Business Research Techniques
Introduction
Business
research techniques are severally used by the top management whenever they want
to implement a new product or make a decision which needs statistical data. It
is also needed for competitive business environment and application of
strategic decision in an organization. The use of a reliable research is now
crying needs in various levels and fields like business, academic and
medicines. It is useful to the organization to make a better, reliable and qualified
decision. Research includes various activities which start with the problem
identification, then information collection regarding this problem and make an
effective decision using the collected information through a experienced person
or group of a person. There also have discussions on research methodology,
research proposal, research problems, data analysis, data sources, referencing,
role of ethics, preparation of research for a seminar and some constructive
feedback. The following tasks are designed by the use of these elements to
analyses the online shopping in the UK.
Task 2
2.1 Justify the use of research
sources
Research is based on the collection of data and
systematical arrangement of them to get the user beneficial by knowing the
information. There are two major sources of research. They are primary and the
secondary and both of them are used here.
Primary sources of research data can be the firsthand
data of actual events used in a research work. They includes firsthand data,
raw data and data collected from verified and non-verified sources. The primary
sources of research may also include letters, original documents, surveys
results, official records, and unanalyzed statistical data. The data primary
data are also known as raw data because they are used to make a final
information. Generally primary data are collected through the field worker of
the company. Sometime the collected primary data may be incorrect so they needs
to verify before they are used.
On the other hand secondary data are discussion,
evaluation and analyses of primary and secondary data. Secondary data are also
known as second hand data. They can be collected from online, journal,
literature review and various types of magazine. They can be used in
experimental sources for the purpose of justification. Someone can use both of
them basis on his/her career. If he use primary data he should first set his
desired destination and expected outcomes from it. If he use both of them he
should remind the combination of them. If a worker is unclear about which one
should best for him then he should ask his instructor to get help.
2.2 Evaluate the importance of
using primary information sources
It needs carefully evaluate each research to produce an
effective decision. Whether the source is online articles, journals, newspaper
article and a tweet it needs always assess the source to determine it currency,
relevancy, accuracy, and purpose. Primary source is one of the important source
of research data. Primary information sources use data provided by the access
into the past of an identified individual. It provide the data which is
collected from the people during the time of their study.
Engaging
Students
Primary data use the experience of a first person to
make the research work. The experience of a first person make a research vivid
and attractive. Primary sources also helps the student to engage in their
personal events to provide deep understanding of the problem.
Developing critical thinking skills
For
higher level management it is necessary to be critical thinker and developer of
various conceptual analyzes. Primary sources helps the student to be practical
and by this they can be critical and analytical. Primary sources are sometimes
incomplete and they needs to be complete to make the research more effective.
Constructing knowledge
Researcher
generally make a research based on their bookish knowledge. But sometime they
needs to work out of their bookish knowledge because all the problems they face
does not exist in the book. So they need to be practical and critical to solve
these types of problems. They solve this kind of problem by combining their
bookish and practical knowledge. Bookish knowledge plus practical knowledge
give them a better outcomes.
2.3 Describe a recognised system
for referencing
Referencing
is, showing from where you collected the information. Researcher are usually
use referencing to make the research more valid. Referencing makes a research
more valid because a researchers thought and own created information cannot
accepted by the authority and the people. So it needs to show from where they
collected the information. So, no
research can achieve reliability unless there are appropriate citations for the
reference. Referencing gives the credit to actual author of the information.
Even the researcher use a information of other author in his own words he
should also put referencing.
There
are a number of recognized systems for referencing is available. They are;
ü APA
ü Norma’s
APA
ü Norma’s
ABNT
ü Harvard
Referencing
ü MLA
ü Chicago
etc.
APA
referencing is used the authors name or date of publication. It’s generally
uses the last name of the author and the date of the publication.
Harvard
Referencing system is the most used referencing system in the present world.
Harvard referencing is the use of actual authors name and date of publication.
With
the Harvard system its needs to include authors last name and the date of
publication in the bracket when someone set referencing to a work. The way of
use of the Harvard system is as follows:
ü It
is primarily discloses the name of the author and the date.
ü In
paragraph referencing it is known as ‘in
text citation’
ü Citation must be followed in the case of
paragraphing.
ü APA system and the Harvard system quite alike
because APA is used in U.S.A on the other hand Harvard is used in UK and
Australia.
Task 3
3.1 Present a research proposal to
a defined audience utilising appropriate survey techniques
Research
proposal on: a study to investigate the factors which determines the preferred
stores and buying patterns of individuals and families in online shopping, in
UK.
Title of the study
A
study to investigate the factors which determines the preferred stores and
buying patterns of individuals and families in online shopping, in UK
Background
Like
other modern countries people of UK also like online shopping, people of UK do
their shopping from different online shopping individually and with families to
meet their fashion needs. Customer select their preferred store depending on
various issues such as their past experience about the store.
