BRM Notes
BRM Notes
1 Introduction to BRM :
Business research is a systematic process of gathering, analyzing, interpreting, and
presenting information related to various aspects of the business environment. It
plays a crucial role in decision-making, problem-solving, and strategic planning for
organizations. Business research aims to provide insights and data-driven solutions
that can lead to better understanding and management of business-related
challenges and opportunities.
4. **Data Collection:** Gather data based on the chosen methods. This can involve
surveys, interviews, focus groups, observations, or analyzing existing data sources.
5. **Data Analysis:** Process and analyze the collected data using appropriate
statistical or qualitative analysis techniques. This step aims to derive meaningful
insights and patterns from the raw data.
The research process is a systematic and structured series of steps that researchers
follow to gather information, analyze data, and draw conclusions. Whether in
academia, business, or other fields, the research process helps ensure that research
is conducted in an organized and rigorous manner. Here are the key steps in the
research process:
6. **Data Collection:**
- Implement the data collection plan according to the chosen methods.
- Record, gather, or document the data, ensuring consistency and proper
organization.
7. **Data Analysis:**
- Analyze the collected data using appropriate techniques, tools, and software.
- Quantitative analysis involves statistical methods, while qualitative analysis
involves coding, categorizing, and interpreting data.
8. **Interpretation of Findings:**
- Interpret the results of the data analysis in the context of the research question or
hypothesis.
- Identify patterns, relationships, trends, and significant findings.
9. **Draw Conclusions:**
- Summarize the key findings and conclusions drawn from the data analysis.
- Address the research question or hypothesis based on the evidence gathered.
1. **Research Approach:**
- Quantitative Approach: Involves the collection and analysis of numerical data to
quantify relationships and patterns.
- Qualitative Approach: Focuses on understanding meanings, interpretations, and
context through non-numerical data, such as interviews, observations, and textual
analysis.
- Mixed Methods Approach: Combines both quantitative and qualitative methods to
provide a comprehensive understanding of a research problem.
2. **Research Purpose:**
- Exploratory Research: Aims to explore a new area or generate insights, often used
when the topic is not well-defined.
- Descriptive Research: Seeks to describe and document the characteristics of a
phenomenon.
- Explanatory Research: Focuses on understanding cause-and-effect relationships
and explaining why certain events occur.
4. **Sampling Strategy:**
- Define the target population and select a representative sample to generalize
findings.
- Consider random sampling, stratified sampling, convenience sampling, or
purposive sampling, based on the research goals.
8. **Ethical Considerations:**
- Obtain informed consent from participants.
- Protect participants' confidentiality and privacy.
- Minimize harm and ensure the research's benefits outweigh risks.
8. **Consider Feasibility:**
- Assess whether the research problem is feasible given available resources, time
constraints, and ethical considerations.
4. **Logical Sequence:**
- The design should follow a logical sequence of steps, from problem formulation
and data collection to analysis and conclusion drawing.
6. **Sampling Strategy:**
- Select a representative sample that accurately reflects the target population and
allows for generalizing the findings.
These are just a few examples of research designs, and often studies may combine
elements from multiple designs to address complex research questions. The choice of
research design depends on the research objectives, the nature of the research
problem, available resources, and ethical considerations.
4. **Search Databases:**
- Enter your keywords into the selected databases' search fields.
- Explore advanced search options to narrow down results by publication date,
author, journal, and other criteria.
6. **Read Abstracts:**
- Read the abstracts of selected studies to determine whether they are aligned with
your research objectives.
Organizing the material you've found during your literature search is essential for
efficiently managing the information and preparing to write your research paper,
report, or thesis. Here are several ways to effectively organize the material you've
gathered:
4. **Use a Spreadsheet:**
- Create a spreadsheet or table to list the sources you've found along with relevant
information such as author, title, publication date, key findings, and your own notes.
5. **Group by Themes or Topics:**
- Group your sources based on common themes or subtopics within your research
question.
- This will help you identify patterns and relationships in the literature.
Remember that the goal of organizing your material is to make it easier to retrieve
and use information when writing your research paper or report. Choose the
methods that work best for your preferences and the nature of your research project.
2. **Compare Studies:**
- Compare and contrast different studies to identify discrepancies or contradictions
in their results or conclusions.
- Look for patterns in studies that may reveal areas that need clarification.
3. **Examine Limitations:**
- Analyze the limitations and weaknesses of previous research.
- Consider whether these limitations create opportunities for further investigation.
