abhishreshthaa
Abhijeet S
RESEARCH OBJECTIVES
The research objective is a statement, in as precise terminology as possible, of what information is needed. The research objective should be framed so that obtaining the information will ensure that the research purpose is satisfied.
Research objectives have three components:
1. Research question: It specifies the information the decision maker needs. The research question asks what specific information is required to achieve the research. If the research question is answered by the research, then the information should aid the decision maker.
2. Development of hypotheses: A hypotheses is a possible answer to a research question. The research determines which of these alternative answers is correct. There are three steps to develop the hypotheses
a. The researcher can draw on previous research to generate hypotheses for future large-scale research efforts. The research purpose might be deciding whether to conduct the large-scale studies.
b. Second source is theory from such disciplines as psychology, sociology, marketing or economics. Thus, the economic theory might suggest the importance of price in explaining a loss of retail sales.
c. The most important source of developing hypotheses is the manager’s experience with related problems, coupled with knowledge of the problem situation and the use of judgment.
3. Research boundaries: Hypotheses development helps make the research question more precise. Another approach is to indicate the scope of the research or the research boundaries. For example, is the interest in current customers only or in all potential customers?
4. Hypotheses development model
pproach to the problem includes formulating an objective or theoretical framework, analytical models, research questions, hypotheses, and identifying characteristics or factors that can influence the research design. This process is guided by discussions with management and industry experts, case studies and simulations, analysis of secondary data, qualitative research, and pragmatic considerations.
The research objective is a statement, in as precise terminology as possible, of what information is needed. The research objective should be framed so that obtaining the information will ensure that the research purpose is satisfied.
Research objectives have three components:
1. Research question: It specifies the information the decision maker needs. The research question asks what specific information is required to achieve the research. If the research question is answered by the research, then the information should aid the decision maker.
2. Development of hypotheses: A hypotheses is a possible answer to a research question. The research determines which of these alternative answers is correct. There are three steps to develop the hypotheses
a. The researcher can draw on previous research to generate hypotheses for future large-scale research efforts. The research purpose might be deciding whether to conduct the large-scale studies.
b. Second source is theory from such disciplines as psychology, sociology, marketing or economics. Thus, the economic theory might suggest the importance of price in explaining a loss of retail sales.
c. The most important source of developing hypotheses is the manager’s experience with related problems, coupled with knowledge of the problem situation and the use of judgment.
3. Research boundaries: Hypotheses development helps make the research question more precise. Another approach is to indicate the scope of the research or the research boundaries. For example, is the interest in current customers only or in all potential customers?
4. Hypotheses development model
pproach to the problem includes formulating an objective or theoretical framework, analytical models, research questions, hypotheses, and identifying characteristics or factors that can influence the research design. This process is guided by discussions with management and industry experts, case studies and simulations, analysis of secondary data, qualitative research, and pragmatic considerations.