Research Report is the major component of the research study. Report writing is the important stage in the research activity. The hypothesis of the study, the objective of the study and the data collection and data analysis can be well presented in report. This report writing will help others to understand the findings of the research. Report writing is integral part of research and hence it cannot be isolated. Report writing is not a mechanical process but it is an art. It requires skill. Different Steps in Report Writing: It is the critical stage and hence it requires patience. These is no mechanical formulate to present a report, though there are certain steps to be followed while writing a research report. The usual steps in report writing can be indicated in the following manner: Logical analysis of subject matter. Preparation of final outline. Preparation of Rough Draft. Rewriting and Polishing. Continue reading
Research Methodology
Using Different Types of Surveys for Data Collection in Research
Surveying means contacting for getting certain information. Survey method is a method of collecting data for research purpose. There are personal surveys, mail surveys, telephone surveys and internet surveys. Survey may be sample survey or census survey. The features of each of surveys are given below: Personal Survey Personal survey involves meeting personally every number who has to be surveyed. The features of this method of data collection are as follows. The number of respondents that can be contacted is not very high, as the time taken to contact the respondent, and the time spent on the interview itself is very high in relative terms. When the time available for research in large the personal method is used. The cost involved is highest in the personal method since it requires field interviewers as well as their conveyance/ traveling costs. Also, if a person is not available he may have to Continue reading
Primary Stages of Research Process
Research is a source which can be draw upon to make a substantial contribution to the body of the knowledge; research should be followed by some sort of original contribution. The primary stages of any research process includes: Observation: Research start with observation, which leads to curiosity to learn more about what has been observed. Observation can either be unaided visual observation or guided and controlled observation. Sometimes a casual or associated observation leading to substantial research and a great invention. Deliberate and guided observation can also form the basis for research. While observation leads to research, research results in elaborate observation and convulsions; or even further research observation can either be subjective or objective. These are participant observation, on —participant observation, controlled observation and non-controlled observation. Interest: The observation of certain occurrences creates an interest and inquisitiveness in the mind of the researcher to study it further. This is Continue reading
The Role of Business Research
Research is a systematic search for information in order to obtain a clear picture concerning the underlying problem. Technically speaking, research is a process of identifying problem thoroughly, establishing an objective, collecting and analyzing the relevant data in order to determine the possible factors causing the problem. Thus, research activities are consistent search for information with the objective to get a clearer picture concerning the problem and to propose specific recommendation for the solution. Role of Research in Business Making the right decision is an ideal practice in any business whenever the organization encounters a problem. A good organization primarily conducts research to resolve the critical problems surrounding their business such as competition, customer satisfaction, product innovation, customer complaints, and new government policies affecting the industry. Decision making process requires systematic and organized efforts to investigate a specific problem in a business setting. The first step in understanding the problem Continue reading
Extrapolative Forecasting – Explained with Definition and Methods
In extrapolative forecasting we predict the future by extrapolating a historical trend. What has happened in the past determines what is forecast for the future [with other forecasting methods, such as exploratory forecasting, this need not be so. For example, with exploratory forecasting we can explore revolutionary, as well as evolutionary, scenarios]. In some circumstances it is right to use extrapolative forecasting. In other cases different approaches might be more suitable. It is not an appropriate approach to use in a new product/ new business situation, or in situations where circumstances have radically changed, and the past is no guide to the future. Any time series [a series of numbers recording past events] will have been produced by the interaction of a number of variables. For example, a time series of a company’s past profits will have been produced by a complex process, which involves an interaction between multiple revenue Continue reading
Preparing a Research Report
The research report is considered as a major component of the research work, because through this report the research problem, the research design, the analysis and findings are brought to the knowledge of the world. The research report converts the research work into a public asset from its earlier state of private asset. The research report shows the readers the progress in knowledge made in the specific area or discipline. The report by bringing to light the new frontiers of knowledge enhances the society’s intellectual well-being. The report by highlighting the design and methodology, runs as a fore-runner for future researchers in this or related area. The analyses and interpretations may give a boost to knowledge. The findings and suggestions take the readers into enlightenment from ignorance. Every research must endeavor to achieve this. Research report is a record of the whole of every bit of the research work. This Continue reading