6. **Consult Experts:**
- Discuss your research topic with colleagues, mentors, or experts in the field.
- They may provide insights into gaps that you might have overlooked.
1. **Surveys:**
- Surveys involve administering structured questionnaires to a sample of
participants.
- They gather standardized responses and are useful for collecting quantitative data.
- Surveys can be conducted in person, via mail, telephone, or online platforms.
2. **Interviews:**
- Interviews involve direct interactions between the researcher and the participants.
- They can be structured (follow a set of predefined questions), semi-structured
(allow for flexibility in probing), or unstructured (open-ended conversations).
- Interviews are useful for gathering in-depth qualitative data.
3. **Observations:**
- Observations involve systematically watching and recording behaviors, events, or
interactions in a natural or controlled setting.
- Researchers can be participants (participant observation) or observers (non-
participant observation).
- Observations can provide rich contextual insights.
4. **Document Analysis:**
- Document analysis involves examining existing documents, texts, or records
relevant to the research question.
- Researchers analyze written, visual, or audio materials to extract information and
insights.
- It can be used for historical research, content analysis, or policy analysis.
5. **Experiments:**
- Experiments involve manipulating one or more variables to observe their effects
on a dependent variable.
- They aim to establish cause-and-effect relationships.
- Controlled conditions are created to minimize extraneous factors.
6. **Field Research:**
- Field research involves conducting research in a real-world setting.
- Researchers immerse themselves in the environment to collect data firsthand.
- It's commonly used in anthropology, ethnography, and social sciences.
7. **Archival Research:**
- Archival research involves analyzing historical records, archives, and documents to
study past events and trends.
- Researchers gather data from sources like government records, diaries, letters,
and newspapers.
8. **Content Analysis:**
- Content analysis involves systematically analyzing the content of media, texts, or
visual materials.
- It's used to identify themes, patterns, and trends within the content.
10. **Questionnaires:**
- Questionnaires involve structured sets of questions that respondents answer in a
written format.
- They are often used in surveys and are suitable for collecting standardized data
from a large sample.
When selecting data collection methods, consider factors such as the research
context, the type of data needed, the target audience, and the resources available.
It's common to use a combination of methods to gather comprehensive and diverse
data that can answer your research questions effectively.
1. **Surveys:**
- Surveys involve creating a set of structured questions and distributing them to a
sample of respondents.
- Surveys can be conducted in person, via mail, telephone, or online platforms.
- They are used to collect quantitative data on attitudes, opinions, behaviors, and
characteristics.
2. **Interviews:**
- Interviews involve one-on-one interactions between the researcher and the
participant.
- Researchers can conduct structured, semi-structured, or unstructured interviews.
- Interviews are suitable for gathering in-depth qualitative data, insights, and
personal narratives.
3. **Observations:**
- Observations involve systematically watching and recording behaviors, events, or
interactions in a natural or controlled setting.
- Researchers can be participants (participant observation) or observers (non-
participant observation).
- Observations are useful for studying behaviors and contexts in real time.
4. **Experiments:**
- Experiments involve manipulating one or more variables to observe their effects
on a dependent variable.
- Researchers create controlled conditions to establish causal relationships.
- Experiments are commonly used in scientific and social research to test
hypotheses.
5. **Focus Groups:**
- Focus groups involve small groups of participants discussing a specific topic guided
by a facilitator.
- They generate qualitative data through group interactions, discussions, and shared
opinions.
6. **Field Research:**
- Field research involves conducting research in a real-world setting.
- Researchers immerse themselves in the environment to gather firsthand data.
- It's commonly used in anthropology, ethnography, and social sciences.
7. **Questionnaires:**
- Questionnaires involve structured sets of questions that respondents answer in
writing.
- They can be administered in person, through mail, or online.
- Questionnaires are used for collecting standardized data from a large sample.
Selecting the appropriate primary data collection approach depends on the nature of
your research questions, the type of data you need, and the available resources.
Combining multiple approaches can provide a more comprehensive understanding of
your research topic.
4.3 Secondary Data Collection Approaches :
Secondary data collection approaches involve using existing data that was collected
by others for a different purpose but can be relevant to your research objectives.
These approaches can save time and resources and provide insights from a broader
context. Here are some common secondary data collection approaches:
1. **Literature Review:**
- Analyze existing academic literature, research papers, books, and reports to gather
insights and data relevant to your research question.
