MBA 898 Research Methods
MBA 898 Research Methods
MBA 898 Research Methods
Scope of BR
• Limited to one’s definition of “business”
• Although business researchers are specialized, the term business
research encompass all functional specialties.
• While researchers in different functional areas may investigate different
phenomena, they are comparable to one another because they use
similar research methods.
TYPES OF RESEARCH
• Broadly there are two types of research: basic or pure research and
applied research.
• Basic/ pure research- research that is intended to expand the
boundaries of knowledge itself or to verify the acceptability of a given
theory.
• The research does not directly involve the solution to a particular
pragmatic problem and its findings are not immediately implemented.
• Though basic research does not solve current problems, good theories
inform practice in the long run.
• Applied Research- research undertaken to answer questions about
specific problems or to make decisions about a particular course of
action or policy decision.
• The techniques and procedures utilized by basic and applied research
are similar. Both employ scientific method to answer the questions at
hand.
• Scientific method refers to techniques or procedures used to analyze
empirical evidence in an attempt to confirm or disprove prior
conceptions.
TYPES OF RESEARCH cont..
• Though there are two broad types of research, other types of research can
be derived from various classifications.
EXAMPLES
1. Based on reasoning approach, deductive vs Inductive research
deductive approach- research approach involving testing of a theoretical
proposition by the employment of a research strategy specifically designed
for the purpose of its testing.
Inductive approach- research approach involving the development of a theory as a
result of the observation of empirical data.
2. Based on the type of data collected quantitative vs qualitative research
quantitative research- based on measurement of quantity or amount and is
applicable to phenomena that can be expressed in terms of quantity.
qualitative research- applicable in behavioural science where the motive is to
uncover the underlying motives of human behaviour.
3. Based on level of abstraction conceptual vs empirical research
conceptual research is that related to some abstract ideas or theory. It is used by
philosophers to develop new concepts or reinterpret existing ones.
empirical research relies on experience or observation alone, often without due
regard for system or theory.
MANAGERIAL VALUE OF BUSINESS RESEARCH
Brainstorming
• Best undertaken with a group of people though it can be done
individually.
• Moody (1983) suggested the following brainstorming procedure:
1) Define your problem (ideas you are interested in) as precisely as
possible.
2) Ask for suggestions relating to the problem.
Brainstorming cont..
2 Background
• Give a description about the study concepts as captured by the title
as well as the concept’s relationships.
• As you describe the concepts, demonstrate your knowledge of the
relevant literature by citing notable authorities.
• Clarify where your proposal fits within the existing literature.
8. Methodology cont..
• Research design explains the general way in which you intend to
carry out the research. Will it be on a survey, interviews (case study),
examination of secondary data or a combination of methods?
• It is essential to explain why you have chosen your approach. Your
explanation should be based on the most effective way of meeting
your research objectives.
• The research design therefore, gives an overall view of the method
chosen, and the reasons for that choice.
• Under data collection, you specify your population of interest,
describe sampling techniques as well as specify sample size. You
also specify how data will be collected and the instruments to be
used for data collection.
• Finally, you should specify data analysis techniques, depending on
your research objectives.
• Where there are ethical issues, include a statement outlining how you
will address and adhere to ethical guidelines.
ACADEMIC RESEARCH PROPOSAL cont..
9. Time Scale
• This will help you and your reader to decide on viability of your research
proposal.
• Divide your research plan into stages. This will give you a clear idea as
to what is possible in the given time scale.
• Use a gannt chart to produce a time plan schedule.
10. Budget
• Conducting research costs money. This may be for travel, subsistence,
collecting data, analysis etc.
• Think through expenses involved and ensure you can meet them.
11. References
Include references of all materials cited in the body of the proposal.
• Use one referencing format consistently. Common referencing formats
include, Harvard, APA, Chicago etc.
ACADEMIC RESEARCH PROPOSAL cont..
12. Appendices
• Attach appendices that are relevant to the study e.g. questionnaire,
interview guide etc.
13. Declaration
• Indicated by Roman page i. The candidate declares that the proposal
is her/ his original work and has not been presented before in any
institution for examination.
