lOMoARcPSD|20058336 1 Government Post Graduate College Of Commerce Gujrat Q:1 - Explain giving reason with example as to which one is most important applied or basic research? Ans:- Business Research Business research is a field of practical study in which a company obtains data and analyzes it in order to better manage the company. Executives and managers who use business research methods are able to better understand their company, the position it holds in the market and how to improve that position. Definition: “Business research can be defined as an organized, systematic, data-based, critical, objective, inquiry or investigation into a specific problem, undertaken with the purpose of finding answers or solutions to it.” TypesofBusi nessResear ch Research can be undertaken for two different purposes. One is to solve a current problem faced by the manager in the work setting, demanding a timely solution. The other is to generate a body of knowledge by trying to comprehend how certain problems that occur in organizations can be solved. This is called basic fundamental or research. Applied Research: Research done with the intention of applying the result of findings to solve specific problems currently being experienced in an organization is called applied research. Characteristics of Applied Research: Applied research is solution specific and addresses practical question. It involves collection and theory analysis of data to examine the usefulness of theory in solving practical educational problems. It can be explanatory but usually descriptive. It involves precise measurement of characteristics and describes relationship b/t variables of a studies phenomenon. Examples: A particular product may not be selling well and the manager might want to find the reason for this in order to take corrective action is called applied research. Other Examples: Improve agriculture crop production. Improve the energy efficiency of homes, offices, or modes of transportation. To diagnose the very low use of a certain collection in a library. Basic Research: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 2 Government Post Graduate College Of Commerce Gujrat Research done chiefly to make a contribution to existing knowledge is called basic, fundamental or pure research. Explanation: The findings of basic research contribute to the building of knowledge in various functional areas of business; they teach us something we did not know before. Such knowledge, once generated, is usually later applied in organizational settings for problem solving. Example: A university, professor may be interested in investigating the factors that contribute to absenteeism as a matter of mere academic interest. After gathering information on topic from several institutions and analyzing the data, the professor may identify factors, such as inflexible work hours, inadequate training of employees and low moral as primarily influencing absenteeism later on basic research is applied by many managers. Characteristics of Basic Research: It is based on the belief “knowledge for the sake of knowledge”. It means collection and analysis of data to develop or enhance theory. It leads to advancement of knowledge. It takes place in sterile environment. It is carries out for understanding theoretical relationship between variables. It is explanatory in nature. Its application may or may not have any bearing on any application in the immediate future or even after a long time. Basic research lays down the foundation for the applied science that follows. Other Examples: How did the universe being? What are protons, neutrons and elections composed of? How do slime moulds reproduce? I mpor t anceofAppl i edResear ch 1. Develop New Products and Ideas Applied research as the name suggest is conducted to develop new products, ideas, and goods to help the community at large. 2. Solve Current Problems An applied research can be conducted to solve a problem or study, a situation, phenomenon or idea as in the social science and psychology. 3. Scope - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 3 Government Post Graduate College Of Commerce Gujrat The scope of applied research is for the present and not for some time in the future, but its aims can be varied. 4. Conduct on any level Applied research can be conducted on any level, like by govt organization, agencies, institutions, and even on a personal level too. 5. Types of Applied Research It has various types as follows. Explanatory Exploratory Descriptive Confirmatory 6. Bring New Ideas In the individuals, applied research is conducted to bring new ideas about product and test efficiency of some of the products. 7. Daily Based Applied research is conducted on a daily basis in the industries. In marketing, surveys and observations are conducted to benefit the business. I mpor t anceofBasi cResear ch 1. Comprehensive Basic research is mostly very comprehensive and is conducted to get a deep picture of a field of study, or a phenomenon or a theory. 2. Develop New Theories It helps in developing new theories in science and, therefore it is time consuming. 3. Future Impact The purpose of the basic research is not to impact the society in present, but in the future. It has more benefit. 4. Base of Knowledge From basic research and other institutions can get benefits because it increases the knowledge base for further studies. 5. New Techniques Some basic researches are conducted to find out new techniques, procedures and tools to conduct the research itself. Which one is most important Basic or Applied Research Both of them are important and, I think that the basic research is a way to achieve the applied research and applied research gives further cues for basic research. Many facts have emerged after many basic researches. As both are important, there is need to allocate funding for both type of researches and both are in priority in their own ways. Quote: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 4 Government Post Graduate College Of Commerce Gujrat (“Research is What I’m Doing When I Don’t Know What I’m Doing.”) Q#2: DISCUSS THE ADVANTAGES AND DISADVANTAGES OF INTERVIEWS AND QUESTIONAIRE? Ans: INTRODUCTION For making comprehensive research on any topic, after making “research design” that is combination of making problem statement and development of research proposal. The next step is data collection. It can be collected by following three ways Interviewing, Observing people, Questionnaire. Interviewing: it is a useful data collection method, especially during stage of exploratory research. In interviews different interviewers are come and tested by panel. Interviews may be face to face, online or on telephone. Questionnaires: Questionnaires are designed to collect large number of quantitative data. Questionnaires are basically set of questions on a study which is descriptive or exploratory. DEFINITIONS According to Roger Bougie; “A verbal conversation between people with the objective of collecting relevant information for the purpose of research” According to UMA Sakaran; “A research instrument consisting of a series of questions and other prompts for the purpose of gathering information” According to Marriam; “Interview is a conversation where questions are asked and answers are given” QUESTIONAIRE’S ADVANTAGES 1. PRACTICAL Questionnaire takes place in practical form. Researcher distributes questionnaires to different sectors. The data collected would be more practical. 2. LARGE NUMBER OF INFORMATION As questions of different specific types are arranged, so respondents fill these questionnaires. Large number of information gets from different sources. 3. QUICKLY RASULT GATHERED - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 5 Government Post Graduate College Of Commerce Gujrat As questionnaires helpful in gathering of quickly information, that informative data use easily and quickly result creation. 4. RELIABLE RESULT The questionnaires results are more reliable. As people of different sectors and psyche answer all the questions, the researcher uses their reliable data for further process. 5. QUANTIFIED RESULT The questionnaire data is more reliable and quantified. As answers are in quantitative form, so these will easy to measure changes and results. 6. SCIENTIFICALLY ANALYZED The data collected form questionnaires can easily scientifically analyze. Different questions are answered by different psyche respondents. All the results are quantified easily and scientifically analyzed for reports. 7. USED FOR COMPARISON The quantified result can be easily analyzed in scientifically ways. So it will use in making comparison, such as data will analyzed according to research topic. 8. USED TO MEASURE CHANGE The quantified and scientifically analyzed data will easily be used to measure changes in realistic way. The results will way according to required data or not. 9. HELPFUL IN CREATION OF NEW THEORIES When data collection in questionnaires the respondents response will be used in creation of new theories. New theories will further utilized in future researches. QUESTIONNAIRE’S DISADVANTAGES 1. INADEQUATE TO UNDERSTAND The questionnaires sometime become inadequate to understand. As respondents may answer in other perspective and questionnaires made in another, therefore clashes create. 2. LACKS OF VALIDITY Questionnaires are less reliable and valid, because while answering questionnaires the respondents do not take it serious, that may answer it without logic and results become invalid. 3. DIFFICULT TO CHECK RESPONDENTS TRUTHFULNESS As questionnaires come in front of researchers after solutions given by respondents, the researcher cannot check the truthfulness and validity of answers; they are not present when results are measured. 4. DIFFERENCE OF CONTEXT There will be difference in the context of researchers and respondents. As both parties psyches is different, so it will create problems in data collection. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 6 Government Post Graduate College Of Commerce Gujrat 5. OMISSION OF SOME FACTS While answering respondents may neglect some facts. Researchers may also omit to add some basic facts and figures that will help the respondents in correct answering. 6. CHANGES OF EMOTIONS, BEHAVIOR As we know that some questionnaires are personally administered and some are mail or electronically send, so a wide area covers and people from different areas have different perceptions, emotions and behavior that will affect result. 7. BIASNESS IN EXPLANATION In questionnaire the type and nature of business or topic must be explained. This help the respondents in answering, otherwise finding will be confused. 8. TAKE TIME AND EFFORTS Who process the questionnaire making, distributing questionnaires, collecting again and results evaluation will be time consuming. More efforts are needed for it. INTERVIEW’S ADVANTAGES 1. ACCURATE INFORMATION Interviews provide more accurate information either they are structured or unstructured, because face to face questioning or answering will be more effective. 2. KEEP FOCUS Interviews remain the focus on main topic. The interviewers also focused and provide facts and information more accurately. 3. CAPTURE EMOTIONS AND BEHAVIOR As in interviews both parties present at same time, so panel can easily capture the behavior and emotions regarding certain issue. 4. PLANNED SEQUENCE OF QUESTIONS In interviews there is a sequence of questions, so both parties handle all matters and data can be collected easily in desired way, then the result will be more accurate. 5. RESPONSE IN CASUAL MANNER The interviews will answers each and every question in a very casual way, so panel of interviews can easily gather data according to their desire. 6. VISUAL AIDS As in interviews both parties present at same time, so visual aids help in more critical data evaluation. From different perspectives and ways data will collected and then analyzed. 7. IDENTIFICATION IN SOLVING WAYS The panel asks the interviews difference ways for solving a problem. In this way they can identify different solution ways and use them. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 7 Government Post Graduate College Of Commerce Gujrat 8. FACE-TO-FACE DISCUSSION In interviews, there is a face to face discussion between both parties, so they can ask what is related to their data collection topic easily. INTERVIEW DISADVANTAGED 1. HIGH COST Interviews consume high cost. The research data gathering stage becomes more costly for firms. As different experts hire and full set-up needed for interviews, so in this way, it will require more cost. 2. QUALITY OF DATA BY INTERVIEWER A quality based data is gathered by interviewers. But if they are not ready to give answer in the respective manner in which panel require then quality data cannot be collected. 3. REFUSE TO CO-OPERATE In interviews, there will be many times when interviewers may require to co-operate, so in this case they require data cannot be get for research. 4. VAGUE IDEA The interviewers way provide vague ideas. These vague ideas will not satisfy the end result. The basic motive of conducting interview for data gathering cannot be attaining. 5. LIMIT SAMPLE SIZE As few people are invited data and attracted to interviews, so in this way samples are limited. The broader ideas and view cannot be collected in this limited sample. 6. TIME CONSUMING PROCESS In conducting of interviews experts required and interviewers are invited. Different requirements and arrangement are further needed to make. 7. REQUIRE MORE ENERGY The more time consuming process required more energy. Gathering of data consumes more people through this way. Financial resources also consumed more. 8. COMPLICATED METHOD Interview method may be complicated. As it takes more time, the member of panel may ask questions in different way and interviews may show reluctance. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 8 Government Post Graduate College Of Commerce Gujrat Q:#3 What do you understand by term ‘’Questionnaire’’. Explain different types of questionnaire. Encompassing benefits of each type..? Ans: QUESTIONNAIRE: ‘’ A paper form, yet to be filled by the respondents’’ A questionnaire is a research instruments consisting of a series of question and other prompts for the purpose to gather information from the respondents. Although they are often design for statistical analysis of the responses; this is not always the case. PAPER FORM (Having question) 1. Filled by the respondents used to collect factual information consist of series of question. BENEFITS OF QUESTIONNAIRE: For the feedback can be positive or negative depending on the question you asked. Measurement of individual or group variables like their attitudes, opinion and traits, habits of person. These questionnaires provide you the correct description of something that you required as willing to have e.g.: sex, age, occupation, income, political affiliation, religious affiliation etc. Questionnaire is generally designed to collect large number of quantitative data. That questionnaire helps you to know where the organization, factory or company is going wrong and where they went right. DATA COLLECTION METHOD: Data can be collected through different questionnaire so that this questionnaire could help you to provide authentic and solid reasons to charge your directive action towards your organization and your management. The questionnaire provides you the opportunity to charge your working pattern through following data collection method. 1. Personally administered questionnaire. 2. Mail questionnaire. 3. Electronic questionnaire. PERSONALLY ADMINISTERED QUESTIONNAIRE: This questionnaire can be established for the rapport and motive respondents so that doubts can be certified in a less expensive manner and achieve almost 100% response rate ensured. It is also known as face to face administered questionnaire. MAIL QUESTIONNAIRE: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 9 Government Post Graduate College Of Commerce Gujrat Anonymity is mail questionnaire is high whereas can reach wide geographical regions, token gifts can be enclosed to seek compliance. However respondent can take more time to respond at convenience can be administered electronically; if desired ELECTROINC QUESTIONNAIRE: Electronic questionnaire can easily administered, can reach globally, very in expensive, fast response at their convenience like the mail questionnaires. TYPES OF QUESTIONNAIRES AND THEIR FORMS OF QUESTION 1. Open and close ended questionnaire. 2. Positively and negative worded questionnaire. OPEN ENDED QUESTIONNAIRE: An open ended questionnaire one which is phased in such a manners as to encourage a meaningful answer using the subject ‘’ knowledge or feeling’’ they are rather objective in nature and provide ab opportunity for a person to come up with an answer that is pertinent to him or her such questionnaire implicitly ask for response in the person’s own and is not limiting. ‘’Open ended questions allow respondents to answer them in any way they choose’’ EXAMPLE Open ended question is asking the respondents to state things that are interesting and challenging in the job. What are you planning to buy from the super market today? ADVANTAGES/BENEFITS OF OPEN ENDED QUESTIONNAIRE: 1. They permit an unlimited number of possible answers. 2. Respondents can answer in detail and can quality and clarify respondents. 3. Unanticipated finding can be discovered. 4. They permit adequate answer to complex issue. 5. They permit creativity, self-expression and richness of detail. 6. They reveal a respondents logic thinking process and frame their preferences. DIS-ADVANTAGES OF OPEN ENDED QUESTIONNAIRE: 1. Different respondents give degree of detail in answer. 2. Responses may be irrelevant or buried in unless detail. 3. Comparison and statistical analysis become difficult. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 10 Government Post Graduate College Of Commerce Gujrat 4. Coding respondents are difficult articulate and highly literate respondents having an advantage. 5. Question may be too general for respondents who lose direction. 6. Respondents can be intimated by question. 7. Answer take up a lot of space in the questionnaire. 8. A greater amount of respondents time, thought and effort is necessary. CLOSE ENDED QUESTIONNAIRE: Closed end question invite a short focused answer. Answer to closed question can often (but not always) be either right or wrong closed question are usually easy to answer as the choice of answer limited. They are high effectively used early in conversion to encourage participation and can be very useful in fact finding scenario such as research. ‘’closed questionnaire are used to force a brief, often one word answer.’’ EXAMPLE Do you smoke? Did you feed he cat? Would you like a cup of tea? (Answer shall be yes or no) Closed question can require that a choice is made from a list of possible opinions e.g: Would you like beef, chicken or the vegetarian option? Did you travel by train or car today? Closed question can be asked in identify a certain piece of information again with the limited set of answer e.g: what is your name? What time does the super market open? Where did you go to the university? ADVANTAGES OF CLOSE ENDED QUESTIONNAIRE: 1. It is easier and quicker for respondents to answer. 2. The answer of different respondents is easier to compare. 3. Answer are easier to code and statistically analysis. 4. Respondents are more likely to answer about sensitive topics. 5. There are fewer irrelevant or confused questions. 6. Replication is easy. 7. If comparing the answer of several people, than the answer of closed questions are much easier to compare and rate. If the question is closed enough (e.g.: multiple choice) than it is even possible to perform a statistical analysis of the answer. DIS- ADVANTAGES OF CLOSE ENDED QUESTIONNAIRE: 1. Respondents with no opinion or no knowledge can answer anyway. 2. Misinterpretation of question can go unnoticed. 3. Clerical mistakes or making the wrong respondents possible. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 11 Government Post Graduate College Of Commerce Gujrat 4. They force respondents to give simplistic responses to compare issue. 5. They force people to make choice they would not make in the real world. 6. It is confusing if many response choices are offered. 7. Respondents can be frustrated because their desired answer is not a choice or unable to adequately express the opinion. POSITIVELY WORDED QUESTION: Positively worded questionnaire means having good thoughts, ideas, feelings; It means that positive intention to know how what to do and how to do? e.g; When will you come to have your party? ‘’Party’’ itself is a positive occasion and when it is used that ‘’when will you come to have it’’ it sounds positive. ADVANTAGES OF POSITIVE WORDED QUESTION: 1. Respondents can freely response towards the question. 2. Answer will surely be accepted if several people agree the same. 3. Positive worded question involves the positive question. E.g; Do you like this chocolates and how much you like it? 1 4. Positive worded question are scaled question. 5. 2 3 4 5 Due to positive questionnaire degree of agreeableness and disagreeableness is measured on 5 point scale. With 1 being low and 5 means high. DIS-ADVANTAGES OF POSITIVE WORDED QUESTION: 1. 2. Sequence of positive questions can bore the respondents. The respondents sometimes not show any interest to fill the positive questions. So they just tick the only number abruptly come in their mind. NEGATIVE WORDED QUESTION: Negative worded questionnaire means having misleading, uncertain or un-satisfactory effects. It means that negative intention the word ‘’not and only’’ is mostly used their word should avoided in negatively worded question because they tend to confuse respondents. EXAMPLE: Coming to work is not great fun is better way instead saying not coming to work is greater fun than coming to work. It is better to say the rich need to help than to say only the rich do not need help. ADVANTAGES OF NEGATIVE WORDED QUESTION: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 12 Government Post Graduate College Of Commerce Gujrat 1. Respondents are highly active to respond the negative worded question. 2. Good questionnaire include both type of positive and negative worded question. DIS-ADVANTAGES OF NEGATIVE WORDED QUESTION: 1. The use of double negative and exercise use of the word not and only should be avoided in negatively worded questions. Because they tend to confuse respondents. FORMS OF QUESTION DOUBLE-BARRED QUESTION: A question that lends itself to different responses to its sub parts is called double barred questions. Such question should be avoided so that respondents may not get confused. Separately asked instead of one question; sometimes it is good to ask such question to create link and get the good response of the asked question. EXAMPLE Do you think there is a good market for the product and that it will sell well? AMBIGUOUS QUESTION: Even questions that are not double barreled might be ambiguous worded and the respondents may not be sure what exactly they mean. E.g.; to what extend would you say you are happy the result is mixed and confusing. So they do not accurately provide the correct answer to question. RE-CALL DEPENDENT QUESTION: Some question might require respondents to call experience form the part that are lazy in their memory. Answer to such questions might have bias e.g.; if an employee has had 3o years’ service in an in a particular organization is asked to state when he first started working in a particular department for how way in his responses. A better source for obtaining that information would be the personal records. LEADING QUESTION: Question should not be phased in such a way they lead the respondents to give the responses that the researches involved like them to give e.g. to what extent do you agree that employees should be given higher pay rise. LOADED QUESTION: Another type of bias question occur when they are phased in an emotionally charged manner e.g. to what extent do you think I am responsible for your life if I broke relation withyou. SOCIAL DESIRABILITY: Question should not be worded such that they elicit socially desirable response e.g. Do you think the older people should be loved off and should continue to keep the elderly on their payroll of the company. CRUX - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 13 Government Post Graduate College Of Commerce Gujrat Question is an important tool for getting information as it is the best way to collect data by keeping in mind the right question at the right time. The questionnaire is reducing any systematic bias in the response and provides the clear sand smooth answer in response of these questionnaires. This is helpful for the further research because research is always based on questionnaires. Q:#4Explain the following content of Research design? Data Collection methods, Unit of Analysis & Purpose of study, with the research strategies? Ans:Contents of Research Design Meaning of research design need for and importance of research design developing an appropriate research design Meaning: Arrangement of Conditions overall framework of the project specific master plan or model blue print guides the investigators. According to Cook: “Research design is the arrangement of conditions for the Collection & analysis of data in a manner that aims to combine Relevance to the research purpose with economy in procedure. According to Suchman: “Research design is not a highly specific plan to be followed without deviation but rather series of guide post to keep one Headed in highest direction”. Simple Definition of Research Design “A research design is a blue print for the collection, Measurement and analysis of data based on the research Question of the study.” Task of defining the research problem is the preparation of the research project, popularly known as the research design. Decision Regarding: What, Where, When, How much by what means concerning an inquiry or research study constitute a research design. Research Design have following Parts Sampling Design Observational Design Statistical Design Operational Design Sampling Design: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 14 Government Post Graduate College Of Commerce Gujrat Which deals with the methods of selecting to be observed for the study? Observational Design: Which relates to the conditions under which the observations are to be created? Statistical Design: Which concern the question of the how the information and data gathered to be analyzed? Operational Design: This deals with techniques by which the procedures satisfied in sampling. Features of Good Research Design A Research Design appropriate for a particular research problem usually involves the following Features: The Mean of obtaining information The Availability and skills of the researcher and his staff. The Objective of the problem to be studied. The Nature of the problem to be Studied. The Availability of time and money for the research work. Developing Research Design The Choice of appropriate design largely depends on the objectives of the research and how much is known about the problem and its objectives. There are total three traditional kinds of research design such as; DHE x ey p s lc o tri hpa etti o sv ri es y o r c a s u a l In case of Exploratory research: Main Objective: Major emphasis is on discovery of ideas and insights In Such Studies: The sample size is small. Data requirement are vague. The objective is general rather than specific. Non-probability sampling designs are used. