Exploratory Research
Research Designs • Various methods to conduct research are called research designs. • Three Research designs:
– Exploratory research designs – Descriptive research designs – Causal research designs
• Each Research design has following components:
– Data collection method – Sampling method – Data analysis method
Prepared by Prof C Y Nimkar 1
Exploratory Research
Prepared by Prof C Y Nimkar
2
Purpose
• Exploratory research is conducted to
– Know possible causes and possible solutions to solve management problem – Crystallize a situation that is not well understood. – Provides guideline for deciding further steps in conducting research
• Often research starts with exploratory research
Prepared by Prof C Y Nimkar 3
Exploratory research designs
Prepared by Prof C Y Nimkar
4
Exploratory research designs
- Data collection methods -
Prepared by Prof C Y Nimkar
5
Data collection methods
Secondary data Focus Group Depth interview Observations Projective techniques
Prepared by Prof C Y Nimkar
6
Secondary Data
• Data already collected • Advantages:
– Quickly available – Economical
• Disadvantages:
– Can be outdated – Reliability
Prepared by Prof C Y Nimkar
7
Centre for monitoring Indian economy
Prepared by Prof C Y Nimkar
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Indiastat.com
Prepared by Prof C Y Nimkar
9
Govt. sources- Central Statistical Organisation
Its activities include: • Statistical Abstract of India • Annual Survey of Industries Visit site http://mospi.nic.in
Prepared by Prof C Y Nimkar
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Govt. sources- National sample survey
• Nation-wide, large-scale, continuous sample survey operation conducted in the form of successive rounds since 1950. • Conducts survey in demographic and socio-economic area. Visit site http://mospi.nic.in
Prepared by Prof C Y Nimkar
11
Govt. sources- Economic survey
• Ministry of finance and company affairs conducts economic survey before the budget. •
– Exploratory research designs – Descriptive research designs – Causal research designs
• Each Research design has following components:
– Data collection method – Sampling method – Data analysis method
Prepared by Prof C Y Nimkar 1
Exploratory Research
Prepared by Prof C Y Nimkar
2
Purpose
• Exploratory research is conducted to
– Know possible causes and possible solutions to solve management problem – Crystallize a situation that is not well understood. – Provides guideline for deciding further steps in conducting research
• Often research starts with exploratory research
Prepared by Prof C Y Nimkar 3
Exploratory research designs
Prepared by Prof C Y Nimkar
4
Exploratory research designs
- Data collection methods -
Prepared by Prof C Y Nimkar
5
Data collection methods
Secondary data Focus Group Depth interview Observations Projective techniques
Prepared by Prof C Y Nimkar
6
Secondary Data
• Data already collected • Advantages:
– Quickly available – Economical
• Disadvantages:
– Can be outdated – Reliability
Prepared by Prof C Y Nimkar
7
Centre for monitoring Indian economy
Prepared by Prof C Y Nimkar
8
Indiastat.com
Prepared by Prof C Y Nimkar
9
Govt. sources- Central Statistical Organisation
Its activities include: • Statistical Abstract of India • Annual Survey of Industries Visit site http://mospi.nic.in
Prepared by Prof C Y Nimkar
10
Govt. sources- National sample survey
• Nation-wide, large-scale, continuous sample survey operation conducted in the form of successive rounds since 1950. • Conducts survey in demographic and socio-economic area. Visit site http://mospi.nic.in
Prepared by Prof C Y Nimkar
11
Govt. sources- Economic survey
• Ministry of finance and company affairs conducts economic survey before the budget. •