Module 1: Introduction To Business Research Learning Outcomes
Module 1: Introduction To Business Research Learning Outcomes
Module 1: Introduction To Business Research Learning Outcomes
Learning Outcomes:
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the details of their services and functions rendered to employees. The researcher will compare
the results of the study and will have to come up with various levels of analysis.
1. Conclusive (for quantitative business research) – designed to help managers make decisions
based on the information provided by business research. Through it, the manager or decision
maker makes informed decisions. Informed decisions rely on researched information as basis
for making decisions. Conclusive research can be applied through descriptive research,
correlational research, causal research, or a combination of descriptive research with
correlational or causal research.
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c) Causal research – is a kind of quantitative research that hypothesizes the cause and effect
of variables. It is intended to address the complicated relationships of variables. It uses
multivariate tools like covariance-based structural equation modeling (CB-SEM) or partial
least squares structural equation modeling (PLS-SEM).
2. Exploratory (for qualitative business research) – is designed to find more information about
the problem, issue, or phenomenon. It is also intended to reduce the research options to a
manageable size. Exploratory research can be applied through depth interview, focus group
discussion, and ethnographic research.
b) Focus group discussion (FGD) – is a kind of exploratory research where the researcher
solicits ideas about a particular topic or problem from the target respondents. The
researcher selects around 10–12 respondents (representing the population) in one area
and serves as the facilitator. The researcher asks questions to the respondents and allows
them to process the questions, while recording it for documentation purposes. There
must be some identifier for the respondents (but not the name of the respondent) for
purposes of documentation. The raw transcript is summarized and used as basis for
qualifying a particular concern (e.g., a product, idea, or variable) in the quantitative
research.
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3) If the observation is successful, could the researcher interpret the observed behavior? In
this regard, we need experts like a psychologist to interpret perception, motivation, etc.;
we need a sociologist to interpret social behavior; and we need an anthropologist to
interpret culture and symbols.
3. Business case analysis – involves the study of a particular company, group, or person
through personal interviews and published literature. The personality of those involved in the
case (company officers or personnel) is reflected and discussed in the case to make it
interesting. The case is written for purposes of class discussion. The case is intended to elicit
the students’ participation by applying whatever concepts they have learned from the
business courses they have taken. It cannot be generalized as it is about a particular company
only.
1. For quantitative basic business research, it must be grounded on theory and empirically
verifiable, especially if the research model is confirmatory in nature, where the findings
should validate the variables of the theory; if it is exploratory in nature and no existing
theory is available, then some valid explanation would suffice, but subject to hypothesis
testing and more empirical testing (to avoid accidental generalization).
2. It must contribute to the advancement of knowledge in business and management.
3. It results in scientific knowledge that is ethically neutral (not offensive).
4. For qualitative basic business research, the observation could be interpreted by the experts
(psychologist, sociologist, or anthropologist). Their interpretation serves as the basis for the
managers to understand the customers to pave the way for a correct strategy.
In general, the format for basic business research is still based on the traditional format,
which is known as Format A. Format A has five chapters. The American Psychological
Association (APA) has come up with its format called Format B. Format B, meanwhile, has four
chapters. The chapters 1 and 2 in format A are merged into one chapter in format B; that is why
it is comprised of four chapters only. Some schools are also modifying the research format to
suit their specific research requirements.
There is no standard format for applied research. It still incorporates some chapters and
components of the traditional format, but it is much more simplified to suit the needs of the
clients. In addition, the institutional format of the university has to be observed by the
students.
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Reference:
Business Research with Statistical Applications
Danilo M. Te, DBA, *Divina V. Sabanal, DBM, *Jovelyn A. Castro, LPT, DM * Christhoffer P.
Lelis, LPT, PhD