Business Research Methods Notes (MBA, BBA, B.Com, Management)

To see whether the market is weak form of market efficient there are two statistical tests. Auto Correlation Test Run Test 1. Auto- correlation Test If there is relation between the prices then we will say that in the stock market there is auto correlation and is weak form of efficient market like... read more

Qualitative Method The main points of Qualitative Method are; It includes in depths interviews, focus of discussion and reviews of documentation. It uses inductive process to formulate theory or hypothesis. It is more subjective because it describes a problem from researcher point of view. I... read more

What is Corporate Social Responsibility (CSR)? Corporate social responsibility (CSR) discusses the professional practices connecting enterprises that advantage society. A company's CSR can include an extensive diversity of tactics, from giving away a share of a business's profits to charity, to applying ... read more

Variables of Information System Following are variables of Information System; Level of Management Operational Data Decision Making Efficiency And there are 9 major types of Information System; Management Information System Operational Information System Office Auto... read more

Corporate Social Responsibility (CSR) is a professional method that pays to maintainable expansion by providing monetary, communal and environmental benefits for all the investors. In simple words corporate social responsibility is how corporations achieve their business procedures to create an overall positive impressio... read more

Primary Source Primary sources are documents, images or objects that deliver firsthand direct proof about an historical topic under research investigation. Primary sources are unique forms created or experienced with the event being investigated. Examples of Primary Source Financial reports made by the fi... read more

Goal Setting Theory Goals must to be precise enough to response the, who, what, when, where, why, and how of any opportunities of the goal. Employees achieve better when given particular goals than they do when given inexplicit or nonconcrete goals. The specificity of the goal now deeds as an internal incentive, and ... read more

In 1964, Canadian professor of psychology Victor Vroom established the Expectancy Theory. In this theory, he considered people’s motivation and decided it depends on three factors: Expectancy, instrumentality and valence. Abraham Maslow and Frederick Herzberg also w... read more

Hypothesis Testing Hypothesis testing is defined as the formal events that statisticians use to check whether a hypothesis can be accepted or rejected. A hypothesis is a supposition about something. Hypothesis testing is an action in statistics whereby an analyst tests a supposition concerning a population limita... read more

Non-parametric tests cover techniques that do not rely on data belonging to any distribution. These include distribution free methods, which do not rely on assumptions that the data are drawn from a given probability distribution. As such it is the opposite of parametric statistics. It includes non-parametric statistical... read more

An important technique for analysing the effect of categorical factors on a response is to perform an Analysis of Variance. An ANOVA decomposes the variability in the response variable amongst the different factors. Depending upon the type of analysis, it may be important to determine: (a) which factors have ... read more

REQUISITES OF A GOOD AVERAGE OR MEASURE OF CENTRAL TENDENCY According to Prof. Yule, the following are the requirements to be satisfied by an ideal average or measure of central tendency. • It should be rigidly defined. • It should be easy to understand and calculate. • It should be based o... read more

Testing Procedure:  1.The first step is to state the relevant null and alternative hypotheses. whether the alternative hypothesis can either be accepted or stays undecided as it was before the test. 2.The second step is to consider the statistical assumptions being made about the sample in doing the test; fo... read more

Simple regression is used to examine the relationship between one dependent and one independent variable. After performing an analysis, the regression statistics can be used to predict the dependent variable when the independent variable is known. Regression goes beyond correlation by adding prediction capabilities.&... read more

Analysis of Data:​ Correlation: In statistics and probability theory, correlation means how closely related two sets of data are.  Correlation does not always mean that one causes the other. It is very possible that there is a third factor involved.  Correlation usually has one of two directi... read more

Making a decision is a critical part of any business project. A business proprietor can make firm decisions and stand by them, only when he is aware of the backgrounds of his marketplace. Laterally with the internal factors about your business, you also need to have broad understanding about the external factors affectin... read more

Following points must kept in mind while presenting Research Data; Tables and graphs: When significant amounts of quantitative data are presented in a report or publication, it is most effective to use tables and/or graphs. Tables permit the actual numbers to be seen most clearly, while graphs are superior for sh... read more

Sampling methods are as follows; Probability Sampling Non-Probability Sampling Probability Sampling: A probability sampling scheme is one in which each unit in the population has a chance (greater than zero) of being selected in the sample, and this possibility can be accurately determined. Th... read more

Primary Data Collection: After the investigator is convinced that the advantage from primary data outweighs the effort and time, money cost, we can go in for this. We can use any of the following methods to collect primary data: Direct Personal Investigation Indirect Oral Investigation Use of... read more

Motivational Research: Any research that tries to explore the area of motivation of individuals can be termed motivational research. Motivational research is a kind of marketing research that tries to explain why customers behave as they do. Indirectly, motivational research assumes the presence of underlying or ... read more