New Delhi
Submitted By:
Ashish Goel
Gaurav Mehta
Durairaj DS
Ashish Kumar Mundra
Devjyoti Mohanty
Batch: SPRING-SUMMER/2010-12/SA2
ACKNOWLEDGEMENT
INTRODUCTION
1.1 Executive Summary
1. In 1st Chapter you will find the objective of doing the project on
Introduction.
2. In 2nd Chapter of this report, you will find that the research
methodology of the report is mentioned.
Research
Methodology
RESEARCH METHODOLOGY
Meaning of Research
Objectives of Research
Data Source
The data can be collected from two sources, i.e. Primary and Secondary. I
have collected the entire data of this project on Exploratory Research
from SECONDARY SOURCES like websites, books, newspapers and
magazines.
2. Research Approach
3. Data Analysis
• COLLECTION OF DATA
3. Data Analysis
After the data about the developments and its future goals had been
collected, it was analyzed methodically. The importance and the
purpose of move was identified to assess the benefits and the risks
faced by the company in the industry.
Chapter 3
Exploratory
Research Design
Exploratory research provides insights into and comprehension of an
issue or situation. It should draw definitive conclusions only with extreme
caution. Exploratory research is a type of research conducted because a
problem has not been clearly defined. Exploratory research helps
determine the best research design, data collection method and selection
of subjects. Given its fundamental nature, exploratory research often
concludes that a perceived problem does not actually exist.
The results of exploratory research are not usually useful for decision-
making by themselves, but they can provide significant insight into a
given situation. Although the results of qualitative research can give some
indication as to the "why", "how" and "when" something occurs, it cannot
tell us "how often" or "how many."
Social Science
In many social science circles, exploratory research "seeks to find out
how people get along in the setting under question, what meanings they
give to their actions, and what issues concern them. The goal is to learn
'what is going on here?' and to investigate social phenomena without
explicit expectations." (Russell K. Schutt, Investigating the Social World,
5th Ed) This methodology can is also at times referred to as a 'grounded
theory' approach to 'qualitative research' or 'interpretive research', and is
an attempt to 'unearth' a theory from the data itself rather than from a pre-
disposed hypothesis.
Earl Babbie identifies three purposes of social science research. The
purposes are exploratory, descriptive and explanatory. Exploratory
research is used when problems are in a preliminary stage. Exploratory
research is used when the topic or issue is new and when data is difficult
to collect. Exploratory research is flexible and can address research
questions of all types (what, why, how). Exploratory research is often
used to generate formal hypotheses. Shields and Tajalli link exploratory
research with the conceptual framework working hypothesis.
Applied Research
Applied research in administration is often exploratory because there is
need for flexibility in approaching the problem. In addition there are often
data limitations and a need to make a decision within a short time period.
Qualitative research methods such as case study or field research are
often used in Exploratory research.
Descriptive research
Causal research
From table 1.2 we can say that sales in Bihar-Jharkhand region should be
in the region of 60-70% of the sales of eastern and central UP region. But
from table 1.1 we can see that the sales are just about 14%. This means
that the sales potential of Bihar-Jharkhand region is not achieved.
Design: The tool used was Pilot survey of the consumers and retailers.
Pilot survey was chosen because the product was not a high involvement
one. Also we felt that focus group and depth interviews may not provide
us with insights to justify the cost involved.
• They feel that there is not much difference between drugs for
headache and cold. They take the same drug for all once they find
it effective.
• The Margins they get for drug X are relatively less compared to
other OTC drugs.
From the results of the pilot survey we framed the following research
questions
Hypothesis formulation
Hypothesis 1:
Hypothesis 3:
H0: Not having top of mind recall is not a reason for poorer sales
of drug X in Bihar-Jharkhand region compared to eastern-central
UP region.
H1: Not having top of mind recall is a reason for poorer sales of
drug X in Bihar-Jharkhand region compared to eastern-central UP
region.
Hypothesis 4:
Hypothesis 5:
H0: Distribution limitation is not a reason for poorer sales of drug
X in Bihar-Jharkhand region compared to eastern-central UP
region.
