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A research design precisely specifies particular means and methods through which required informations can be collected. It aids the scientist in allocation of his limited resources by posing crucial choices. The results of exploratory research are not usually useful for decision-making by themselves, but they can provide significant insight into a given situation.
A research design precisely specifies particular means and methods through which required informations can be collected. It aids the scientist in allocation of his limited resources by posing crucial choices. The results of exploratory research are not usually useful for decision-making by themselves, but they can provide significant insight into a given situation.
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A research design precisely specifies particular means and methods through which required informations can be collected. It aids the scientist in allocation of his limited resources by posing crucial choices. The results of exploratory research are not usually useful for decision-making by themselves, but they can provide significant insight into a given situation.
Drepturi de autor:
Attribution Non-Commercial (BY-NC)
Formate disponibile
Descărcați ca PPTX, PDF, TXT sau citiți online pe Scribd
design. V A research design precisely specifies particular means and methods through which required informations can be collected for structuring the research as well as seeking specific practical solutions to the problem. V O
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V As the term suggests, exploratory research is often c because a problem has not been clearly defined as yet, scope is unclear as yet. It allows the researcher to familiarize himelf/ herself with the problem or concept to be studied, an generate hypotheses to be tested. V It is the initial resear, more conclusive research is undertaken. Exploratory rese determine the best research design, data collection m< V V Another common reason for conducting exploratory research is to test concepts before they are put in the marketplace, always a very costly endeavour. V In concept testing, consumers' are provided either with a written concept or a prototype for a new, revised or repositioned product, service or strategy. V Exploratory research can be quite informal, relying on secondary research such as reviewing available literature and/or data, or qualitative approaches such as informal discussions with consumers, employees, management or competitors, and more formal approaches through in-depth interviews, focus groups, projective methods, case studies or pilot studies. V rhe results of exploratory research are not usually useful for decision-making by themselves, but they can provide significant insight into a given situation. V Although the results of qualitative research can give some indications as to the "why", "how" and "when", something occurs, it cannot tell us "how often" or "how many". In other words, the results cannot be generalized; they are not the representative of the whole population being studied. V As the term suggests, conclusive research is meant to provide information that is useful in reaching conclusions or decision-making. It tends to be quantitative in nature, that is to say, in the form of numbers that can be quantified and summarized. V It relies on both secondary data, particularly existing databases that are reanalyzed to shed light on a different problem than the original one for which they were constituted, and primary research, or data specifically gathered for the current study. V rhe purpose of conclusive research is to provide a reliable or representative picture of the population through the use of a valid research instrument. V In the case of formal research, it will also test hypothesis. V °onclusive research can be subdivided into two major categories: V Descriptive or statistical research, and V °ausal research V Descriptive studies are formal, rigid and well structured and focused in nature. rhis type of research involves the description of relationships between the number of variable factors and working out conclusions. V Descriptive study starts with specific research questions where substantial information about the research problem is known by conducting the pilot study. V rhus, descriptive research means a preconceived, formal and struhured design to seek solution to a particular problem. V rhis study can be cross-sectional or longitudinal in nature. V rhe former is concerned with the ex-post facto analysis of related and inter related variables in real life situations. rhis analysis can be done on the basis of field study and surveys. rhe cross-sectional study is the most popular and widely used technique. V It involves the collection of information from any given sample of population elements only once. V It is useful because it provides a quick snapshot of what's going on with the variables of interest for our research problem. V Descri tive studies a e undertaken in many circumstances. When the researcher is interested in knowing the characteristics of certain group such as a e sex educational level, occupation or income, a descriptive study may be necessary. V ðther cases when a descriptive study could be taken up are when he is interested in knowing the proportion of people in a given population who have behaved in a particular manner, making projections of a certain thing; or determining the relationship between two or more variables. V rhe objective of such a study is to answer the
and of V the subject under investl ation. V Descriptive studies can be divided into two broad categories-cross-sectional and ðf the two, the former type of study is more frequently used. V V °
A cross-sectional study is concerned with a sample of elements from a given population. rhus, it may deal with households, dealers, retail stores, or other entities. Data on a number of characteristics from the sample elements are collected and analysed. V °ross-sectional studies are of two types-field | | and surveys. Although the distinction between them is not clear-cut, there are some practical differences which need different techniques and skills. V ield studies are ex-post-facto scientific inquires that aim at finding the relations and inter-relations among variables in a real setting. Such studies
V V ield studies have their strengths and weaknesses. V ðne major strength is that they are close to real life, and they cannot be criticized on the ground that they are remote from real settings or are artificial. V ield studies are more socially significant than other types of study. V Another type of cross-sectional study is survey research9. A major strength of survey research is its wide scope. Detailed information can be obtained from a sample of a large population. V Besides, it is economical as more information can be collected per unit of cost. Also, it is obvious that a sample survey needs less time than a census inquiry. V Despite these advantages of survey research, it is subject to certain limitations. Generally, survey research does not penetrate below the surface as more emphasis is given to the extent of information sought rather than to an in-depth analysis. Another disadvantage is that survey research demands more time and more money, especially when it is conducted on a large scale. V It may take months before a single hypothesis can be tested, because testing can be taken up only when the entire research process from the formulation of the problem through sample design, collection of data, and their tabulation is complete. V ^
^ongitudinal studies are based on panel data and panel methods. A panel is a sample of respondents who are interviewed and then reinterviewed from time to time. Generally, panel data relate to the repeated measurements of the same variables. V Each family included in the panel, records its purchases of a number of products at regular intervals, say, weekly, monthly or quarterly. ðver a period of time, such data will reflect changes in the buying behaviour of families. V rhere are several advantages of using panel data. irst, such data enable the researcher to under-take detailed analysis. rhus, one can determine the characteristics of individuals who have changed brands and those who have not. V rhis may help the firm in identifying the segment of the population on which promotional effort should be focused. Another adviilltage of the panel is that more comprehensive data could be obtained as individuals or families included in the panel are those who have accepted to provide data periodically. V As panel members are willing persons, more data can be collected. Yet an-other advantage is that panel data have been found to be more accurate than data collected through surveys. inally, costs of data collection through panels are generally lower than through personal interviews. V A large proportion of the costs of the panel is fixed cost such as expenditure incurred on the recruitment, training and maintaining of panel members while the variable cost of collecting data from them may be moderate, particularly as the response rate will be extremely high. V rhere are certain limitations of panel data. A major criticism of panels is that they may not be representative samples. V Since panel members are expected to put in some effort in furnishing data to the research organisation, some persons chosen in the original sample may refuse to serve on panels. V