific investigation2. scientific investigation
2. scientific investigationragucmb
 
Business research method
Business research methodBusiness research method
Business research method
Gourav Sisodia
 
Unit 1-introduction-Business Research Methods -Dr. Thulasi Krishna
Unit 1-introduction-Business Research Methods -Dr. Thulasi KrishnaUnit 1-introduction-Business Research Methods -Dr. Thulasi Krishna
Unit 1-introduction-Business Research Methods -Dr. Thulasi Krishna
Madanapalle Institute of Technology & Science
 

Similar to Introduction to Social Research (Business Research) Lecture # 1 (20)

business research slideCh01 introduction
business research slideCh01 introductionbusiness research slideCh01 introduction
business research slideCh01 introduction
 
chap 1 Project Management.ppt
chap 1 Project Management.pptchap 1 Project Management.ppt
chap 1 Project Management.ppt
 
1.lecture 1 introduction to business research method
1.lecture 1 introduction to business research method1.lecture 1 introduction to business research method
1.lecture 1 introduction to business research method
 
1 complete research
1 complete research1 complete research
1 complete research
 
Research_Ch2.pptx
Research_Ch2.pptxResearch_Ch2.pptx
Research_Ch2.pptx
 
Unit 1 RMM.pptx
Unit 1 RMM.pptxUnit 1 RMM.pptx
Unit 1 RMM.pptx
 
business research methods 1 introduction
business research methods 1 introductionbusiness research methods 1 introduction
business research methods 1 introduction
 
RESEARCH METHODS LESSON 1
RESEARCH METHODS LESSON 1RESEARCH METHODS LESSON 1
RESEARCH METHODS LESSON 1
 
Presentation on research methodologies
Presentation on research methodologiesPresentation on research methodologies
Presentation on research methodologies
 
Chapter 2 SCIENTIFIC INVESTIGATION
Chapter 2 SCIENTIFIC  INVESTIGATION Chapter 2 SCIENTIFIC  INVESTIGATION
Chapter 2 SCIENTIFIC INVESTIGATION
 
Business research methods
Business research methodsBusiness research methods
Business research methods
 
Chapter 2.pptx
Chapter 2.pptxChapter 2.pptx
Chapter 2.pptx
 
Chapter 2.pptx
Chapter 2.pptxChapter 2.pptx
Chapter 2.pptx
 
BRM Revision.pdf
BRM Revision.pdfBRM Revision.pdf
BRM Revision.pdf
 
Module 1.ppt
Module 1.pptModule 1.ppt
Module 1.ppt
 
Ch # 2 brm
Ch # 2 brmCh # 2 brm
Ch # 2 brm
 
BRM Chapter 1.ppt
BRM Chapter 1.pptBRM Chapter 1.ppt
BRM Chapter 1.ppt
 
2. scientific investigation
2. scientific investigation2. scientific investigation
2. scientific investigation
 
Business research method
Business research methodBusiness research method
Business research method
 
Unit 1-introduction-Business Research Methods -Dr. Thulasi Krishna
Unit 1-introduction-Business Research Methods -Dr. Thulasi KrishnaUnit 1-introduction-Business Research Methods -Dr. Thulasi Krishna
Unit 1-introduction-Business Research Methods -Dr. Thulasi Krishna
 

More from Sufi Nouman Riaz

Best Specializations in MBA
Best Specializations in MBABest Specializations in MBA
Best Specializations in MBA
Sufi Nouman Riaz
 
Thematic analysis in qualitative research Explained with Example
Thematic analysis in qualitative research Explained with ExampleThematic analysis in qualitative research Explained with Example
Thematic analysis in qualitative research Explained with Example
Sufi Nouman Riaz
 
ON PAGE SEO || Keyword Research
ON PAGE SEO || Keyword ResearchON PAGE SEO || Keyword Research
ON PAGE SEO || Keyword Research
Sufi Nouman Riaz
 
How to create a WordPress Website / Blog
How to create a WordPress Website / BlogHow to create a WordPress Website / Blog
How to create a WordPress Website / Blog
Sufi Nouman Riaz
 
Health and Education System of China
Health and Education System of ChinaHealth and Education System of China
Health and Education System of China
Sufi Nouman Riaz
 
Governance System of China
Governance System of ChinaGovernance System of China
Governance System of China
Sufi Nouman Riaz
 
Communist party of china, its structure and how does it work
Communist party of china, its structure and how does it workCommunist party of china, its structure and how does it work
Communist party of china, its structure and how does it work
Sufi Nouman Riaz
 
