Thursday, December 5, 2019

Research Methodology Strategy and Management

Question: Describe about the Research Methodology for Strategy and Management. Answer: Critique the problem definition the research addressed? 1: The beginning step in the research process occurs when the research management suffers any problem or if the management can sense any opportunity, which involves the requirement of any further information or data, based on which the decisions can be made and the actions can be implemented. Bergh Ketchen (2014) opined that it very essential to work closely with the team in order to determine that the findings of the research will produce effective information, which is worth with the cost, and this will require identification of the research environment variables, which are ultimately going to affect the research. This first step is to ensure that the decision have been correctly defined by the research management. In the next step the correctly defined management decision will be translated to particular research term in order to give the research a clear objective. The achievement in the research purpose will give management the effective and sufficient information, which it nee ds in the decision making process (Bernard 2013). The third step should incorporate the identification of the research objectives after defining the specific set of research questions. This will give detailed information in order to provide solution and answer to the research question. The final step should be proceeding ahead in order to collect data by making an assessment of the value of data obtained and this is to be done after the finalizing of the research objective. In the case where the information value is less than the cost of collecting the data or information then the research must not begin. Bryman Bell (2012) stated that the identification of the research problem can be challenging not only because of lack of problems that can be investigated but also due to the persuasion of the objective in order to formulate the relevant researchable issue which is unique and is not duplicate work of others. 2. Evaluate what secondary data are provided in the report, if any and what Secondary data may be useful for this research? Secondary data collected in the research is from relevant books, journals and websites. The difference between primary and secondary data collection is encountered so far. Crowther Lancaster (2011) opined that it is essential to assess the quality of the data before using and it depends on various factors, which are its accuracy and completeness. Secondary data collection and have a very significant role in all types of researches. Suppose conduction of a survey among a particular population. The characteristics of the population survey are compared to the overall characteristics of total number of population. This process will provide a check of the survey of representative. Secondary data might be interpreted and used in order to help the actual design of the research (Delavarkhalafi Poursherafatan 2015). The inexperienced researchers can obtain important insights into the techniques of the research. Secondary data are valuable at several stages of the progress of the research. S econdary data can be used as outline for major classification of the sources for the research. Burns (2014) mentioned that although, there are several advantages for using secondary data analysis, there are also some limitations involved for secondary data analysis for the research. The most general barrier for effective use of the research is the overload of information, which acts as a challenge in secondary data collection. In addition, sometimes there are no appropriate data present for secondary data sources, which can create problem for conduction of the research. In this research the quality of the secondary data collected will depend on the size of the sample because the larger the sample is the answer will be much better and precise and all this depends on the purpose for which the data has been collected and should be similar to the research aims and purpose. This will help to rely on the data in the research. 3. What research design (exploratory, descriptive, causal, or some combination) was used and was this appropriate? What further information (if any) would you It is important to complete this module successfully the researcher has to go through these steps; differentiate between primary and secondary data, differentiate between quantities and qualitative data, understand what is meant by research design, know how to select the particular research design for a specific context and compare and discriminate the research design. Herrmann et al. (2014) opined that the research design and technique are two different parts of the research where the research design deals with the selection of data samples based on the problem whereas the technique deals with the way to get answers of the problem defined in the research. The research design will often specify the techniques, which will be used for focused groups or as an experiment. The research design also shows that who will be involved as responded in a survey. It will also inform the researcher that how the data or information will be gathered. Finally it will show that how it will be evaluated. For each research design, a brief explanation will come out for the researcher to evaluate the whole project. Some common techniques and finally a brief summary of some of the strength and weakness of the design will be given. For an example, the same techniques such as a questionnaire, can be used in all three types of research design, is what differentiate them in this case it is purpose of the research. (Kastner Fruhwirth-Schnatter, 2014) stated that the difference between the research technique and research design is that research design is always decided first and then a suitable technique is chosen. Finally, it should be stressed that often a research project in a qualitative way. The researcher must always remember that the way he / she are doing it cannot be reviewed repeatedly. That is why he / she need to do it very carefully from the initial stage of the research. Are the methods used to collect data (eg focus groups, questionnaires) sufficiently justified and described? What further information (if any) would you need? The method used to collect data is questionnaire over here. The particular questioner has focused on four points only and the data collected is based on these points alone. The points given are: relevant academic discipline for the research,identification of three high quality academic journals to search for relevant theories for job Satisfaction, identification from the literatures used at least one theory for job satisfaction, explanation regarding the help provided by the theory for the research. The points discussed above are not relevant in the case of job satisfaction. The questionnaire is not well framed as well as it is not explained in a clear form. The questioner has focused on the provision of three journals but has used only one theory out of it. More journals could have been included or more amounts of theories could have been used for increasing the literature content of the study, which would have provided ample information to explain the job satisfaction theory more clearly (Newbold 2011). Further, these questionnaires may have contained the point where to evaluate the positive and negative theories on job satisfaction. Koo (2016) that contradiction is always a good way to increase the job quality. So the contradicting theories would have been helpful for enhancing a better opinion on the particular point or topic of job satisfaction. Only journals are taken but the use of books have been nullified from this particular questionnaire. The aim of data collection me thods is to get suitable and useful information (Kudlats et al. 2014). This includes describing the research data and summarizing it by identifying the relationship between different research variables. This also includes comparison of variables and the identification of the difference between these variables by ultimately achieving the desired outcomes. The questionnaires have advantages over the surveys because they involve less cost and require less effort having answer standards that are easy and simple in order to compile data. References list Books Bergh, D. Ketchen, J 2014, Research methodology in Strategy and Management, Bingley: Emerald Group Publishing Ltd. Bernard, H 2013, Research Methods in Anthropology: Qualitative and Quantitative Approaches, Plymouth: Alta Mira Press. Bryman, A. Bell, E 2012, Business Research Methodology, New York: Oxford University Press. Burns, R 2014, Business Research Methods and Statistics Using SPSS, London: Sage Publications. Crowther, D. Lancaster, G 2011, Research Methods, London: Routledge. Journals Breznau, N. 2015, Secondary observer effects: idiosyncratic errors in small-N secondary data analysis, .International Journal of Social Research Methodology, vol. 19, no. 3, pp.301-318. Delavarkhalafi, A. Poursherafatan, A. 2015, Credit Rating via Dynamic Slack-Based Measure And Its Optimal Investment Strategy, Data Envelopment Analysis and Decision Science, vol. 2015, no. 1, pp. 1-12. Herrmann, N., Silvers, A., Godfrey, K., Roberts, B. Cerys, D. 2014, A prototype statistical advisory system for biomedical researchers II: Development of a statistical strategy, Computational Statistics Data Analysis, vo1.8, no. 3, pp. 357-369. Kastner, G. Frhwirth-Schnatter, S. 2014, Ancillarity-sufficiency interweaving strategy (ASIS) for boosting MCMC estimation of stochastic volatility models, Computational Statistics Data Analysis, vol.76, no. 2, pp. 408-423. Koo, M. 2016, Reporting of secondary data analysis using routinely collected health data European Journal of Internal Medicine, vol. 13, no. 2, pp. 304-308. Kudlats, J., Money, A. Hair, J. 2014, Correspondence analysis: A promising technique to interpret qualitative data in family business research Journal of Family Business Strategy, vol. 5, no.1, pp. 30-40. Newbold.B. 2011, Secondary migration of immigrants to Canada: an analysis of LSIC wave 1 data, Canadian Geographer / Le Gographecanadien, vol.51, no.1, pp. 58-71.

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