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0524-Business Research Methods

ALLAMA IQBAL OPEN UNIVERSITY, ISLAMABAD

(Department of Business Administration)




BUSINESS RESEARCH METHODS (524)


CHECKLIST

SEMESTER: AUTUMN 2010



This packet comprises the following material:

1.                   Text Book (one)
2.                   Course Outline
3.                   Assignment No. 1 and 2
4.                   Assignment Forms (2 sets)

In this packet, if you find anything missing out of the above-mentioned material, please contact at the address given below:

Assistant Registrar

Mailing Section, Block-28

Allama Iqbal Open University,
H-8, ISLAMABAD.
Phone: 051-9057611-12



Dr. Syed Hassan Raza
Course Coordinator




ALLAMA IQBAL OPEN UNIVERSITY, ISLAMABAD

(Department of Business Administration)


WARNING
1.         PLAGIARISM OR HIRING OF GHOST WRITER(S) FOR SOLVING THE ASSIGNMENT(S) WILL DEBAR THE STUDENT FROM AWARD OF DEGREE/CERTIFICATE, IF FOUND AT ANY STAGE.
2.         SUBMITTING ASSIGNMENTS BORROWED OR STOLEN FROM OTHER(S) AS ONE’S OWN WILL BE PENALIZED AS DEFINED IN “AIOU PLAGIARISM POLICY”.


ASSIGNMENT No. 1

Course:  Business Research Methods (524)                             Semester: Autumn 2010
Level:  MBA                                                                                   Total Marks: 100
                                                                                                           Pass Marks: 40

Q. 1      Pressure you are invited to deliver a speech on the topic “What is needed to make business research more scientific”. What specific points would you talk about? Discuss in detail.                         (20)

Q. 2      (a)     Explain the following terms with the help of examples:
                     i)       Hypothesis                          ii)      Reliability
                     iii)      Theory                                iv)     Practicality
                     v)      Dependent Variable             vi)     Parameter
                     vii)     Controlled Variable              viii)    Standard Error
                     ix)     Mapping                             x)      Validity                                 (10)
            (b)     Distinguish among the following and suggest the significance of each in a research context.
                     a)      Concept and Construct
                     b)      Deduction and Induction
                     c)      Operational definition and Descriptive Definition
                     d)      Decision making under certainty and uncertainty
                     e)      Decision rule and decision variable                                             (10)

Q. 3      Explain the four major sources of measurement error? Illustrate by example how each of these might affect measurement results in a face-to-face interview situation.                             (20)

Q. 4      Critically explain the following topics in your own words with examples from current situations. Be as specific as possible:                                                                                                     (20)
            1.      Research in fundamental area of business
            2.      Ethics of research
            3.      Exploratory versus formalized research
            4.      Complex probability sampling

Q. 5      (a)     Being Manager Planning & Development under what conditions would you recommend:
                     1.      Probability sample & non-probability sample
                     2.      Simple random sample and cluster sample
                     3.      Using the finite population adjustment factor
                     4.      A dis-appropriate stratified probability sample
                     5.      Explain in detail with examples where possible.                           (10)

            (b)     Discuss planning of research keeping in view some industrial project, taking any example from real market situation.                                                                                            (10)

ASSIGNMENT No. 2
Total Marks: 100

This assignment is required to be presented in the workshop, which is expected to be held at the end of semester prior to your final examination. During the presentation, you can bring supporting material like transparencies and visual aids. Your attendance and presentation of this assignment in workshop is compulsory without which you will not be allowed to appear in the final examination in any case.

You are also advised to prepare two copies of this paper. Submit one copy to resource person in the workshop. Use second copy for presentation in the workshop. Placed below are 10 topics of which you should select only one for writing a paper consisting of 5/6 typed pages. You must ask your support on your own analysis regarding organization chosen. The student are required to choose a Commercial organization and study its operations relating to one of the following topics. Prepare a report of 30 typed pages and present it in the workshop with the help of transparencies/data show. You may use transparencies, charts or any other material for effective presentation. You are required to select one of the following topic according to the last digit of your roll number. For example, if your roll number is D-3427185 then you will select topic number 5 (the last digit): The report should include:-
i.                     Introduction to the topic
ii.                   Important sub-topics
iii.                  Practical study of the organization with respect to the topic
iv.                 Review of theoretical and practical situations
v.                   Merits, demerits, deficiencies or strengths of the organization with respect to topic under study
vi.                 Conclusions and recommendations
vii.                Annex, if any

You may use transparencies, charts or any other material for effective presentation. You are required to select topic according to the last digit of your roll number. Theoretically analysis the topic and later apply those concepts on a business and commercial organization.
TOPICS:
0.             The nature of research work and its methods
1.             Types of research work in manufacturing organisation
2.             Development of scientific methods and conceptualization in business administration
3.             Research methodology and research design in trading firms
4.             The process of designing a research project for business
5.             Designing of data collection instruments for research in business
6.             Sampling research in business and its implications
7.             Methods of collecting primary data for research in business
8.             Data processing and analysis methods for business
9.             Research report and its importance in business.

