100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Grasple modules summary pre-master Tilburg University $5.99   Add to cart

Summary

Grasple modules summary pre-master Tilburg University

 26 views  1 purchase
  • Course
  • Institution

This is a summary of all modules and contains all the information from the grasple modules 1-9.

Preview 4 out of 41  pages

  • November 3, 2021
  • 41
  • 2021/2022
  • Summary
avatar-seller
Module 1: The Research Process

What is (sound) business research?

Business research can be defined as

"a series of well-thought-out activities and carefully executed data analyses that are aimed to help a
manager avoid, solve, or minimize a problem."

I) Business research is well-thought-out: Wat is the precise problem?
II) Business research entails gathering and analyzing data
III) Business research is meant to help managers make better decisions

Decisions based on research is more effective than on intuition

And while some people have argued that intuition becomes more valuable in highly complex and
changeable environments, the opposite is actually true. The more unprecedented the challenges you
face, the less you should rely on intuition and the more on evidence/research.



Hallmark 1 Purposiveness

- Why is the research necessary?

Hallmark 2 Rigor (biasness) (motivation behind the research)

- Ensuring a sound theoretical base

- Ensuring a sound methodological design

Hallmark 3 Objectivity

- Drawing conclusions based on facts

Hallmark 4 Parsimony (simplicity)

- Shaving unnecessary details (do not use 50 variables when 5 will do)

- Explaining a lot with little

- “Things should be made as simple as possible, nut not any simpler” – Albert Einstein

Hallmark 5 Replicability

- Finding the same results if the research is repeated in similar circumstances

- Describe in great detail how you designed your research (samples, data collection, etc.)

Hallmark 6 Generalizability

- Being able to apply the research findings in a wide variety of different settings. (e.g. if a fond works on
a milk can, it may also work on a soda can. But, if plant-based KFC does not work on a Monday, it may
work well in the weekends)

, - This should hold for fundamental research
- But less for applied research




Fundamental vs. applied research

- Applied research (e.g. Satisfaction rate of employees)
- To solve a current problem faced by the manager
- Applied to a specific company
- Within firms or research agencies

- Fundamental research
- To generate new knowledge about how problems that occur in several firms can be solved
- Applies to several organizational settings
- Mainly within universities (and knowledge institutes)

Goal of fundamental research is that is can be applied by companies with their own problems
(generalizable conclusions)

Why should you be knowledgeable about business research?

1. In order to be able to PERFORM business research.
2. In order to be able to STEER business research.
3. In order to be able to EVALUATE business research.

The 7-step research process

1. Define the business problem
I) AH’s online grocery delivery is not taking of
2. Formulate the problem statement
I) Which factors influence consumers’ adoption of online grocery delivery?
3. Develop a theoretical framework (incl. hypotheses)
I) Consumer demographics, competing retailers’ offers, etc.
4. Choose a research design
I) Archival data
5. Collect data
I) Buy consumer panel data
6. Analyze data
I) Perform a logit analysis
7. Write-up
I) Which variables are (not) significant?
II) What does this imply for managerial decision making?

Deductive vs. inductive research

- Deductive research aims at testing a theory
- Inductive research aims at developing a theory

,Deductive research example
"If it rains outside, everything becomes wet."  Theory
"It rains."  Observation
"The car is outside."  Observation
"So the car will become wet!"  Conclusion




Quantitative vs. qualitative research

Quantitative researchers emphasize the importance of formulating hypotheses based on previous work
and well-supported theories. The reasoning behind quantitative research is largely deductive.

Qualitative researchers adopt the opposite approach: they use observations as a starting point and then
seek explanations for their observations. The reasoning behind qualitative research is largely inductive.

These two research approaches are not mutually competing. They can be used in combination, within a
single research study.

Module 2

Step 1: Defining a business problem

What should be investigated and why?

A business problem occurs when there is a difference in the desired state and the actual state. It should
be researched if there is something seriously wrong and needs fixing immediately, or when there is
something (not so seriously) wrong and can be fixed relatively easily.

Example
Desired state, Unilever want to sell products via Albert Heijn
Actual state, Albert Heijn boycotts Unilever’s product and therefor Unilever loses sales

, To find out whether a business problem is worth all the time and effert, you need to check the following

- is it feasible? Is it doable? (possibility)

- is it relevant? (importance)

Feasibility
1. Size (demarcation (afbakening))
2. Variables
3. Ability to gather data (existing or new data)

Relevance
1. Managerial relevance (is it beneficial?)
2. Academic relevance (is the problem solved in prior research?)




Step 2: Formulating a problem statement & research questions

Business problem = Manager focused  Problem statement = Research focused

A good problem statement

- formulated in terms of
- - variables
- - relations

- open-ended question

- stated clearly

- managerial and academically relevant



A good research question

- should collectively address the problem statement

- first theoretical, then practical research question

- stated clearly

Theoretical research questions
- context questions
- conceptualization questions (explaining relevant concepts of the main question)
- relationship questions

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller tomasolij. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $5.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75323 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$5.99  1x  sold
  • (0)
  Add to cart