3. **Archival Data:**
- Access historical records, documents, and artifacts such as letters, newspapers,
manuscripts, or legal records to study past events or trends.
9. **Historical Data:**
- Analyze data from the past to examine trends, patterns, or changes over time.
When using secondary data, it's important to critically assess the quality, relevance,
and validity of the data for your research objectives. Consider the context in which
the data was collected and whether any limitations might affect its applicability to
your research. Properly citing the original sources of the secondary data is essential
for maintaining academic integrity.
Remember that a well-designed questionnaire enhances the quality of your data and
contributes to the validity and reliability of your research findings.
1. **Purpose of Measurement:**
- Measurement involves assigning numbers or symbols to represent attributes,
characteristics, or behaviors of objects or individuals in a systematic way.
2. **Levels of Measurement:**
- There are four levels of measurement: nominal (categories), ordinal (ranking),
interval (equal intervals with no true zero), and ratio (equal intervals with a true
zero).
3. **Scaling Techniques:**
- Scaling involves creating a continuum of values to measure a variable. Common
scaling techniques include nominal, ordinal, interval, and ratio scales.
4. **Data Transformation:**
- Different types of data (e.g., categorical, numerical) require appropriate scaling
techniques to ensure meaningful analysis and interpretation.
5. **Measurement Validity:**
- Validity assesses whether a measurement accurately measures what it's intended
to measure. It includes content, criterion, construct, convergent, and discriminant
validity.
6. **Measurement Reliability:**
- Reliability measures the consistency and stability of a measurement tool. It
includes test-retest reliability, internal consistency, and inter-rater reliability.
7. **Scaling Considerations:**
- When designing a scale, consider the number of response options, the nature of
the construct, and the audience's understanding.
4. **Design Questions:**
- Craft clear, concise, and relevant questions that align with your objectives.
- Write unbiased and neutral questions to avoid leading or influencing responses.
7. **Pilot Testing:**
- Administer the questionnaire to a small sample similar to your target audience.
- Collect feedback to identify issues with clarity, wording, or question flow.
1. **Reliability:**
- Reliability refers to the consistency, stability, and repeatability of measurements or
data collection tools. In other words, if the same measurement is taken multiple
times, it should yield consistent results.
**Types of Reliability:**
- **Test-Retest Reliability:** Administer the same measurement to the same
individuals at two different time points, and the results should be consistent.
- **Internal Consistency Reliability:** Ensures that the items within a measurement
tool (e.g., questionnaire) are consistently measuring the same construct. Common
methods include Cronbach's alpha for Likert scale items.
- **Inter-Rater Reliability:** Used in observational research, this assesses the
degree of agreement between different raters or observers.
**Improving Reliability:**
- Use clear and unambiguous measurement tools.
- Minimize sources of error, such as random errors, by providing clear instructions
to participants.
- Conduct pilot tests to identify potential issues affecting reliability.
- Increase the number of items or observations in the measurement tool to improve
internal consistency.
2. **Validity:**
- Validity refers to the extent to which a measurement tool accurately measures the
intended construct or variable. A valid measurement accurately represents the
underlying phenomenon.
**Types of Validity:**
- **Content Validity:** Ensures that the measurement tool comprehensively covers
all aspects of the construct being measured.
- **Criterion Validity:** Compares the measurements to an external criterion, such
as comparing a new test to an established test.
- **Construct Validity:** Assesses whether the measurement tool accurately
measures the theoretical construct it claims to measure. This involves exploring
relationships with other variables.
- **Convergent Validity:** Demonstrates that the measurement tool correlates
positively with other measures of the same construct.
- **Discriminant Validity:** Demonstrates that the measurement tool correlates
less strongly with measures of different constructs.
- **Face Validity:** Assesses whether the measurement tool appears to measure
what it's intended to measure.
**Improving Validity:**
- Clearly define the construct you're measuring.
- Ensure that the measurement tool's items are relevant and representative of the
construct.
- Conduct pilot testing to identify items that may not be capturing the intended
construct.
- Use established measures or theories to demonstrate criterion and construct
validity.
Both reliability and validity are critical for the integrity of your research findings. High
reliability suggests that your measurements are consistent and reproducible, while
high validity ensures that your measurements accurately reflect the phenomenon
you're studying. Addressing issues related to reliability and validity through careful
design, pilot testing, and appropriate statistical analyses enhances the credibility and
significance of your research.
4. **Introduction:**
- Introduce the research topic, state the research problem or question, and provide
background information.
