business research Flashcards

(26 cards)

1
Q

What are the characteristics of scientific research?

A
  • Purposiveness
  • Rigor
  • Testability
  • Replicability
  • Precision and Confidence
  • Objectivity
  • Generalizability
  • Parsimony

These characteristics guide the conduct of scientific research, ensuring systematic and reliable results.

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2
Q

What are the steps in the hypothetico-deductive method?

A
  • Identify a broad problem area
  • Define the problem statement
  • Develop hypotheses
  • Determine measures
  • Data collection
  • Data analysis
  • Interpretation of data

This process is fundamental in scientific research for testing theories and hypotheses.

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3
Q

Define deductive reasoning.

A

Application of a general theory to a specific case.

This method often involves hypothesis testing.

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4
Q

Define inductive reasoning.

A

Observing specific phenomena to arrive at general conclusions.

An example is counting white swans to conclude all swans are white.

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5
Q

What is positivism in scientific research?

A

The belief that scientific research is the way to get to the truth.

It emphasizes rigor, replicability, reliability, and generalizability.

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6
Q

What does critical realism assert?

A

There is an external reality, but we cannot always objectively measure it.

Critical realists question our ability to understand the world with certainty.

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7
Q

What is constructionism?

A

The view that the world is fundamentally mental and aims to understand how people make sense of it.

Research methods are often qualitative in nature.

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8
Q

What does pragmatism in research imply?

A

No specific position on what constitutes good research; both objective and subjective phenomena are valuable.

It emphasizes the relationship between theory and practice.

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9
Q

List some research strategies.

A
  • Experiments
  • Survey Research
  • Observation
  • Case studies
  • Grounded theory
  • Action research
  • Mixed Methods

These strategies can be used to explore various research questions.

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10
Q

What is the unit of analysis in research?

A
  • Individuals
  • Dyads
  • Households
  • Groups
  • Organizations
  • Cultures

The unit of analysis defines what is being studied in the research.

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11
Q

What are the types of time horizons in research?

A
  • Cross-sectional studies
  • Multiple cross-sectional studies
  • Longitudinal studies

These types differ in how data is collected over time.

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12
Q

What is cluster sampling?

A
  • Division of population into clusters
  • Random selection of clusters
  • Inclusion of all elements from selected clusters

Characterized by inter-cluster homogeneity and intra-cluster heterogeneity.

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13
Q

Define stratified sampling.

A
  • Divide the population into strata
  • Include all strata
  • Random selection of elements from strata

It ensures representation of all relevant subpopulations.

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14
Q

What is precision in research?

A

Refers to how close our estimate is to the true population characteristic.

It involves calculating the margin of error.

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15
Q

What does confidence refer to in research?

A

How certain we can be about our estimates holding true for the population.

Confidence is often expressed as a percentage.

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16
Q

What is the trade-off between precision and confidence?

A

Increasing sample size can enhance both confidence and precision.

A larger sample size typically leads to more reliable results.

17
Q

What is a nominal scale?

A

Allows researchers to assign subjects to categories or groups.

Examples include departments or gender.

18
Q

Define ordinal scale.

A

Categorizes variables and rank-orders them meaningfully.

An example is ranking education levels.

19
Q

What is an interval scale?

A

Measures the distance between any two points on the scale.

It allows comparison of differences in values.

20
Q

What is a ratio scale?

A

Has an absolute zero point, allowing for meaningful measurement.

This scale overcomes the limitations of interval scales.

21
Q

What is validity in research instruments?

A

Does the instrument measure the concept intended?

Validity ensures that the research accurately reflects the concept being studied.

22
Q

What is reliability in research instruments?

A

Is the instrument consistent in its measure?

This consistency is crucial for the credibility of research findings.

23
Q

What does positive correlation indicate?

A

A direct relationship between two variables.

As one variable increases, the other also tends to increase.

24
Q

What does negative correlation indicate?

A

An inverse relationship between two variables.

As one variable increases, the other tends to decrease.

25
What is the formula for the correlation coefficient?
r = Σ (X-average X) * (Y-average Y) / √[Σ(X-average X)² * Σ(Y-average Y)²] ## Footnote This formula calculates the strength and direction of the relationship between variables.
26
What is the first step in calculating correlation?
Calculate average X and Y. ## Footnote This step is crucial for determining the deviations from the mean.