rm part 2 - res. prob (47)-240912_025438

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    PART 2

    RESEARCH ISSUES AND RESEARCH QUESTIONS

    MAJOR RESEARCH ISSUES MINOR RESEARCH ISSUES

    THE RESEARCH QUESTION

    RESEARCH PROBLEM THE RESEARCH PROBLEM

    CRITERIA FOR EVALUATING PROBLEMS SIGNIFICANCE

    DESCRIPTION AND STATEMENT

    PROBLEM ANALYSIS PROCEDURES

    EVALUATION OF A PROBLEM- PERSONAL AND SOCIAL CONSIDERATIONS

    COMMON MISTAKES IN PROBLEM FORMULATION

    ORGANIZATION OF CHAPTER ONE

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    IDENTIFICATION OF

    RESEARCH ISSUE/QUESTIONS

    FOPRMULATION OF

    RESEARCH PROBLEMS

    REVIEW OF

    RELATED

    LITERATURE

    CLARIFICATION

    OF CONCEPTS

    IDENTIFICATION

    OF VARIABLES

    STATEMENT OFHYPOTHESIS

    1 23

    4

    SELECTION OF

    RESEARCH

    DESIGN

    EXPLORATORY

    DESCRIPTIVE

    CAUSAL

    SURVEYS

    CASE STUDIES

    LABORATORY

    EXPERIMENTS

    FIELD

    EXPERIMENTS

    SELECTION OF

    DATA COLLECTION

    TECHNIQUES

    PRIMARY

    DATA

    SECONDARY

    DATA

    OBSERVATION

    DIRECT

    COMMUNICATION

    PARTICIPANT

    NON-PARTICIPANT

    QUESTIONNAIRES

    INTERVIEWS

    PROJECTIVE

    5

    6

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    Research Issue

    Research Question

    Research Problem

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    HOW DO I FIND THE

    RESEARCH ISSUE?

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    THE RESEARCH ISSUE

    How do I find the Research Issue?

    1. Experience2. Listening and talking with

    professionals and experts in subject

    area

    3. Literature Review

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    LOOKING FOR RESEARCH

    ISSUES?

    YOU MIGHT FOCUS ON THETRENDS, UNRESOLVED

    PROBLEMS OR CONCERNS IN

    ANY OF THE FOLLOWINGAREAS.

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    TWO LEVELS OF RESEARCH

    ISSUES

    MACRO LEVEL

    Issues in the General Environment

    MICRO LEVEL

    Issues in the Industry Specific Environment

    Issues in the Organizations Specific

    Environment

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    MACRO LEVEL - GENERAL ENVIRONMENT

    1. SOCIOCULTURAL ISSUES -DIMENSION

    - Education level, quality

    - Lifestyle change, rate of socialchange, family values

    - Psychographic customer

    behaviour, preferences, attitude andperceptions

    - Demographic trends

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    2. POLITICAL ISSUES - DIMENSION

    - Law & Regulations

    Jurisdiction, Legislative, Administrative(Impact, Revision and Constituency)

    - Lobbying/Legislative Influence

    Jurisdiction, Legislative, Administrative

    (Impact, Revision and Constituency)

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    3. ECONOMIC ISSUES - DIMENSION

    - GNP, GDP Trends- Fiscal Policies Government spending,

    decisions

    - Monetary Policies Federal Reservesystem

    -Labour Unemployment, shifts, labourpool, demand and supply

    - Trade Exchange of Goods andServices, tariffs, agreements

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    4. TECHNOLOGICAL ISSUES - DIMENSION

    - Products Production, packaging, distribution,sanitation, safety

    - Machinery/Equipment- Cost effectiveness,innovations, automation, industry needs,energy conservation, maintenance, safety

    - Computer/Electronics

    - Energy Utilities, water usage

    - Facilities/Construction - Design and Layout,ergonomics

    - Communications

    - Transportation/Logistics/DistributionEffective allocation.

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    5. ECOLOGICAL ISSUES - DIMENSION

    Concerns with maintenance and

    Conservation of:

    - Land: - solid waste, chemical dumping,

    pollution- Sea/Water: - solid waste, chemical

    dumping, pollution

    - Environment/Air: - solid waste, chemical

    dumping, pollution

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    MICRO LEVEL

    1. INDUSTRY SPECIFIC ENVIRONMENTISSUES

    EG. SERVICE INDUSTRY BANKING,HOTEL

    MANUFACTURING INDUSTRY -

    FOOD PROCESSING INDUSTRY

    CONSTRUCTION INDUSTRYAGRICULTURAL AND FISHING

    MINING

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    2. ORGANIZATIONS SPECIFIC