• It is signed by both the candidate and the two supervisors.
14. Dedication and Acknowledgement
• If the researcher wishes to dedicate the study to someone they can
do so in the second Roman page ii and acknowledge support given in
Roman page iii.
15. Abstract
• Also indicated by Roman paging and gives a summary of the
research objectives, methodology and expected results.
16. Table of Contents, List of Tables & List of Figures
MOI UNIVERSITY RESEARCH FORMATTING
• Font- 12, Times Roman, one page double spacing, Right hand bottom
paging.
• No page number on the title page.
• Roman paging on material before Introduction.
• Arabic paging from Introduction onwards.
• Harvard citation format.
• Margins- 1” top, bottom, right, 1.5’’ left
LITERATURE REVIEW
Importance of Literature review
• Helps you to generate and refine research ideas.
• Critical literature review is part of the research project (in Moi University
it forms part of the academic proposal). It helps you demonstrate
awareness of the current state of knowledge in your subject, its
limitations, and how your research fits in the wider context.
• Helps to refine further research questions and objectives.
• To highlight research questions that have been looked implicitly in
research to light.
• To discover explicit recommendations for further research. These can
provide you with a superb justification for your own research questions
and objectives.
• It helps you to avoid repeating work that has already been done.
• To discover and provide an insight into research approaches,
strategies and techniques that may be appropriate to your own
research questions and objective.
LITERATURE REVIEW cont..
2. Make notes about the relevance of each item as you read it and
the reasons you came to your conclusion.
3. Check with your supervisors what constitutes acceptable amount
of reading in both quantity and quality.
4. When further searching provides mainly references to items you
had already read, it may imply you have now read enough.
RECORDING LITERATURE
• In addition to taking notes you should also record bibliographic
details, brief summary of content, and supplementary information.
• Though some project reports require you include a bibliography,
i.e. all relevant items you consulted, Moi University requires a list
of references for those items referred to directly in the text ( Use
Harvard format).
THEORY BUILDING
• Theory- a coherent set of general propositions used to explain the
apparent relationships among certain observed phenomena.
Theories allow generalizations beyond individual facts or situations.
• Theory development is essentially a process of describing
phenomena at increasingly higher levels of abstraction.
• The things we observe can be described as concepts.
• A concept is a generalized idea about a class of objects; an
abstraction of reality and it is the basic unit of theory development.
• Concepts are the building blocks for a theory e.g. in organization
theory, “leadership”, “productivity”, “morale”, etc are concepts. In
strategy theory, “competitive advantage”, “capabilities”,
“competences”, “drivers” etc are concepts. In theory of finance,
“asset”, “premium”, “price” etc are concepts.
• Concepts abstract reality i.e. concepts are expressed in words that
refer to various objects or events e.g. “asset” is an abstract term that
in reality refer to a specific furniture, motor vehicle or machinery.
• Concepts however, may vary in degree of abstraction and it is
possible to discuss concepts at various levels of abstraction.
THEORY BUILDING cont..
• Moving up the ladder of abstraction, the basic concept becomes
more abstract, wider in scope and less amenable to measurement.
• Note. Ladder of abstraction- organization of concepts in sequence
from the most concrete and individual to the most general.
• The basic or scientific business research operates at two levels: on
an abstract level of concepts (and propositions) and on empirical
level of variables (and hypothesis).
• Abstract level- in theory development, the level of knowledge
expressing a concept that exists only as an idea or a quality part
from an object.
• Empirical level- level of knowledge that is verifiable by experience
or observation. At an empirical level we experience reality, i.e. we
observe or manipulate objects or events.
• Researchers are concerned with the observable world or reality.
Theorists translate their conceptualization of reality into abstract
ideas. Thus theory deals with abstraction. Things are not the
essence of theory but ideas. Only when we explain how concepts
relate to other concepts do we begin to construct theories.
KEY TERMS IN THEORY BUILDING
PROPOSITIONS
• Concepts are the basic units of theory development. However, theories require
an understanding of relationships among concepts.
• Propositions are statements concerned with the relationships among concepts.
It explains the logical linkage among certain concepts by asserting a universal
connection between concepts.
