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Research Methodology
December 2021 Examination
Q1. You have been hired by
a firm as a researcher to understand the consumer preferences for one of their
product categories within a state in India.
After going through the requirements, you realized that you need to
discover various qualitative aspects of product preferences from the
consumers. Hence, you decided to speak to some groups of consumers at various
parts of the state to understand more about the given problem. The management
approves your idea of interview and gave you a go ahead. Answer the following
questions:
Why do we conduct interview in research? Discuss about the
structured and unstructured interview process. (10 Marks)
Ans 1.
Introduction
The
capacity to conduct a successful interview is a critical component to
recognizing the way in which to broaden and conduct this process. Market
researches employ interviews as a way to discover how their products may
Q2.
A major bank in the country wants to launch a new investment scheme. However,
they are not sure whether it will be a success of failure among the consumers.
To arrive at a conclusion, they may outsource the research activities to a
well-known research firm in the city. The bank has asked the firm to submit a
research strategy by the end of the coming week so that the bank can decide if
it would be feasible for them to move further. Answer the following questions:
What is the purpose of having a research strategy? Discuss the
various research strategies that you know about. (10 Marks)
Ans 2.
Introduction
The look at will be
introduced through a description of the principal components. Researchers
follow a basic process called a research approach, a plan that guides their
method of wondering and analysis. In fact, it creates an opportunity for a
researcher to do the necessary studies methodically and according to schedule.
Generally, the main goal of research subjects, research fields, primary areas,
research design, and study procedures is to improve knowledge.
Q3. In a study among the
college students in a tier I city in India, it was found that their ‘behavior’
can be predicted by understanding their ‘intention’, which in turn can be
predicted by a host of other factors. All these factors can be grouped into
three different variables like ‘attitude’, ‘subjective norms’ and ‘perceived
control’. It was also found that these three variables impact each other.
a. Identify the dependent variable and the independent variables.
Is there any mediator in the model? Explain in all the cases. (5 Marks)
b. Draw the conceptual model.
(5 Marks)
Ans 3a)
Introduction
There
are certain variables that are given a particular name solely for the purposes
of experimental studies. Depending on the model parameter, the determinant
variable is known as one, whereas the independent variable is known as the
other. If you are testing a variable, the dependent variable is the variable
that will be measured or tested. It is possible, for example, that
Ans 3b)
Introduction
In
the technical field of modeling, conceptual models are systematic
representations of data. A concept consists of the concepts, theories, and
ideas that enable one to comprehend, understand, or simulate a particular
topic. As you can see, this is what the model looks like. On the other
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professionals.
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