    ENVIRONMENT ISSUES

    - FINANCE/ACCOUNTING

    - MARKETING

    - OPERATIONS

    - HUMAN RESOURCE MANAGEMENT

    - ADMINISTRATION/MANAGEMENT

    - RESEARCH AND DEVELOPMENT

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    ORGANIZATION LEVEL - INDICATORS

    COMMONLY USED FINANCIAL MEASURES -

    Total assets

    Total assets per employee

    Profit as a % of total assets

    Return on net assets

    Return on total assets

    Revenue/total assets

    Gross marginNet income

    Profit as a % of sales

    Profit per employee

    Revenue

    Revenue from new products

    Revenue per employee

    Return on equity (ROE)

    Return on capital employed (ROCE)

    Return on investment (ROI)

    Economic value added (EVA)

    Market value added (MVA)

    Value added per employee

    Compound growth rate

    Dividends

    Market value

    Share price

    Shareholder mix

    Shareholder loyaltyCash flow

    Total costs

    Credit rating

    Debt

    Debt to equity

    Times interest earned

    Days sales in receivables

    Accounts receivable turnover

    Days in payables

    Days in inventory

    Inventory turnover ratio

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    ORGANIZATION LEVEL - INDICATORS

    A SAMPLE OF CUSTOMER MEASURES

    Customer satisfaction

    Customer loyaltyMarket share

    Customer complaints

    Complaints resolved on first contact

    Return rates

    Response time per customer request

    Direct price

    Price relative to competition

    Total cost to customer

    Average duration of customer

    relationship

    Customers lostCustomer retention

    Customer acquisition rates

    Percentage of revenue from new

    customers

    Number of customers

    Annual sales per customer

    Win rate (sales closed/sales contacts)

    Customer visits to the companyHours spent with customers

    Marketing costs as a percentage of sales

    Number of ads placed

    Number of proposals made

    Brand recognition

    Response rate

    Number of trade shows attended

    Sales volume

    Share of target customer spending

    Sales per channel

    Average customer sizeCustomers per employees

    Customer service expense per customers

    Customer profitability

    Frequency (number of sales transactions)

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    ORGANIZATION LEVEL - INDICATORSSUPPLY-CHAIN PROCESS MEASUREMENTS

    TIME:

    On-time delivery receipts

    Order cycle time

    Order cycle time variability

    Response time

    Forecasting/Planning cycle time

    Planning cycle time variability

    QUALITY:Overall customer satisfaction

    Processing accuracy

    Perfect order fulfillment

    - On-time delivery

    - Complete order

    - Accurate product selection

    - Damage-free

    - Accurate invoice

    Forecast accuracy

    Planning accuracy

    Schedule adherence

    COST:

    Finished goods inventory turns

    Days sales outstanding

    Cost to serve

    Cash to cash cycle time

    Total delivered costs

    - Cost of goods

    - Transportation costs

    - Inventory carrying costs- Material handling costs

    - All other costs

    - Information systems

    - Administrative

    Cost of excess capacity

    Cost of capacity shortfall

    OTHER/SUPPORTING

    Approval exceptions to standard

    - Minimum order quantity

    - Change order timing

    Availability of information

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    ORGANIZATION LEVEL - INDICATORS

    INTERNAL PROCESS MEASURES

    Average cost per transaction

    On-time delivery

    Average lead time

    Inventory turnover

    Environmental emissions

    R&D expense

    Community involvement

    Patents pending

    Average age of patents

    Ratio of new products to total

    offerings

    Stockouts

    Labour utilization rates

    Response time to customer

    requests

    Defect percentage

    Rework

    Customer database availability

    Breakeven time

    Cycle time improvement

    Continuous improvement

    Warranty claims

    Lead user identification

    Products/services in the pipeline

    Internal rate of return on new

    projects

    Waste reduction

    Space utilization

    Frequency of returned purchases

    Downtime

    Planning accuracy

    Time to market of new

    products/services

    New products introduced

    Number of positive media stories

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    ORGANIZATION LEVEL - INDICATORS

    EMPLOYEE LEARNING AND GROWTH MEASURES

    Employee participation in professional or

    trade associations

    Training investment per customer

    Average years of service

    Percentage of employees with advanced

    degrees

    Number of cross-trained employees

    Absenteeism

    Turnover rate

    Employee suggestions

    Employee satisfaction

    Participation in stock ownership plans

    Lost time accidents

    Value added per employee

    Motivation index

    Outstanding number of applications for

    employment

    Empowerment index (number of

    managers)

    Quality of work environment

    Internal communication rating

    Employee productivity

    Health promotions

    Training hours

    Competency coverage ratio

    Personal goal achievementTimely completion of performance

    appraisals

    Leadership development

    Communication planning

    Reportable accidents

    Percentage of employees with

    computers

    Strategic information ratio

    Cross-functional assignments

    Knowledge management

    Ethics violationsDiversity rates

    ORGANIZATIONAL LEVEL ISSUES

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    ORGANIZATIONAL LEVEL ISSUES:

    1. STRATEGIC LEVEL

    Long-term plans and policies that determine orchange the character of an organization

    a. Policy Research

    Analysis of overall organizations situationwith a view of formulating major policy

    proposals and establishing their priorities.