• A proposition states that every concept about an event or thing either has a
certain property or stands in a certain relationship to other concepts about the
event or thing.
• In abstraction scale concepts are at one level of abstraction. Investigating
propositions requires that we increase our level of abstract thinking. When we
think about theories we are at the highest level of abstraction because we are
investigating the relationship between propositions. Theories are networks of
propositions.
CONSTRUCTS
• A construct is an image or idea specifically invented for a given research and/ or
theory building purpose.
• We build constructs by combining the simpler concepts, especially when the
idea or image we intend to convey is not directly subject to observation.
KEY TERMS IN THEORY BUILDING cont..
SCIENTIFIC METHOD
• Set of prescribed procedures for establishing and connecting theoretical
statements about events and analyze empirical evidence in an attempt to
conform or disapprove prior conceptions.
• There is no consensus concerning exact procedures for scientific method
but basically it includes empirical testability.
• Empirical means verifiable by observation, experimentation or
experience.
• The process of empirical verification cannot be divorced from theory
development.
PROPOSITIONS AND HYPOTHESIS
• Research literature disagrees about the meanings of the terms
proposition and hypothesis.
• A proposition as earlier defined is a statement about concepts that may
be judged as true or false if it refers to observable phenomena.
• When a proposition is formulated for empirical testing it is called a
hypothesis. As a declarative statement a hypothesis is of a tentative and
conjectural nature.
KEY TERMS IN THEORY BUILDING cont..
CONCEPTUAL FRAMEWORK
• Graphical depiction of Interrelationship between concepts and constructs.
• It is the basis of hypothesis, where the hypothetical constructs are presumed to
exist but must wait further testing so as to make inferences from the data.
OPERATIONAL DEFINITIONS
• Definition stated in terms of specific testing and measurement criteria. In
research it serves the same purpose as definitional.
• The terms must have empirical referents (i.e. must be countable, measurable, or
observable).
• The definition must specify characteristics and how they are to be observed.
• Operational definitions may vary depending on purpose and the measure you
choose.
• While operational definitions are needed in research they also present some
problems. They are narrow measures of concepts and constructs and the
measurement may vary from one researcher to another.
• Where constructs have few referents you may formulate operational measures
that are not true labels.
RESEARCH DESIGN
• There are many definitions of research design, but no one definition imparts
the full range of important aspects.
Examples
1. The research design constitutes the blue print for collection, measurement,
and analysis of data. It aids the scientist in the allocation of his limited
resources by posing crucial choices: Is the blue print to include experiments,
interviews, observation, the analysis of records, simulation or some
combination of these? Are the methods of data collection and research
situation to be highly structured? Is an intensive study of a small sample more
effective than a less intensive study of a large sample? Should the analysis be
primarily quantitative or qualitative? (Philip, 1971).
2. Research design is the plan and structure of investigation so conceived as to
obtain answers to the research questions. The plan is the overall scheme or
programme of the research. It includes an outline of what the investigator will
do from writing the hypotheses and their operational implications to the final
analysis of data. A structure is the framework, organization, or configuration of
..the relations among variables of a study. A research design expresses both
the structure of the research problem and the plan of investigation used to
obtain empirical evidence on relations of the problem.
RESEARCH DESIGN CONT..
• The definition differ in detail but together they give essentials of
research design.
• The research design is:
- an activity and time based plan.
- always based on the research question/ objectives.
- guides the selection of sources and types of information.
- framework for specifying the relationships among study variables.
- outlines procedures for every research activity.
• Before settling on a research design one is guided by research
philosophy, research approaches and time horizons. The design
chosen on other hand determines the method of data collection.
RESEARCH PHILOSOPHY
• Depends on the way we think about knowledge development, which
indirectly affects the way we do research.
• There are three views about research: (1) positivism (2) interpretivism
(3) realism.
Positivism
• The researcher assumes the role of an objective analyst, making
detached interpretations about collected data.
• Emphasize is put on highly structured methodology to facilitate
replication and on quantifiable observations that can be analyzed
statistically.
• It assumes that the researcher is independent of and neither affects nor
is affected by the subject of the research.
