CHAPTER 3,4, & 5 Flashcards
(59 cards)
The logical process of deriving a conclusion about a specific instance based on a known general premise or something known to be true
DEDUCTIVE REASONING
The logical process establishing a general proposition on the basis of observation of particular facts.
NDUCTIVE REASONING
business research can be
EXPLORATORY, DECRIPTIVE, CAUSAL
Conducted to clarify ambiguous situations or discover ideas that may be potential business opportunities.
EXPLORATORY
Describes characteristics of objects, people, groups, organizations, or environments; tries to “paint a picture” of a given situation.
DESCRIPTIVE
Allows causal inferences to be made; seeks to identify cause-and- effect relationships.
CAUSAL
Stages of research process
DEFINING RESEARCH OBJECTIVES, RESEARCH DESIGN, SAMPLING, DATA COLLECTION, DATA ANALYSIS, CONCLUSION AND REPORTING
It is a concise and descriptive statement that encapsulates the main topic or focus of a research study.
RESEARCH TITLE
A good research title typically contains
SIGNAL WORDS, VARIABLE(S), LOCATION
These are terms or phrases that indicate the relationship between ideas, concepts, or variables in the study.
SIGNAL WORDS
These are the elements, characteristics, or conditions that can vary or change in a research study. Target Population or Sample: This refers to the specific group of individuals or entities that the research focuses on.
VARIABLE(S)
This refers to the geographical area or context where the study is conducted.
LOCATION
was introduced in the early chapters and highlighted in translating the business decision situation into specific research objectives. While it is tempting to skip this step and go directly to designing a research project, the chances that a research project will prove useful are directly related to how well the research objectives correspond to the true business problem
FIRST STAGE OF THE RESEARCH PROCESS
is a written expression of the key question(s) that a research user wishes to answer. It is the reason that research is being considered. It must be well stated and relevant.
DECISION STATEMENT
The process of defining and developing a decision statement and the steps involved in translating it into more precise research terminology, including a set of research
PROBLEM DEFINITION
Ultimately, the quality of business research in improving business decisions are limited by the quality of the problem definition stage. This is far from the easiest stage of the research process. Indeed, it can be the most complex.
PROBLEM COMPLEXITY
A problem occurs when there is a difference between the current conditions and a more preferable set of conditions. In other words, a gap exists between the way things are now and a way that things could be better.
A PROBLEM DEFINITION PROCESS
the problem definition process
- Business performance is worse than expected business performance.
- Actual business performance is less than possible business performance.
- Expected business performance is greater than possible business performance.
involves several interrelated steps. Sometimes, the boundaries between each step aren’t exactly clear. But generally, completing one step leads to the other and by the time the problem is defined, each of these steps has been addressed in some way.
PROBLEM DEFINITION PROCESS
THE PROBLEM DEFINITION PROCESS STEPS
Understand the business situation—identify key symptoms
Identify key problem(s) from symptoms
Write managerial decision statement and corresponding research objectives
Determine the unit of analysis
Determine the relevant variables
Write research questions and/or research hypotheses
is an interview technique that tries to draw deeper and more elaborate explanations from the discussion. This discussion may involve potential problem causes. This process will likely be very helpful in identifying key variables that are prime candidates for study. Often, multiple interviews are necessary to identify all the key symptoms and gain a better understanding of the actual business situation.
PROBING
is extremely useful in translating the decision situation into a working problem definition by focusing on symptoms. The probing process discussed on pages 115–116 begins this process. However, the researcher needs to be doubly certain that the research attacks real problems and not superficial symptoms.
PRECEDING INTERVIEW
TRANSLATING DECISION STATEMENTS
DECISION STATEMENT, RESEARCH OBJECTIVES, RESEARCH QUESTIONS, RESEARCH HYPOTHESES
Express in actionable terms and make sure decision makers are in agreement
DECISION STATEMENT