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HIKM 3104: Research Methodology


INTRODUCTION TO RESEARCH


1.0 Research Defined


Different authors have defined research as follows:


 Research is carrying out a diligent inquiry or a critical examination of a given phenomenon.

 Research involves a critical analysis of existing conclusions or theories with regard to newly

discovered facts i.e. it’s a continued search for new knowledge and understanding of the

world around us.

 Research is a process of arriving at effective solutions to problems through systematic

collection, analysis and interpretation of data.

 Research is the application of scientific methods to the study of a phenomenon. It is objective

and systematic and aims to acquire dependable, useful and factual information. It aims to test

a hypothesis and discover answers to meaningful questions through application of scientific

procedures.

What is Business Research?


 It is a systematic inquiry whose objective is to provide information to solve managerial

problems (Cooper and Schindler, 2003).


Research and Scientific Method


The scientific method encourages a rigorous, impersonal mode of procedure dictated by the

demands of logic and objective procedure. It is based on the following basic postulates:


 It relies on empirical evidence

 It utilizes relevant concepts

, HIKM 3104: Research Methodology


 It is committed to only objective considerations

 It presupposes ethical neutrality i.e. it aims at nothing but making only adequate and correct

statements about population objects

 It results into probabilistic predictions

 Its methodology is made known to all concerned for critical scrutiny and for use in testing

the conclusions through replication.

 It aims at formulating scientific theories.

2.0 Purpose of Research


 To discover new knowledge

 To describe a phenomenon

 To enable prediction.

 To enable control i.e. the ability to regulate the phenomenon under study.

 To enable explanation of a phenomenon i.e. accurate observation and measurement of a

given phenomenon.

 To enable theory development and validation of existing theories. Theory development

involves formulating concepts, laws and generalizations about a given phenomenon.

 Research provides one with the knowledge and skills needed for the fast-paced decision-

making environment

Why Managers need Better Information

 Global and domestic competition is more vigorous

 Workers, shareholders, customers, government and the general public are demanding to be

included in company decision-making.

 Organizations are increasingly practicing data mining and data warehousing.

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