    Measures: Critical elements of economic,sociocultural political, technological and ecological

    changes having potential impact on the organization.

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    b. Evaluation Research

    Formal, objective Measurement

    on the extent to which given

    action, activity or program has

    achieved its objectives.

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    2. MANAGERIAL LEVEL

    Those actions associated with ongoing

    management of the organization whichare carried on within the limits of theobjectives and policies defined at thestrategic level.

    a. Managerial Research

    Research related to a specific problem of

    limited scope in which management hasthe need of additional information onwhich to base a decision.

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    b. Action Research

    Continuous gathering and analysis

    of research data and relying of the

    findings into the organization for

    the purpose of improving the

    organizations functions.

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    c. Technical Research

    Specific transactions involved in carrying out the

    tasks required to achieve a variety of objectivesdefined at the managerial level.

    d. Operational ResearchA range of quantitative/analytical techniques

    designed to formulate and test decision rules

    which will permit management to optimize therelations between inputs and outputs of a given

    operational procedure.

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    WHAT IS THE RESEARCH

    QUESTION?

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    THE RESEARCH QUESTION

    - Narrows the research issue

    - Identifies the concern addressed by the

    research project

    - Should relate to aspects of the industry

    that you are strongly concerned with.

    - End result should contribute to the

    industry.

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    - Question may be in the form of a hypotheses

    that certain relationships exist among variables,or it may be of an exploratory nature,

    essentially asking What is the relationship

    among variables.

    - It may begin in a closely formulated form, but

    must eventually be stated such that a testablehypothesis or model is generated.

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    WHAT IS THE RESEARCH

    PROBLEM?

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    THE RESEARCH PROBLEM

    - Rewording of the research question into a

    statement form.

    - It is a statement concerning the relationships

    existing between Variables (sets of events),

    and research is conducted to find answers to

    the research questions.

    - Helps to identify key words and phrases to

    assist in the literature review.

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    The first question that is always asked is

    How Do I find a Research Problem

    There are no set rules for locating a research

    problem, but the 3 major sources are:

    1. Deduction from theory

    2. Experience3. Related Literature

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    FORMULATION OF RESEARCH PROBLEM

    The formulation of a research problem isoften far more essential than its solution.

    To raise new questions, new possibilities,

    or to regard old problems from a newangle, requires creative imagination and

    marks rela advances in knowledge.

    Einstein and Infeld (1938)

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    Carrying out a research

    investigation requires carefulplanning. Central to a research

    investigation is a clear-cut

    statement of the research problem.

    A question well-stated is a question

    half-answered

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    CRITERIA FOR EVALUATING A RESEARCH

    PROBLEMS SIGNIFICANCE

    1. The problem should be one whose solutionwill make a contribution to the body oforganized knowledge in the field of interest.

    2. The problem should be one that will lead tonew problems and to further research

    3. The problem must be one that isresearchable

    4. The problem must be suitable for theparticular researcher

    5. Select a problem that is specific, simple and

    clear.

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    DESCRIPTION OF THE STATEMENT OF THE

    RESEARCH PROBLEM

    1. State of basic difficulty or problem situation -

    significance and importance of the problem area.

    2. Careful analysis of known and suspected facts, andexplanation of existing information and knowledge

    that may have some bearing on problem.

    3. Soundness of the logic underlying selection ofvariables or factors to be studied and expression of

    their relationship to the problem area.

    4. Systematic and orderly presentation of theinterrelationships of relevant facts and conceptsunderlying the problem.

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    5. Clear identification of the problem statement through useof appropriate heading or paragraph caption.

    6. Succinct, precise, and unambiguous statement of theresearch problem (including the delineation ofindependent, dependent, and other variables), of themajor questions to be resolved, or of the objectives to be

    investigated.

    7. Distinction (if any) between the problems or questionsthat are either factually oriented or value oriented.

    Sufficient delimitation of the problem area - narrowing ofthe scope without becoming concerned with a trivialproblem.

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    PROBLEM ANALYSIS PROCEDURES

    1. Select a problem that engages your attention andbegs for a solution

    2. Accumulate the facts that might be related to theproblem.

    3. Settle by observation whether the facts are relevant

    4. Trace any relationships between facts that mightreveal the key to the difficulty.

    5. Propose various explanations (hypotheses) for the

    cause of the difficulty.

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    6. Ascertain through observation and analysis

    whether they are relevant to the problem.