Brief introduction to history of china and its administrative divisions
Brief introduction to history of china and its administrative divisionsBrief introduction to history of china and its administrative divisions
Brief introduction to history of china and its administrative divisions
Sufi Nouman Riaz
 
Online Earning - On Demand Economy - Freelancer Ship -lec 01
Online Earning - On Demand Economy - Freelancer Ship -lec 01Online Earning - On Demand Economy - Freelancer Ship -lec 01
Online Earning - On Demand Economy - Freelancer Ship -lec 01
Sufi Nouman Riaz
 
Critical review on punjab youth policy (2012)
Critical review on punjab youth policy (2012)Critical review on punjab youth policy (2012)
Critical review on punjab youth policy (2012)
Sufi Nouman Riaz
 
Impact of Motivation on Job Performance in Public Sector By Nouman, Khurram a...
Impact of Motivation on Job Performance in Public Sector By Nouman, Khurram a...Impact of Motivation on Job Performance in Public Sector By Nouman, Khurram a...
Impact of Motivation on Job Performance in Public Sector By Nouman, Khurram a...
Sufi Nouman Riaz
 
Basic concepts in chemistry
Basic concepts in chemistryBasic concepts in chemistry
Basic concepts in chemistry
Sufi Nouman Riaz
 
Law and Parliamentary affairs department, punjab.
Law and Parliamentary affairs department, punjab.Law and Parliamentary affairs department, punjab.
Law and Parliamentary affairs department, punjab.
Sufi Nouman Riaz
 
Job analysis and performance evaluation- JAPEA
Job analysis and performance evaluation- JAPEAJob analysis and performance evaluation- JAPEA
Job analysis and performance evaluation- JAPEA
Sufi Nouman Riaz
 
Strategic Human Resource Management.
Strategic Human Resource Management.Strategic Human Resource Management.
Strategic Human Resource Management.
Sufi Nouman Riaz
 
Electrical substation (grid station)
Electrical substation (grid station)Electrical substation (grid station)
Electrical substation (grid station)
Sufi Nouman Riaz
 
Return on Training Investment.
Return on Training Investment.Return on Training Investment.
Return on Training Investment.
Sufi Nouman Riaz
 
Global Strategy (MNC's in China, Russia , UK, Srilanka)
Global Strategy (MNC's in China, Russia , UK, Srilanka)Global Strategy (MNC's in China, Russia , UK, Srilanka)
Global Strategy (MNC's in China, Russia , UK, Srilanka)
Sufi Nouman Riaz
 
Compensation plan for a small hospital (csd project)
Compensation plan for a small hospital (csd project)Compensation plan for a small hospital (csd project)
Compensation plan for a small hospital (csd project)
Sufi Nouman Riaz
 
Business intelligence and global access through e marketing
Business intelligence and global access through e marketingBusiness intelligence and global access through e marketing
Business intelligence and global access through e marketing
Sufi Nouman Riaz
 

More from Sufi Nouman Riaz (20)

Best Specializations in MBA
Best Specializations in MBABest Specializations in MBA
Best Specializations in MBA
 
Thematic analysis in qualitative research Explained with Example
Thematic analysis in qualitative research Explained with ExampleThematic analysis in qualitative research Explained with Example
Thematic analysis in qualitative research Explained with Example
 
ON PAGE SEO || Keyword Research
ON PAGE SEO || Keyword ResearchON PAGE SEO || Keyword Research
ON PAGE SEO || Keyword Research
 
How to create a WordPress Website / Blog
How to create a WordPress Website / BlogHow to create a WordPress Website / Blog
How to create a WordPress Website / Blog
 
Health and Education System of China
Health and Education System of ChinaHealth and Education System of China
Health and Education System of China
 
Governance System of China
Governance System of ChinaGovernance System of China
Governance System of China
 
Communist party of china, its structure and how does it work
Communist party of china, its structure and how does it workCommunist party of china, its structure and how does it work
Communist party of china, its structure and how does it work
 
Brief introduction to history of china and its administrative divisions
Brief introduction to history of china and its administrative divisionsBrief introduction to history of china and its administrative divisions
Brief introduction to history of china and its administrative divisions
 
Online Earning - On Demand Economy - Freelancer Ship -lec 01
Online Earning - On Demand Economy - Freelancer Ship -lec 01Online Earning - On Demand Economy - Freelancer Ship -lec 01
Online Earning - On Demand Economy - Freelancer Ship -lec 01
 
Critical review on punjab youth policy (2012)
Critical review on punjab youth policy (2012)Critical review on punjab youth policy (2012)
Critical review on punjab youth policy (2012)
 
Impact of Motivation on Job Performance in Public Sector By Nouman, Khurram a...
Impact of Motivation on Job Performance in Public Sector By Nouman, Khurram a...Impact of Motivation on Job Performance in Public Sector By Nouman, Khurram a...
Impact of Motivation on Job Performance in Public Sector By Nouman, Khurram a...
 
