Research Methodology & Ethics Lecture 1 Slide 14-1 Chapter 1 Introduction to Research These Power point slides are based on Chapter 1 in: Uma Sekaran, Roger Bougie (2013). Research Methods for Business: A Skill-Building Approach, 7th Edition, Wiley Slide 1-2 Topics to be discussed ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ What is research? Business Research Types of business research: applied and basic Manager and research The Manager–Researcher Relationship Internal versus external researchers /Consultants Knowledge about research and managerial effectiveness Ethics and business research Slide 14-3 Topics to be discussed After completing Chapter 1 you should be able to: 1. Describe what research is and how it is defined. 2. Distinguish between applied and basic research, giving examples, and discussing why they would fall into one or the other of the two categories. 3. Explain why managers should know about research. 4. Discuss what managers should and should not do in order to interact most effectively with researchers. Slide 14-4 Topics to be discussed (cont’d) 5. Identify and fully discuss specific situations in which a manager would be better off using an internal research team, and when an external research team would be more advisable, giving reasons for the decisions. 6. Discuss what research means to you and describe how you, as manager, might apply the knowledge gained about research. 7. Be aware of the role of ethics in business research. Slide 14-5 Definition Research ▪ Business research: an organized and systematic inquiry or investigation into a specific problem, undertaken with the purpose of finding answers or solutions to it. Slide 1-3 Theory and Information ▪ Theory and information play an important role in research. ▪ The term ‘theory’ can mean a lot of things, depending on whom you ask: ▪ an idea or hunch that someone has; ▪ any concept, instrument, model, or framework that helps one to think about or solve a problem, describe a phenomenon, or understand a topic of interest. ▪ To a scientist, a theory explains a certain phenomenon. Slide 1-4 Applied versus Basic Research ▪ Basic research: generates a body of knowledge by trying to comprehend how certain problems that occur in organizations can be solved. ▪ Applied research: solves a current problem faced by the manager in the work setting, demanding a timely solution. Slide 1-8 Examples Applied Research ▪ Slide 1-9 Apple’s iPod fueled the company’s success in recent years, helping to increase sales from $5 billion in 2001 to $32 billion in the fiscal year 2008. Growth for the music player averaged more than 200% in 2006 and 2007, before falling to 6% in 2008. Some analysts believe that the number of iPods sold will drop 12% in 2009. “The reality is there’s a limited group of people who want an iPod or any other portable media player,” one analyst says. “So the question becomes, what will Apple do about it?” Examples Applied Research ▪ Slide 1-10 Globally, colas account for more than fifty per cent of all sodas sold. The challenge for the soft drink industry is giving consumers in developed markets the sugary taste they want without giving them the mouthful of calories they don’t. Concerns about obesity and health have led to nine years of falling U.S. soda consumption. The soda giants can’t rely on existing diet versions of their namesake colas, as consumers are shying away from the artificial sweeteners they contain. Critics have blamed the ingredients for everything from weight gain to cancer. Diet Coke is losing U.S. sales at 7 percent a year, almost double the rate of decline of American cola sales overall. So Coke and Pepsi are turning to research to save their cola businesses, which take in about two-thirds of the industry’s U.S. sales. “If you can crack the perfect sweetener, that would be huge,” says Howard Telford, an analyst at researcher Euromonitor International. More Examples of Research Areas in Business ▪ ▪ ▪ ▪ ▪ ▪ ▪ Absenteeism Communication Motivation Consumer decision making Customer satisfaction Budget allocations Accounting procedures Slide 1-11 Why Managers Should Know About Research ▪ Being knowledgeable about research and research methods helps professional managers to: ▪ Identify and effectively solve minor problems in the work setting. ▪ Know how to discriminate good from bad research. ▪ Appreciate the multiple influences and effects of factors impinging on a situation. ▪ Take calculated risks in decision making. ▪ Prevent possible vested interests from exercising their influence in a situation. ▪ Relate to hired researchers and consultants more effectively. ▪ Combine experience with scientific knowledge while making decisions. Slide 1-12 The Manager–Researcher Relationship ▪ ▪ ▪ ▪ Each should know his/her role Trust levels Value system Acceptance of findings and implementation ▪ Issues of inside versus outside researchers/consultants Slide 1-13 Internal Researchers ▪ Advantages: ▪ Better acceptance from staff ▪ Knowledge about organization ▪ Would be an integral part of implementation and evaluation of the research recommendations. ▪ Disadvantages ▪ Less fresh ideas ▪ Power politics could prevail ▪ Possibly not valued as “expert” by staff Slide 1-14 Internal Researchers ▪ Advantages: ▪ Better acceptance from staff ▪ Knowledge about organization ▪ Would be an integral part of implementation and evaluation of the research recommendations. ▪ Disadvantages ▪ Less fresh ideas ▪ Power politics could prevail ▪ Possibly not valued as “expert” by staff Slide 1-15 External Researchers ▪ Advantages ▪ Divergent and convergent thinking ▪ Experience from several situations in different organizations ▪ Better technical training, usually ▪ Disadvantages ▪ Takes time to know and understand the organization ▪ Rapport and cooperation from staff not easy ▪ Not available for evaluation and implementation ▪ Costs Slide 1-16 Ethics and Business Research ▪ Ethics in business research refers to a code of conduct of behavior while conducting research. ▪ Ethical conduct applies to the organization and the members that sponsor the research, the researchers who undertake the research, and the respondents who provide them with the necessary data. 17 17 Ethics and Business Research ▪ The members that sponsor the research should do it in good faith, pay attention to what the results indicate, and pursue organizational rather than self-interest. 18 18 Ethics and Business Research (cont’d) ▪ Ethical conduct should also be reflected in the behavior of the researchers who conduct the investigation, the participants who provide the data, the analysts who provide the results, and the entire research team that presents the interpretation of the results and suggests alternative solutions. 19 19