Study Notes - Final - Chapter One Introduction to Research...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter One – Introduction to Research 1. define and know the relevance of ceteris paribus to empirical research ceteris paribus is defined as “all else the same” important to hold other factors constant that affect the dependent variable in order to find true relationship between independent variable(s) of interest and dependent variable 2. differentiate between basic and applied research and give examples of each Basic Research emphasizes little on its application to the real world; simply driven by curiosity does not directly involve the solution to a particular problem generates a body of knowledge eg. Professor wanting to know more about relationship between margarine and butter Applied Research policy and management issues at the forefront deals with specific real life problem eg. Economist at Becel investigating the effect of the price of butter on Becel margarine products 3. explain the basic tenets of empirical research guided by evidence obtained through a systematic and controlled manner systematic – according to plan (not casual or sporatic) controlled – directed based on observation 4. define the term “method”, and differentiate it from methodology research methodology is the entire process of doing a piece of research (includes all steps) research methods refers to specific procedures (at each step) 5. describe the notion of a research design, and explanatory research, and provide examples of each 6. describe exploratory, descriptive, and explanatory research and provide examples of each Exploratory undertaken when not much is known about the situation at hand extensive, preliminary work to obtain better understanding about the nature of problem curiosity, feasibility (can it be done), develop methods (statistical techniques)
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
eg. Literature review Descriptive undertaken in order to ascertain and be able to describe the characteristics of the variables of interest goal is to offer to the researcher a profile or to describe relevant aspects of the phenomena of interest Explanatory explain nature of certain relationships hypothesis testing understanding/testing cause and effect relationship eg. Research proposal 7. define empirical see #3 8. identify and discuss situations where internal researchers vs. external researchers may be more or less advisable Internal low complexity situations accepted by employees better less time understanding internal structure/environment cost efficient internal bias can be influenced by management not necessarily perceived as “experts” lack of “fresh ideas” ease of implementation and monitoring External more complex situations situation of vested interest (unbiased draw on wealth of diversified experience (wider scope) knowledge of sophisticated problem solving methods costly timely, not welcomed by staff implementation and evaluation is an additional cost
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/18/2008 for the course EC 451 taught by Professor W.m during the Spring '08 term at Wilfred Laurier University .

Page1 / 28

Study Notes - Final - Chapter One Introduction to Research...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online