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 15 Government Post Graduate College Of Commerce Gujrat In case of Descriptive Research: Main Objective: Descriptive characteristic of individual or group. In Such Studies: Data collected may relate to the respondents under study. Research has specific objective. Findings are definite. In case of Hypothesis OR Causal Research: Main Objective: Describing characteristic of individual or group. In Such Studies: Data collected may relate to the respondents under study. Research has specific objectives. Finding are definite. In case of Hypothesis Testing: Main Objective: Research test the hypothesis of causal relationship between variables. In such Studies: Control the influence of one variable on other dependent variable. Research Strategies Research Strategies are of following types. E 1) x C It S p e o r u r r C s c i e v a A r m l e e a ti y e o t n t o R S ti n n e u e r a e s R l e i e l a s d R a e r s s c e a e a r c r h c Experimental Research: h involves manipulating condition and studying effects (input-Processoutput) h s e a r c h 2) E G t h r n o o u g n r d a p o h r i H c R i s e t o s r e i a c a r l c Correlation Research Relationship: h t h - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) e o r y lOMoARcPSD|20058336 16 Government Post Graduate College Of Commerce Gujrat It involves studying relationship among variables within a single group, and frequently suggest the possibility of causal and effect. 3) Survey Research: It involves describing the characteristics of a group by means of such instrument as interview schedules, questionnaires and tests. 4) Ethnographic Research: In concentrated on documenting or portraying the everyday experience of people using observation and interviews, it involves how well, how much, how efficiently, knowledge; attitudes or opinion in the like exists. 5) Case study: It is a detailed analysis of one or a few individual. 6) Historical Research OR Ground Theory: It involves studying some aspect of the past. 7) Action Research: It is a type of research by practitioner’s design to help to improve their practice. Data Collection Method Data collection methods are integral part of research design there are several data collection methods. Each with its advantages or disadvantages. Problem research with the use of appropriate methods greatly enhance the value of the research. PS yd cd co om md d er i c m o a d r a y o a lt l a e o n l l e n e t e t an t r a c c h h ti ti o o Primary Data: Primary data are those which are collected a fresh and for the first time and thus happen to be original in character are known as primary data. There are several methods of collecting primary data particularly in survey’s and descriptive research. In descriptive research, we obtain primary data. We obtain primary data either through observation or through direct communication with respondents in one form or another or through personal interviews. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 17 Government Post Graduate College Of Commerce Gujrat There are several Primary data collection methods: Interviews Observations Questionnaires Physical measurement Unobtrusive 1) Observation: Observation method is a method under which data from the field is collected with the help of observation by the observer or by personally going to the field. Observation may be defined as systematic viewing, coupled with consideration of seen phenomena. (P.V Young) 2) Interviews: This method of collecting data involves presentation or oral-verbal stimuli and reply in term of oral-verbal responses. Interview methods this oral verbal communication where interviewers ask question (which are aimed to get information required for study) to respondents. 3) Questionnaire: Questionnaire methods questionnaire is sent to the person with request to answer the questions and return the questionnaire. Questions are printed in definite order, mailed to sample who are expected to read that questions understand the questions and write the answer in provided space. Secondary Data: Secondary data are those which have been collected by someone else and which have already been passed through the statistical process are known as secondary data. These are already available i.e, they refer to the data which have already been collected and analyzed by someone else. Secondary data may either be published or unpublished data research must be very careful in using secondary data, because the data available may be sometimes unsuitable. Sources of secondary data: Publication of central, state, local government. Technical and trade Journals. Books, Magazine, New papers. Report & Publications of industry, bank, stock exchange. Report by research scholars, universities economists. Public records. Unit of Analysis: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 18 Government Post Graduate College Of Commerce Gujrat One of the most important ideas in a research project is the unit of analysis. The unit of analysis is the major entity you are analyzing in year study for instant any of the following could be a unit of analysis in a study. Why is it called Unit of Analysis? It is called Unit of analysis and not something else (like the unit of sampling), because it is the analysis you do in your study that determine what the unit is eg, if you are comparing the children in two classrooms on achievement test scores, the unit is the individual child because you have a score for each child. On the other hand if you are comparing classes on classroom climate your unit of analysis is the group in the classroom because you have a classroom climate for the class a whole and not for each individual student for different units of analysis. 1) 2) If you decide to base an analysis on students score, the individual is unit. The data that goes into the analysis is the average itself. The unit of analysis is actually a group. Purpose of Research Design: To provide answer to research questions: Research design helpful for providing answer to research questions. To Control Variance: Monitoring on the standard performance of the company with the actual performance of the company is control variance. Q#5 Define Research? Discuss the relationship between manager and research. Also differentiate between an applied and basic research? Ans:- INTRODUCTION Research, a somehow intimidating term for some is simply the process of finding solutions to a problem after a thorough study and analysis of the situational factors. Managers in organization constantly engage themselves in studying and analyzing issues and hence are involved in some form of research activity as they make decision at the workplace. Business research can be described as a systematic and organized effort to investigate a specific problem encountered in the work setting, which needs a solution. It comprises series of steps that are designed and executed with the goal of finding answers to the issues that are concern to the manager in the work environment. DEFINITIONS: According to business dictionary: “Research is a systematic investigation process employed to increase or revise current knowledge by discovering new facts.” According to encyclopedia: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 19 Government Post Graduate College Of Commerce Gujrat “Research comprises of creativity and work undertaken on a systematic basis in order to increase the stock of knowledge, including knowledge of humans, culture and society and the use of this stock of knowledge to devise new applicants.” According to Adolph Matz: “Research is a careful and organized study or gathering of information about a specific topic.” RELATI ONSHI PBETWEEN MANAGER AND RESEARCHER: During the career, it often become necessary for manager to deal with consultant, in such cases the manager must not only interact effectively with the research team, but must also explicitly delineate the roles for researchers and the management 1. Effective interaction: In order to keep the relationship strong between managers and researchers, there should be an effective interaction between the managers, employees and researchers, so that the organization purpose can be achieved. 2. Inform about rules and regulations: The researcher must be informed about the rules and regulations of the organization, so that there would be less chance of faults and mistakes. 3. Disclosure of information: Most possible information should be disclosed, in order to avoid conflicts and clashes between managers and researcher and researchers would be able to work actively. 4. Effective communication with researcher: The manager for the sake of building strong relation with research should have to communicate with them and should discuss all the problems appropriately. 5. Congruence in system management and researcher: The whole organization system as well as the management should be known to research, to keep an eye on the upcoming situations. 6. Recommendation by researchers: Researchers give recommendations according to their analysis and perceptions, the managers should consider their suggestion and should make sure to implement them. 7. Avoidance of clashes in ideologies: Managers and researches should not have clashes in ideologies. The work should be done in an orderly manner to avoid conflicts. 8. Straightforwardly exchange information: The information should be exchanged straightforwardly and in forthright manner because it helps to increase the rapport and trust level between two parties. 9. Easy approach to management: The researchers team should have easy approaches to the management, so that they easy approach to the management, so that they don`t face any problem in doing work. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 20 Government Post Graduate College Of Commerce Gujrat 10.Explicitly of expectations: The parties should make the role and expectation explicit, this will be reducing the chance of loss and purpose of research will be accomplished. 11.Access to employees: The researchers should have easy access to the employees as well because it is mandatory to know the perspectives of lower level staff. 12.Philosophies and value system must be clear: All the values, norms, rules, and regulations should be clear to all the parties, it will help in enhancing the relationship. 13.Maintenance of trust: Trust and integrity is very important in order to keep the researches team work honestly and actively towards the organization goal. DIFFERENCE BETWEEN APPLIED AND BASIC RESEARCH: Research can be undertaken foe two different purposes, one is to solve a current problems faced by the managers in the work setting, demanding a timely solution. The other is to generate a body of knowledge by trying to compare how certain problems that occur in organizations can be solved. APPLI ED RESEARCH Definition: T he type of research that is use to answer a specific question that has direct applicants to the world. BASI C RESEARCH The type of research that is driven purely by curiosity and a desire to expand our knowledge. Comprehensive: Applied research is not as most as comprehend than the basic. Basic research is very much detailed and comprehensive. Applications: Applied research is not much detailed so it is applied in small organization. Mostly basic research is applied in the large organization as it is effective in bigger perspective. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 21 Government Post Graduate College Of Commerce Gujrat Knowledge: Applied research is only concerned with solving the current and recent problems of organizations. Basic research is vastly concerned with the body of knowledge to solve problems. Immediate use: The recorded or collected by the applied research is immediately used by the research team. The body of knowledge being collected by basic researched is not applied immediately in the organization. Practical use: Applied research is done for immediate problems faced by the organization appropriately and practically used. Basic research is not done for immediate and practically usage. Methodical: Applied research is not methodical as compared to the other types of researches. Basic research is very much methodical as it is very comprehensive. Critical: All types of researches are complicated butt applied is less critical. Basic research is critical and very detailed research. Q:-6What is Business Research, what are advantages of External and Internal Researcher? Introduction The word Research is combination of two word RE and SEARCH which means search again and again. History Search is not started in 21 st century. But from ancient times man had been searching different things and ways of living. And it is not confined only one aspect of life. But it is much broader. And include all sphere of life. In past and now as well we are searching for new ways of business. Types 1. Basic Research 2. Applied Research Definitions According to Dictionary “A place of finding solutions to a problem after through study and analysis of situational factors.” - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 22 Government Post Graduate College Of Commerce Gujrat According to ROGER “Business research is an organized, systematic, Data-based, inquiry into a specific problem withthe purpose of finding answer to it” Example: Apple Incorporation is now searching for a software framework for apps that let medical researchers gather robust and meaningful data. Internal Researcher Expert who first analyzes the new skills needed and than design and delivers a training program. Same organization has their own consulting or research department which might be called the management services Department. Definition Internal consultant begin with relationship and than must work to gain credibility for their consulting competency. Multiple roles of Internal Researcher 1. EXPERT Traditional model Relies on knowledge and expertise of solve the clients problem 2. PROCESS Relies more on the intuition awareness of the consultant Help the client to understand what is happening, identify solutions and transfer skill to the client. Advantages 1- Easily Accepted by Employee The internal researchers have better chance of being reality accepted by the employee of the organization where research need to be done. 2- Require Less Time The internal team of researchers would require much less than to understand the structure the philosophy and climate and work system of the organization. 3- Easy Implementation They would be available for implementing their recommendations after the research findings are accepted. 4- Less Costly The internal team might cost considerable as compare the external team. They understand the system due to their continue involvement with various units. 5- Available To Evaluate Effectiveness Internal consultant or researchers evaluate the effectiveness of the change and to consider further changes if and when necessary. Disadvantages of internal Researchers 1. Less Fresh Ideas - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 23 Government Post Graduate College Of Commerce Gujrat They might have less fresh ideas and perspectives that might be needed to correct the problem. This is definitely a handicap for situations. 2. Misrepresentation There is scope for certain powerful groups in the organization to influence or misrepresent certain facts. 3. Not Perceived As Experts There is possibility that the internal researchers are not perceived as expert by the management and hence their recommendations do not get the consideration and attention they deserve. 4. Less Objective Certain organizational biases of the internal research team might make the findings less objective and less scientific. 5. Dominate Interests In internal research certain vested interests could dominate especially in securing a sizable portion of the available scant resources. External Researcher According to Wikipedia “Some external to organization who con be contracted to conduct the evaluation, sometime develop evaluation design and sometimes implement design outlined in term of reference.” Advantages 1- Wealth Of Experience External researcher has multiple types of experience of different problems. He can easily understand and interpret problems. 2- Problem Understanding He can easily understand situation and problems. As may solved that same problem before in another organization. 3- Free From Pressure External researcher is free from pressure of organizations employee. He will free from biasness. 4- Trained External researcher is more trained and qualified. He has attained abundance of training outside. 5- Qualified Experience And Up-To-Date External researcher is more qualified and has more up-to-date knowledge and experience. Disadvantages 1- High Cost External researcher may very high for organization. As he charge fees for different steps and levels in research. 2- Time Consuming External researcher may take time for understanding business terms and policies. He may take time in getting all ideas. 3- Existing Researcher Morale Suffer Hiring of external researcher may affect the morale of internal researchers. They may feel defected. 4- Budget Impact - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 24 Government Post Graduate College Of Commerce Gujrat Hiring of external researcher also effect the budget of business due to its higher cost. 6. Lack of Continuity The external researcher is not for continuous period. So this may affect the implementation of research findings. Conclusion In the last we may concluded that internal research is useful in those organization in which has small business unit. But external research is useful for those organization in which has big business unit. Q:7# Discuss the significance of a comprehensive literature review. (A/16) Ans: INTRODUCTION: “Literature review is basically gathering of all part resources, data, files & information that are relevant research topic”. In first step of research, we find the real problem and covert the broad problem into specific and narrow form. After this the past work related to research topic is collected. This is done in order to gets more clear and broader view about further analysis for report preparation of research findings. Literature review to be concise, generally analysis of published and unpublished data from sources. Definitions: According to Roger: “Critical analysis of a segment of a published body of Knowledge through summary, classification, and Comparison of prior research studies, reviews of Literature, and theoretical articles”. According to Wikipedia: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 25 Government Post Graduate College Of Commerce Gujrat “Test of a scholarly paper, which includes the current Knowledge including substantive findings, as well as theoretical and methodological contributions to a particular topic”. According to Shields, Rangarajan: “A literature review focused on research question, trying to identify, appraise, select and synthesize. All high-quality research evidence and argument relevant to question”. Li t er at ur eRevi ew Types Main types of literature reviews are: 1) 2) 3) 4) Evaluative Exploratory Instrumental Systematic Literature Review Process Start at a more general level before narrowing down to your specific research question & objective. Provide a brief overview of key ideas. Summarize, compare and contrast the work of the key writers. Narrow down to highlight the work most relevant to your research. Provide a detailed account of the finding of this work. Highlight those issues where your research will provide fresh insights. Process: “Assessment+evaluation+explanation+Digest/consoliation+comparison +categorization+classification”. Example: A victims of sexual harassment suffer a range of consequences, from lowered self-esteem & loss of self-confidence to withdrawal from social interaction, changed career goals, and depression, (in 1982 Adam, kottke, Benson 1982, Weiner 1990). As Adam, Kottke, and all noted that 13% of women students said they avoided taking a class or working with certain professor because of risk of harassment. Si gni ficanceofLi t er at ur eRevi ew 1. Good Knowledge of Inquiry: A comprehensive and detailed inquiry can be conducted in specific problem. That will help Generation of quite valid results of findings that will applicable on more broader areas. 2. Common Methodology: The common methodology can be used for relevant problems. As detailed investigation conducted and not only one company but internationally multi-national companies avail benefits from it. 3. Helps to Narrow a Problem: Critical literature review helps in availing a narrow problem. As broad problem area conversion into a narrow one is difficult. So it can be done with help of literature review. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 26 Government Post Graduate College Of Commerce Gujrat 4. Generation of Further Studies: It helps in generation of further studies. As if there are any deficiencies in past studies. That can be removed from further studies and research. 5. Communication of Long Study: A long study can be commenced with the help of literature review. As when past cases studied, more point’s raised, so that kept in mind for further studies and it leads to log studies. 6. Discovering Important Variables: The disseverments of more important variables help in more comprehensive findings. And these findings implemented in company problem solving, which may leads to enhanced productivity and prosperity. 7. Establishment of Context: Literature review creates a huge points and context for findings. So that these findings lead to solve a problem of research topic and company finds a solution. 8. Rationalizing the Significance of Problem: Rationalized and significant areas arise, and company look into all pros and cons of problems, so all aspects kept in mind regarding implementation. 9. Enhancement of Subject Techniques: The use of different techniques becomes possible, as techniques from all over the world available on a specific issue, so research becomes more significant and comprehensive. The different techniques create more broad views. 10. Understanding Structure: The whole structure of all facts and areas of problem creation can be properly understandable by a comprehensive literature review. This is because, in past different facts had already raised, work had done on them. 11. Scholarly View: By having a literature review, we can get different scholars views. Their experiences, skills and knowledge also help us in many ways. It will be beneficial for report making. 12. Identification of used Tactics: By having reviews of past related to our topic, we come to know that how many tactics have been used, what kind of new are available? How could properly we justify? And the most importantly, which one best is for own topic clearance. 13. Recognition of Developed Facts: By having different expert’s reviews, we can avail some developed facts of developed countries. And thus, we can apply in it our own company to boost up our business. 14. Synthesizing New Perspective: Literature review helps us in creation and analyzing new perspective relevant to the topic. This will help us in as; New skills for adoption, Enhanced knowledge attainment. 15. Motivation for Future Research: Literature review provides motivation and positive energy for future research, past noted help in finding solution and future research can be more comprehensive with the help of these reviews. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 27 Government Post Graduate College Of Commerce Gujrat 16. Enables to Become Expert: Literature review helps to become expert in research field, more critical factors raised and researcher get familiar with different issues and help in getting point of importance. 17. Familiar with Relevant Knowledge: Literature review helps in getting familiar with relevant knowledge of research problem. As if there is a problem of turnover of employees, then from different multi-national companies’ research helps as well. 18. Detailed Investigation: Researcher can conduct detailed investigation with the help of literature review, because in inductive get more detailed knowledge for research. 19. Enable more Critical Thinking: It enables the researcher to think in more critical and analyzed way. He can indicate different areas that should high for further details. 20. Enable to use Relevant Terminology: Critical literature review helps in using different terminology for creating broader option for finding. Such as; Questionnaire Survey Interviews Hypotheses Analyzed interpretation 21. Provide Relevant Definition of Problem: By having different sources, we can avail theoretical data, methods, and issues related to our problem. We can get more views about our findings that are help in taking further actions. 22. Provide Data Sources and Journals: By creating a comprehensive literature review a company can avail different journals, data sources. It can better avail all relevant analyzed past researches. 23. Broader Investigation: Literature Review plays a significant role in getting a broader overview of a specific problem. It will help research to attain more information and knowledge. 24. Published & Un-published Support: Literature review can be available from published sources like; Case study Periodicals & un-published Handwritten reports of different companies enable researcher to have a vivid and specific identification of problem. Conclusion To conclude, we can say that a comprehensive literature review helps us to create more doors for new points. We can look at a specific problem - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 28 Government Post Graduate College Of Commerce Gujrat from all over the world point of view from different resources, like; Journals, websites, articles, international resources. Q#8Problem definition stage is perhaps more critical in the research process than problem solution stage comment on the statement? Ans: INTRODUCTION A ‘’problem’’ doesn’t necessarily mean that something is seriously wrong that needs to be rectified immediately. A problem could also indicate an interest in an issue where finding the right answers might help to improve an existing situation. Thus it is fruitful to define a problem as any situation where a gap exists between the actual and desired ideal states. A research problem is a definite or clear expression about an area of concern, a condition to be improved upon a difficulty to be eliminated, or a troubling question that exists in scholarly literature, in theory or within existing practice.# DEFINITIONS: According to Creswell J.W: ‘’A research problem can be defined as a gap or uncertainty in the decision makers existing boy of knowledge which inhibits efficient decision making. The gap could be academic and theoretical (basic) or real time and action oriented’’ According to Wikipedia: ‘’Problem definition is a broad statement of the general marketing research problem and identification of its specific components’’ - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 29 Government Post Graduate College Of Commerce Gujrat According to Scott Armstrong: ‘’A research problem is the situation that causes the researcher to feel apprehensive, confused and bard.’’ THE IMPORTANC OF THE PROBLEM DEFINITION STAGE According to ALBERT EINSTEIN: ‘’The formulation of the problem is often more essential than its situation’’ If a problem is well defined than it means that the research is essentially half solved and how the problem is framed determines the kind of solution obtained. Often a considerable research and analysis of historical data or secondary information is important and has to be undertaken to help define in very clear and practice terms what the problems or opportunity is. The research problem derives the stages of the research. PROBLEM DEFINITION IS MOST CRITICAL IN THE RESERCH PROCESS THAN SOLUTION: 7 steps in Research process: 1. Define research problems 2. Review of literature 3. Formulate hypotheses 4. Preparing the research design 5. Data collection 6. Data analysis 7. Interpretation & report writing FIRST STEP: The problem definition stage is probably the most important stage because it involves several interrelated steps. THE PROCESSOFPROBLEM DEFI NI TI ON 1. Ascertain the decision makers objective: Researcher must attempt to satisfy decision maker’s objective. Managerial goal should be expressed in measurable terms and the dangerous part of the many marketing problems is not visible. 2. Understand background of the problem: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 30 Government Post Graduate College Of Commerce Gujrat The background of the problem should be properly understood by the managers or researchers. There should be informal gathering of background information to familiarize researchers. 3. Identify the problem not symptoms: Symptoms can be confusing, because certain occurrence that appears to be the problem may be only symptoms of deeper problems. It should be observed properly and problem should be identified. 4. Determine unit of analysis: There are different units of analysis like individuals, household or organization. The units should be varying according to the nature of problem faced by the managers in the organization. 5. Determine relevant variables: Variables are anything that varies in values like categorical continues dependent, independent etc. After considering all variables, the exact suited one should be selected. 6. State research questions and objectives: Written statement of the research questions and research objectives that clarifies any ambiguity about what the research hopes to accomplish should be stated so, that research process can be made easy. PROBLEM DEFINITION IS CRITICAL 1. Critical first step in research process: The first step in research process is ‘’problem definition’’, It is most important and critical step of research. 2. Can be a problem or an opportunity: First problem, which could be faced in a finding the problem is its identification. 3. If problem definition is not correct. Research will be wasted regardless of how well research is conducted. The problem if felt should be defined correctly because otherwise, when the whole process is completed, is wasted. 4. Often requires some preliminary research to help define problem: There is need of preliminary research requires for the actual definition of problem. Example: OPTICAL PRESCRIPTION SPECTACLE MAKERS OPSM is the leading provider of eye care/wear in Australia and New Zealand. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 31 Government Post Graduate College Of Commerce Gujrat The company has over 300 stores in Australia and NZ. In recent times the company has notice a decline in sales. What are some possible background issues that may have affected sales? How and why the problems come to notice? What are the symptoms? Often requires some preliminary research, particularly secondly data. PROBLEM SOLUATION STAGE: The problem solving stage or process can be divided in different ways and the stages have been various labels. To be a successful problems solver one needs to understand what the stages involve and follow them methodically whenever the problem encounters. STEPS: Recognizing and defining the stage or problem. Finding possible solutions. Choosing the best solutions. Implementing the solutions. 1. Recognizing and defining the stage or problem: Obviously and before any can be taken to solve a problem, we need to recognize that a problem exists. There are specific techniques can be used to help recognizing problems. 2. Finding possible solutions: Analyzing the problems involves identifying and collecting the relevant information and representing it in a meaningful way. Workable solutions are developed by combining and modifying ideas and a range of creative techniques. 3. Choosing the best solutions: This step involves identifying all the features of an ideal solution, including the constraint it has to meet, eliminating solutions, which do not meet the constraint etc. 4. Implementing the solutions: It involves, planning and preparing to implement the solutions taking the appropriate action and monitoring its effects, reviewing the ultimate success of the action. COMPLEXITY IN PROBLEM DEFINITION: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 32 Government Post Graduate College Of Commerce Gujrat As the research process is totally depend on the problems, and the main objective of the research is to find out the problem/opportunities and to get the solution or developments for the same. That’s why the ‘’problem solving stage’’ is most critical and complex in order to complete fruit full research process. MAIN ISSUES: Problem should be specific. It should consider the external and internal constraint. conclusion: To conclude we can say that ‘’in a research process’’, problem definition stage is critical than the ‘’problem solution stage’’, the problem is critical because if it is not correctly observed than the solution will be wrong and will not correctly solved. Q#9. What is the difference between reliability and validity what are different types of reliability? Ans: INTRODUCTION Measurement is the assignment of numbers or other symbols to characteristics of objects according to a specified set of rules, and it is important to be standardized and applied in a consistent manner. So measurement is: “An Evaluation of the quality or incidence of a given variable obtained by using a research instrument.” Numbers allow us to perform statistical analysis on the resulting data and to test the hypothesis that we have developed. They facilitate the communication of our research result. Definitions: Reliability “The extent to which the same research technique applied again to the same object (subject) will give you the same result.” (Wikipedia) “The measure of how stable, dependable trustworthy and consistent a test is in measuring the same thing each time.” (Creswell) Validity “The degree to which a research study measures what it intends to measure.” (Wikipedia) “Validity is a test or instrument that is accurately measuring what it’s supposed to.” - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 33 Government Post Graduate College Of Commerce Gujrat (Investopedia) Di ffer enceBet weenRel i abi l i t yAndVal i di t y Reliability 1. Definition The extent to which the same research technique applied again to the same Object will give you the same object willgive you the same result. Validity The degree to which a research study measures what it intends to measures. 2. Production Reliability contains the production of consistent and Validity consist of the replicable outcomes. Production of outcomes that Meat objectives 3. Variables In reliability, the limited number of objective variable use. In validity, the broad numbers of diverse variable are used. 4. Judgement It involves the minimization of judgement. It involves the integration of judgement. 5. Substantiation In this, the substantiation is based past data. In this, the substantiation based on future events. 6. Instruments It requires the consistency of an instruments or The validity requires the accuracy of an measurement. It also helps to assess the instruments or measurement. “goodness” of measure. 7. Determination The reliability of a measure easy to determination. In validity, more analysis require formeasurement. 8. Biasness In reliability, there must be the possibility of avoidance of biasness. theIn validity, there must be the acknowledgement of the reality of biasness. 9. Measurement Reliability is the measure of the consistency of a It is measure using a coefficient, Typically two scores metrics or a method. from two assessments or measure is calculated to determine a number between “o” and “1”. 10. Process In reliability the measurement is the ongoing process. In validity, the measurement process requires empirical evidence. 11. Types - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 34 Government Post Graduate College Of Commerce Gujrat Test-rates reliability Parallel-form reliability Inter-term consistency reliability Split-half reliability Inter-rats reliability Face validity Content validity Predictive validity Concurrent validity Construct validity 12. Testing Reliability will tell you how trustworthy a score on Validity will tell you how good a test is for a particular that test will be. situation. 13. Relationship Reliability has a necessary but not sufficient relationship with validity. A test cannot be valid unless the measurement resulting from it is reliable. 14. Investigation Validity is concerned with identifying the factors that Reliability is concerned with answering the question? How much variance in test scores is dueproduce the reliable variance in the test scores. to measurement error? 15. Performance In reliability, the performance is more consistent. In validity It focuses on how story outcome of the program was? TypesofRel i abi l i t y 1. Inter-Ratter Reliability When multiple people are giving assessments of some kind or are the subjects of some test, then similar people should lead to the same resulting scores. Two major ways in which inter-ratter reliability is used are: Testing how similar people categorize items? How similarly people score items? This is the best way of assessing reliability when you are using observation, as observer bias very easily creeps in. Inter-ratter reliability is also knows as inter-observer reliability or inter-coder reliability. 2. Test-Retest Reliability Assessment or test of a person should give the same results whenever you apply the test. Testretest reliability evaluates reliability across time. Generally speaking, the longer the delay between tests the greater the likely variation. Better results test will gives less retest variation with longer delay. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 35 Government Post Graduate College Of Commerce Gujrat Of course the problem with test-retest is that people may have learned and that the second test is likely to give different results. 3. Parallel-Forms Reliability One problem with questions or assessments knows what questions are the best ones to ask. A way of discovering this is do two tests i parallel using different questions. Parallel-forms reliability evaluates different questions and question set that seek to assess the same construct. Parallel-forms evaluation may be done in combination with other methods. Such as splithalf, which divide items that measure the same construct into two tests and apply them to the same group of people? 4. Internal Consistency Reliability When asking questions in research, the purpose is to assess the response against a given construct or idea. Different questions that test the same construct should give consistent results. Internal consistency reliability evaluates individual questions in comparison with one another for their ability to give consistently appropriate results. 5. Split-Half Reliability In split-half reliability, we random divide all items that purport to measure the same construct into two sets. We administer the entire instrument to a sample of people and calculate the total score of each randomly divided half, the split reliability estimates. Crux In the above discussion it will be concluded here, a test can’t be valid if it is unreliable. The reliability is the consistency or precision in measurements. While the validity is the degree to which an instrument measures that which is supposed to be measured. Q:#10 What is meant by research design? Discuss types of investigation, researcher’s interferences and time horizon? Ans: INTRODUCTION Research is the study of the materials sources and data in order to get conclusions. Getting the research design right is the first step towards organized research, which is the most likely to be good research. The research design provides the structure of the research and links all of the elements of the research together. It provides the researcher the opportunity to carefully consider the research - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 36 Government Post Graduate College Of Commerce Gujrat and to plan the way in which they will approach the research. A research design is the framework or guide used for the Planning, implementation, & analysis of study. Definitions Research “Research is a process of steps used to collect and analyze information to increase or understanding of a topic or issue”. Design “Design is a roadmap or a strategic approach for someone toachieve unique expectations”. Research Design “The research design refers to the overall strategy that you choose to integrate the different components of the study in a coherent & logical way, ensuring you will effectively address the research problem”. TypesofResear chDesi gn There are four main types or different research design that has been explained below: 1) Sampling Design: Sampling design is the first type of the research design. It deals with the methods of selecting items to be observed for the study. In business research, companies often generate samples for customers. 2) Observational Design: The second type of design is observational design. It relates to the conditions under which observations are to be created. It is a type of non-experimental research. In this type of design researcher observe ongoing behavior. 3) Statistical Design: The statistical design is third type of design. It concerns with a question of the of “How the information and data gathered are to be analyzed”? 4) Operational Design: Operational design is a discipline that deals with the application of advanced analytical methods to helps to make better decision. It deals with techniques by which the procedures satisfied in sampling. TypesofI nvest i gat i on Investigation is a type of research often brought about by some unwanted situation. The systematic study about a problem is called investigation. There are three types of investigation which are explained below: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 37 Government Post Graduate College Of Commerce Gujrat 1. Descriptive Investigation: A descriptive investigation involves collecting qualitative and quantitative data to draw conclusions about a natural or ma-made system. A descriptive investigation includes a question but no hypothesis. Observations are recorded but no comparison is made and no variables are manipulated. 2. Comparative Investigation: Comparative investigation involves collecting data on different organisms/objects/features or collecting data under different conditions to make a comparison. In comparative investigations, investigator looks for patterns or trends by comparing similarities and differences over the time and under the various circumstances. 3. Experimental Investigation: Experimental investigation involves a process in which a “Fair test” is designed and variables are actively manipulated, controlled and measures in an efforts to gather evidences to support or refute a causal relationship. Experimental investigation have a control group which does not receive any treatment. Research Interferences The extend of interferences by the researcher has a direct bearing on whether the study undertaken in correlation or causal. A correlation study is conducted in a natural environment with minimal interferences by the researcher. In Causal study, the researcher tries to manipulate certain variables so as to study effects of such manipulation on the dependant variable of interest. Degree of Research Interference The researcher interference has three degrees. Let’s elaborate them with one example. 1. Minimal Interference: A Hospital administrator wants to examine the relationship between the perceived emotional support and stress experienced by working staff. In other words, she wants to do a causal or correlation study. The researcher will collect data from the nurses to indicate how much emotional support they get in hospital and to what extend the experience stress. By correlating to variables, the answer is found. 2. Moderate Interference: To test the cause and effect relationship, the researcher will measure the stress currently experienced by the nurses in three wards in the hospital and then deliberately manipulate the extend of emotional support given to the three groups of nurses in three wards for perhaps a week, and measure the amount of stress at the end of that period. 3. Excessive Interferences: The Extend of researcher interference would depend on whether the study is correlation or causal and also the importance of establishing causal relationship beyond one doubt. For Example: During the particular experimental week, the nurses in one or more wards may not have experienced high level of stress because there was no serious illness or death in the wards. Hence, the emotional support received might not be related to the level of stress experienced. 4. Time Horizon: A time Horizon also known as a planning horizon is a fixed point of time in the future at which point certain processes will be evaluate or assumed to end. A time horizon is the length of the time over which on investment is made or held before it is liquidated. It is necessary in an accounting, - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 38 Government Post Graduate College Of Commerce Gujrat finance or risk management regime to assign such a fixed horizon time so that alteration can be evaluate for performance over the same period of time. TypesofTi meHor i zon There are two main types of Time Horizon! 5. Cross-sectional Studies: Cross sectional studies are observational studies. Cross sectional studies make comparison at a single point in time. The definition feature of a cross-sectional study is that it can compare different population groups at a single point in time. The benefit of cross-sectional studies is that it allows researcher to compare many different variables at the same time such as age, gender, income, and educational level etc. 6. Longitudinal Study: A longitudinal study, like a cross-sectional one, is observational. So, once again, researchers do not interfere with their subjects. However, in a longitudinal study, researcher conducts several observation of the some subject over a period of time, sometimes testing many years. The benefit of a longitudinal study is those researchers are able to defect development or changes in the characteristics of target population of both the group and the individual level. Q#11. What are the main steps followed in a research process? Ans: The Research Process Research is a systematic process based on the scientific method that facilitates the identification of relationships and determination of difference in order to answer a particular question. It is beneficial for one who is preparing himself for a career of carrying out research. We can use the - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 39 Government Post Graduate College Of Commerce Gujrat knowledge of research methodology as it is helpful in various fields such as government or business administration, community development and social work where persons are increasingly called upon to evaluate and use research results for action. When we know research is done then one may have the satisfaction of acquiring a new intellectual tool which can become a way of looking at the world. Definitions: “Research is a process of steps used to collect and analyze information to increase our understanding of a topic or issue.” (BY JHON W.Creswell) “Research comprises defining and redefining problems, formulating hypothesis or suggested solutions; collecting organizing and evaluating data; making deductions and reaching conclusions, and at last carefully testing the conclusions to determine whether they fit the formulating hypothesis.” (Clifford Woody) Example: Buying a car involves the research process. The process involving collection of data to decide between a new car and used car, makes, models, and amenities; to consider budget limitations delaer locations, prices and so on. Data are collected and analyzed to answer the question. What type of car best meets my needs and budget, and where is the best place to buy it? This is the research process. Research Process OR Steps The process of gathering information for the purpose of initiating, modifying or terminating a particular investment or a group of investments, the process is an expression of the basic scientific method using the following steps: Research Process - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 40 Government Post Graduate College Of Commerce Gujrat SSte tepp.3 .1 .2 .4 SSte tepp.7 .5 .6 Step.1 (Statement of Problem) The first step in research is “Pinpointing the topic of interest.”Researches usually start out with a vague idea of some problem and then slowly try to refine this idea into a concise statement. They review studies relevant to this topic to further illuminate the problem and refine research question. A strong problem statement is one supported by a thorough review of relevant study results and a strong rational or justification for performing the study like how will this study advance the field of interest. Example: To what extent has the new advertising compaign Bun successfully in creating the high quality customer-centred corporate image that it was intended to produce? How has the new packaging affected the sales of the product? Step.2 (Formulate Hypothesis) Hypothesis and research questions are precise statements or questions of the research problems. A hypothesis is a prediction of what is expected to occur, or a relationship expected - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 41 Government Post Graduate College Of Commerce Gujrat between concepts of interest. The hypothesis is typically tested with some form of experiment. Not all studies test hypothesis. Some ask more general questions about the problem of interest. The focus can be largely descriptive. Formulate hypothesis is tentative assumption made in order to draw out and test its logical or empirical consequences. Hypothesis should be very specific and limited to the piece of research in hand because it has to be tested. “The role of the hypothesis is to guide the research by delimiting the area of research and to keep him on the right track.” Example: A new teaching method is developed that is believed to be better than the current method. Alternative Hypothesis: The new teaching method is better. Null Hypothesis: The new method is no better than the old method. Step.3 (Review o Literature) A thorough search of literature is an important component of the research process. The review involves the collection and summary of prior study that is relevant to the hypothesis or research question. This process assesses what is already known about the problem and refines research questions for extending knowledge in this field. The important focus should be the determination of what the study will add to what is already known. The review can also provide ideas of what methods and instruments can be used to collect the data. In other words, once the problem is defined a brief summary of it should be written down. It is compulsory for a research worker writing a thesis for a Ph.D. Degree to write a synopsis of topic and submit it to necessary committee or the research board for approval. “Systematic identification and location of documents concerning information related to the research problem.” Purpose of a Literature Review Knowledge of current literature and your own reading. Attain a good knowledge of the field of inquiry; facts, scholars etc. Proposed research is really needed. Helps to narrow a problem Generation of hypothesis TQs or questions for further studies. Commence a long-term study of interest. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 42 Government Post Graduate College Of Commerce Gujrat Step.4 (Measurements) Measurement is an important component of research. Individuals vary in their interpretations of particular terms or concepts. For Example;height =60 could means 60 inches, or 60 centimetres. Hence key terms in the problem statement should be defined clearly. To follow the example of height the research should indicate that height is measured in centimetres. This process of definition is called operationalization: The concept in the researcher’s head can be observed, measured, and understood by others. Step.5 (Sample Selection) If the study involves human subjects, then “sample” means a group of people from which data will be collected. If the study is analyzing secondary data collected by another investigator, then sample refers to the data sets. Usually the sample is a group of people representing a target population, and the population is the larger group to whom the results are to be generalized. Types of research bias or systematic errors can be avoided with precise definitions of target population and rigorous sampling strategies. Advantages: Easy to conduct. High probability of achieving a representative sample. Meets assumptions of many statistical procedures. Example: Clusters are locations within which an intact group of members of the population can be found: Neighbourhoods School districts School Classrooms Step.6 (Data Analysis) The analysis of data requires a number of closely related operations such as establishment of categories. This stage mainly includes: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 43 Government Post Graduate College Of Commerce Gujrat Coding Editing Tabulation This step in the process involves the use of statistical techniques to summarize and interpret relevant research results. The main objective of data analysis is to answer the research questions or test the hypothesis. Based on analysis results, conclusions are drawn and interpreted in the context of previous studies. The analysis of data can of two types: TypesofDat aAnal ysi s Quantitative Analysis: Measurements use scale which equal intervals. Examples include: Mass (g), Length (cm), Volume (mc), Temperature (C o or k) Qualitative Analysis: Non-standard scales with unequal intervals or discrete categories Examples include: Gender, Choice, Colour, Scales. Step.7 (Interpretation & Report Writing) Interpretation: Interpretation is the process of making in the sense of numerical data that has been collected, analyzed and presented. Interpretation refers to the task of drawing inferences from the collected facts after an analytical or experimental study. The task of interpretation has two major aspects: Data interpretation is part of daily life for most of people. Technique of Interpretation: Explanation Extraneous Information Guidance Relevant Factors Precautions in Interpretation: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 44 Government Post Graduate College Of Commerce Gujrat Data are appropriate Good homogeneity Proper Analysis Avoid Errors Report Writing: Latin word “Portare” means “to carry”. Re+Port = to carry information again. Document giving summarised and interpretative information of research done and about procedure used by the individual or group. Different steps in writing Report: Logical analysis of subject matter Preparation of the final outline Preparation of the rough draft Rewriting and polishing Preparation of the final bibliography Writing the final draft Researcher has to prepare the report of what has been done by him. Writing of report includes: The preliminary pages, The main text and The end matter. Interpretation and report writing is the research for broader, meaning of research finding. Summing UP Good quality research requires a research to follow scientific approach. Research must follow scientific steps of this process, and must carefully select among different research designs, and specific research questions and the overall objectives of the study. Q:#12 Define a survey? Discuss the different types of data collection through a survey method? Ans: INTRODUCTION - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) CIQLongirsteuSvwldAmti:ca lOMoARcPSD|20058336 45 Government Post Graduate College Of Commerce Gujrat There are various methods of data collection in business research is one of them. Surveys are a good way of gathering a large amount of data, providing a broad perspective. Survey in research human subjects, is a list of questions aimed at extracting specific data from a particular group of people. Survey maybe conducted by phone, mail, via internet or sometimes face-to-face. Definition: (Survey): “Survey an instrument to collect data that describe one or more characteristics of a specific population.” (Survey Research): “Survey research involves collecting data to that hypothesis or to answer questions about people’s opinion on some topic or issue.” “Survey research involves the collection of information from a sample of individuals through their responses to questions.” Examples: Make a survey report to get information you need to make better decision about your production & services. Make a survey report to check that how much satisfied your customer about your product. TypesofDat aCol l ect i onThr oughSur veyMet hod There are various types of surveys you can choose from. Basically the types of surveys are broadly categorized into two: (A) According to Instrumentation (B) According to span of time The types of surveys according to instrumentation include the two: Questionnaire - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 46 Government Post Graduate College Of Commerce Gujrat Interview On the other hand the types of surveys according to span of time used to conduct the survey are comprised of: Cross-sectional Longitudinal Surveys (A) According to Instrumentation In survey research the instruments that are utilized can be either a questionnaire or an interview (either structured or unstructured). 1. Questionnaires Typically, a questionnaire is a paper-and-pencil instrument that is administered to the respondents. The actual questions found in questionnaires are closed-ended questions, which are followed by response options. However, there are questionnaires that ask open-ended questions to explore the answers of the respondents. Definition: “A set of printed or written questions with a choice of answers, devised for the purposes of a survey or statistical study.” Types of Questionnaire 1. Closed-Ended Questions Closed-ended questions limit the answers of the respondents to response options provided on the questionnaire. 2. Open-Ended Questions In open-ended questions, there are no predefined options or categories included. The participants should supply their own answers. 3. Matrix Questions Matrix questions are also closed-ended questions, but are arranged one under the other, such that the questions from a matrix or a table with identical response options placed on top. 4. Contingency Questions Questions that need to be answered only when the respondent provides a particular response to a question prior to them are called contingency questions. Advant agesofQuest i onnai r e Ideal for asking closed-ended questions. Effective for market and consumer research. Di sadvant agesofQuest i onnai r e Limit the researcher understands the respondent’s answer. Require budget for reproduction of survey questionnaire. 2. Interviews Between the two broad types of surveys interviews are more personal and probing. Questionnaires do not provide the freedom to ask follow-up questions to explore the answers of the respondents, but interviews do. Definition: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 47 Government Post Graduate College Of Commerce Gujrat “Interview is the verbal conversation between two people with the objective of collecting relevant information for the purpose of research.” Types of Interviews There are the three fundamental types of research interviews: 1. Structured Interviews The questions are asked in a set standardized order and the interviewer will not deviate from the interview schedule or probe beyond the answers received (so they are not flexible) informal interviews. 2. Unstructured interviews These are sometimes referred to as discovery interviews & more like a guided conversation than a strict structured interview. They are sometimes called informal interviews. Group Interviews 3. This refers to interviews where a dozen or so many respondents to make sure the group interact with each other and not drift off topic. Advant agesofI nt er vi ew Easy correction of speech Development of Relationship Time Saving Increase knowledge Less costly Selection of Suitable Candidate Flexible & Sufficient info Di sadvant agesofI nt er vi ew (B) Incomplete process No Record Lack of attention Disappointed Time Consuming Biases of interviewer Not suitable for the personal matters According to the Span of Time The span of time needed to complete the survey brings us to the two different types of surveys: 1. Cross-Sectional Collecting information from respondent at a single period in time uses, sometimes it used to identify relationship between two variables. Cross-sectional question usually use to ask about a particular at one point in time. Definition: “Cross-sectional research design is one in which researcher collects data at particular point of time (one period of data collection)” Example: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 48 Government Post Graduate College Of Commerce Gujrat An example of cross-sectional survey about the relationship of peer pressure is cigarette smoking among teen-agers. Char act er i st i csofCr ossSect i onal Snapshot of different samples at one or more points in time. Large scale and representative sampling. Macro level analysis. Enables different groups to be compared. Can be retrospective and/or prospective. Advant agesofCr ossSect i onal Comparatively quick to conduct. Comparatively cheap to administer. Limited control effects as subjects only participate once. Charts aggregated patterns. Data can be used for various types of research. Not costly to perform and does not require a lot of time. Di sadvant agesofCr ossSect i onal 2. Do not permit analysis of casual relationships. Does not help determine cause and effect. The timing of the snapshot is not guaranteed to be representative. Unable to chart changing social processes over time. Omission of a single variable can undermine the results significantly. Longitudinal Survey When the researcher attempts to gather information over a period of time or from one point to another he is doing longitudinal survey. Definition: “An observational research method in which data is gathered for the same subjects repeatedly over a period of time.” Char act er i st i csofLongi t udi nal Single sample over extended period of time. Enables the same individuals to be compared over time. Micro-level analysis. Advant agesofLongi t udi nal They can show clear variable patterns over time. They allow for clear focus and validity. They can provide useful data. They have more power than cross-sectional studies. They are perfect for doing research on developmental trends. They are flexible. Di sadvant agesofLongi t udi nal They drop-out from a panel study. They require enormous amounts of time. They would gather data that is not reliable. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 49 Government Post Graduate College Of Commerce Gujrat They require a large sample size. They can be costly compared to cross-sectional studies. Summing UP ……………………………………………………………………………………………………………………… ……………………………………………………………………………………………………………………… ……………………………………………………………………………………………………………………… ……………………………………………………………………………………………………………………… …………………………………………………………………………………………………………………….. Q:13 Explain the concept of theoretical framework. Further discusses different type of variables with the help of examples? INTRODUCTION Ans: A theoretical framework is the foundation of hypothetic deductive research as it is the basis of the hypothesis that you will develop. It represent your beliefs on how certain phenomena (or variables or concepts) are related to each other and an explanation of why you beliefs that these variables are associated with each others. If you want to successfully predict what outcomes may arise, having a goal theoretical framework will help lead you in the right direction. Definitions: “A theoretical framework guides your research determining what things you will measure and what satisfied relationships you will look for.” (wikipedia) “A group of related ideas that provide guidance to a research project or business endeavour.” (creswell) - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 50 Government Post Graduate College Of Commerce Gujrat Identify the concept Explore the relationship B/T variables Define variable Develop relational statement propositions Operationalize variables Purpose of Theoretical Framework: To test theories To make research findings meaningful and generalizable To establish orderly connections between observations and facts To predict and control situations To stimulate research. From the theoretical framework, then testable hypotheses can be developed to examine whether your theory is valid or not. It is essential to understand what a variable means and what the different types of variables are. Variables A variable is anything that can take on differing on varying values. The values can differ at various times for the same object or person, or at the same time for different objects or person. E.g.: Production units, absenteeism and motivation. Variables are called what they are because it is assumed that the cases will vary in their scores on these attributes. “If the variable is Age, we obviously recognize that people can be different ages.” - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 51 Government Post Graduate College Of Commerce Gujrat Mo d e ra ti n aV g riab le s M deiati ngVa riable s Typ efOs Vrai baels Inde pned ntVa riable s Jo b S a ti sf a c ti o n Jo b F re e d o m S a la r y Dep nde taVri ables 1. Dependent Variables: The dependent variable is the variable of primary interest to the researcher. It is the main variable that lends itself for investigation as a viable factor. “The variables that depends on other functions or factors that are measured. These variables are expected to change as a result of an experimental manipulation of the independent variable or variables.” It is possible to have more than one dependent variable in a study. For example; there is always a tussle between quality and volume of output, low-cost production and customer satisfaction. Example: In education the dependent variable is the achievement or learning and the independent is the method of teaching. Example: INDEPENDENT VARIABLES DEPENDENT VARIABLES EMPLOYEE COMPETENCIES NEW PRODUCT DEVELOPMENT ORGANIZATIONAL EFFECTIVENESS STRONG ORGANIZATIONAL CULTURE 2. Independent Variable: Independent variable is one that influences the dependent variable in either a positive or negative way. That is when the independent variable is present, the dependent variable is also present - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 52 Government Post Graduate College Of Commerce Gujrat and with each unit of increase in the independent variable, these is an increase or decrease in the dependent variable. Conditions: The independent and the dependent variable should convey. The independent variable should precede the dependent variable. No other factors should be a possible cause of the change in dependent variable. A logical information/explanation is needed. Example: The successful new product development has an influence on the stock market price of the company. That is, the more successful the new product turns out to be, the higher will be the stock market price of that firm. New Product Success in independent variable and Stock Market price in Dependent variable. 3. Moderating Variable: Moderating variable is a variable, the presence of which modifies the original relationship between the independent and the dependent variables. That has a strong contingent effect on the independent variable-dependent variable relationship. Example: The diversity of the workforce (different ethnic origins races) contributes more to organizational effectiveness and skills to the workplace. Managers must know how to encourage and coordinate the talents of the various groups to make things work. The managerial expertise then because the moderating variable. Workforce Diversity (Independent variable)Organizational Effectiveness (Dependent Variable) Managerial Expertise (Moderating Variable) 4. Mediating Variable: A mediating variable (or intervening variable) is one that surface between the times the independent variable start operating to influence the dependent variable and the time their impact is felt on it. It is a variable whose existence is inferred but it cannot be measured. Example: The independent variable (workforce diversity) influences the dependent variable (organizational effectiveness), the mediating variable that surfaces as a function of the diversity in the workforce is “Creative synergy”. This creative synergy resulted from a multiethnic, multiracial and multinational. It helps us to understand and conceptualize how workforce diversity brings about organizational effectiveness. Independent VariableIntervening VariableDependent Variable - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 53 Government Post Graduate College Of Commerce Gujrat Example: Higher education typically leads t the higher income. Higher Education ---------Independent Variable Higher Income-------------Dependent Variable Better Occupation---------Intervening Variable Conclusion To be concluding the theoretical framework is a group of related ideas that provides guidance to a research projects. Framework describe as the abstract, logical structure of meaning that guide the development of the study. Theories are purposely created & formulated, never discovered it. Q#14 Define hypotheses, Explain the different types of hypothesis with example. A/12 Ans: INTRODUCTION: A hypothesis helps to translate the research problem and objective into a clear explanation or prediction of the expected results or outcomes of the research study. A hypothesis is a formal tentative statement of the expected relationship between two or more variables. DEFINITIONS: According to Kelinger, 1956: ‘’ A hypothesis is a conjectural statement of the relation between two or more variables.’’ According to Creswell, 1994: ‘’ Hypothesis is a formal statement that presents the expected relationship between an independent and dependent variable.’’ General definition: ‘’ Hypothesis is a tentative prediction or explanation of the relationship between two variables. It implies that there is a systemic relationship between an independent and dependent variable. EXPLANATION: A hypothesis can be defined as a tentative yet testable, which predicts what you expect to find in your empirical data. Hypothesis can be defined as logically conjectured relationship between two or more variable expressed in the form of testable statements. By testing the hypothesis - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 54 Government Post Graduate College Of Commerce Gujrat and confirming the conjectured relationship. It is expected that solutions can be found to correct the problem encountered. EXAMPLE: Health education program influence the number of people who smoke. Newspaper effects people voting pattern. Attendance at lectures influences exam marks. TYPESOFHYPOTHESI S There are following types of hypothesis. They are discussing below one by one. 1. Directional hypothesis 2. Non-directional hypothesis 3. Null hypothesis 8. Associative hypothesis 4. Alternative hypothesis 9. Statistical hypothesis 5. Simple hypothesis 6. 7. Complex hypothesis Casual hypothesis DIRECTIONAL HYPOTHESIS: ‘’ Directional hypothesis states the nature of the relationship between two or more variables such as positive, negative or no relationship .’’ The directional to express of the relationship between variables, the directional term are used to state the hypothesis such as positive, negative, less, more, increased, decreased, great, higher or lower etc. These are directional hypothesis because the direction of the relationship between the variables (positive/negative) in indicated, as in the first example below, or nature of the difference between two groups on a variable is postulate, as in the second example. EXAMPLE The greater the stress experienced in the job, the lower the job satisfaction of employees. Women are more motivated than men. NON-DIRECTIONAL HYPOTHESIS: ‘’ It reflects the relationship between two or more variable, but is does not specify the anticipated directional and nature of relationship such as positive or negative.’’ Non-directional hypothesis are those that do postulate a relationship on difference, but offer an indication of the direction of those relationship or differences. In other words, though it may be conjectured that there is a significant relationship between two variables. EXAMPLE - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 55 Government Post Graduate College Of Commerce Gujrat There is a relationship between age and job satisfaction. There is a difference between the work ethic value of American and Asian employees. NULL HYPOTHESIS (H0) ‘’ It states the existence of no relationship between the independent and dependent variable. ’’ Null hypothesis is contrary to the positive statement of a working hypothesis. According to null hypothesis there is no relationship between dependent and independent variable. It is donated by ‘HO’. The null hypothesis may states that correlation between two variables is equal to zero. The null hypothesis statement expressed in terms of there being no relationship between two variables. Example There is no relationship between smoking and the incidence to coronary artery disease. ALTERNATIVE HYPOTHESIS (H1) ‘’ The statement expressing a relationship between two variable or indicating difference between groups.’’ Firstly many hypothesis are selected than select one which more workable and most efficient. It isdenote by (H1) alternative hypothesis is contrary to null hypothesis. EXAMPLE There is a relationship between health and smoke. A researcher has been observing the water quality over the year. Here, the null hypothesis may be no change in water quality in first half as compared to second half. Against this alternative hypothesis may be the quality is poor in second half in the observation. SIMPLE HYPOTHESIS ‘’ It is a statement which reflects the relationship between two variables .’’ Simple hypothesis is that one in which there exists relationship between two variables are is called independent variable or cause and other is dependent variable or effect. EXAMPLE Smoking leads to cancer. The higher ratio of unemployment leads to crime. COMPLEX HYPOTHESIS ‘’ It is a statement reflect the relationship between more than two variables.’’ Complex hypothesis is that in which as relationship among variables exists. In this type of dependent as well independent variables are more than two. EXAMPLE - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 56 Government Post Graduate College Of Commerce Gujrat Smoking and other drugs leads to cancer and chest infection etc. The higher ratio of unemployment poverty, illiteracy lead to crimes like dacoit, robbery etc. CAUSAL HYPOTHESIS ‘’The causal hypothesis reflects the measurement of dependent variable to examine the effect of dependent variable, which is manipulated by the researchers. ’’ It predicts the cause-and-effect relationship between two or more dependent and independent variable in experimental or interventional setting. Independent variable is manipulated by research to examine the effect on the dependent variable. EXAMPLE Prevalence of pin site infection is lower in patients who receive pin site care with hygrogram peroxide as compared to patient who receive the pin site care with beta dine solution. ASSOCIATIVE HYPOTHESIS ‘’ It reflects a relationship between variables that occurs or exists in natural setting without manipulation .’’ This hypothesis is used in correlation research studies. The associative hypothesis relationship between two variables, when one variable change, the other changes. EXAMPLE Communication skills of health care providers and cost of care related to the satisfaction of patients. An increase in variables X is associated with an increase in variable Y in a specific population. An increase in variable X is associated with a decrease in variable Y in a specified population. STATISTICAL HYPOTHESIS ‘’ A hypothesis is proposed for the statistical relationship between the two data set .’’ A statistical hypothesis, some called confirmatory data analysis, is a hypothesis that is testable on the basic of observing a process that is modeled vice a set of random variables. A hypothesis is proposed for statistical relationship between the two data sets, and this is compared as alternative to an idealized null hypothesis that proposed no relationship between two data sets. EMPIRICAL HYPOTHESIS Working hypothesis is that one which is applied to a field. During the formulation it is an assumption only but when it is pat to a test become empirical hypothesis. CRUXThe hypothesis is relationship between two variables. So, this relationship proves it is true or wrong. That’s why relationship should be free from basic data or any kind of material which effects relationship. Q#15 What is variable? Explain four main types of variables in research? - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 57 Government Post Graduate College Of Commerce Gujrat Ans: INTRODUCTION: Variable is central idea in research. ‘’Variable is a concept that varies’’. The variable is defined as anything that varies or changes in values. The values can differ at various times for the same object or person, or at the same time for different objects or persons. Variable can be discrete (e.g; male/female) or continuous (e.g. the age of an individual). DEFINITIONS: ‘’ A concept that can take on different quantities values is called variables’’ ‘’ A variable, as the name implies, is something that varies e.g. Weight, height, anxiety levels, income, body temperature and so on.’’ ‘’ Variable is a property that takes on different values’’. EXAMPLE: Production units, absenteeism and motivation. FOUR TYPESOFVARI ABLES: 1. Independent variable (Workforce diversity) 2. Dependent variable (organizational effectiveness) 3. Moderating variable (Managerial variable) 4. Mediating/intervening variable (creative synergy) 1. INDEPENDENT VARIABLE: Independent variable is one that influences the dependent variable in either a positive or negative way. When independent variable is present, the dependent variable is also present. In other words, with each unit of increase in the independent variable, there is an increase or decrease in the dependent variable. The condition that is intentionally changed by the investigator in an experiment. There can be only one independent variable in an experiment. EXAMPLE: Success of the new product OR modifying existing method of instruction. 2. DEPENDENT VARIABLE: ‘’ The dependent variable is the variable of primary interest to the researcher. Through the analysis of the dependent variable is possible to find answers or solution to the problem’’. The researcher’s goal is to understand and describe the dependent variable, or to explain its variability, or predict it. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 58 Government Post Graduate College Of Commerce Gujrat Variable that affected by the independent variable. It responds to the independent variable. Variation in dependent variable is depends on the variation in the independent variable. EXAMPLE: If the independent variable is the use or non-use of a new language teaching procedure, then dependent variable might be student’s scores on a test/or stock market price. MODERATING VARIABLE: 3. ‘’ The presence of the third variable (the moderating variable) modifies the original relationship between the dependent and independent variables.’’ The moderating variable is one that has a strong contingent effect on the independent variable dependent variable relationship. In other words, the variable that moderates the relationships is known as moderating variable. EXAMPLE: Work force diversity (independent variable) Organizational effectiveness (dependent variable) Managerial expertise ( Moderating variable) 4. MEDIATING VARIABLE: ‘’ Mediating variable refer to abstract processes that are not directly observable but that link the independent & dependent variable’’. The intervening variable acts as a dependent variable with respect to independent and acts as an independent variable towards the dependent variable. EXAMPLE: If the use of a particular teaching technique is the independent variable and mastery of objectives is dependent variable, then language learning process used by subjects are inter vining variables. OTHER TYPESOFVARI ABLES 1. 