Chapter 3
Chapter 3
Chapter 3
Methodology
This section provides the research methodology considering the purpose of this research project.
It includes the type of research, the objective of study as well as the research method. Moreover,
the method for data collection, sample selection is discussed.
Descriptive Studies
Descriptive studies aim at portraying “an accurate profile of persons, events or situations”. They
can be considered as extensions or forerunners to either exploratory or explanatory studies.
According to Saunders et al. (2007) it is important to have a clear understanding of the
phenomena that one wants to collect data on. However, they criticize the fact that descriptive
studies often lack conclusions from the data obtained and that they are too descriptive.
To identify the elements, which should be highlighted while design the packaging.
Sampling Method
When doing a research study, we should consider the sample to be representative to the target
population, as much as possible, with the least possible error and without substitution or
incompleteness. The process of selecting a sample population from the target population is called
the “sampling method”
This method is often used in situations where access to the population of interest is limited,
resources are constrained, or when researchers require quick and easy access to participants.
However, convenience sampling may introduce bias into the study, as it may not accurately
represent the broader population. Therefore, researchers should be cautious when generalizing
the findings from convenience samples to the larger population.
Sampling Size
Sample size is a market research term used for defining the number of individuals included in
conducting research. Researchers choose their sample based on demographics, such as age,
gender questions, or physical location. It can be vague or specific.
"In this research project, the sample size is determined by multiplying the number of items by
10."
Statistical Tools
Statistical methods involved in carrying out a study include planning, designing, collecting data,
analysing, drawing meaningful interpretation and reporting of the research findings. The
statistical analysis gives meaning to the meaningless numbers, thereby breathing life into a
lifeless data.
Correlation
Positive correlation Both variables change As height increases, weight also increases
in the same direction
Regression
Regression analysis can also help leaders understand how different variables impact each other
and what the outcomes are. For example, when forecasting financial performance, regression
analysis can help leaders determine how changes in the business can influence revenue or
expenses in the future.
Running an analysis of this kind, you might find that there’s a high correlation between the
number of marketers employed by the company, the leads generated, and the opportunities
closed.
Conceptual Framework
Research Scope
Research Plan
The underlying objective of the research “A study on product packaging impact on consumer
purchase intentions”. For Fulfilling the objective researcher has collect data primary source. For
the structured questionnaire was the used.