- Highlight the significance of your study and explain the research objectives.
5. **Literature Review:**
- Review relevant literature and studies related to your research topic.
- Summarize key theories, concepts, and findings in the field.
- Identify gaps and establish the context for your research.
6. **Methodology:**
- Describe the research design, data collection methods, and instruments used.
- Explain the sample selection process and any ethical considerations.
- Detail the data analysis techniques applied.
7. **Results:**
- Present your findings in a clear and organized manner.
- Use tables, graphs, charts, and descriptive text to convey the results of your data
analysis.
- Avoid interpreting the results at this stage; stick to presenting the data.
8. **Discussion:**
- Interpret the results and relate them to the research objectives and literature.
- Analyze the implications of your findings and discuss their significance.
- Address any inconsistencies or unexpected outcomes and offer possible
explanations.
9. **Conclusion:**
- Summarize the main findings of your research.
- Reiterate the significance of your study and its contributions to the field.
- Suggest directions for future research based on your findings.
10. **References:**
- List all the sources you cited in your report using a consistent citation style (e.g.,
APA, MLA, Chicago).
- Follow the specific formatting guidelines for references.
Remember that effective report writing requires clarity, precision, and attention to
detail. Your report should communicate your research process and findings in a way
that is understandable to your target audience, whether it's fellow researchers,
professionals, or the general public.
**Report Layout:**
1. **Cover Page:**
- Include the title of your report, your name, the date, and any relevant institutional
information.
2. **Abstract:**
- Provide a concise summary of your research, including the research objectives,
methods, key findings, and conclusions.
3. **Table of Contents:**
- List all the sections and subsections of your report with corresponding page
numbers.
5. **Introduction:**
- Introduce the research topic, research problem, and objectives of the study.
- Provide context and background information.
6. **Literature Review:**
- Summarize relevant theories, concepts, and previous research in the field.
- Identify gaps in the existing literature that your research addresses.
7. **Methodology:**
- Describe the research design, data collection methods, and instruments used.
- Explain the sample selection process and any ethical considerations.
- Detail the data analysis techniques applied.
8. **Results:**
- Present your findings using clear and appropriate tables, graphs, charts, and
descriptive text.
- Organize the results logically, and refer to visual elements in the text.
9. **Discussion:**
- Interpret the results and relate them to the research objectives and literature.
- Analyze the implications of your findings and discuss their significance.
10. **Conclusion:**
- Summarize the main findings of your research and reiterate their significance.
- Suggest directions for future research based on your findings.
11. **References:**
- List all the sources you cited in your report using the specified citation style.
- Ensure that your references are accurate and complete.
1. **Consistency in Formatting:**
- Maintain consistent formatting throughout the report, including font type, size,
margins, and spacing.
4. **Page Numbers:**
- Number all pages of the report, including the title page and appendices.
7. **Ethical Considerations:**
- If your research involves human subjects, ensure that you have obtained
necessary ethical approvals and have included appropriate statements in your report.
8. **Plagiarism Check:**
- Run your report through plagiarism detection tools to identify and correct any
unintentional instances of plagiarism.
A well-structured and carefully formatted report layout enhances the readability and
professionalism of your research work. Adhering to these precautions will help you
create a polished and credible research report.
1. **Informed Consent:**
- Obtain informed and voluntary consent from participants before their involvement
in the research.
- Clearly explain the purpose of the study, procedures, potential risks, benefits, and
their right to withdraw at any time.
3. **Minimization of Harm:**
- Minimize potential physical, psychological, emotional, or social harm to
participants.
- Balance the benefits of the research against the potential risks.
4. **Risk-Benefit Assessment:**
- Conduct a thorough assessment of potential risks and benefits associated with the
research.
- Ensure that potential benefits outweigh the potential harms.
6. **Fair Treatment:**
- Ensure equitable access to participation in research regardless of characteristics
such as age, gender, ethnicity, or socio-economic status.
7. **Scientific Integrity:**
- Conduct research with honesty and accuracy, avoiding fabrication, falsification, or
manipulation of data.
- Transparently report findings, methods, and limitations.
8. **Avoidance of Plagiarism:**
- Properly attribute and cite the work of others to avoid plagiarism.
- Give credit to sources that contribute to your research.
Ethical considerations are not only crucial for protecting participants but also for
maintaining the trust of the public and the credibility of the research community.
Researchers have a responsibility to uphold ethical standards throughout the
research process, from design to dissemination of findings.