...Running Head: IMC 612 Qualitative vs. Quantitative Research 1 Comparing the Use of Qualitative and Quantitative Research in Marketing IMC 612 Qualitative vs. Quantitative Research 2 Qualitative vs. Quantitative Though qualitative and quantitative researches differ in their methodologies and philosophies, they both contribute to an overall research plan, and act to uncover the motives and feelings of the consumer. At their very essence the two types of research employ different reasoning and as such, each method has its own fair share of detractors and supporters. The truth of the matter is that despite their inherent differences, qualitative and quantitative research methods are complimentary in many ways and can be used in conjunction with each other (Colorado State University, n.d.). When combined, the two methods of research can give a more detailed picture of the consumer’s wants and needs. “Gathering vital evidence by conducting thorough and well-considered research can benefit businesses of all sizes” (Frost, 2012). Qualitative research by its very nature makes use of inductive reasoning (Colorado State University, n.d.). In inductive reasoning, the researcher begins with specific observations and measures, begins to detect patterns, formulates a tentative hypothesis based on those patterns...
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...the Quantitative Reasoning for Business (QRB) Overview document, I can be broadly categorized as techniques of management science—a field melding portions of economics, financial, accounting and operation and research into a pragmatic effort to help an aid into the decisions making process. As an area of study, these QRB are often identified by giving the fundamentals needed (stepping stones) to apply to each class thereafter. In solving a problem, I might consider both qualitative and quantitative factors. For example, in term of economics, a variety of quantitative techniques have been developed to forecast future values. Future sales are the most important variable in business forecasts. Unit sales establish levels for most business activities— from purchasing and production to marketing—and knowledge about sales is a prerequisite to the budgetary and planning process. In term of financial, I might consider different investment alternatives, including certificates of deposit at a bank, investments in the stock market, and an investment in real estate. I can use quantitative analysis to determine how much my investment will be worth in the future when deposited at a bank at given interest rate for a certain number of years. In term of accounting, quantitative analysis can also be used in computing financial ratios from the balance sheets for several companies whose stock I am considering. Some real estate companies have developed computer programs that use quantitative analysis...
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...[pic][pic] MKT421 MARKET AND SOCIAL RESEARCH INDIVIDUAL ASSIGNMENT JANUARY 2013 NAME : PROGRAMME : BMAUH LECTURER : MR. ARASAN DUE DATE : WEEK 14 COMMENTS : TITLE : CRM software applications and business performance (Journal of Database Marketing & Customer Strategy Management (2006) 14, 4–16) AUTHOR : Lawrence Ang and Francis Buttle. The research approach The research approach used in this is the quantitative research approach and questionnaires were distributed to sample size of 170 companies. The data collection procedure The data were collected through questionnaires. The questions were directly related to CRM software applications and business performance that required respondents to answer according to their opinion where there is no biasness. The questionnaires were mailed to the sample size. There were no right or wrong answers to minimise possible response bias. The sampling procedure and sample size Our population of interest is Australian industry and commerce. A stratified random sample of 732 companies was contacted from the Dun and Bradstreet database of the top 1,000 companies in Australia. The population was stratified into three annual turnover groups: $50–$99 million, $100–$500 million, and above $500 million. The invitation to participate was addressed to the person in charge of customer relations. The...
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...DETRIMENTAL IMPACTS OF BOTH WORKING PARENTS ON THEIR CHILDREN A Thesis Presented in Fulfillment of the Requirements of the Psychology Course of BS(A&F) at FAST-NU, Lahore * * * * * Acknowledgement We have conducted a survey on the topic: “DETRIMENTAL IMPACTS OF BOTH WORKING PARENTS ON THEIR CHILDREN”. Before selecting this topic, we took instructions from our teachers and seniors. Under the supervision of or teacher, we prepared a questionnaire and conducted a survey. We are indebted to our teacher for her advice as we prepared this report. We are especially grateful to the students of FAST-NU, LUMS, LSE, GC University and Punjab University for giving their point of view regarding this topic and helping us with the survey. TABLE OF CONTENTS Abstract | 03 | Statement of Problem | 04 | Purpose | 04 | Central Phenomenon | 04 | Literature Review | 05 | Limitations of Study | 05 | Key Question | 05 | Survey Method | 06 | Introduction to The Topic | 10 | Causes: Why Do Parents Work? | 12 | Child Development: The Critical Parent-Child Relationship | 14 | What Kids Think About Working Parents | 17 | Stress on Working Mother | 18 | Effects on the Children of Working Parents | 19 | Problems Faced by the Children | 22 | Solutions to the Problems | 24 | Conclusion | 27 | Questionnaire | 28 | Graphical Representation of Survey | 33 | References | 34 | ABSTRACT Ever since both the parents began entering the work force, the...
