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QUE2a. HOW DO YOU EVOLVE RESEARCH DESIGN FOR EXPLORATORY RESEARCH. BRIEFLY ANALYSE. Answer: a.

Research design in case of exploratory research studies Exploratory research studies are also termed as formulative research studies. The main purpose of such studies is that of formulating a problem for more precise investigation or of developing the working hypothesis from an operational point of view. The major emphasis in such studies is on the discovery of ideas and insights. As such the researchdesign appropriate for such studies must be flexible enough to provide opportunity for considering different aspects of a problem under study. Inbuilt flexibility in research design is needed because the research problem, broadly defined initially, is transformed into one with more precise meaning in exploratory studies, which fact may necessitate changes in the research procedure for gathering relevant data. Generally, the following three methods in the context of research design for such studies are talked about: 1. The survey of concerning literature happens to be the most simple and fruitful method of formulating precisely the research problem or developing hypothesis. Hypothesis stated by earlier workers may be reviewed and their usefulness be evaluated as a basis for further research. It may also be considered whether the already stated hypothesis suggests new hypothesis. In this way the researcher should review and build upon the work already done by others, but in cases where hypothesis have not yet been formulated, his task is to review the available material for deriving the relevant hypothesis from it. Besides, the bibliographical survey of studies, already made in ones area of interest may as well as made by the researcher for precisely formulating theproblem. He should also make an attempt to apply concepts and theories developed in different research contexts to the area in which he is himself working. Sometimes the works of creative writers also provide a fertile ground for hypothesis formulation as such may be looked into by the researcher. 2. Experience survey means the survey of people who have had practical experience with the problem to be studied. The object of such a survey is to obtain insight into the relationships between variables and new ideas relating to the research problem. For such a survey, people who are competent and can contribute new ideas may be carefully selected as respondents to ensure a representation of different types of experience. The respondents so selected may then be interviewed by the investigator. The researcher must prepare an interview schedule for the systematic questioning of informants. But the interview must ensure flexibility in the sense that the respondents should be allowed to raise issues and questions which the investigator has not previously considered.Generally, the experience of collecting interview is likely to be long and may last for few hours. Hence, it is often considered desirable to send a copy of the questions to be discussed to the respondents well in advance. This will also give an opportunity to the respondents for doing some advance thinking over the various issues involved so that, at the time of interview, they may be able to contribute effectively. Thus, an experience survey may enable the researcher to define theproblem more concisely and help in the formulation of the research hypothesis. This, survey may as well provide information about the practical possibilities for doing different types of research.

3. Analyses of insight-stimulating examples are also a fruitful method for suggesting hypothesis for research. It is particularly suitable in areas where there is little experience to serve as a guide. This method consists of the intensive study of selected instance of the phenomenon in which one is interested. For this purpose the existing records, if nay, may be examined, the unstructured interviewing may take place, or some other approach may be adopted. Attitude of the investigator, the intensity of the study and the ability of the researcher to draw together diverse information into a unified interpretation are the main features which make this method an appropriateprocedure for evoking insights. Now, what sorts of examples are to be selected and studied? There is no clear cut answer to it. Experience indicates that for particular problems certain types of instances are more appropriate than others. One can mention few examples of insight-stimulating cases such as the reactions of strangers, the reactions of marginal individuals, the study of individuals who are in transition from one stage to another, the reactions of individuals from different social strata and the like. In general, cases that provide sharp contrasts or have striking features are considered relatively more useful while adopting this method of hypothesis formulation. Thus, in an exploratory of formulative research study which merely leads to insights or hypothesis, whatever method or researchdesign outlined above is adopted, the only thing essential is that it must continue to remain flexible so that many different facets of aproblem may be considered as and when they arise and come to the notice of the researcher.

QUE-1MB0050 WHY SHOULD A MANAGER KNOW ABUT RESEARCH WHEN THE JOB ENTAILS MANAGING PEOPLE,PRODUCTS,EVENTS,ENVIRONMENTS AND THE LIKE Answer: The manager, while managing people, products, events, and environments will invariably face problems, big and small, and will have to seek ways to find long lasting effective solutions. This can be achieved only through knowledge of research even if consultants are engaged to solve problems. The primary purpose for applied research (as opposed to basic research) is discovering, interpreting, and the development of methods and systems for the advancement of human knowledge on a wide variety of scientific matters of our world and the universe. Research can use the scientific method, but need not do so. The goal of the research process is to produce new knowledge, which takes three main forms (although, as previously discussed, the boundaries between them may be fuzzy): Exploratory research, which structures and identifies new problems Constructive research, which develops solutions to a problem Empirical research, which tests the feasibility of a solution using empirical evidence The research room at the New York Public Library, an example of secondary research in progress. Research can also fall into two distinct types: Primary research Secondary research

In social sciences and later in other disciplines, the following two research methods can be applied, depending on the properties of the subject matter and on the objective of the research: Qualitative research Quantitative research Research is often conducted using the hourglass model Structure of Research. The hourglass model starts with a broad spectrum for research, focusing in on the required information through the methodology of the project (like the neck of the hourglass), then expands the research in the form of discussion and results. Research and development is nowadays of great importance in business as the level of competition, production processes and methods are rapidly increasing. It is of special importance in the field of marketing where companies keep an eagle eye on competitors and customers in order to keep pace with modern trends and analyze the needs, demands and desires of their customers. Unfortunately, research and development are very difficult to manage, since the defining feature of research is that the researchers do not know in advance exactly how to accomplish the desired result. As a result, higher R&D spending does not guarantee "more creativity, higher profit or a greater market share. 3B ANALYSE MULTY STAGE AND SEQUENTIAL SAMPLING.