BUSINESS RESEARCH COURSE OUTLINE (MBA-524)


UNIT 1         : INTRODUCTION

            1.1        Research
a)   Defining Research
b)   Need and Importance of Research
            1.2        Research in Business
a)      Research and Decision Making
b)      Classification of Research
c)      Research Objectives
d)      Research in functional Areas of business
e)      The Manager Research Relationship
f)       Why Study Research?
g)      State of Scientific Development
            1.3        Scientific Thinking                                           
     Nature of Science
                Scientific versus unscientific methods
                Foundation of Scientific Method
a)      Concepts
b)      Definitions
c)      Hypothesis
d)      Theory
    The inference process                                                        
a)      Sources of belief
b)      Argument Analysis
c)      Deduction
d)      Induction
e)      Induction ‑ Deduction Sequence

UNIT 2: RESEARCH DESIGN
            2.1        The Research Process                                                    
            2.1.1        Step of research process                                
   a)      Exploration
   b)      Data Collection                        
   c)      Analysis and Interpretation
            2.1.2        The Origin of a Research Need                                    
            2.1.3        The General decision process                           
   a)      Decision Components
   b)      Need for research assistance
            2.1.4        The value of Research Information                 
   a)      The problems of information valuation
   b)      Ex‑post facto Evaluation
c)            Decision theory approach
            2.1.5        The delineation of the research task    
   a)      Problems of client relations
   b)      Research question development
            2.2        Research Design                                                                       
            2.2.1        What is Research Design?                               
            2.2.2        Classification of designs                     
   a)      Degree of problem crystallization
   b)      The topical scope
   c)      The research environment
   d)      The time dimension
   e)      The communication modes
   f)       Researcher control of variables
   g)      Nature of relationships among variables
            2.2.3        Exploratory Research                                    
   a)      Methods of Exploration
   b)      Experience Survey
   c)      The End of Exploration
   d)      Descriptive Studies
            2.2.4        Causal Inference                                                       
   a)      Inductive logic
   b)      Linkage Relationship
   c)      Positional Relationships
   d)      Testing Casual Hypothesis.
   e)      Casual Inference and Experimental Design
   f)       Casual Inference and ex‑post facto design

UNIT 3: SAMPLING DESIGN

3.1        The Nature of Sampling                                                  
3.1.1        Why sample?                                                  
3.1.2        What is good sample                                        
3.1.3        Types of sample Design                                               
3.1.4        Advantages of Sampling                                              
3.1.5        Limitation of Sampling                                                 
3.2        Probability Sampling                                                       
3.2.1        Sampling Procedure                                         
3.2.2        Steps in Sampling Design                                 
3.2.3        Sampling Concepts                            
3.2.4        Sample Size Decision     
3.2.5        Sampling of Attributes                                               
3.3        Complex Probability Sampling                                         
3.3.1        Systematic Sampling                                        
3.3.2        Stratified Sampling                                                                 
3.3.3        Cluster Sampling                                                          
3.3.4                E use of Non‑Probability Sampling
3.4.1        Conditions of use                                                         
3.4.2        Sampling Method                                                         

UNIT 4: MEASUREMENT AND SCALING
4.1        Measurement                                                   
4.1.1        The Nature of Measurement              
a)      What is measurement?
b)      Measurement defined
4.1.2        Measurement Scales             
a)      Nominal Scales
b)      Ordinal Scales
c)      Interval Scales
d)      Ratio Scales
4.1.3        The characteristics of Sound Measurement
a)      Validity
b)      Reliability
c)      Practicability
4.1.4        The Development of Measurement Tools

4.2        Scaling             
4.2.1        The Nature of Scaling                          
                                       a)      Scaling defined
                                       b)      Scale classification
4.2.2        Response Methods                            
                                       a)      Rating Scales
                                       b)      Attitude Scales  
4.2.3        Scale Construction Techniques                                   
                                       a)      Arbitrary Scales
                                       b)      Consensus Scaling
                                       c)      Item analysis
                                       d)      Cumulative Scales
                                       e)      Factor Scales