Research objectives
ü To
find the factors of which affect UK online shopping.
ü To
determine the UK customers online shopping experience.
ü To
determine the factors that select preferred stores for consumers.
ü To
determine the factors that shapes buying pattern of the consumers.
ü To
determine the relationship of buying pattern with past shopping experience.
ü To
arrange recommendations.
Research philosophy
Constructivist
research philosophy has been selected.
Research approaches
In
this research Quantitative research approach has been used.
Research investigation
The
descriptive research investigation technique has been used.
Research strategy
To
conduct the study survey methodology has been used here.
Data collection
Primary
data have been collected from the online articles, and secondary data have been
collected from various literatures.
Sampling
Stratified
sampling technique has been used, with a sample size of 100.
Data analysis
Collected
data will be analyzed by using SPSS statistical tool
3.2 Discuss the role of ethics in
research.
Ethics
are the standard of behavior and determine an action is right or wrong. Ethics
are also known as code of conduct by which a man can understand which one
behavior should accept and which one should not. In research, ethics is refers
to the method and procedure to determine the way to act and way to analyses
complex problems and issues.
There
are several reasons why it needs to maintain ethical issues in research. From
them first one is promote the aim of research. Its indicate knowledge, truth
and avoidance of error. For example taking a step to prohibit falsifying and
misrepresenting.
Second,
research is the cooperation and coordination of different types of people of
different levels and different institution so ethical issues are essential for
the values that are essential for collaborate work. These includes trust,
mutual respect, accountability and fairness. There are many ethical issues in
research such as guidelines for authorship, copyright and patenting policies.
Third,
many of the ethical issues represent that author should accountable to the
public. For example federal policies of research, conflicts of interest etc.
Fourth,
ethical issues in research helps research to get the public support. If the
people have trust about the research then they more likely to fund a research
fund.
Finally,
research can promote a variety of other important moral and social values as
like public health and safety, social responsibility, animal right and human
welfare. A decline in ethical norms can harm animal, people and social
subjects.
Task 4
4.1 Prepare an extract from the
research proposal appropriate to a seminar environment.
A
seminar is the combination of learner and teacher to discuss what should do for
a specific subject. A seminar paper is the record which consist topic of the
discussion and what will said in the seminar. Seminar environment is formality
maintained in a seminar.
Title
Online
Shopping in the United Kingdom
Author’s Name
Name:
ID:
Department:
Date:
Abstract:
Identification
of the factors which determined the preferred stores and buying patterns of
individual and families in online shopping in UK.
Text
In
UK, a large number of individuals and families do online shopping from various
stores to meet their fashion needs. Consumer prefer these shop by the use of
their past experience. They generally go to those kinds of shop from where they
got better service and the quality of the product of which is better than
others.
The
interview method has been used for conducting this study, with a questionnaire
directed to 100 samples. These samples are including consumers and online
marketers.
The
following result have been found after the depth analysis of the problem:
ü There
are a lot of online shop available and most them are providing quality product.
ü There
have differentiation in product in different online shops.
ü Fashion
product are now hot cake product for the online market in UK.
ü The
after buying customer service shapes the preferred stores.
ü Previous
buying experience matters a lot in shaping online shopping.
ü Different
shop follows different pricing strategy which made the shops competitive
Finally,
it can be said that online shopping is being popular in UK because the sellers
use a different ion on the price of the product and their feature and their
post purchase service is satisfied the customer.
4.2 Provide constructive feedback
on proposals presented within the seminar environment
A
research proposal is a concise and summery based paper of a proposed research.
It should follow the standard guidelines and procedures in order to meet up
with the expected quality level. The idea for research should be more relevant
because of the applicability of its to the wider audience. However, it should
provide to set up a feedback of the work and all of the research work should be
under control of the experience person who is a peer or from the seminar
proposal committee. It is advised to the use of cloud computing service like
Drop box, Google Drive and so on can be used during the presentation, which
will make an effect to build a constructive feedback. The proposal presented should
be clarify in a more detail manner by giving pressure on the research
background rather than research significance. It is necessary to use the
bibliography in a prescribe format, for example Harvard referencing style or
others like APA, Norma’s APA and so on. Citations and quotations in text must
need to be developed. If the presentation room is larger or not dark the
presenter advised to use brighter color so that all of his audience can see the
slide. He can attract his audience by providing appropriate use of gesture and posture
and delivering speech in a confident way.
Conclusion
To
make a research more effective and get the required information easily it
requires successful use of methodologies and techniques. To make a research
more successful it needs to use several types of information sources as used
here internal and external sources. This study contains a number of important
facts about a practical case that is online shopping in UK. In online shopping
customers are mostly justify the post purchase service from the seller, so it
is advised to the sellers to make sure about their service provider and their conduct
with the buyers and provide the customer a better post purchase service.
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