• Common in physical science and today it is also employed in social
science like business.
RESEARCH PHILOSOPHY cont..
Interpretivism
• Critiques of positivism argue that in social world e.g. business and
management, things are so complex as to be theorized by finite
laws as in physical science.
• Rich insights into this complex world are therefore lost if the
complexity is reduced entirely to a series of law like generalizations.
• According to interpretivists, it is necessary to explore the subjective
meanings motivating peoples action in order to be able to
understand them through the process of social constructionsm.
• Social constructionsm views reality as being socially constructed
and therefore people place interpretations on situations in which
they find themselves, and these interpretations affect their actions
and the way they socially interact with others.
• Interpretivist therefore seeks to understand the subjective reality of
those that they study, in order to be able to make sense of and
understand their motives, actions and intentions in a way that is
meaningful for those research participants.
RESEARCH PHILOSOPHY cont..
Realism
• Based on the belief that a reality exists that is independent of human
thoughts and beliefs.
• This implies that there are large scale social forces and processes
that affect people without their necessarily being aware of the
existence of such influences on their interpretations and behaviours.
• Realism therefore shares some philosophical aspects with
positivism e.g. those aspects related to external, objective nature of
macro society. It also recognises that people are not objects to be
studied in style of natural science.
• Realism as applied to study of human subjects, recognises the
importance of understanding peoples socially constructed
interpretations and meanings, or subjective reality, within the
context of seeking to understand broader social forces, structures or
processes that influence and perhaps constrain the nature of
peoples views and behaviours.
Note: Business research rarely falls into one of the approaches. It is
often a mixture between positivist and interpretivist, perhaps
reflecting the stance of realism.
TYPES/ CLASSIFICATIONS OF RESEARCH DESIGN
• Different research design often reflects the classification criteria used by
different authors.
• No simple classification system defines all variations of research
design.
Category Example
options
Independent Dependent
• Presumed cause • Presumed effect
• Stimulus • Response
• Predicted from • Predicted to
• Antecedent • Consequence
• Manipulated • Measured outcome
• Predictor • Criterion
VARIABLES cont..
Moderating Variables (MV)
• In each relationship there is at least one independent variable (IV) and
a dependent variable (DV).
• It is normally hypothesized that in some way the IV “causes” the DV to
occur.
• For simple relationships, all other variables are considered extraneous
and are ignored.
• However, in actual study situations, such simple one- on- one
relationship needs to be conditioned or revised to take other variables
into account.
• Often one uses another type of explanatory variable known as
moderating variable.
• A moderating variable is a second independent variable that is included
into a study because it is believed to have a significant contributory or
contingent effect on the originally stated IV- DV relationship. E.g. one
may hypothesize Market strategy (IV) will lead to high corporate
performance (DV), especially if the organization has acquired requisite
internal capabilities (MV) and is operating in an attractive industry.
VARIABLES cont..
Extraneous Variables (EV)
• In a given relationship an infinite number of variables may exist that
may affect the relationship. These are called extraneous variables and
most are either assumed or excluded from the study.
• In most cases these infinite number of extraneous variables have little
or no effect on a given situation. Others may be important but, their
impact occurs in such a random manner has to have little effect.
Intervening Variables (IVV)
• The factor that theoretically affects the observed phenomenon but
cannot be seen, measured or manipulated, its effect must be inferred
from the effects of the independent and moderator variables on the
observed phenomenon. E.g. The introduction of a four day work week
(IV) will lead to higher productivity by increasing job satisfaction (IVV).
DATA COLLECTION METHODS AND PROCEDURES
• There are two types of data, i. e. primary data and secondary data.
• The primary data are those that are collected for the first time, and
thus have original character.
• The secondary data are those that have been collected by someone
else and which in most cases have already been passed through
statistical process.
• The researcher has to decide the kind of data best suited for the
research at hand and the best method of collecting such data.
SAMPLING TECHNIQUES
• Sampling techniques are divided into two types:
• Probability or representative sampling
• Non probability or judgemental sampling
• In probability samples, the chance of each case being selected is
known and is equal in all cases.