Basic concepts in chemistry
Basic concepts in chemistryBasic concepts in chemistry
Basic concepts in chemistry
 
Law and Parliamentary affairs department, punjab.
Law and Parliamentary affairs department, punjab.Law and Parliamentary affairs department, punjab.
Law and Parliamentary affairs department, punjab.
 
Job analysis and performance evaluation- JAPEA
Job analysis and performance evaluation- JAPEAJob analysis and performance evaluation- JAPEA
Job analysis and performance evaluation- JAPEA
 
Strategic Human Resource Management.
Strategic Human Resource Management.Strategic Human Resource Management.
Strategic Human Resource Management.
 
Electrical substation (grid station)
Electrical substation (grid station)Electrical substation (grid station)
Electrical substation (grid station)
 
Return on Training Investment.
Return on Training Investment.Return on Training Investment.
Return on Training Investment.
 
Global Strategy (MNC's in China, Russia , UK, Srilanka)
Global Strategy (MNC's in China, Russia , UK, Srilanka)Global Strategy (MNC's in China, Russia , UK, Srilanka)
Global Strategy (MNC's in China, Russia , UK, Srilanka)
 
Compensation plan for a small hospital (csd project)
Compensation plan for a small hospital (csd project)Compensation plan for a small hospital (csd project)
Compensation plan for a small hospital (csd project)
 
Business intelligence and global access through e marketing
Business intelligence and global access through e marketingBusiness intelligence and global access through e marketing
Business intelligence and global access through e marketing
 

Recently uploaded

Mastering B2B Payments Webinar from BlueSnap
Mastering B2B Payments Webinar from BlueSnapMastering B2B Payments Webinar from BlueSnap
Mastering B2B Payments Webinar from BlueSnap
Norma Mushkat Gaffin
 
Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024
Kirill Klimov
 
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.docBài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc
daothibichhang1
 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
LR1709MUSIC
 
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBdCree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
creerey
 
3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx
tanyjahb
 
Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...
dylandmeas
 
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdfikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
agatadrynko
 
An introduction to the cryptocurrency investment platform Binance Savings.
An introduction to the cryptocurrency investment platform Binance Savings.An introduction to the cryptocurrency investment platform Binance Savings.
An introduction to the cryptocurrency investment platform Binance Savings.
Any kyc Account
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
SynapseIndia
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
Adam Smith
 
Authentically Social Presented by Corey Perlman
Authentically Social Presented by Corey PerlmanAuthentically Social Presented by Corey Perlman
Authentically Social Presented by Corey Perlman
Corey Perlman, Social Media Speaker and Consultant
 
Improving profitability for small business
Improving profitability for small businessImproving profitability for small business
Improving profitability for small business
Ben Wann
 
Buy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star ReviewsBuy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star Reviews
usawebmarket
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
Aurelien Domont, MBA
 
BeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdfBeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdf
DerekIwanaka1
 
Cracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptxCracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptx
Workforce Group
 
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n PrintAffordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Navpack & Print
 
amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05
marketing317746
 
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
dylandmeas
 

Recently uploaded (20)

Mastering B2B Payments Webinar from BlueSnap
Mastering B2B Payments Webinar from BlueSnapMastering B2B Payments Webinar from BlueSnap
Mastering B2B Payments Webinar from BlueSnap
 
Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024
 
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.docBài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc
 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
 
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBdCree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
 
3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx
 
Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...
 
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdfikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
 
An introduction to the cryptocurrency investment platform Binance Savings.
An introduction to the cryptocurrency investment platform Binance Savings.An introduction to the cryptocurrency investment platform Binance Savings.
An introduction to the cryptocurrency investment platform Binance Savings.
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
 
Authentically Social Presented by Corey Perlman
Authentically Social Presented by Corey PerlmanAuthentically Social Presented by Corey Perlman
Authentically Social Presented by Corey Perlman
 
Improving profitability for small business
Improving profitability for small businessImproving profitability for small business
Improving profitability for small business
 
Buy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star ReviewsBuy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star Reviews
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
 
BeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdfBeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdf
 
Cracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptxCracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptx
 