UNIT 5            : USE OF SECONDARY DATA
5.1        The Nature of Secondary Data Sources                                     
5.2        The use of Secondary data                                     
5.3        Types of Secondary data Sources                              
5.4        Statistical Sources                                                                    
5.5        Data Search procedures                                                           
5.5.1        Use of library                                         
a)      Card Catalogue
b)      Index and bibliographies
  Periodical Indexes
  Bibliographies
-  National & Trade Bibliographies
  Subject bibliographies
-  Library Catalogues
   c)      Reference books
‑ Dictionaries and Encyclopaedia
‑ Directories
‑ Bibliographical dictionaries
5.5.2        Evaluating Secondary Data                            
                                       a)      Data pertinence                                    
                                       b)      Data quality

UNIT 6: DATA COLLECTION-I

               SURVEY INSTRUMENTS AND FIELD PROCEDURES

            6.1        Survey Instrument Design                                                           
6.1.1        The Survey Situation              
            a)         The Need to Survey
                                       b)      Communication Holds
                                                i)   Personal mode
                                                 ii)  Impersonal mode
                        iii) Mixed mode
                                       c)      Process Structure
                                                i)   Questioning Structure
                                                ii)  Response Structure
                                       d)      Objective Disguise
6.1.2        The Instrument Development Process
                                       a)      Question hierarchy
                                       b)      Schedule design process
                                                   Information need determination
                                                   Data gathering process decisions
                                                   Instrument drafting
                                                   Instrument Testing
                                                   Specification of procedures
6.1.3        Question Construction                                    
                                       a)      Question context
                                       b)      Question wording
                                       c)      Response structure
                                                i)   Two way questions
            ii)  Multiple choice questions
                                       d)      Question sequence
6.1.4        Reason analysis                                                                     
            6.2        Field Procedures                                                                                                          6.2.1     Personal Interviewing                                         
   a)      The value of Personal Interviewing
b)      Requirement for interview success
c)      Interviewing Technique
   Increasing Respondents Receptiveness                      
   The Introduction
d)      Personal interview problems
   Non‑response error
   Response error
   e)      Interviewer selection and training
            6.2.2        Telephone Interviewing                                    
            6.2.3        Interviewing by mail
a)      Evaluation of mail surveys
         i)  Advantages and Disadvantages
b)      Mail Survey procedures
c)      Improving the returns from a mail survey
            6.3        Observation                                                                                                                 6.3.1     Strength                                                                                     
            6.3.2        Weaknesses                                                                            

UNIT 7: DATA COLLECTION-II

               OBSERVATION, EXPERIMENTATION AND SIMMULATION

            7.1        Experimentation and Simulation                                     
                        7.1.1        The Nature of experimentation                                               
   a)      Validity and Experimentation
1)   Internal Validity
2)   External Validity
                        7.1.2        Experimental Research design                   
   1)      Pre‑experimental designs
   2)      True experimental designs
   3)      Quasi‑Experiments
                        7.1.3        Simulation                                                            
a)      What is simulation?
b)      Business application of simulation
            7.2        Observation                                                                        
                        7.2.1        The use of observation                                               
   a)      Non‑behaviour observation
   b)      Behaviour observation
                        7.2.2        The Observer Subject Relationship              
   a)      Directness of observation
   b)      Observer concealment

                        7.2.3        Observation Design                                       
a)      The Content of Observation
b)      Rewarding Observation
c)      Increasing the reliability of observation               
d)      The relation of observe and observed

UNIT 8: DATA ANALYSIS
            8.1        Elements of Analysis                                                      
8.1.1     Data Preparation                                                          
                                    a)   Editing
                                    b)   Coding
8.1.2     Special data problem                                                     
                                    a)   Don't know responses
                                    b)   The use of percentages
8.1.3     Tabulation                                                        
                                    a)   Hand tabulation
                                    b)   Computer tabulation
8.1.4     Data presentation                                                           
                                    Data reduction
8.1.5     Data Analysis                                                  
                                    a)   Descriptive analysis
                                    b)   Casual analysis
                                    c)   Computerized analysis
                                    d)   Cross tabulation
                                    e)   Asymmetrical relationships

RECOMMENDED BOOKS:
1.                   Business Research Methods (revised edition) by Emory.
2.         Research Methodology for Business & Social Problems by Dr. Matin A. Khan.
3.         Methods in Social Research by Goode & Hatt.

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