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...HRD 313: Program and Organizational Evaluation Program Evaluation Plan Paper RTF Employee Morale March 8, 2011 Written By: Michelle Mogg Esther Kim Biyu Zhu Mohammed Benjebreen Ariel Van Der Bogart II. Design and Sampling We will be using the responsive evaluation model as this approach hones in on the stakeholders’ key reactions and responses to the program that is being evaluated. A responsive evaluation is ideal for this evaluation because since it allows us to utilize both quantitative and qualitative collection methods. Through this evaluation method, we can take into consideration the stakeholders’ suggestions and determine if there are any changes that can, should and will be implemented. In conducting a responsive evaluation, the evaluator must talk with the participants involved, identify the program’s issues, and then collect the data while conceptualizing the participants concerns. The main question we should ask when using this approach is, “What does the program look like to different people?” The answers we will receive will vary, but this is expected because it will give sufficient feedback when evaluating the data. This approach fits well with our design because we are asking the employees to provide us with their issues and concerns as to why they lack morale and job satisfaction. Their feedback can then help us determine if there are any common correlations and themes. In addition, asking employees to provide their insights and letting them...
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...Data Collection Instrument The instrument used for data collection for Ballard Integrated Managed Services, Inc. was a formal survey to document complaints, opinions, and suggestions from each employee. Due to the decrease in morale and low productivity rate the survey instrument was used to collect statistical information from each BIMS employee to summarize and analyze data collected to finalize a result. The survey was created to provide BIMS employees’ an opportunity to share their experiences working with BIMS. Level of measurement There are a few types of measurement levels involved in this study which is the nominal scales, ordinal scales, and interval scales. BIMS used ordinal level of management, which has no numerical value and it is to document the level of satisfaction, happiness, and discomfort (Market Research Methods, 2012). Another level of measurement BIMS used in the study was nominal level which is considered names and label variables that include questions that have no numeric value (Market Research Methods, 2012). Data Clean In order for BIMS to develop exact results; performing a data sweep to remove any input errors is helpful. The office support staff member in charge reported a few errors such as any missing data was represented with a zero, which meant according to the report there were questions that people failed to answer. It is also important to remove the number of times a ‘6’ is typed when it should be ‘5’...
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...CHAPTER 3 Methods and Procedures This chapter explains the methods and procedures of the research. This includes the method used which is the descriptive method. The number of participants together with their profiles. The instrument used during the survey and interview. The validation of the instrument and gathering the data in information needed in the research Method Used This descriptive type of research utilized interviews, questionnaires and observation in the study. To illustrate the descriptive type of research, Creswell (1994) guides the researchers when he stated: Descriptive method of research is to gather information about the present existing condition. The purpose of using this method is to describe the nature of a situation, as it exists at the time of the study and to explore the cause/s of particular phenomena. The researchers chose to use this kind of research to obtain first hand data from the respondents so as to formulate conclusions and recommendation for the study. Participants of the Study There were fifty (50) participants in counducting the study. These were the local residents of the place in Malolos Bulacan. Sampling Technique The purposive sampling technique is used in this study. This method targets a particular group of people. The purpose of this method is to select the people of interest and the people who suit the purpose. The criteria used in selecting respondents are the following: * Residents of the place. * Those eighteen...
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...Marketing Research Designing a Questionnaire to Survey Santa Fe Grill Customers? Hands-On Exercise 1. Based on the research objectives, does the self-administered questionnaire, in its current form, correctly illustrate sound questionnaire design principles? Please explain why or why not. Yes, the questionnaire has illustrated correctly the design principles. It clearly identified the research objectives. All the questions are designed in simple words and easy to understand. They are designed in a proper order with sections. The rating scale is used in the questionnaire; this is easy for participants to make choices. 2. Overall, is the current survey design able to capture the required data needed to address all the stated research objectives? Why or why not? If changes are needed, how would you change the survey’s design? Yes, the survey design is able to collect required data, which is address all the stated research objectives. As mentioned in Question 1, all the questions are designed into different sections. Section 1 and 5 will help to collect the demographic profile. Questions in section 2 are about the customers’ perceptions to the restaurant, such as food quality, services, and environment. Section 3 is addressed to investigate whether these participants will return or recommend the restaurant to others. Section 4 listed four main factors (Prices, Food Quality, Atmosphere, Service) that customers may concern, and this section will collect the information about...
