Research Process
Research Process
Research Process
Research process consists of series of actions or steps necessary to effectively carry out research and desired sequencing of these steps.These steps are not separate and distinct.
The vice president (Marketing) of a company X observes that the sales of the territory A is going down for the last three years. What should be the specific reasons? Poor performance of the sales person High Price of the products Non Availability of the product Quality of the product is not good.
RESEARCH DESIGN
Once the problem is formulated, researcher will be required to prepare a research design i.e. the structure within which the research is to be conducted. A research design is the master plan specifying the methods and procedures for collecting and analyzing the needed information
SAMPLING
In real life situations we come across the term sampling but where? Suppose if we go to Baskin Robbins and want to taste the mixing of vanilla flavour with chocolate, what we do?
SAMPLING DEFINED
A subset of population which are selected randomly or non randomly to study some attributes about them. The elements of the subset are called as SAMPLING UNITS. The study of these sampling units will tell the Characteristics of the whole population.
POPULATION
All the items that have been chosen for study. In the earlier example, a jar full of vanilla and mango flavor is the population. All the students of MBA , Section F of Chandigarh University constitutes the population. The customers having saving bank account in SBI branch in Sector-17, Chandigarh.
HYPOTHESIS TESTING
If we drop the price of the car by Rs.10000, then we will sell 200000 cars this car is a hypothesis. To test this hypothesis, we have to wait for year end and count the sales. Whether a population like we think this one would be likely to produce a sample like the one we are looking at.
GENERALISATIONS
If the hypothesis is tested correctly, then researcher makes some generalisation. The real value of research lies in its ability to build a theory.
RESEARCH REPORT
The research report should communicate the research findings effectively. It is a complicated statement of the studys technical aspects. The management wants the summary of the report. These reports are used later on if the research is to be repeated or if further research is to be based on what has come before