1. Extraneous variables 2. Control variables Extraneous variables: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 59 Government Post Graduate College Of Commerce Gujrat It is also called the confounding variable. Extraneous variable are those factors in the research environment which may have an effect on the dependent variable, but which are notcontrolled. Extraneous variable are dang euros. They may damage a study’s validity making it possible to know whether the effects were caused by the independent and moderate variable or some extraneous factor. If they cannot be controlled, extraneous variable must at leave b taken into consideration when interpreting results. The un-desired variable are called extraneous variable. EXAMPLE: 2. If you want to measure the relationship between students working hours and exam performance. Student intelligence plays as a one of the extraneous variable in this study. CONTROL VARIABLE: Language learning and teaching are very complex processes. It is not possible to consider every variable in a single study. Therefore, the variables that are not measured in a particulars study must be held constant, neutralizes/ balanced or eliminated. So they will not have a biasing effect on the other variables. Variables that have been controlled in this way are called control variable. EXAMPLE: Battery, wire, type of nail etc. Relationship among variables The relationship between variable can be understand by this diagram. Control variable Extraneous variable Independent variable Intervening variable Moderator variable Dependent variable It is very important to understand relationship between variables to draw the right conclusion from a satisfied analysis. The relationship between variables determines how the right conclusions are reached. Without an understanding of this, you can fall into many pitfalls and infer wrong results from your data. CRUX At the end, we can conclude that, variables are measurable characteristics that vary. It may change from group to group, person to person, or even within one person overtime. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 60 Government Post Graduate College Of Commerce Gujrat Q#16: Define broad problem area. Also explain how to develop a sound problem statement explain with the help of suitable example? THE BROAD BROBLEM AREA Ans: INTRODUCTION: The managers have to be alert and responsive to what is going on, both within their organization and in its environment, in order to take effective decisions and develop effective courses of action. The origin of most stems from the desire to get a grip on issues, concerns and conflicts within the company or in it environment. In other words ……… research typically begins with a problem. A problem could also indicate an interest in an issue where finding the existing situation. WHAT IS PROBLEM A matter or situation regarded as unwelcome or harmful and needing to be dealt with and overcome. OR A problem is an obstacle which makes it difficult to achieve a desired goal, object, purpose. DEFINITION “If there is change in current conditions with our desire than it will be a problem.” “It refers to situations, condition or issue that is yet unresolved.” EXAMPLE OF PROBLEM: 1. 2. 3. 4. Staff turnover is higher than anticipated. The current employees for management positions are imperfect. Minority group members in organization are not advancing in their careers. The newly installed information system is not being used by the managers for whom it was primary designed. 5. 6. The introduction of flexible work hours has created more problems than it has solved. Young workers in the organization show low level of commitment to the organization. INFORMATION GATHER FOR PROBLEM: Information gather (sources of information) are articles, textbooks, conference, proceeding and internet. Nature of information: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 61 Government Post Graduate College Of Commerce Gujrat Background information on the organization and its environment (that is the contextual factors.) the body of knowledge available to you or what is already known and written down. (Literature) Types of data: Primary data Secondary data 1. Primary data: The term refers to information that the researcher gathers first hand through instruments such as surveys, interviews, focus groups, or observation. 2. Secondary data: The data that already exist and they don’t have to be collected by the researchers. DEFINING THE PROBLEM STATMEMT After gathering preliminary information, the researcher is in a position to narrow down the problem from its original broad base and define the issues of concern more clearly. It is critical that the problem statement is unambiguous, specific and focused and that the problem is addressed from a specific academic perspective. WHAT IS STATEMENT? A statement is a sentence. A sentence is complete idea. There is a subject and a predicate. The meaning is completely clearly to the reader. EXAMPLE OF PROBLEM STATEMENT: CAA airlines carry out charter and regular flights to medium haul destination –such as the Mediterranean. North African and the red sea-and to long-haul destinations such as the Caribbean. Despite an intensive maintenance program, these planes have a lot of technical issues. This means that more delays will inevitably occur. Prior research has claimed that services wait can be controlled by two techniques: 1. operation manager 2. management perception For CAA airlines it is very difficult to obtain “zero defects”. Hence, this project will focus on managing the perceptions of wait experience. Because CAA airlines cannot control actual delays. The purpose of this study is twofold: Identify the factors that influence passengers waiting experience. To investigate the possible impact waiting on customer satisfaction and service evaluation. RESEARCH QUESTION: What are the factors that affect the perceived waiting experience of airline passengers and to what extent do these factors affect the perception of waiting times? What are the affective consequences of waiting and how does affect mediate the relationship between waiting and service evaluations? How do situational variables influence customer reactions to the waiting experience? - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 62 Government Post Graduate College Of Commerce Gujrat Drawing from prior research in the area of waiting, services evaluations and mood theory, hypotheses are generated regarding the relationship among a delay, the waiting experience, affect and service evaluation. The hypothesized relationships are tested in field sitting involving delayed CAA airlines passengers. BUSINESS PROBLEM TRANSLATED INTO PROBLEM STATEMENT: Problem: Frequent and long delays may translate into much frustration among airline passengers, to switching behavior and to negative word-of-mouth communication. These feelings and behavior eventually have negative effects on the performance and profitability of the firm. PROLEM STATEMENT Research objectives Research question 1) The purpose of this study is twofold. 1) What are the factors that affect the perceived waiting experience of airline passengers and to what extent do these factors affect the perception of waiting times? 2) To identify the factors that influences the passengers’ 2) What are the effective consequences of waiting waiting experience. and how does affect mediate the relationship but service evaluations. 3) To investigate the possible impact of waiting 3) How do situational variables influence on customer satisfactions and service customer reaction? evolutions. FACTORS OF PROBLEM STATEMENT: There are two factors of problem statement; 1) Research Objectives: Research has a purpose focused. Where as the purpose is to extend knowledge of business and management.i.g increase the commitment of employees that turn lower turnover and absenteeism etc? Example of research objectives: To find out what motivates consumers to buy a product online. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 63 Government Post Graduate College Of Commerce Gujrat 2) To study the effect of leadership style on employees job satisfaction. To determine the optional price for a product. To investigate the influence of the in store shopping environment on impulse buying. To understand the causes of employees absence. Research questions: The research question specifies what you want to learn about the topic. They guide and structure the process of collection and analyzing information to help you to attain the purpose of your study. Example of research questions: To what extent do the structure of the organization and type of information system installed account for the variance in the perceived effectiveness of managerial decision making? How has the new packing affected the sales of the product? Has the new advertising message result in enhanced recall? How do price and quality rate on consumer’s evaluation of product? Does expansion of international operations result in an enhancement of the image and value? CURX: A problem statement must be relevant if it is meaningful. It must be feasible. So, that statement will remove your problem after defining it. Q#17 What is a research report, Discuss the integral part of a research report. Ans: INTRODUCTION: Research report is a medium to communicate research work with relevant people. It is a good source of preservation of research work for the future reference. Mostly, research work is presented in a written form. The practical utility of research study depends leaving on the way it is presented to those who are expected to act on the basis of research findings. Definition: “Research report is a research document that contains basic expects of the research project” General Definition: “Research report is the systematic, articulate, and orderly presentation of research work in a written form.” Definition: “A written document or oral presentation based on a written document that communication the purpose, Scope, objectives, hypotheses, methodology, findings, limitations and finally, recommendations of a research project to others.” Example of use of a Research Report A marketing research report summarizing the supply and demand statistics for a new product. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 64 Government Post Graduate College Of Commerce Gujrat Integral parts of the Report/ Contents of the research report 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. The title and the title page The executive Summary or abstract Table of contents Preface The Authorization letter The introductory Section The body of the Report The Final part of the Report Acknowledgements References Appendix 1-The title and the title page: Title indicates what the study is all about. The title of your research report permits potential research to obtain a first idea of your study and to decide whether they want to read your report in its entirety. The good title also grabs attention and entices people to read the research report. In addition to title of the project, the title [age will also indicate further relevant information. Example: “Title” “A study of portfolio management and risk management in investment firms” Sponsor’s Name Name of Researcher(s) Affiliations Date of report 2-The Executive Summary or Abstract: The executive summary or abstract is a brief account of the entire research study. The executive summary is probably the first part of your research report that is read by the sponsors of your study. They will use it to get an initial idea about of your study, Executive summary stating important information on problem statement Sample design Data collection methods Analysis Result Conclusions/Findings and recommendations Suggestions. 3-Table of Contents: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 65 Government Post Graduate College Of Commerce Gujrat The table of contents usually lists the important heading and subheading in the report with page reference. For the reader, the table of contents serves as a guide through the research report. A separate list of tables and figures should also be listed in the table of contents. Page 12349- Page Proposal 1 5- Result of data analysis Letter of Authorization 2 6- Conclusions Introduction 3-6 7- Recommendations Preliminary data 6-10 8- Acknowledgement Reference 42-45 10- Appendices 16-28 29-35 36-38 39-41 46 List of Tables, Figures and other materials: If the research report contents charts, figures, maps, tables, photographs, or other types of material, each series of these should be listed in an appropriate list on the page or pages immediately following the table of contents. 4-Preface: The preface is used primarily to mention matters of background necessary for an understanding text. Items such as the following many also be mentioned were unless they are more extensively considered in the body of research report: Why the report has been written, research for selection of subject, difficulties encountered along the way etc. 5-The Authorization letter: A copy of letter of authorization from the sponsor of the study approving the investigation and detailing its scope is sometime attached at the beginning of the research report. Also state the blessings of sponsor organization for the goods of study. 6-The introductory Section: The layout of the first chapter is more or less standard. This computer contain, in the following order. 123- Introduction Reason for the research and the purpose of research Problem statement and the research questions. 4- The scope of the study 567- Research method Managerial relevance Structure and division of chapter in the research report. 7- The Body of the Report: This is the main section of the report. There needs to be several sections with each having a subtitle. The various sections include review of literature, materials and methods and results. A discussion section can also be included at the end of the body to go over by finding and their significance. It also includes: Interviews Surveys Hypothesis Sample Design - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 66 Government Post Graduate College Of Commerce Gujrat Theories Applied Nature and type of study 8- The final part of the Report: The aim of this part is to interpret the result of the research with regard to the research questions. This is a very important aspect of the research report. This include the following aspects: The main Findings The Implication of these finding Recommendation for implementations Cost benefits analysis Limitations of the study. 9-Acknowledgements: A list of people and organizations who have helped you in the compilation of report and other related work. A word of thanks to sponsor, guide if any, surveyors, liaisons etc. 10-References: List of references and citations used. This is a list giving the fuel details of all resources to which you have made reference within your text. Foot notes: If any foot note may be either shown separately at the end of the report at the bottom of the page where it occurs. E.g. Annual report- RBI- 2011 Page 236 Section 2.b, BR ACT, 1956 11-Appendix: List of material used organizational chart. Materials like clippings used to substantiate the report. Questionnaire used. If there are several appendices, they should be referred to as appendix A, B, C…. or 1, 2, 3 etc and so on. Q#18: Define Sampling? Discuss the types of probability sampling design? Ans: INTRODUCTION The word sampling is derived from “sample” which means “a subset of population”. Sampling is basically a statistical tool that is used after data collection. In order to get conclusion about something on general basis from whole part, Sampling unit, is basically element or set of elements that is available fro selection more stage of sampling process. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 67 Government Post Graduate College Of Commerce Gujrat REASONS FOR SAMPLING For time saving For cost saving For gaining sample for result For removing difficulty in huge investigation DEFINITIONS According to Business Dictionary “The act or process of selecting sample for testing, analyzing etc” According to Marriam “The act, process or technique of selecting a representative part of population for purpose of determining parameters of whole population” According to Roger Bougie “A process of selecting a number of units for a study in such a way that the units represent the larger group from which they are selected” PROBABILITY SAMPLING DESIGN A probability sampling method is any method of sampling that utilizes some form of random selection. In order to have a random selection method, you must set up some process or procedure that assures the different units in your population have equal probability of being chosen. EXAMPLE A satisfaction survey was conducted for a computer retailer, in New Zealand. The purpose was to improve internal operations. For this, customer feedback was attained from customer representative sample from every tenth person in computer retailer shop. For this questionnaire were distributed. Telephone calls and emails were planned for gaining more responses. PROBABILITY SAMPLING Unstricted Sampling ( Random sampling) Restricted sampling (Complex probability sampling) Probability sampling design can be either restricted or Unstricted. It can either take random samples or more complex samples. As in restricted more comprehensive information collected as compare to restrict. As we are interested in taking some elements from whole population, in order to get a probable generalized conclusion. TYPES OF PROBABILITY SAMPLING DESIGN Simple random sampling Systematic sampling Stratified random sampling Cluster sampling Area sampling - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 68 Government Post Graduate College Of Commerce Gujrat Double sampling Multistage sampling 1) SIMPLE RANDOM SAMPLING “All elements in population are considered and each element ahs an equal chance of being chosen as the subject” Explanation In simple random sampling, randomly each element is selected for sampling purpose. The each element has equal importance for choosing a subject. Advantages Findings will be highly generalized. Less time consuming Cost is less required Disadvantages Not as much efficient as the stratified sampling Comprehensive data cannot be collected. 2) SYSTEMATIC SAMPLING “Systematic sampling design involves drawing every nth element in the population starting with a randomly chosen element 1 and n” Explanation In systematic sampling a particular number in population is chosen. This number is starting from a random point in the sampling frame. A sampling is done in a systematic manner. Advantages Easy to use in gathering responses. A frame of sample is available. Focusing on representatives of population, help to remove difficulty in reponses. Disadvantages Importance is given only to representatives. Biasness can be created in sampling. 3) STARTIFIED RANDOM SAMPLING “Population is first divided into meaningful segments, thereafter subjects are drawn in proportion to their original numbers in the population” Explanation - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 69 Government Post Graduate College Of Commerce Gujrat In stratified random sampling, the whole population is divided into meaningful segments. After this subjects are drawn in proportion to their origin. Advantages More efficient among other sampling design. All groups are adequately sampled. Easily comparisons among groups are made. Disadvantages More time consuming Frame is needed to make for every sample. 4) CLUSTER SAMPLING “Groups that have heterogeneous members are first identified, then some are chosen at random, all members in each of randomly chosen groups are studied” Explanation Groups or chunks of elements are identified; in cluster more heterogeneity and homogeneity groups are made. It is reverse of what we find in stratified sampling. Advantages Cost of data collection is very time. Convenient in gathering responses. Randomly heterogeneous groups made and help to clarify objectives. Disadvantages Biasness in results will be created. Only generalized data collected. Least reliable in probability sampling. 5) AREA SAMPLING “Cluster sampling within a particular area or locality conducted. Some specific areas are selected for sampling” Explanation Area sampling is a specific type of cluster sampling. In area sampling, specific cities from geographically locations are selected and sampling is based on it. Advantages Useful for making decisions relating to particular area. Cost effective among all sampling. It covers many grounds in geographical region. Disadvantages Time taking in data collection. Only specific areas are selected. No comprehensive results can be collected. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 70 Government Post Graduate College Of Commerce Gujrat 6) DOUBLE SAMPLING “The same sample or a subset of the sample is studied twice” Explanation This type of sampling is conducted when further data is needed for any specific objective. In this the preliminary data collected are useful and subsets are used for more details. Advantages More insights into any problematic area. Detailed information is collected. Studies are more comprehensive. Disadvantages Respondent may not happy responding again. Biased subset can be chosen. 7) MULTISTAGE SAMPLING “Multistage sampling in which simple systematic and stratified samplings are combined in stages” Explanation In multistage sampling as compare to the single stage sampling, different stages are made. As in first stage primary sets are made in second stage subset are made then third stage work on sets and subsets is done and find stage, we sample every member in units. Advantages It is used in useful ways for sampling needs. More desired results and data can be collected. All sampling techniques are used in this type. Disadvantages It is complex type of sampling. Variations may be created in different stages findings. Q19# Differentiate between exploratory, descriptive and explanatory studies? Ans: INTRODUCTION A research design is a blue print for collection, measurement and analysis of data based on the research questions of the study. Studies may be exploratory, descriptive or casual in nature. The nature of study depends on the stages to which knowledge about the research topic has advanced. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 71 Government Post Graduate College Of Commerce Gujrat DEFINATIONS Exploratory study “An exploratory study is undertaken when not much is known about the situation at hand or no information is available on how similar problems or research issue have been solved in past.” DESCRIPTIVE “The describe study is often designed to collect data that describes the characteristics of persons events or situations.” EXPLANTORY / CASUAL “Explanatory study is the research which is interested in delineating one or more factors that are causing the problems.” DIFFICULT Exploratory study is difficult because no information is available on issues in past. Descriptive study is not difficult as compared to exploratory because data is available for research. It can be difficult to reach appropriate conclusion on the basis of casual research finding due to impact of factors in social environment. OBJECTIVES An important objective of descriptive research is described characteristics and functions. The main objectives of exploratory are discovery of ideas and thoughts. The primary objective of exploratory study is to obtain information about the link between the cause and results of evidence. OVERALL DESIGN Overall design of descriptive is rigid for research. Exploratory study has flexible overall design for research. RESEAECH PROCESS Descriptive study has the structured research process for research. Exploratory study has the un structured research process for research. Explanatory study has the highly structured research process for research. SAMPLING As opposed to descriptive research used the probability sampling design. Non probability sampling design is used in exploratory study. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 72 Government Post Graduate College Of Commerce Gujrat Explanatory research could be done through using group and probability sampling. The primary good is to understand the nature of relationship between independent and independent variable. STATISTICAL DESIGN When it comes to statistical design descriptive study has the pre planned design for analysis. In exploratory study statistical design has no pre planned design for analysis. The statistical design for explanatory study has pre planned design for analysis. KEY RESEARCH STATEMENT In the descriptive study research question is key research statement. In exploratory study also use research question is key research statement. In casual or explanatory study research is used as key research statement. EXAMPLE What product features are the most important to our customer? What kind of new product are fast food consumers interested in? Which of two adverting campaigns will be more effective? CRUX These research studies play a significant role in success of researcher while he focusing all above mentioned studies during research. Interval & Ratio Scales? INTRODUCTION The degree of sophistication to which scales are fine-tuned & information on the variables can be obtained in greater detail when we employ an interval & ratio scale rather than using other scales. Definitions Scale: “A scale is a tool or mechanism by which individuals are distinguished as to how they differ from one another on the variable of interest to our study.” Interval Scale: “An interval scale allows us to perform certain arithmetical operations on the data collected from the respondents.” Example: My job offers me a chance to test myself & my abilities. Strongly Disagree Disagree 1 2 Neither agree nordisagree 3 - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) Agree Strongly Agree 4 5 lOMoARcPSD|20058336 73 Government Post Graduate College Of Commerce Gujrat Uses of Interval Scale: 1. Responses to various item: Interval scale is used when responses to various items that measure a variable can be tapped on a five point. 2. Scientific Measure: In interval scale issued to distance record between values by scientific measures. Advantages 1. Preference: Interval scale is the preference that how much good things or bad things exist according to the respondent in research. 2. Order: Interval scale also directly order that which variable is good & which one is bad according to the respondent on scale. 3. Distance: Interval scale measure the distance between any two points on the scale. This helps us to compute the means & standard deviation of the respondents on variable. Disadvantages 1. No Zero Origin: Interval scale has no unique zero origin, so scoring ‘o’ may not mean the participant doesn’t measure it on scale. 2. No Calculate Ratio: Interval scale does not calculate the ratio of the weights of two individuals due to no unique zero origin in interval scale. 3. No Absolute baseline: In the interval scales that do not contain scientific measurement there is no baseline to the scale. Ratio Scale “The ratio scale mot only measures the magnitude of the difference between two points on the scale, but also taps the proportions in the difference.” Example: Boys-20 and girls-30, then the ratio will be 1:5 Weights, lengths & times etc are also ratio scale examples. Used of Ratio Scale Exact Number: Ratio scales are used in the business research when exact number on objectives factors is called for as the following question: How many other organizations did you work for before joining this system? Advantages: 1. Overcomes arbitrary origin - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 74 Government Post Graduate College Of Commerce Gujrat Ratio scale overcomes the disadvantage of the arbitrary origin point of interval scale as it has absolute zero point. 