Answer: b. Multi-stage sampling is carried out in two or more stages. The population is regarded as being composed of a number of second stage units and so forth. That is, at each stage, a sampling unit is a cluster of the sampling units of the subsequent stage. Sequential sampling: Double sampling refers to the subsection of the final sample form a preselected larger sample that provided information for improving the final selection. When the procedure is extended to more than two phases of selection, it is then, called multi-phase sampling. This is also known as sequential sampling, as sub-sampling is done from a main sample in phases. Double sampling or multiphase sampling is a compromise solution for a dilemma posed by undesirable extremes. The statistics based on the sample of n can be improved by using ancillary information from a wide base: but this is too costly to obtain from the entire population of N elements. Instead, information is obtained from a larger preliminary sample nL which includes the final sample n. Q3A DIFFERENTIATE BET CENCUS SUSURVEY AND SAMPLING SURVEY Answer: a. A part of the population is known as sample. The method consisting of the selecting for study, a portion of the universe with a view to draw conclusions about the universe or population is known as sampling. A statistical sample ideally purports to be a miniature model or replica of the collectivity or the population constituted of all the items that the study should principally encompass, that is, the items which potentially hold promise of affording information relevant to the purpose of a given research. Sampling

helps in time and cost saving. It also helps in checking their accuracy. But on the other hand it demands exercise of great care caution; otherwise the results obtained may be incorrect or misleading. Sampling is opted when the amount of money budgeted is smaller than the anticipated cost of census survey. The decision regarding census or sampling depends upon the budget of the study. Sampling is opted when the amount of money budgeted is smaller than the anticipated cost of census survey. The extent of facilities available staff, access to computer facility and accessibility topopulation elements - is another factor to be considered in deciding to sample or not. In the case of a homogenous population, even a simple random sampling will give a representative sample. If the population is heterogeneous, stratified random sampling is appropriate

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Mb0050 Q3.b. Analyze multi-stage and sequential sampling.


Answer: b. Multi-stage sampling is carried out in two or more stages. The population is regarded as being composed of a number of second stage units and so forth. That is, at each stage, a sampling unit is a cluster of the sampling units of the subsequent stage. Sequential sampling: Double sampling refers to the subsection of the final sample form a preselected larger sample that provided information for improving the final selection. When the procedure is extended to more Read Full Answer ... 0 comments Labels: MB0050, Semester 3

MB0050 Q 3. A. Differentiate between Census survey and Sample Survey.


Answer: a. A part of the population is known as sample. The method consisting of the selecting for study, a portion of the universe with a view to draw conclusions about the universe or population is known assampling. A statistical sample ideally purports to be a miniature model or replica of the collectivity or the population constituted of all the items that the study should principally encompass, that is, the items which Read Full Answer ... 0 comments Labels: MB0050, Semester 3

MB0050 Q2.b. Briefly explain Independent dependent and extraneous variables in a research design.
Answer: b. Dependent and Independent variables: A magnitude that varies is known as a variable. The concept may assume different quantitative values, like height, weight, income, etc. Qualitative variables are not quantifiable in the strictest sense of objectivity. However, the qualitative phenomena may also be quantified in terms of the presence or absence of the attribute considered. Phenomena that assume different

Read Full Answer ... 0 comments Labels: MB0050, Semester 3

MB0050 Q1. Why should a manger know about research when the job entails managing people, products, events, environments, and the like?
Answer: The manager, while managing people, products, events, and environments will invariably face problems, big and small, and will have to seek ways to find long lasting effective solutions. This can be achieved only through knowledge of research even if consultants are engaged to solve problems. The primary purpose for applied research (as opposed to basic research) is discovering, interpreting, and the Read Full Answer ... 0 comments Labels: MB0050, Semester 3

MB0050 Research Methodology- Feb Drive 2011


Answer coming soon... MBA SEMESTER III MB0050 Research Methodology- 4 Credits (Book ID: B1206) Assignment Set- 1 (60 Marks) Note: Each question carries 10 Marks. Answer all the questions Q 1. Why should a manger know about research when the job entails managing people, products, events, environments, and the like? [10 Marks] Q 2. a. How do you evolve research design for exploratory research? Briefly analyze. [5 marks]. b. Briefly explain Independent dependent and extraneous variables in a research design. [5 Marks] Q 3. A. Differentiate between Census survey and Sample Survey. [5 Marks] b. Analyze multi-stage and sequential sampling. [5 Marks] Q 4. List down various measures of central tendency and explain the difference between them? [10 marks]. Q.5. Select any topic for research and explain how you will use both secondary and primary sources to gather the required information. [10 marks]

Q 6. a. Explain the role of Graphs and Diagrams? [5 Marks] b. What are the Types and General rules for graphical representation of data?[5 Marks]

Feb Drive 2011 MBA SEMESTER III MB0034 MB0050 Research Methodology- 4 Credits (Book ID: B1206) Assignment Set- 2 (60 Marks) Note: Each question carries 10 Marks. Answer all the questions Q 1. What is questionnaire? Discuss the main points that you will take into account while drafting a questionnaire? [10 marks]. Q 2. What do you mean by primary data? What are the various methods of collecting primary data? [10 marks]. Q 3.a. Analyze the case study and descriptive approach to research. [5 marks]. b. Distinguish between research methods & research Methodology. [5 Marks] Q 4. Explain the important concepts in Research design? [10 Marks] Q 5. What are the differences between observation and interviewing as methods of data collection? Give two specific examples of situations where either observation or interviewing would be more appropriate. [10 marks]. Q 6.Strictly speaking, would case studies be considered as scientific research? Why or why not? [10 marks].

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