    7. Trace the relationships between explanations

    that may give an insight into the problem

    solution.

    8. Trace the relationships between facts and

    explanations.

    9. Questions assumptions underlying the analysis

    of the problem.

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    EVALUATION OF A PROBLEM

    PERSONAL CONSIDERATIONS

    1. Is the problem in line with my goal expectations and the expectations ofothers.

    2. Am I genuinely interested in this problem, but free from strong biases?

    3. Do I posses or can I acquire the necessary skills, abilities, and

    background knowledge to study this problem?4. Do I have access to the tools, equipment, laboratories, and subjects

    necessary to conduct the investigation?

    5. Do I have the time and money to complete it?

    6. Can I obtain the adequate data?

    7. Does the problem meet the scope, significance, and topicalrequirements of the institution or periodical to which I will submit myreport?

    8. Can I obtain administrative support, guidance, and cooperation for theconduct of the study?

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    SOCIAL CONSIDERATIONS

    1. Will the solution of this problem advance knowledge in the field

    appreciably?2. Will the findings be of practical value to educators, parents, social

    workers or others?

    3. What will be the breadth of the application of the findings in terms of

    range of individuals, years of applicability, and areas of coverage?

    4. Will the investigation duplicate the work that has been or is being doneadequately by someone else?

    5. If this topic has been covered, does it need to be extended beyond its

    present limits?

    6. Is the topic sufficiently delimited to permit an exhaustive treatment yet

    sufficiently significant to warrant investigating it?

    7. Will the conclusions of the study be of doubtful value because the tools

    and techniques available to conduct the inquiry are not adequately

    refined and sufficiently reliable?

    8. Will the study lead to the development of other investigations?

    SOME COMMON MISTAKES IN PROBLEM

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    SOME COMMON MISTAKES IN PROBLEM

    FORMULATION

    1. Collecting data without a well-defined plan or purpose,

    hoping to make some sense out of it afterward.

    2. Taking a batch of data that already exists and attemptingto fit meaningful research questions to it.

    3. Defining objectives in such general or ambiguous terms thatyour interpretations and conclusions will be arbitrary andinvalid.

    4. Undertaking a research project without reviewing theexisting literature on the subject.

    5. Ad hoc research, unique to a given situation, permitting nogeneralization beyond the situation itself and making no

    contribution to the general body of research.

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    6. Failure to base research on a sound theoretical orconceptual framework, which would tie together thedivergent masses of research into a systematic and

    comparative scheme, providing feedback and evaluation fortheory.

    7. Failure to make explicit and clear the underlyingassumptions within your research so that it can be

    evaluated in terms of these foundations.

    8. Failure to recognize the limitations in your approach,implied or explicit, that place restrictions on the conclusions

    and how they apply to other situations.

    9. Failure to anticipate alternative rival hypotheses that wouldalso account for a given set of findings and which challengethe interpretations and conclusions reached by theinvestigator.

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    CHAPTER ONE

    THE PROBLEM

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    IMPORTANCE OF CHAPTER ONE

    - Determines how the rest of the research

    project will be written and presented.

    - Similar to the frame of a building:

    It determines the size and shape of each

    room (Similarly, the research objectives,

    research questions, research problems,

    and the hypotheses determine the sizeand shape of the research project).

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    COMPONENTS OF CHAPTER ONE

    TITLE PAGE

    1.0 INTRODUCTION RESEARCH ISSUES:

    background of the problem trends related to theissues, unresolved issues, social concerns.

    1.1 PURPOSE OF THE STUDY:

    Goal oriented: emphasizing practical outcome.

    1.2 IMPORTANCE OF THE STUDY:

    Contributions of the study, suggestions on improvingthe given situation/issues

    1.3 RESEARCH QUESTIONS:

    Delineation of the issues into several questions,questions to be answered or objectives to beinvestigated.

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    1.4 RESEARCH PROBLEMS:

    Statement of the problem situations, basic difficulty/area of concern orfelt needs, delineation of the research questions.

    1.5 STATEMENT OF HYPOTHESES:Explication of relationships among variables or comparisons to beconsidered, direction of relationships.

    1.6 THEORETICAL UNDERPINNING:

    Background/foundations of the study/academic discipline(s) upon whichthe study/enquiry is built.

    1.7 STUDY FRAMEWORK:

    Rationale and theoretical framework, conceptual or substantiveassumptions indicating relationships among variables, definition of

    terms, variables Operationalization.

    1.8 SUMMARY:

    Outline of the remainder of the research proposal.

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    ASSIGNMENT 1:

    1. IDENTIFICATION OF THERESEARCH TITLE

    2. IDENTIFICATION OF THERESEARCH ISSUE

    3. IDENTIFICATION OF THERESEARCH QUESTIONS