2. Unique Zero Origin Ratio scale is most powerful because it has a unique zero origin & subsumes all the properties of the other three scale. 3. Calculation of Ratio It has an absolute zero origin calibrated on it which allows us to calculate the ratio of the weights of two individuals. 4. Statistical Test We obtain progressively increase precision in quantity the data, & greater flexibility in using more powerful statistical test. 5. Proportion The ratio scale indicates not only the management of the difference but also their proportion as compared to interval scale. 6. Measure of Central Tendency The most significant merit of ratio can be measure through either the arithmetic or the geometric mean. 7. Measure of Dispersion In ratio scale measuring of dispersion can be measured through either standard deviation or variance or coefficient of variation. Crux Ratio scale is more powerful as compare to interval scale, because it overcomes all the disadvantages of last three scales. Disadvantages: 1. Ratio are subjective In ratio subjective no two human will give two exact judgements even while presented with the same information personal sense of judgement must be introduce in ratio scale, when ratio are subjective. 2. Analysis In ratio scale analysis can’t be used in isolation. It combines other information from other source. 3. Ratio are not definite In ratio scale ratio is not definite, because it just a guide. This may be wrong investment decision. 4. Manipulation When the ratios are subjective it can be manipulated due to certain accounting, inappropriate accounting policies. 5. Outdated Information In ratio scale there is use of outdated information for research object by the research. (Primary source of data used). - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 75 Government Post Graduate College Of Commerce Gujrat Q#20- Define Variable? Moderating & Mediating variables, Explain with Examples? Ans: INTRODUCTION All frameworks are based on the identification of key concepts & the relationship among those concepts. Variables signify a more concrete level & are narrow in their definitions. Framework can be derived from related concepts or existing theories. Variable According to Nancy Burns “Variables are the levels of abstraction that are measured manipulated or controlled in a study.” Types of Variable There are four types of variables as following: V a r ia b le T y p Ie n s d e p e n d e n t V a r ia b le M e d i a ti n M go d eV ra a r tii a nb gl e V a r i a b le 1. D e p e n d e n t V a r i a b le Moderating “Moderating variable is a variable, the presence of which modifies the original relationship between the independent & the dependent variables.” Explanation: It is factor that is measured, manipulated or selected by the experiment to discover whether it modifies the relationship of the independent variable to an observed phenomenon. The term moderate variable describe a special type of independent variable, a secondary independent variable selected to determine if the effects the relationship between independent & its dependent variable. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 76 Government Post Graduate College Of Commerce Gujrat Example: IWMOD e r n odan n redi kpaeot FeE naV eranbti g r en o ff r ti a d l n gl v c etEV g p a e e a z n ti a e i r e xs a l c i e a n s DVrp rvb i iti ae a i e l a rbse s e l i (E-2) It has a strong contingent effect on the independent- dependent variable relationship. Example: It has been that there is relationship between availability of reference manuals that manufacturing companies have success t, & to project rejects. That is, when workers follow the procedures laid down the manual, they are able to manufacture the products which are flawless. Availability of Reference Manual #No of Rejects Interest & Inclination 2. Mediating “A mediating or intervening variable is one that surface between the time the independent variables start operating to influence the dependent variable & the time their impact is felt on it. ” Explanation: An intervening variable is the factor that theoretically effects observed phenomena but cannot be seen, measured, or manipulated, its effect must be inferred from the effects of the independent & moderate variable on the observed phenomena. Example: Higher Education typically leads to higher income. Higher education = (Independent Variable) Higher income = (Dependent Variable) Better occupation= (Intervening Variable) - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 77 Government Post Graduate College Of Commerce Gujrat It is casually affected by education & itself affects income. Time t1 t2 (Independent Variable) t3 (Intervening Variable) (Dependent Variable) Diagram Among Iv, Dv, Mv,MEv Work force Creative Organizational Diversity Synergy Effectiveness t1 t2 (Iv) Managerial t3 (MEV) (DV) Expertise Conclusion: Whether a variable is an independent or dependent a mediating or moderating variable should be determine by a careful reading of the dynamics operating in given situation. Criterion Variable: Introduction: The terms conceptual framework & theoretical framework are sometimes used interchangeable but they have different meanings. Variable effected by the independent variable, it responds to the independent variable. Variable “Any characteristics which is subject to change & can have more than one value such as age, intelligence, motivation & gender etc.” Example: Production units Absenteeism Motivation Criterion Variable: “Criterion or dependent variable is something that be effected by the change in the independent variable. What is observed - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 78 Government Post Graduate College Of Commerce Gujrat What is measured The data collected during the investigation.” “The dependent variable is the variable of primary interest to the researcher. The researcher’s goals to understanding & describe the dependent variable or to explain or predict it.” Explanation: The dependent variable is a response output. The dependent variable is the factor that is observed & measured to determine the effect of the independent variable. It is factor that appears, disappears or varies as the researcher introduces, removes or varies the independent variables. Example: The time it to put the puzzle together, The time was observed & measured by scientist. Example: The higher the temperature of water, the faster an egg will boil. Dependent Variable IV = Temperature of water DV = Time to clock an egg CV = Type of egg Advantages 1. Manipulated Dependent variable are not controlled or manipulated in any way, but instead are simply measured or registered. 2. Predicted These vary in relation to the independent variables, & while results can be predicted, the data is always measured. 3. Isolate Reason There can be any number of dependent variables, but usually there is one to isolate reason for variation in dependent variable. 4. Factors The factors or conditions that will change as a result of the independent variables, the factors that you measure or observe as data. Disadvantage 1. Expensive Criterion variable requires fairly extensive & expensive time & effort, because in criterion variable researcher uses the primary data for research. 2. Not Generalized The results find out through the criterion variable cannot be generalized beyond the specific course or program. 3. Performance Measure - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 79 Government Post Graduate College Of Commerce Gujrat In criterion variable specific program or topics cannot be used to measure the performance of large groups. Conclusion Variable is anything that can take on varying values. The values can differ at various times for the some object or person, or at the same time for the different objects or persons. Q#21: Short notes? INTER-RATER RELIABILITY INTRODUCTION Research reliability is the degree to which research method produces stable & consistent result. A specific measure is considered to be reliable if its application on the same object of measurement number of times produces the same results. DEFINITION “Reliability refers to whether or not you get the same answers by using an instrument to measure something more than once” Inter rater reliability “Assessing inter rater reliability, whereby data is independently coded and the coding compared for agreements, is a recognized process in a quantative research”(by D Armstrong-1997) Explanation Inter-rater reliability as the name indicated relates to the measure of sets of results obtained by different assessors using same methods. Benefits and importance of assessing inter-rater reliability can be explained by referring to subjectivity of assessments. Example Levels of employee motivation at ABC Company can be assessed using observation method by two different assessors, & inter-rater reliability relates to the extent of difference between two assessments. Inter-rater reliability - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 80 Government Post Graduate College Of Commerce Gujrat C u s o m e r 1 t A tt r b u t e i C u s o m e r 2 t MEASURES There are some measures which are used to collect the authentic information through which same results can be obtained repeatedly. 1) Interview Construction Procedures Having a good result of inter-rater reliability interview construction procedures used to allow the project’s manners to state with confidence they can be confident in the information they have collected. 2) Statistical Measure Statistical measures are used to measure inter-rater reliability in order to provide a logistical proof that the similar answers collected are more than simple chance. Inter-rater reliability (Equivalence) Inter-rate reliability used when a single event is measured simultaneously and independently by two or more trained observers. R= Number of Agreements/ number of agreements + number of disagreements Ways to Improve Inter-rater reliability a) b) c) d) Improved Standardization Do question focus respondent’s answer? Will single sentence or other response limitations help? Instructions in Elements Instruction in elements of standardization Is complete explication possible? If not, need “conceptual matches” Experience with Instruments Really no substitute Have to worry about “drift” and “generational reinterpretation” Uses of Instruments Use of instrument to the intended population. Different population can have different response tendencies. INTER ITEM CONSISTENCY RELIABILITY - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) 1heAbSy2ticFormsp.vinlftag lOMoARcPSD|20058336 81 Government Post Graduate College Of Commerce Gujrat DEFINITION “Inter item consistency reliability is a measure of reliability used to evaluated the degree to which different test items that probe the same construct product similar results” Explanation Internal consistency reliability is applied to assess the extent of differences within the test items that explore the same construct produce similar results. Example English test is divided into vocabulary, spelling, punctuation and grammar. Inter item consistency test provides a measure that each of these particular aptitude is measured correctly and reliably. Inter item consistency can be presented in two following main formats. 1. Average Inter-Item Correlation Average inter item correlation is a specific form of internal consistency that is obtained by applying the same construct on each item of the test. 2. Split Half Reliability Split half reliability as another type of inter-item consistency reliability involves all items of the test to be “spitted in half”. INTER ITEM CONSISTENCY A tt r b u t m A tt i r b u e t 2 i e C u s t o m e r n A tt r b u e 1 i t Example - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 82 Government Post Graduate College Of Commerce Gujrat A questionnaire to measure extroversion could be divided into odd and even questions. The results from both halves are statistically analyzed. 1) Kuder-Richardson Test The Kuder-Richardson test for internal consistency reliability is a more advanced and slightly more complex, version of the split halves test. Strength The Kuder-Richardson test also generates a correlation of between zero and one, with a more accurate result than the split halves test. Weakness The weakness of this approach, as with split halves test, is that the answer for each question must be a simple right or wrong zero or one. 2) Cronbach’s Alpha Test The Cronbach’s alpha test not only averages the correlation between every possible combination of split halves, but it allows multi-level responses. STRENGTH More Accuracy The test takes into account both the size of the sample and number of potential responses which have more accuracy results with multiple levels. Clever Methodology Cronbach’s clever methodology makes calculation much simpler than crunching through every possible permutation. RATING & RANKING SCALE the specific scaling techniques commonly used in business research can be classified into rating scale and the ranking scale. In rating scale each object is scaled independently of other objects under study. Ranking makes comparisons between or among objects and elicit the preferred choice and ranking among them. DIFFERENTIATE B/W RANKING & RATING SCALE RATING SCALE RANKING SCALE 1) Definition Rating scales have several response categories and are used to elicit response with regard to the object, events or person studied. 2) Types of Questions Rating questions look at how respondent feel about individual item, measure positive or negative response. 3) Preferences Ranking scales make comparisons between or among the objects, events or persons and the preferred choice & ranking among them. Ranking questions compare individual elements to each other of preference y selecting numerical value. In ranking scale useful way used to - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 83 Government Post Graduate College Of Commerce Gujrat In rating scale there is no useful way to respondents to tell you that choice between preferred items. 4) Understanding Rating scale is commonly used and easily understandable. 5) Unique Value Each item in rating question has not a unique value. 6) Customer’s Value Provide insight into what customer’s value about your product and services. 7) Statistical In rating scale the data statistical meaning you can use into calculate average. 8) Direct Compare In rating scale you do not ask to compare items directly to one another. 9) Common Scale Rating questions ask to compare difficult items using common scale. 10) Distribution In rating scale often have a narrow distribution of rating which typically fall into an upper brand. 11) Personal Variation In rating scale respondents accept great personal variation in response style. 12) Confused Respondent In rating respondent can not confuse because numeric rating scale used with 1 being the lowest rating are being used else in question. 13) Examples How would you rate shopping experience based on the availability of products; Very dissatisfaction Dissatisfaction Neutral Satisfied Very satisfied respondents to tell you that choice between preferred items. Ranking scale is commonly used and more easily understandable as compared to rating scale. Each item in ranking scale question has a unique value. In ranking scale it doesn’t provide insight into what customer’s value about your product and services. In ranking scale the data not statistical meaning you can’t use into calculate average. In ranking scale you can ask to compare items directly to one another. In ranking ask compare difficult items using different scale. In ranking scale wide distribution of ranks which typically fall into lower to upper brand. In ranking scale the respondents do not accept the personal variation in response style. Ranking can confuse the respondents because if numeric rating scales with 1 being the lowest rating are being used else in question. The rank to following in order of preferences Football Cricket boxing Q:22 (a).Define unit of analysis? Who all can constitute the unit of analysis of a research? - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 84 Government Post Graduate College Of Commerce Gujrat (b).What is meant by unit of analysis? Discuss its research scenario`s by example? Ans:INTRODUCTION: UNIT OF ANALYSIS The unit of analysis is the entity (person, city, country, university, agency, department etc.) we want to describe and analyze each research, the researcher has to choose his/her unit of analysis. In other words you have to decide whom we are drawing inference and generalizing. INFERENCE: Inference is a conclusion on the basis of evidence and reasoning. GENERALIZATION: Generalization is a statement about a group of people based on only few people. Unit of analysis is a conceptual tool for guiding investigator to engage in meaningful and systematic observation and analysis .Unit of analysis guides methodological decision for investigator as a human instrument (Lincoln & Guba, 1985) to take responsibility identifying what constitutes a meaningful and relevant data. CHARACTERISTIC OF UNIT OF ANALYSIS These are the characteristics of unit of analysis 1. The unit on which data are collected. 2. The what or whom that is being studied. 3. The unit on which a conclusion is to be made. 4. The unit of analysis may be disaggregated or aggregated. 5. The unit of analysis may be different from the unit of observation. The unit of analysis refers to the level of aggregation of the data collected during the subsequent data analysis. It is necessary to decide on the unit of analysis even as we formulate the research questions ,since the data collection method ,sample size and even the variables included in the frame work may sometimes be determined or guided by the level at which data are aggregated for analysis. Research scenarios Let’s examine some research scenarios that would call for different unit of analysis and their variables: Individual (income,age,sex,attitude) Groups Division (size, number of organization level,sex composition Industry - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 85 Government Post Graduate College Of Commerce Gujrat Countries 1) Individual as unit of analysis: The chief financial officer of a manufacturing company wants to know how many of the staff would be interest in attending 3 day seminar on making on appropriate investment decision for this purpose data will have to be collected from each individual staff members and the units of analysis is the individual. 2) Dyads as the unit of analysis: Having read about the benefits of mentoring , a human research manager want to first identify the numbers of employees in three departments of the organization who are in mentoring relationships and then find out what the jointly perceived benefit(i-e by the both the mentor and the one mentored) of such a relationship are identified, their joint perceptions can be obtained by treating each pair as one unit hence if the manager wants data from a sample of 10 pairs, he will have to deal with 20 individuals, a pair of time. The information obtained from each pair will be a data point for subsequent analysis. Thus, the units of analysis here is the dyads. 3) Group as the units of analysis: A manager wants to see the pattern of usage of the newly installed information system (is) by the production, sales and operation personnel. These three groups of personnel are involved and information on the number of times this is used by each member in each of the three group, as well as other relevant issues, will be collected and analyzed. The final result will indicate the mean usage of the system per day or month for each group. Here, the unit of analysis is the group. 4) Division as the unit of analysis: Proctor and gamble wants to see which of its various divisions (soap, paper, oil, etc.) have made profit of over 12% during the current year, here the profit of each of the division will be examined and the information aggregated across the various geographical units of the division. Hence the units of analysis will be the division, at which level the data will be aggregated. 5) Industry as the unit of analysis: An employment survey specialist wants to see the proportion of the workforce employed by the healthcare, utilities, and transportation and manufacturing industries. In this case, the researcher has to aggregate the data relating to each of the subunits comprised in each of the industries and report the proportion of the workforce employed at the industry level. The health careindustry(i-e includes hospitals, nursing homes, mobile, units, small and large clinics and other healthcare providing facilities. The data from these subunits will have to be aggregated to see how many employees are employed by the healthcare industry. This will need to be done for each of the other industries. 6) Countries as the unit of analysis: The chief financial officer (CFO) of a multinational corporation wants to know the profits made during the past five years by each of subsidiaries in England, Germany, France, and Spain. It is possible that there are many regional offices of their subsidiaries in each of these countries. The profits of the various regional center for each country have to be aggregated and the profit for each country for the past five year provided to the CFO. In other words, the data will now have to be aggregated at the country level. As can be easily seen, the data collection and sampling process become more cumbersome at the lower level (individual and dyads ). It is obvious that unit of analysis has to be clearly identified - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 86 Government Post Graduate College Of Commerce Gujrat as dictated by the research questions sampling plan decision will also be governed by the unit of analysis e.g. If compare two culture for instance those of India and the united. Where my unit of analysis is the country. However ,if my unit of analysis is individual (as when studying the buying pattern of customer in southern part of the united states) may perhaps limit the collection of data to a representative sample of a hundred individual in the region and conduct my study at a low cost. CRUX: It is now even easier to see why the unit of analysis should be given serious consideration even as the research question is being formulated and the research design planned. Q:23 what is hallmarks scientific research or characteristics? Ans: SCNTIFIC RESEARCH Scientific research helps researchers to state their finding with accuracy and confidence. This helps various other organizations to apply those solutions when they encounter similar problems. Scientific investigation tends to more objectives and subjective, and helps to research most highlight critical factors. HALLMARKS SCIENTIFIC RESEARCH Process that is organized, system, data, based critical and objectives. Its purpose is finding solution to a specific problem. Hallmarks main characteristic of scientific research are as follows: Objectivit y Generalizabili ty Precision and confidentas Parsimo ny Reliability Hallmarks of scientific research Testability Rigor Purposive ness - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 87 Government Post Graduate College Of Commerce Gujrat EXAMPLE Lets us consider the case of a manager who is interested in investigating how employee’s commitment to the organization can be increased. We shall examine how the eight hallmarks of scientific apply to this investigation so that it may be considered “SCIENTIFIC”. 1) Purposive-ness The manager has started the research with a definite aim or purpose. They focus is an increasing the commitment of employees to the organization as this will be beneficial in many ways as lower turnover and less absenteeism. It contains following steps: It has start with a definite aim or purpose. The focus is on increasing employees’ commitment. Increase employees commitment will translate into fewer turnovers, less absenteeism and increased. Performance levels (how he can increases commitment of employees which reduce turnover? Thus it has a purpose focus. Example The start work with a specific aim of research for the higher commitment by investigating the research by manager for employees. 2) Rigor: A good theoretical base and a sound methodological design add rigor to a purposive study. Rigor connotes carefulness during research. It also refers to degree of exactitude in research investigation. Chosen sample should be true representative of whole organization. Method should be appropriate Research process should be free from personal and emotional biases. Example: In case of our example let us say the manager of an organization asks 10 to 12 of it’s employees to indicate what would increasers their level of commitment to it . if solely on the basis of their responses, the manager reaches several conclusions on how employees commitment can be increase the whole approach to the investigation is unscientific. It lacks rigor for the following reasons: Conclusions are incorrect. The manner of framing and addressing the question could have introduced bias or incorrectness in the responses. There are many other influence on organization commitment and could not verbalized. 3) Testability: It is a property that applies to an empirical hypothesis, involves two components testability. The logical property that is variously described as contingency, defeasibility. Which means that counter examples to the hypothesis are logically possible. HYPOTHESIS…. As a tentative, yet testable, statement which predicts what you expect to find in your empirical data. Hypotheses are derived from theory. Which based on logical beliefs? - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 88 Government Post Graduate College Of Commerce Gujrat A scientific hypothesis must be testable. Not all hypotheses can be tested. Non –testable hypothesis are often vague statements. Example: If after talking to a random selection of employees of organization and study pf previous research done in the area of organization commitment, the manager research certain hypothesis on employees commitment can be enhanced and tested the hypothesis. The research shows that higher participation in decision making leads to higher commitment. Testability thus become anther hallmark of scientific research. 4) Reliability: This study should produce the same results if repeated exactly. Replication is made possible by a detailed description of the design details of the study, such as the sampling method and the data collection methods were used. It makes the report again and again same by different methods. Example Let us suppose that the manager/ research, based on the result of study, concludes that participation in decision making is one of most important factors that influence commitment of employees to the organization . we will place our faith in these findings and gets same results emerge all time. That means replication demonstrates our hypnosis have not been supported but are reflective of true state of affairs in the population. 