• For non probability samples, the chance of each case being selected
from the total population is not known and it is impossible to address
research objectives that requires statistical inferences about
characteristics of the population.
PROBABILITY SAMPLING
• The process of probability sampling can be divided into four stages:
1. Identifying a suitable sampling frame based on your research
questions or objectives.
- The sampling frame for any probability sample is a complete list of
all the cases in the population from which the list is drawn
- Where no suitable lists exist you will have to compile your own
frame from existing lists.
- Completeness and accuracy of the sampling frames is critical for
generalization.
2. Deciding on suitable Sample size
- To improve on accuracy of generalization the larger the sample
size the better.
- Probability sampling is a compromise between the accuracy of the
findings and the amount of time and money you invest collecting,
checking and analysing the data.
Your choice of sample size will be governed by:
PROBABILITY SAMPLING cont..
- The confidence you need to have in your data i.e. the level of certainty that
the characteristics of the data collected will represent the characteristics of
the total population;
- The margin of error that you can tolerate- i.e. the accuracy you require for
any estimates made from your sample;
- The types of analyses you are going to undertake- in particular the number of
categories in which you wish to subdivide your data as many statistical
techniques have a minimum threshold of data cases for each cell.
3. Selecting the most appropriate sampling technique and the sample
- Having chosen a suitable sampling frame and established the actual
sample required, you need to select the most appropriate sampling technique
to obtain a representative sample.
4. Checking the Sample is Representative
- Ensured by comparing data collected for the sample from another source
for the population e.g. you may compare data for demographics for marketing
survey with the characteristics of the population as recorded by census. If
there is no significant statistical difference then the sample is representative.
You may also use Kolmolgorov tests between the proportions of respondents.
SAMPLING TECHNIQUES
SKEWNESS
• When a distribution of scores is symmetrical, the mean and the median
are located at the same point in the distribution.
• When the distribution has more extreme scores at one end than the
other, that is when it is skewed, because the mean will always be in the
direction of the extreme scores. In this case a median will reflect more
accurately the average of the sample.
SKEWNESS cont..
• When a distribution is highly skewed, both the mean and the median
should be reported. Special statistics may be used to describe the
amount of skewness and the shape of score distribution.
KURTOSIS
• Kurtosis is a measure of shape that describes departures from the
symmetry of a distribution and its relative flatness or peakedness,
respectively.
• Skewness and kurtosis are related to statistics known as moments,
which use deviation scores. E.g. the variance is a second power
moment. The measures of shape use third and fourth power deviations
for their computations and are often difficult to interpret when extreme
scores are in the distribution.
• Measures of shape are best communicated through visual displays.
MEASURES OF DISPERSION
• Dispersion is the amount of variability of scores about the mean score or other
measure of central tendency.
• The common measures of variability include variance, standard deviation,
range, interquartile range and quartile deviation.
THE STANDARD DEVIATION
• SD is the measure of variability mostly reported in research studies.
• It is a measure of the extent to which scores in a distribution deviate from the
mean.
• The standard deviation is the most stable measure of variability. This implies
that, repeated samples drawn from the same population are likely to have
similar standard deviations. SD is also used as a basis for computing other
statistics. These reasons make it the most commonly used measure of
variability.
• The mean and standard deviation taken together usually provide a good
description of how members of a sample scored on a particular measure.
• E.g. If a group of individuals has a mean score of 10 and SD of 2 on a test, and
that the scores are distributed in the form of a normal curve, we can infer that
approximately 68% of them earned scores between 8 & 12 and approximately
95% earned scores between 6 and 14.
CORRELATIONAL STATISTICS
• They describe the relationship between two or more variables.
• Bivariate correlation coefficient describes in mathematical terms the
strength of relationship between two variables.
• There are many types of correlation coefficients and selection of an
appropriate coefficient depends upon the form of scores that are to be
related e.g. continuous, ranked, dichotomous or categorical.
• Multivariate correlational methods enable researchers to study how
factors singly and in combination affect outcome variables.
INFERENTIAL STATISTICS
• Statistical inference is a set of mathematical procedures for using
probabilities and information about a sample and to draw conclusions
about the population from which the sample was drawn.