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Bus Research Methods
Chapter 1 - 8 definitions and summary questions
Term | Definition |
---|---|
Evaluation research | The formal, objective measurement and appraisal of the extent a given activity, project, or program has achieved its objectives or whether continuing programs are presently performing as projected. |
Scientific method | the way researchers go about using knowledge and evidence to reach objective conclusions about the real world. |
Marketing-oriented | Describes a firm in which all decisions are made with a conscious awareness of their effect on the customer. |
Business intelligence | the subset of data and information that actually has some explanatory power enabling effective decisions to be made. |
Knowledge management | the process of creating an inclusive, comprehensive, easily accessible organizational memory, which is often called the organization’s intellectual capital. |
Customer relationship management | the part of the DSS that addresses exchanges between the firm and its customers. |
Internet | a worldwide network of computers that allows users access to information from distant sources. |
Proprietary business research | the gathering of new data to investigate specific problems. |
Pull technology | consumers request information from a web page and the browser then determines a response; the consumer is essentially asking for the data. |
Push technology | sends data to a user’s computer without a request being made; software is used to guess what information might be interesting to consumers based on the pattern of previous responses. |
Deductive reasoning | the logical process of deriving a conclusion about a specific instance based on a known general premise or something known to be true. |
Inductive reasoning | the logical process of establishing a general proposition on the basis of observation of particular facts. |
Scientific method (Part 1) | a set of prescribed procedures for establishing and connecting theoretical statements about events, for analyzing empirical evidence, and for predicting events yet unknown; |
Propositions | statements explaining logical linkage among certain concepts by asserting a universal connection between concepts. |
Hypothesis | formal statement of an unproven proposition that is empirically testable. |
Scientific method (Part 2) | techniques or procedures used to analyze empirical evidence in an attempt to confirm or disprove prior conceptions. |
Exploratory research | conducted to clarify ambiguous situations or discover ideas that may be potential business opportunities. |
Descriptive research | describes characteristics of objects, people, groups, organizations, or environments; tries to “paint a picture” of a given situation. |
Diagnostic analysis | seeks to diagnose reasons for business outcomes and focuses specifically on the beliefs and feelings consumers have about and toward competing products. |
Casual research | allows causal inferences to be made; seeks to identify cause and effect relationships. |
Pilot study | a small scale research project that collects data from respondents similar to those to be used in the full study. |
Focus group | a small group discussion about some research topic led by a moderator who guides discussion among the participants. |
Cross-functional teams | employee teams composed of individuals from various functional areas such as engineering, production, finance, and marketing who share a common purpose. |
Idealism | a term that reflects the degree to which one bases one’s morality on moral standards. |
Placebo | a false experimental effect used to create the perception that some effect has been administered. |
Pseudo-research | conducted not to gather information for marketing decisions but to bolster a point of view and satisfy other needs. |
Relativism | a term that reflects the degree to which one rejects moral standards in favor of acceptability of some action. This way of thinking rejects absolute principles in favor of situation-based evaluations. |
Dummy tables | tables placed in research proposals that are exact representations of the actual tables that will show results in the final report with the exception that the results are hypothetical (fictitious). |
Probing | an interview technique that tries to draw deeper and more elaborate explanations from the discussion. |
Situation analysis | the gathering of background information to familiarize researchers and managers with the decision-making environment. |
Case studies | the documented history of a particular person, group, organization, or event. |
Ethnography | represents ways of studying cultures through methods that involve becoming highly active within that culture. |
Focus group interview | an unstructured, free-flowing interview with a small group of around six to ten people. Focus groups are led by a trained moderator who follows a flexible format encouraging dialogue among respondents |
Grounded theory (Part 1) | represents an inductive investigation where the researcher poses questions about information provided by respondents or taken from historical records; |
Hermeneutics | an approach to understanding phenomenology that relies on analysis of texts through which a person tells a story about him or herself. |
Grounded theory (Part 2) | the researcher asks the questions to him/herself and repeatedly questions the responses to derive deeper explanations. |
6. Participant-observation | ethnographic research approach where the researcher becomes immersed within the culture he or she is studying and draws data from his or her observations. |
7. Phenomenology | a philosophical approach to studying human experiences based on the idea that human experience itself is inherently subjective and determined by the context in which people live. |
8. Qualitative business research | research that addresses business objectives through techniques that allow the researcher to provide elaborate interpretations of phenomena without depending on numerical measurement; its focus is on discovering true inner meanings and new insights. |
1. Data mining | the use of powerful computers to dig through volumes of data to discover patterns about an organization’s customers and products; applies to many different forms of analysis. |
2. Model building | the use of secondary data to help specify relationships between two or more variables; can involve development of descriptive or predictive equations. |
3. Neural networks | a form of artificial intelligence in which a computer is programmed to mimic the way the human brains process information. |
4. Secondary data | data that have been previously collected for some purpose other than the one at hand. |