5) Precision and confidence: In management research, we seldom have the luxury of being able to draw “definitive” conclusions on the basis of data analysis. This is because we are unable to study universe of items, events or population we are interested in and have to base our findings on a sample that we draw from universe. Measurement errors and other problems are also bound to introduce an element of bias or error in our finds. PRECISION…… refers to the closeness of findings to “reality” based on a sample. In other words, precision reflects the degree of accuracy or exactitude of the results on the basis of the sample, to what really exists in universe. COFIDENCE….. refers to the probability that our estimations are correct. That is , it not merely enough to be precision but it is also important that we can confidently claim that 95% of the time our results will be true and 5% of being wrong. 6) Objectivity: The conclusion drawn through the results of data analysis should be objective; that is they should be based on the facts of the findings derived from actual data, and not on our own subjective or emotional values. The conclusions draws from information should be objective. Findings based on the facts. Results will be more objective and scientific. “Objectivity is another hallmarks of investigation.” 7) Generalizability: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 89 Government Post Graduate College Of Commerce Gujrat Generalizability refers to the scope of the research findings in one organizational setting to other settings. Obviously, the wider the range of applicability of the solutions generated by research, the more useful the research is to the user. For wider generalizability, the research sampling design has to be logically developed and a number of other details in data-collection methods need to be meticulously followed. However, more elaborate sampling design increase generalizability of result and research. 8) Parsimony Simplicity in explaining the phenomena or problems that occur, and in generating solutions for problems is always preferred to complex research framework that consider on unmanageable number of factors. Economy is research models to achieve when we can build into our research framework a lesser number of variables that explain that variance for more efficiently than a complex set of variables that only marginally add to variance explained. It contains following: Simplicity Understanding Economy in research a lesser number of variables The variance and efficiently complex\ CONCLUSION Hallmarks research contains all 8 characteristics of any one is missing than the research will be unscientific and wrong. Q-24-; Write in detail the seven steps process in the Hypothetic– Deductive method? Ans: INTRODUCTION: Managers frequently face issues that call for critical decision making. Managerial decisions based on the results of “good” research tend to be effective. Scientific Research focuses on solving problems and pursues step-by-step logical, organized and rigorous method to identify the problems, gather data, analyze them, and draw valid conclusions from them. Further more, Scientific investigation tends to be more Objective them subjective. Scientific research applies both to basic and applied research. Definitions: According to “Creswell” “The scientific method is a body of techniques for investigating phenomena, acquiring new knowledge or correcting and integration previous knowledge. “ - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 90 Government Post Graduate College Of Commerce Gujrat According to “Martyn Shuttleworth” “Scientific research is systematic way of gathering data, A harnessing of curiosity. This research provides scientific information and theories for the explanation of the nature and properties of the world. “ Hypot het i c–Deduct i veMet hod: Hypothetic–Deductive method popularized by the Australian philosopher Karl Popper is a typical version of the scientific method. It is one of the mainstays of scientific research often regarded as the only “true” Sci ent i ficr esear chmet hod: “A method in which a hypothetical model based on observations is proposed and is then tested by the deduction of consequences from the model. “ Example: You are testing the theory of gravity the hypothesis that you are investigating is, that whenever a heavy item is dropped, it will fall to the ground when dropped. Your experiment with several heavy items and find that each item one is dropped it fall to the ground. From the network of association of variables various testable hypotheses can be generated. Educated guesses Hypothesis Development from: Deductive Reasoning : Inductive Reasoning. Sevenst epspr ocessi nt hehypot het i c–Deduct i veMet hod: 1- Identify a Broad Problem Area: 2- Define the Problem Statement: 3- Develop Hypotheses: 4- Determine Measure: 5- Data Collection: 6- Data Analysis: 7- Interpretation of Data: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 91 Government Post Graduate College Of Commerce Gujrat 1- Identify a Broad Problem Area: A drop in sales, frequent production interruption, incorrect accounting results, low yielding investment, disinterestedness of employees in their work, customer switching, and the like, could attract the attention of the manager and catalyze the research project. 2- Define the Problem Statement: Scientific research starts with a definite aim or purpose. To find solution for identified problems, a problem statement that includes the general objective and research questions of the research should be developed. Gathering initial information about the factors that are possibly related to the problem will help us to narrow the broad problem area and to define the problem statement. 3- Develop Hypotheses: In this step, variable are examined to ascertain their contribution or influence in explaining why the problem occur and how it can be solved. The network of association identified among the variables is then Theoretically woven, together with justification as to why they might influence the problem. We might hypothesize specific factor such as overpricing, competition, inconvenience, and employees affect customer switching. “Two Requirements” Hypothesis must be testable. Hypothesis must also be falsifiable. A hypothesis does not prove that hypothesis. It remains provisional untill it is disproved. H1: If a sufficient number of items are stocked on shelves customer dissatisfaction would be considerably reduced. 4- Determine Measure: Unless the variables in the theoretical framework are measured in some way, we will not be able to test our hypotheses. To test the hypothesis that unresponsive employees affect customer switching, we need to Operationalize unresponsiveness and customer switching. 5- Data Collection: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 92 Government Post Graduate College Of Commerce Gujrat After we have determined how to measure our variables , Data with respect to each variable in the hypothesis need to be obtained. These data then form the basis for data analysis. There are two types of data: Qualitative Data: It refers to information gathered through interviews and observations. These data usually for objects that cannot be physically measured like feelings and attitudes. Quantitative Data: It refers to information gathered about objects that can be physically measured. The research could obtain these data through the company records, govt. statistics or any formal records. 6- Data Analysis: In this data analysis step, the data gathered are statistically analyzed to see if the hypothesis that were generated have been Supported. If unresponsiveness of employees affects customer switching, we might want to do a correlation analysis through appropriate statistical analysis to determine the relationship between these variables. 7- Interpretation of Data: Now we must decide whether our hypotheses are supported or not by interpreting the meaning of the results of the data analysis. If it was found from the data analysis that increased responsiveness of employees was negatively related to customer switching, then we deduce that if customer retention is to be increased, our employees have to be trained to be more responsive. Based on these deductions, we are able to make recommendations on how the “Customer switching”problem may be solved ¡ we have to train our employees to be more flexible and communicative. CRUX In the above discussion it will be concluded here, there are seven-steps involved in identifying end resolving a problematic issue. To make sure that the seven steps of the Hypothetico-Deductive method are property understood. Example. If the customer satisfaction is to be increased, the shelves have to be better stocked. What do you know? Claim +Evidence +Reasoning = Explanation Why does your evidence support your claim? - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 93 Government Post Graduate College Of Commerce Gujrat Q No 25:Write in detail about Nominal, Ordinal interval and Ratio Scaling? Ans: INTRODUCTION: Measurement means gathering data in the form of numbers; to be able to assign numbers to the attributes of objects we need a scale. Scaling involves the creation of a continuum on which our objects are located. It is the assignment of objects to numbers or semantics according to a rule. In scaling, the objects are text statements, usually statements of attitude, opinion or feelings. In case of measurement of all these elements researcher should be clear about; a) b) c) What is to be measured? Who is to be measured? The choices available in data collection techniques. Definition of Scale A scale is a tool or mechanism by which individuals are distinguished as to how they differ from one another on the variables of interest to our study. Types of Scale o m i O r d i I n t e r v R a ti nc a l e S nc a l e S c a l e S c o a l 1) Nominal Scale Definition A nominal scale is one that allows the researcher to assign subjects to certain categories or group. A Discrete classification of data, in which data are neither measured nor ordered but subjects are merely allocated to distinct categories. A nominal scale is one that allows the researcher to assign subjects. Nominal scale categories individuals or objects into mutually exclusive and collectively exhaustive groups. The information that can - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 94 Government Post Graduate College Of Commerce Gujrat be gathered from nominal scaling is the calculation of percentage (a frequency). Nominal scale gives some basic categories, gross information. Example: 1) Your Gender 2) Your Department Male Production Female Sales Accounting Personnel Research & development Others Features of Nominal Scale No favoritism No preferences Only concerned with categorizing the objects No intrinsic value. Nominal Strength (Merits) 1) Increase Reliability: The foremost advantage of nominal scale is that, it is reliable than any other scale. 2) Easy to Generate: The scale is easy to generate from closed questions, it is not complex than any other scale. 3) Quick Collection: Large amounts of questions can be collected quickly, through the procedure in nominal scale. Nominal Weakness 4) Measure of central tendency: it only uses the “mode” as a measure of spread, doesn’t use median or arithmetic mean. 5) No Liner Scale: In nominal scale, without linear scale participants may be unable to express degree of responses. 2) Ordinal scale - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 95 Government Post Graduate College Of Commerce Gujrat Definition An ordinal scale is a scale which not only categories the variables in such a way as to denote differences among the various categories, it also rank-orders the categories in same meaningful way. A scale on which data is shown simply in order to magnitude, since there is no standard of measurement of differences. An variable for which the categories are to be ordered according to some preference, the ordinal scale would be used. The preferences would be ranked from best to worst, first to last and numbered 1,2,3.. and so on. The ordinal scale the researcher to determine the percentage of respondent who consider interaction with others as most important, those who consider using a number of different skills as most important, & so on. Such knowledge might help in designing jobs that are seen as most enriched by the majority of the employees. Example Apps Ranking Whatsapp 1 Viber 2 Hike 3 Line 4 Wechat 5 Ordinal Strength 1) 2) It indicate relative values on a liner scale instead of just totals. . More informative than the nominal data. Ordinal Weakness 3) Gaps between the values aren’t equal so a mean cannot be used to assess central tendency. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 96 Government Post Graduate College Of Commerce Gujrat 3) Interval Scale Definition An interval scale allows us to perform certain arithmetical operations on data collected from the respondents. An interval scale has measurement where the difference between values is meaningful. In other words, the differences between points on the scale are measurable and exactly equal. The interval scale and only groups individuals according to certain categories and taps the order of these groups, it also measures the magnitude of differences in the preferences among the individuals. Example: Strongly Neither agree nor Disagree Disagree Agree Strongly agree disagree My Job offers me a chance to test myself and my abilities Interval Strength 1) More information that ordinal and nominal as the points are directly comparably because they are all of equal value. 2) Scientific measures used to record the distance between values are highly reliable. Internal Weakness 3) 4) The interval scale that do not certain scientific measurements there is no absolute baseline to the scale so scoring O may not mean the participant doesn’t demonstrate the variable but that the scale doesn’t measure it. Ratio Scale Definition A ratio scale is an interval scale in which distances are stated with respect to a rational zero rather than with respect to, For example, the mean. The ratio scale over covers the disadvantages of the arbitrary origin point of the interval scale, in that it has as absolute zero point, which is a meaningful measurement point. Thus, the ratio scale not only measures the magnitude of the differences between points on the scale but also taps the proportions in the differences. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 97 Government Post Graduate College Of Commerce Gujrat Example Boys—20 AND Girls—30 Then the ratio will be 1:1.5 Use of Ratio Scale Ratio scale are usually used in business research when exact numbers on objectives (as opposed to subjective) factor are called for, in different questions. 1) 2) 3) a) How many other organizations did you work for before joining this system? How many retail outlet do you operate? Please indicate the number of children you have in each of the following categories. Below 3 years age b) Between 3 and 6 c) 12 years and over. The responses to the questions could range from O to any reasonable figure. Q:26: Define sampling? Discuss the types of non-sampling design with their respective advantages and Disadvantages? Ans: INTRODUCTION In the research methodology, practical formulation of the research is very much important and should be alone very carefully with props concentration. So now sampling can be defined as the method as the technique consisting of selection for the study of the so correct part as the position as the sample, with a view to draw conductions as the solution about the universe as the population. Define of Sampling: “Sampling is the process of selecting units leg people organization) from a population of inserts so that lay studying the sample. We may fairly generalize our results back to the population May which they were chosen” OR According to Mildred past on: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 98 Government Post Graduate College Of Commerce Gujrat Sampling method is the process as the method of drawing a definite number of the individuals cases as the desecrations from a particular universe, selecting part of a total group for investigation.” Example: You ask 100 randomly chosen people at a football match what their main job is your sample is the 100, and the population is all the people at that match. NON-PROBABILITY SAMPLING DESIGN: Non- probability sampling design, the elements of the population, do not have any known chance of being selected in the sample. Type of non-probability sampling design: Convenience sampling Purposive sampling Snowball sampling Judgmental sampling Quota sampling 1. Convenience Sampling Convenience Sampling is probably the most common of all sampling techniques. With convenience sampling the samples are researcher. Subjects are chosen simply because they are easy to recruit this technique is considered easiest, cheapest and least time consuming. This sampling design ensues convenience in respect of availability source list and accessibility of units. Advantages of convenience sampling: Ease of availability: The major advantages of the convenience sampling is the convenience with which it can carried out. Subject for a study are easily available within the proximity of the researcher. Save money: It is very fast effective option when founding is not available for a study, you can collect data using this sampling technique. Useful in a pilot study: This sampling technique help to gain initial primary data about a topic you can understand whether the topic discuss a more detailed research as not. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 99 Government Post Graduate College Of Commerce Gujrat Save time With the convenience sampling technique the survey can be conducted in a short span of time this happen because don’t conduct an exhaustive research of the entire population. DISADVANTAGES OF CONVENIENCE SAMPLING Possibility of being biased : The data collected by this method may represent the views of specific group and not the entire population. Some groups are over represented and some groups are underrepresented. Highly possibility of a sampling errors Since your selection its self is biased inaccuracies are bound to creep in this is known as a sampling errors. Result cannot be Generalized For the reason stated above, you cannot generalize the conclusions draum from this research and say that this is what applies to all the people. Purposive sampling: It is a non-probability sample that is selected based on characteristics of population and dyective of the study, where the researcher choose a sample based on their knowledge about the population and the study itself. The study participants are chosen, based on the study’s purpose. Purposive sampling is also known as judgmental. Selective and subjective sampling. ADVANTAGES OF PURPOSIVE SAMPLING Economical: It is less costly and less time consuming. Avoid Irrelevant items It preuerts unnecessary and irrelevant items entering into sample per chance. Intensive Study: It ensures intensive study of the selected items. Accurate Result It gives better results if the investigator is unbiased and has the capacity of knew observation and sound judgment. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 100 Government Post Graduate College Of Commerce Gujrat DISADVANTAGES Personal bias: There is enough scope for bias or prejudices of the investigate to play and influence the selection. No equal chance: There is no equal chance for all the items of the unused being induced in the sample. No degree of Accuracy: There is no possibility of having any idea about the accuracy achieved in the investigation conducted by this method. Un suitable for large samples: This method is not suitable for the large samples where the size of both the universe and the sample is considerably large. SNOWBALL SAMPLING: Snowball Sampling is usually done when there is a very small population size. In this type of sampling the researcher asks the initial subject to identify another potential subject who also meet of the researcher. The downside of using a snowball sample is that it is hardly representative of the population. Advantages of Snowball sampling: Discus Characteristics Snowball sampling may the help you discover characteristics about a population that you went aware existed. Promote studies: It allows for studies to take place where otherwise it might be impossible to conduct because of a lack of participants. DISADVANTAGES: Impossible to determine sampling errors It is usually impossible to determine the sampling error or make inferences about populations based on the obtained sample. JUDGMENTAL SAMPLING: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 101 Government Post Graduate College Of Commerce Gujrat Judgmental sampling is more commonly known as purposive sampling. In this type of sampling, subjects are chosen to be part of the sample with a specific purpose in mind. With judgmental sampling, the researcher believes that some subjects are fit for the research compared to other individuals. This is the reason they are purposively chosen as selects. ADVANTAGES: Eliminate cost and Time It eliminates cost and time in preparing the sample. Positive aspect of stratification: This method enables the researcher to include the positive aspects of stratification in the sample. Risky: Complete reliance on intuition and hunch is risky in judgment sampling. IMPOSSIBLE TO FIND SAMPLING ERRORS Quota sampling is a non-random sampling method, it is impossible to find the sampling errors. DEGREE OF GENERALIZABILITY: Degree of generalizability is questionable. CRUX Non-probability sampling relies on the assumption that the characteristics are evenly distributed the population, which make the sampler believe that any sample so selected would represent the whole population and the results drawn would be accurate. Q:27- What is the difference between null and alternative and research hypotheses given example of each? Ans: What is hypothesis? Hypotheses can be defined as tentative, yet testable, statement, which predicates what you expect to find in your empirical data. Hypotheses are derived from the theory om which your conceptual model is based and are often relational in nature. DEFINITION: “A research hypothesis is the statement created by researchers when they speculate upon the outcome of a research or experiment". - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 102 Government Post Graduate College Of Commerce Gujrat Example: A hypothesis is an educated guess or proposition that attempts to explain a set of fact or natural phenomenon. It is used mostly in the field of science, where the scientific method is used to test. NULL & ALTERNATIVE HYPOTHESES NULL: The null hypotheses stats that a population parameter is equal to a null. The null hypotheses is often an initial claim that researcher specify using pervious research or knowledge. Null hypotheses :( Ho) .The assumption you`re beginning with. .The opposite of what you`re testing. Null hypotheses: Means insignificant or no relationship between two variables. Alternative: The alternative hypotheses is be true or hope to prove true. " A research hypotheses is the statement created by researchers when they speculate upon the outcome of a research or experiment". Example: A hypothesis is an educated guess or proposition that attempts to explain a set of fact or natural phenomenon. It is used mostly in the field of science, where the scientific method is used to test. NULL & ALTERNATIVE HYPOTHESES NULL: The null hypotheses stats that a population parameters is equal to a null. The null hypotheses is often an initial claim that researcher specify using perviousresearch or knowledge. Null hypotheses:(Ho) .The assumption you`re beginning with. .The opposite of what you`re testing. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 103 Government Post Graduate College Of Commerce Gujrat Null hypotheses: Means insignificant or no relationship between two variables. Alternative: The alternative hypotheses is be true or hope to prove true. Alternative hypotheses (H1): The claim you`re testing. SS Alternative hypotheses: Means rejection of null hypotheses. DIFFERENCE BETWEEN NULL AND ALTERNATIVE Null Meaning Represents What is it? Acceptance Testing Observations A Null hypothesis is a statement, in An alternative hypothesis is which there is no relationship betweenstatement in which there is two variables. some statistical significance between two measured phenomenon. No observed effect. Some observed effect. It is what the researcher tries It is what the researcher tries to disprove. to prove. No changes opinions or action. Changes in opinions or action. Indirect and implicit Direct and explicit. Result of chance. Result of real effect. Denoted by Mathematical formulation Prove Scientific process Alternative H-Zero H-One Equal sign. Unequal sign. The null hypotheses is a The alternative hypotheses is hypotheses which the a hypotheses which the researcher researcher tries to prove. tries to disprove reject or nullify Scientific process ends wit either accepting or rejecting - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) Scientific process end with either accepting or rejecting lOMoARcPSD|20058336 104 Government Post Graduate College Of Commerce Gujrat Groups Relationship of variables Example the null hypothesis suggest that alternative hypothesis needs revision and further research is needed to find outthe exact reason of the phenomenon under study. No difference between the mean scores of the groups. No relationship exists between the variables being studied. A study looking at deep vein thrombosis (DVT) &risk of pulmonary embolism(BOE).The null hypothesis would be Having DVT does not increase one`s risk for developing a PE. hypothesis .Accepting the alternative hypothesis prove that the researcher reasoning i ture. Difference between the mean score of groups. A relationship exists between the variables being studied. The alternative hypothesis is….. Having DVT increase the risk of developing P.E. Q:28-: What are the Primary and secondary source of data collection? Explain their advantages and Disadvantage? Ans: Introduction of Data Collection Data can be defined as the quantitative or qualitative values of a variable. Data is plural of datum” which literally is a term used to describe a process of preparing and collecting data. Data are the basic inputs to any decision making process in business. Data is the basic unit in statics studies. Statistical information like census. Population variables, health statistics and road accident are all developed from data. Data can be numbers, images, words, figures, facts, or ideas. Data Sources I. II. 1. Primary Data Secondary Data Primary Data “It is refer to information obtained first-hand by the researcher on the variables Of interest for the specific purpose of study.” Primary data are fresh of new information collected for the first time by a researcher himself for a particular purpose. It is a unique, first-hand and qualitative information not published before. One it is used up for any require purpose, it’s original character is lost, and it turns into Secondary data. Example: Imagine, you are visiting an unexplored cave to investigate and later recording its minute details to publish, is an example of Primary data. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 105 Government Post Graduate College Of Commerce Gujrat Primary Data included: Primary data collected by the researcher themselves, i-e, Interview Life history Action Research Observation Congituelinal studies Photo-graphs Case studies Questionnaires Newspaper ADVANTAGES OF PRIMARY DATA 1) Reliability:. The primary data give more reliable, accurate and adequate information, which is suitable to the objective and purpose of an investigation. 2) Free from Errors Primary data is free from errors that may arise from copying of figures from publications 3) Greater Control: It enables the researcher to have a higher level of control over how the information is collected. Primary source usually shows data in greater detail for specific project. 4) Change the course of Study: The researcher can change the course of study whenever needed, and chose platforms for observation well-suited for projects. 5) Gives Original Quality Primary research gives original quality research and does not carry bias or opinions of third parties. 6) Specific Goals: Researcher is oriented for specific goals and purpose, cutting out possibility of wasting. DISANVANTAGES OF PRIMARY DATA 1. High cost: Collecting data using primary research is a costly and primary research may ask for huger expense than secondary research. 2. Time consuming: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 106 Government Post Graduate College Of Commerce Gujrat Because of exhaustive nature of the exercise the time recover to do research accurately is very long as compared to secondary data which can be collected in much lesser time duration. 3. In accurate feed backs In case the research involves taking feed back from the targeted audience there are high chances that feed back given is not correct feed back by there basic nature, nature are usually biased or given just for the sake of it. 4. More number of resources Required Leaving aside cost and time, after resources like human recourse and martial two are needed in larger quantity to do surveys and data collection. 5. Out of Date By the time the research is complete it may be out of date and low response rate has to expected. 6. Not Always Feasible: Some research projects while potentially offering information that could prove quite valuable may not always feasible. 2. Secondary data: Secondary data are those which are ready existence and collected for some other purpose then the answering of the question in hand” secondary data on the other hand are information are ready collected by others or somebody else and later used by a research to answer their question in hand it is a ready mate quantitative information obtain costly from different published source like companies reports is statics published by government such data are cheaper and more quickly obtainable then primary data and also may be available when primary data can not be obtain at all. Example: Assume you are preparing a brief report on your counties population for which you take reference of the census published by government is an example of secondary data collection. Secondary data included Secondary data sources included Documents Diaries Government Reports Letters Autobiographies Web information Books Previous research News paper - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 107 Government Post Graduate College Of Commerce Gujrat Advantage of Secondary Data o Time and cost Effective Generally the secondary data can be collected very easily where researches have to fine the source of data that and then collect it at all the time and cost recover to collect this tope of data is very lesser. o Ease of access In order to access goods secondary data the researcher visit libraries or the place where the secondary data can be found easily. Internet has also made the secondary data very much easier to access for researcher. o Longitudinal Analysis It can do longitudinal Analysis where the studies conducted spanning over or larger period of time. Research data can help the researcher to compare their own data with longitudinal study which has already be conducted in that particular area of study. o Sampling While using the secondary research data the researcher can use the random sampling resolving in the larger sampling size which may not be possible in a primary data collection . o Readily available It is readily available and hence convenient and much quicker to obtain then primary data help to. o Understanding the problem It help to improve the understanding of the problem. Researcher are able to make out what are the gaps and deficiencies and what additional information needs to be collected. DISADVANTAGES OF SECONDARY DATA o Lake of qualities Research Government and other official institution are often a guaranty a of data but it is not always case for this reason qualities issues must be very verity as outlined in this research. o Biasness The secondary data is usually collected by someone else then the one who uses it hence generally the secondary data is biased in the favor of one who collected it and might not necessarily meet with the requirements of an other. o Lake of availability It is an also disadvantage of secondary data where the secondary data might not be available and accessible easily. Some time it can be the case that researcher may not be able to fiend the exactly relevant and appropriate secondary available data. o Not Specific to one’s needs - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 108 Government Post Graduate College Of Commerce Gujrat In many forms of the secondary research data it is not specific to the needs of a researcher. therefore the Researcher can not only really on the on the secondary research data and it is not of much used to him. o Time log issues Information which is collected from secondary sources such as books and historical surveys might not sync with the time and it can changed drastically. Hence this can emerge as another disadvantage of the secondary research data where the time lag issue rises and as a result it can be highly risky for the business or a project. o Limited to verbal Behavior By definition documents provide information only about respondents verbal behavior and provide no direct information on the responds none verbal behavior either that of the documents others of other character in the documents. Summing up We can conclude that any data remains data whether termed as a primary or Secondary. The distinction between primary and secondary is one of the Degrees. Data primary in the hand of one party may be secondary in the hands of others. The type of data whether primary depends upon research which you are going to do. Q#29- What is a Research Proposal? Discuss in detail the content of Research Proposal? Ans: INTRODUCTION: Before any research study is undertaken, there should be an agreement between the person who authorizes the study and the research as to the problem to be investigated, the methodology to be used, the during of the study and its cost. This is usually accomplished through a Research Proposal, which the research submits and gets approved by the sponsor, who issues a letter of authorization to proceed with the study. Definition: “A written document outlining new research perameters for investigating a topic. “ Graretter&Forzano, 2011 “ A research proposal is a written report presenting the plan and underlying rationale of a future study. “ Mai nPur poseofResear chPr oposal : The main purpose of Research Proposal is to show that the problem you propose to investigate is significant enough to warrant the investigation, the method you plan to use is suitable and feasible, and the results are likely to prove fruitful and will make an original contribution. In short, What you are answering is will it work? The purpose of proposal is to ensure that. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 109 Government Post Graduate College Of Commerce Gujrat The candidate have done sufficient preliminary research reading in the area of their interest. That they have thought about the issues involved and are able to provide more than a broad description of the topic which they are planning to research. Cont entofResear chPr oposal The research proposal drawn up by the investigator is the result of a planned, organized, and careful effort, and basically content the following. 1- Working title: Personal data such as name, academic title, your position at your own university, date of birth, nationality, your contact information, institutional contact. Working title of your planned dissertation or research report. The title should be brief, it should be accurate descriptive and comprehensive, clearly indicating the subject of the investigation. 2- Background of the study: The introduction is the part of the paper that provides readers with the background information for the research reported in the paper. It’s purpose is to establish a framework for the research, so that readers can understand how it is related to other research. 3- The problem statement: “The problem statement describes the content for the study and it also identifies the general analysis approuch” ( wiersmal, 1995) A problem statement is a clear description of the issue, it includes a vision, issue statement, and the method used to solve the problem. A. The purpose of the study: This describes the goals and objectives that are the targets and desired outcomes of work done to find answers to the problem or issue under investigation. The purpose often starts with a single goal statement that explains what the study intends to accomplish. Example: To find a solution to the recruiting problem of 40% employee turnover within the first three years of their recruitment, and more specifically to. Draw up a profile of employees who quit. Assess if there are any special needs of the new recruits that require to be met. B. Research questions: Questions and hypotheses are testable explanations that are proposed before the methodology of a project is conducted, but after the research has had an opportunity to develop background. A research question proposes a relationship between two or more variables. Example: How can small to medium sized firms increase the organizational commitment of their employees? - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 110 Government Post Graduate College Of Commerce Gujrat 4- The significant of the study: To write a scope of study, outline the limitations of the research, the specific data used for the research and theories used to interpret the data. A scope of study is a very important component of research, since it explains why certain data is excluded from the research. Example: The research analyzes the problem of high turnover of employees within small to medium sized firms. 5- The Relevence of study: The cost of employee turnover to firm has been estimated up to 150% of the employees remuneration package. The result of this study provide managers with means to decrease the costs of employee turnover. 6- Literature Review: The literature review develops broad ideas of what is already known in a field, and what questions are still unanswered. It serves several important functions. Ensures that you are reinventing the “wheel”. Demonstrates your knowledge of the research problem. Your ability to evaluate relevant literature information. Understanding of research issues related to your research question. Convinces the reader that the research will make significant and Enough contribution to the literature. 7- Research Objectives: The objectives of a research project summaries what is to be achieved by the study. Objectives should be closely related to the statement of the problem. The objective can be general or specific. 8- The Research Design: Describe the overall research design by building upon and drawing some examples from your review of the literature. The objective here is to convince the the reader that your overall research design and methods of anyalsis with address the problem. A) Typeofst udy: Exploratory Research: Exploratory research is research conducted for a problem that has not been studies more clearly, established priorities, develops operational definitions and improve the final research design. Exploratory research helps determine the best research design, data-collection method and selection of subjects. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 111 Government Post Graduate College Of Commerce Gujrat Descriptive Research: Descriptive research is used to describe characteristics of a population or phenomenon being studied. It does not answer questions about how/when/why the characteristicsoccured. Causal Research: Like descriptive research, Causal research is quantities in nature as well as preplannedand structured in design. For this reason it is also considered conclusion research. B-Dat aCol l ect i onMet hod: The main methods for collecting qualitative data are. 1- Individual interviews 2- Focus groups 3- Observations 4- Action research C. TheSampl i ngDesi gn: A sample design is made up of two elements. Sampling method and estimator, Sampling Design: Rules and procedures by which some elements of the population are included in the sample. Estimator is the process for calculating sample statistics is called estimator. D-Dat aAnal ysi s: Analysis of data is a process of inspection, cleaning, transformation, and modeling data with the goal of discovering useful information, suggesting conclusions, and supporting decisionmaking. Time Frame: Time Frame of the study, including information on when the written report will be handed over to the sponsors. Be generous when working out time frames and check them with a more experienced researches. You should include time to prepare the final research product as well. Budget: The budget detailing the costs with reference to specific items of expenditure. You list of budget item and the calculations you have done to arrive at a dollar figure for each item should be summarized. Limitations: Limitations are influences that the researcher can not control. These limitations lays oristrictions on your methodology and conclusions. Any limitations that might influence the results should be mentioned. Selection Bibliography: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 112 Government Post Graduate College Of Commerce Gujrat List academic works mentioned in your research outline as well as other important works to which you will refer during your research. Q-30-; Explain the concept of Sampling. What are its various types and discuss in which circumstances each of the type can be used? (A/16) Ans:Introduction: Sampling is the process of selecting units (e.g, people, and organization) from a population of interest so that by studying the sample we may fairly generalize our results back to the population from which they were chosen. It is when the research chooses persons or site which provides specific knowledge about the topic of the study. Definitions: (Wikipedia) “The process of selecting a number of individuals for a study in such a way that individual represents the larger group from which they were selected.” (Investopedia) “Method or technique consisting of selection for the study of the so called part or the portion or the sample, with a view to draw conclusions or the solutions about the universe or population.” (Mildred parton) “Sampling method is the process or the method of drawing a definite number of the individuals, Causes or the observations from a particular universe, selecting part of a total group for investigation.” Char act er i st i csoft heSampl i ngt echni que: Much cheaper. Save time. Much reliable. Very suitable for carrying out different surveys. Scientific in nature. TypesOfSampl i ng: There are two types of Sampling. 1- Probability Sampling: Simple random sampling. Stratified random sampling. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 113 Government Post Graduate College Of Commerce Gujrat Cluster sampling. 2- Non-probability: Convenience sampling. Purposive sampling. Quota sampling. In psychological research and other types of social research, experiments, typically rely on a few different sampling method. Probability Sampling:means that every individual in a population stands and equal chance of being selected. Because probability sampling involves random selection, it assures that different subsets of the population have an equal chance of being represented in the sample. This make probability sample more presentative, and researchers are better able to generalize their results to the group as a whole. There are a few different types probability sampling: Simple Random Sampling: The simple type of probability sampling. Researches take every individual in a population and randomly select their sample, often using some type of computer program or random number generator. Advantages: Easy to conduct. High probability of achieving a representative sample. Meets assumptions of May statistical procedures. Disadvantages: Identification of all numbers of the population can be difficult. Contacting all members of the sample can be difficult. Stratified Random sampling: It involves separating the population into subgroups and then taking a simple random sample from each of a research might divide the population up into subgroups based on race, gender or age and then take a random simple sample of each of these groups. It provides greater statistics accuracy than ensure that certain groups are accurately represented in the sample. Advantages: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 114 Government Post Graduate College Of Commerce Gujrat More accurate sample. Representation of subgroups in the sample. Disadvantages: Identification of all members of the population can be different. Cluster Sampling: The process of randomly selecting intact group, not individuals, within the defined population sharing similar characteristics. Cluster are locations within which an intact group of member of the population can be found. Example: Neighborhoods , School districts ,School classrooms Advantages: Very useful where population are large and spread over a large geographic region. Convenient and expedient. Disadvantages: Representation is likely to become an issue. Non-probability Sampling: It involves selecting participant using methods that do not give every individual in a population an equal chance of being chosen. One problem with this type of sample is that volunteers might be different on certain variables than non-volunteers. This might make it difficult to generalize the results to the entire population. There are also a couple of different types of non-probability sampling. Convenience Sampling: It involves using participants in a study because they are convenient and available. If you have every volunteer for a psychology study conducted through your university's psychology department, then you have participated in a study that relied on a convenience sample. It is also called “accidental “or “haphazard” sampling. Disadvantages: Difficulty in determining how much of the effect ( dependent variable ) results from the cause (independent variable ). PurposiveSampling: The process where by the researcher selects a sample based on experience or knowledge of the group to be sampled. Called “judgement “ Sampling. E.g:- marketers might be interested in learning how their products are perceived by women between the age of 18 – 35 so, research firm hire to conduct telephone interviews. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 115 Government Post Graduate College Of Commerce Gujrat Disadvantages: Potential for inaccuracy in the researcher’s criteria and resulting sample selections. Quota Sampling: The process whereby the researcher gather data from individuals possessing identified characteristics and quotas. While the resulting sample may not actually be representative of the actual proportions that exist in the population, having a quota ensure that these smaller subgroups are represented. Disadvantages: People who are less accessible (more difficult to confact, more reluctant to participate ) are under – represented. CRUX In the above discussion, It will be concluded here, a sample is a subset of a population selected for measurement, observations or questioning, to provide statistical information about the population. Q.No.31)Define Validity? Discuss the types of validity? Ans: INTRODUCTION: The word validity is derived from the Latin word VALIDU, meaning strong. The validity of a measurement tool is considered to be the degree to which the tools measures what it claims to measure, in this case, the validity is an equivalent to accuracy. The concept of validity was formulated by Kelly (1927). Definitions Validity refers to the accuracy of an instrument/measurement. Validity is the ability of an instrument to measure what it is designed to measure. Validity is the extent to which a test measures what is claim to measure. It is vital for a test to be valid in order for the results to be accurately applied and interpreted. Example: A test of intelligence should measure intelligence and not something else (such as memory). Why Validity Validity is done mainly to answer the following questions. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 116 Government Post Graduate College Of Commerce Gujrat Is the research investigation providing answers to the research question for which it was undertaken? If so, is it providing these answers using appropriate methods and procedures? Importance of Validity Validity is important because it can help to determine what types of test to use, and helps to make sure researchers are using methods that are not only ethical, and cost-effective, but also a method that truly measures the idea o construct in question. Types of Validity a c e C o n t e n t C r it e r io n C o n s t r u c a lid it v a lid it y V a lid it y t V a lid it y 1) 2) 3) 4) Predictive Validity Concurrent Validity Discriminant Convergent Beside these for main and sub types of validity there are some other types of validity exists which are; 1) 2) 3) 4) a) External Validity Internal Validity Population Validity Ecological Validity Face Validity: It is the extent to which the measurement method appears “On its Face” to measure the construct of interest. Example: People might have negative reactions to an intelligence test that did not appear to them to be measuring their intelligence. Explanation: Face validity is determined by a review of the items and not through the use of statistical analyses. It is clearly of some value to have the test to be valid, face validity alone is insufficient for establishing that the test in measuring what it claims to measure. b) Content Validity: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 117 Government Post Graduate College Of Commerce Gujrat It is the extent to which the measurement method covers the entire range of relevant behaviors, thoughts, and feelings that define the construct being measured. Explanation: content validity refers to the connections between the test items and the subject related tasks. The test should evaluate only the content related to the field of study in a manner sufficiently representative, relevant, and comprehensive. Example: A course exam has good content validity if it covers all the material that students are supposed to learn and poor content validity if it does not. c) Criterion Validity: It is the extent to which people’s scores are correlated with other variables or criteria that reflects the same construct. Explanation: The Criterion-related validity is also known as instrumental validity. In criterion-related validity, you check the performance of your operationalization against some criteria. In criterion-related validity, we usually make prediction about how the operationalization will perform based on our theory of the construct. Example: An IQ test should correlate positively with school performance. An occupational aptitude test should correlate positively with work performance. Other Types of Criterion Validity a) Predictive Validity:When the criterion is something that will happen or be assessed in the future, this is called predictive validity. In predictive validity, we assess the operationalization’s ability to predict something it should theoretically be able to predict. Example: We might theorize that a measure of math ability should be able to predict how well a person will do in an engineering-based profession. b) Concurrent Validity:When the criterion is something that is happening or being assessed at the same time as the construct of interest, it is called concurrent validity. In concurrent validity, we assess the operationalization’s ability to distinguish between groups that it should theoretically be able to distinguish between. Example: If we want to assess the concurrent validity of a new measure of empowerment, we might give the measure to both migrant farm workers and to the farm owner’s, theorizing that our measure should show that the farm owners are higher in empowerment. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 118 Government Post Graduate College Of Commerce Gujrat c) Discriminant validity:It is the extent to which people’s scores are not correlated with other variables that reflect distinct constructs. Example: Imagine, that a researcher with a new measure of self-esteem claims that self-esteem is independent of mood, a person with high self-esteem can be in either a good mood or a bad mood (and a person with low self-esteem can too). d) Convergent Validity:The degree to which an operation is similar to other operations it should theoretically e similar to. Example: If we want to show the convergent validity of test of arithmetic skills, we might correlate the score on our test with scores on other tests that purpose to measue basic math ability , where high correlation would be evidence of convergent validity. d) Construct Validity: Refers to how well a performance on a particular set of task can be explained by some psychological construct or traits. Theoretical Construct:It is described by determining the components of such psychological task. Critical Construct:Critical construct includes predicators, conclusions. Assumptions, inference, interpretation and relevance of evidence. Construct validity defines how well a test or experiment measures up to its claims. Example: A test designed to measure depression must only measure that particular construct, not closely related ideas such as anxiety or stress. Other Types of Validity 1) External Validity: It is the extent to which the results of a research study can be generalized to different situations, different groups of people, different settings, different conditions etc. 2) Internal Validity: It is basically the extent to which a study is free from flaws and that any differences in a measurement are due to an independent variable and nothing else. 3) Population Validity: It refers to the extent to which findings can be generalized to other populations of people. 4) Ecological Validity: - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com) lOMoARcPSD|20058336 119 Government Post Graduate College Of Commerce Gujrat It refers to the extent to which the findings can be generalized beyond the present situation. - ABDUL JABBAR ---- M.COM-2 (2017-2019) E-Mail:- AbdulJabbaryousaf07@gmail.com -- GCC GUJRAT Downloaded by Alex Keith (alxket97j@gmail.com)