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...CHAPTER III RESEARCH METHODOLOGY AND PROCEDURES This chapter presents and discusses the methodology that was employed in the study, the research design, respondents of the study and the description of instruments that was applied, data gathering procedures and the interpretation of the data gathered. RESEARCH DESIGN To know how the students in St. Paul College San Rafael behave in the classroom and the effects of happy go lucky attitude to the grades of the lazy students, the descriptive and quantitative research design was employed. The reason why the researcher used these research designs is because it is easier to analyze yet it is simple. RESPONDENTS OF THE STUDY The respondents of this study are the students of St. Paul College San Rafael. Specifically, 50 students each year level. GROUP | Number of Respondents | St. James | 25 | St. Jude | 25 | St. Agatha | 25 | St. Agnes | 25 | St. Bernadette | 25 | St. Catherine | 25 | St. Aloysius | 25 | St. John of Bosco | 25 | TOTAL | 200 | RESEARCH INSTRUMENT In gathering the data needed in the study, the researcher used the questionnaire method. The possible effects of happy go lucky attitude to the grades of lazy students are: 1. Students feel lazy when they are inside the classroom. 2. The students who are doing happy go lucky attitude has a line of 7 grades or failing grades. The questionnaire contains questions which are answerable by 5 choices and yes or no. The questions are...
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...Limitation Although this market research has been finished already, there are still some limitations that cannot be avoided. Firstly, in terms of questionnaire design, the total amount of questions in the questionnaire maybe too large, and it costs respondents about 3 minutes to finish all of them. Especially when they saw the 10 tables, many of them showed their impatience to finish the questionnaire. In addition, some respondents cannot quite clearly understand what they should do on the tables. Thus, it indicates that the table questions may not be so well designed and made respondents confused about that. It would be better if the table questions could be simplified. Secondly, regarding respondents, many people were not willing to respond questions through the whole process of conducting the survey. It may result in some problems when analyzing demographic data. According to the results, it is obvious that the ages of the respondents are focused on 18 to 35. It is difficult to get some feedbacks from people in other ages, especially elderly people and people with a young baby. Thus, their purchase preference and intention are not clear in the analysis. Moreover, some respondents finished the questionnaire in a hurry and they even did not read the questions clearly. Among all the questionnaire paper, there are approximately one fourth of the respondents did not finished all the questions required. Thirdly, many respondents consuming in Wal-Mart have never heard about its private...
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...BIS 261 John and Jacob, Inc. Online Trading System Case Study Week 3 1. The best method to get the information from all of the brokers would be to send out a questionnaire. The questionnaire should be tailored to ask a series of open and closed end questions with a free text area for additional comments, to get a better idea of what would make the system appealing to the customers and what the brokers would need out of the system. After collecting the questionnaires and completing the analysis on the answers, then select about three of the brokers to help refine the details of the requirements and also have a model created for the stakeholders to review what the system would look like, this should be done by scheduling a JAD session using the electronic support equipment approach. 2. There are a variety of ways to gather customer feedback the most popular would be an online survey that the company can put on their website asking for feedback from the customers. The company could also create a customer forum on a social media page, or create an online customer community to ask for feedback about ways to improve the website to meet their needs. They could also include a survey in the customer’s statements or send it out separately if an online approach is not feasible and offer some type of incentive for completing the survey. 3. The criteria to identify the stakeholders would be to determine who will use the system, who will maintain the system,...
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...Chapter 8: Designing Pay Levels, Mix and Pay Structure Chapter Overview: Major decisions * Specify competitive pay policy * The purpose of a survey * Select relevant market competitors * Design the survey * Interpret survey results * From policy to practice: The pay-policy line * From policy to practice: Grades and ranges * From policy to practice: Broad banding * Balancing internal and external Pressures: Adjusting the pay structure * Market pricing Exhibit 8.1 - Determining Externally Competitive Pay Levels and Structures * Specify Competitive Pay Policy Information on external markets * Survey * Process of collecting and making judgments about the compensation paid by others * Provides the data for translating policy into pay levels, pay mix, and structures * The Purpose of a Survey Adjust pay level—how much to pay? * Based on overall movement of pay rates caused by competition in the market Adjust pay mix—what forms? * Base, bonus, stock, and benefits Adjust pay structure? Study special situations Estimate competitors’ labor costs * Competitive intelligence * Employment Cost Index * Measures quarterly changes in employer costs for compensation * Select Relevant Market Competitors Employers who compete: * For same occupations or skills * For employees in same geographic area * With same products and services Fuzzy markets * Organizations...
