Assignment No. 1
Assignment No. 1
Assignment No. 1
Assignment No. 1
Research Methods
Qualitative Methods
Quantitative methods deal with numbers and measurable forms. It uses a systematic
way of investigating events or data. It is used to answer questions in terms of
justifying relationships with measurable variables to either explain, predict, or control
a phenomenon.
For example, revenue of a car company has decreased by 12% in the last year. The
following could be the probable causes: there is no optimum production, poor quality
of a product, no advertising, or economic conditions.
Qualitative research is heavily dependent on the experience of the researchers and the
questions used to probe the sample. The sample size is usually restricted to 6-10
people. Open-ended questions are asked in a manner that encourages answers that
lead to another question or group of questions. The purpose of asking open-ended
questions is to gather as much information as possible from the sample.
1. One-to-one interview
2. Focus groups
3. Ethnographic research
4. Content/Text Analysis
5. Case study research
Learn more: Qualitative Research Methods
Quantitative research involves a larger population — more people means more data.
With more data to analyze, you can obtain more accurate results. This method
uses close-ended questions because the researchers are typically looking to gather
statistical data.
Online surveys, questionnaires, and polls are preferable data collection tools used in
quantitative research. There are various methods of deploying surveys or
questionnaires.
Online surveys allow survey creators to reach large amounts of people or smaller
focus groups for different types of research that meet different goals. Survey
respondents can receive surveys on mobile phones, in emails, or can simply use the
internet to access surveys.
What are the points are to be norted while studying the a research?
To choose the appropriate types of research, you need to clearly identify the
objectives. Some objectives to take into consideration for your business include:
Consider the client’s objectives and define those that identify with yours. Make sure
that you set smart goals and objectives. Do not presume the results of your surveys.
Good planning allows the use of creative and logical approaches to select the methods
that gather the most accurate information. Your plan will be influenced by the type
and complexity of the information you need, the skills of your market research team,
and how soon you need the information. Your budget also plays a large role in your
ability to collect data.
Make a list of how you are going to carry out the research process, the data you need
to collect, and collection methods. This will help you keep track of your processes and
make sense of your findings. It will also allow you to verify that your research
accurately reflects the opinions of your clients and your market. Create a record table
with:
Analysis of the data can vary from simple and direct steps to technical and complex
processes. Adopt an approach, and choose the method of data analysis based on the
methods you have carried out.
Choose a spreadsheet that allows you to easily enter your data. If you do not have a
large amount of data, you should be able to manage them with the use of basic tools
available in survey software. If you have collected more complete and complex data,
you may have to consider using specific programs or tools that will help you manage
your data.
Once you have gathered all the data, you can scan your information and interpret it to
draw conclusions and make informed decisions. You should review the data and then:
• Identifythe main trends and issues, opportunities, and problems you observe.
Write a sentence describing each one.
• Keep track of the frequency with which each of the main findings appears.
• Make a list of your findings from the most common to the least common.
• Evaluate a list of the strengths, weaknesses, opportunities, and threats that have
been identified in a SWOT analysis.
• Prepare conclusions and recommendations about your research.
Review your goals before making any conclusions about your research. Keep in mind
how the process you have completed and the data you have gathered help answer your
questions. Ask yourself if what your research revealed facilitates the identification of
your conclusions and recommendations. Review your conclusions and, based on what
you know now:
Choose some strategies that will help you improve your business