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n PrintAffordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n Print
 
amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05
 
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
 

Introduction to Social Research (Business Research) Lecture # 1

  • 2. "The secret of success is to know something nobody else knows. " Aristotle
  • 3. “ There are five types of companies: those who make things happen; those who think they make things happen; those who watch things happen; those who wonder what happened; and those that did not know that any thing had happened. " anonymous (Research enables you to be the first company)
  • 4. Objectives of this discussion • Definition of Research • Types of Research • The Role of Research • Research Process
  • 5. Research Defined • Research is defined as systematic, data based, critical, scientific inquiry into a specific problem that needs solution. • Research provides the information that enables managers to make decisions to rectify problems • Research Methods: Refer to the ways in which research studies are designed and procedures are established by which data are analyzed.
  • 6. Business Research • Research information is neither intuitive nor haphazardly gathered. • Literally, research (re-search) -“search again” • Research must be objective • Detached and impersonal rather than biased • It facilitates the managerial decision process for all aspects of a business.
  • 7. Scientific Research 1- PURPOSIVENESS: - Research has a definite purpose to work for. 2- RIGOR:- Carefulness and exactitude make a research rigorous. It provides theoretical base and carefully thought out methodology. 3-TESTABILITY:- Statistically testable hypothesis can be generated and tested.
  • 8. Scientific Research 4- REPLICABILITY :- Results should be supported and repeated in similar settings. 5-PRECISION & CONFIDENCE:- • Precision:- How close the findings are to “reality” exactitude and accuracy of sample and confidence interval are made. • Confidence :- Probability that outcome is true it is called confidence level eg. 95%, 99% is congenial
  • 9. Scientific Research 6-OBJECTIVITY:- Results are based on facts not on emotions. 7-GENERALIZABILITY: - Applicability of findings in one setting to other, results are valid in other organizations as well. 8-PARSIMONY:- Simplicity in explaining the results eg. Less Variables are identified to understand the situation.
  • 10. Information Reduces Uncertainty I don’t know if we should offer on-site child care in Campus?
  • 11. Thought Process DEDUCTION: - Process of arriving at conclusions by interpreting the meaning of the results of data analysis. • The conclusion must necessarily follow from reasons. Reasons are said to imply the conclusion and to present a proof. • Deduction is process by which we arrive at reasoned conclusion by logically generalizing from a known fact.
  • 12. Theory Hypothesis Data collection Findings Hypothesis confirmed or rejected Revision of theory (Deductive reasoning)
  • 13. Thought Process • INDUCTION:- • Drawing results from one or more particular facts or pieces of evidence. (Observed facts) • Conclusion is a hypothesis only. It is only one explanation; there can be others as well. In induction we have data on hand and generate hypothesis and theory from it • We observe a certain phenomena and on this basis we arrive at a conclusion or we establish a general proposition based on observed facts
  • 14. Data collection / Findings Theory (Inductive reasoning)
  • 16. Basic Research • Attempts to expand the limits of knowledge. • Not directly involved in the solution to a pragmatic problem. • When research is being done chiefly to improve our understanding of certain problems that commonly occur in organizational settings and how to solve them. R & D department and university professors do this. Purpose is to improve / generate more knowledge.
  • 17. Basic Research Example • Is executive success correlated with high need for achievement? • Are members of highly cohesive work groups more satisfied than members of less cohesive work groups? • Do consumers experience cognitive dissonance in low- involvement situations? • Is the level of job satisfaction of distance education teachers is less than that of traditional teachers?
  • 18. Applied Research • Conducted when a decision must be made about a specific real-life problem • To Solve currently existing problem in the work setting. Research is done with the intentions of applying the results of its findings to solve specific problem currently faced by organization. Most organizations do this research. Usually used for decision-making.
  • 19. Applied Research Examples • Our employee turnover has increased significantly. We don’t know why? • Business research told us that poor working conditions are responsible, • Should we promote females to managerial positions? • Research showed women are equally competent to be managers.
  • 20. Determining When to Conduct Business Research • Time constraints • Availability of data • Nature of the decision • Benefits versus costs
  • 21. Value versus Costs • Potential Value of a Business Research Effort Should Exceed Its Estimated Costs
  • 22. Value •Decreased uncertainty •Increased likelihood of a correct decision •Improved business performance and resulting higher profits Costs •Research expenditures •Delay of business decision and possible disclosure of information to rivals •Possible erroneous research results Value Should Exceed Estimated Costs
  • 23. Research Process Problem Definition (Research Question & Objectives) Data Analysis & Interpretation Data Collection Research Design Literature Review Theoretical Framework Hypothesis Development