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...Quantitative Methods – Course Handout MBA – Semester 1 – Class of 2011-13 Faculty: Mr. Amarnath Mitra Ph: 8125596425 Email: anmitra.ibs@gmail.com Meeting Hours: Working Days (10:00 AM – 6:00 PM) – with prior appointment Room No. E 203 1. Instruction Details Course Duration: 33 sessions of 75 minutes (1hr 15mins) each. 2. Course Details A. Course Objective To provide concepts of quantitative techniques that help managers in decision making process and to build the foundation for courses like Operations Management, Marketing Management and Portfolio Management. B. Instruction Methodology: Case Discussions The students are advised to go through the specified cases along with the specified material for a particular day. C. Suggested Titles (Text and Reference) REFERENCE BOOKS Statistics for Management (Main Text) Quantitative Techniques for Management Decisions Quantitative Methods for Business Business Statistics Quantitative Analysis for Management Complete Business Statistics Statistical Methods AUTHOR / PUBLICATION Richard I. Levin, David S. Rubin - Prentice Hall of India Private Limited, New Delhi. U K Srivastava, G V Shenoy and S C Sharma - New Age International, New Delhi David R Anderson, Dennis J Sweeny and Thomas A Williams - Thomson Learning, New Delhi David M Levine, Timothy C Krehbiel and Mark L Berenson - Pearson Education. Delhi. 2004 Barry Render and Ralph M Stair - Prentice Hall. New Delhi 2002 Amir D Aczel & Jayavel Sounderpandian Digambar Patri & D N Patri ...
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...Quantitative marketing research is the application of quantitative research techniques to the field of marketing. It has roots in both the positivist view of the world, and the modern marketing viewpoint that marketing is an interactive process in which both the buyer and seller reach a satisfying agreement on the "four Ps" of marketing: Product, Price, Place (location) and Promotion. As a social research method, it typically involves the construction of questionnaires and scales. People who respond (respondents) are asked to complete the survey. Marketers use the information so obtained to understand the needs of individuals in the marketplace, and to create strategies and marketing plans. Contents [hide] • 1 Scope and requirements • 2 Typical general procedure • 3 Statistical analysis o 3.1 Reliability and validity o 3.2 Types of errors • 4 See also • 5 List of related topics • 6 References [edit] Scope and requirements This section is empty. You can help by adding to it. (July 2010) [edit] Typical general procedure Simply, there are five major and important steps involved in the research process: 1. Defining the Problem. 2. Research Design. 3. Data Collection. 4. Analysis. 5. Report Writing & presentation. A brief discussion on these steps is: 1. Problem audit and problem definition - What is the problem? What are the various aspects of the problem? What information is needed? 2. Conceptualization and operationalization - How exactly do we define...
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...CHAPTER 3 Research Methodology This chapter focuses on the research methodology, research procedure and data collection of the study. This chapter also presents the description on how gathered data were interpreted and analyzed. RESEARCH DESIGN This quantitative research applied the format of using a questionnaire. Data were collected to determine the correlation between the self-concept, motivation, study habits and learning style in pre-board exam of Mechanical Engineering students. The students involved are the learners who took the pre-board exam in Mechanical Engineering. Statistical tools are used to analyze the data and to find the significant relation of the variables. RESEARCH LOCALE This study was conducted at the Technological Institute of the Philippines, Quezon City located at 938 Aurora Boulevard, Cubao,Quezon City. The respondents of this study were the graduating students from the Mechanical Engineering department. SOURCE OF DATA For the primary sources, four (4) survey questionnaires about self-concept, motivation, learning styles and study habits were used to gather the answers of the respondents. For the secondary sources, books, articles and journals were used as references related to the topic for further enrichment of the study. Also, the researchers considered to browse the internet for more data gathering at the Technological Institute of the Philippines library. The participants of this research are the seventy(70)graduating Mechanical Engineering...
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