Difference between
Primary &
Secondary Data
Primary vs. Secondary data
• Primary data: new data specifically collected in current research
project - researcher is the primary user.
• Secondary data: data already exist - collected for some other
(primary) purpose - researcher is the secondary user.
• Secondary data analysis: Chapter 12
Reliability
• Stability: refers to the ability of a measure to maintain consistency over time,
despite uncontrollable testing conditions or the state of the respondents
themselves
• Internal consistency: indicates how well the items ‘hang together as a set’ and
can independently measure the same concept, so respondents attach the same
overall meaning to each of the items
Forms of validity
• Face validity: That quality of an indicator that makes it seem a reasonable
measure of a variable.
• Criterion related validity: The degree to which a measure relates to some
external criterion. For example, the validity of the VCE tests is shown in their
ability to predict the college success of students.
Construct validity: The degree to which a measure relates to other variables as
expected within a system of theoretical relationships.
• Content validity: Refers to how much a measure covers the range of meanings
included within a concept.
Conclusions
• Secondary data can save time, money and effort
• However, it needs to be carefully assessed for suitability
• Be sure to check the research methodology used to collect the data
'Secondary' is used to refer to data that the evaluator was not responsible for
directly collecting (as opposed to primary data which is generated by the
evaluation itself). Usually, use of previously collected data to evaluate programmes
is a use other than the original intent of the data.
In the context of data libraries and archives, 'data' usually means computer-
readable data, since data held in this form is more easily made available for
additional research and more easily interrogated. Examples include censuses and
large surveys carried out by governments, and administrative data (see below).
However, in the current context, 'data' is taken to include the whole range of
information, since for evaluation purposes it is generally advisable to use as much
existing information as possible. Information sources could also include reports
and studies of the area under consideration, documents related to the life and
management of the programme, information on similar programmes, and so on
The three main sources of secondary information relating to social and economic
development programmes are:
Programme management documents;
Statistical sources;
Past evaluations and research.
The purpose of the technique
Given the range and usefulness of secondary sources, some form of secondary data
is used in practically all evaluation work.
It is important to note that the use of Secondary data must take into account the
ethics or code of practice in place for the data. The ethical considerations usually
relate to the rights of the providers of the information (i.e. the original subjects
from which the data were obtained). As a general rule, the use of the information
must be acceptable to the provider, and not in breach of the original conditions of
collection. Sources of information need to be fully acknowledged.
Meta-evaluation might be considered a special case of secondary analysis (see
Meta-evaluation).
The development programme in the East of Scotland has an eligible area that concerns several statistical
units ("local government region level") but there is a lack of correspondence in the way that they are
partitioned. The data provided by the Central Statistical Office is therefore not suitable for directly
constructing context indicators. An indicator of GDP was nevertheless estimated by aggregating data for
the territories of the "central regions" and for Fife and Tayside, of which over half the inhabitants are in an
area eligible for the Structural Funds. The territory of Lothian, less than half of which is eligible for
Structural Funds, was disqualified.
Box 2: Italy
In order to better assess the impact of socio economic development policy, the Italian Treasury
(Department for Development Policies) has commissioned from the Central Institute of
Statistics an analysis disaggregated to the level of the Local Labour Systems, which are built
on the basis of the commuter fluxes derived from the National Census. Italy has been divided
into 785 LLS of which 365 in the South. The availability of data has enabled a much finer
analysis of local economic performance showing where growth of income, employment and
productivity is concentrated and where the lagging areas are. This database will be used to
understand if the positive outliers are also a consequence of the local development policies put
into operation during the 2000-2006 programming period.
Past evaluations and research
Conclusions from the evaluations of similar programmes in the same region or
other regions can help to rapidly provide answers, at a low cost, to an evaluative
question. However, if an evaluation team relies heavily on this type of secondary
data, it must verify the external validity of the evaluations consulted to assess the
extent to which the conclusions can be generalized to the current context.
It is not advisable to invest too much time in listing and collecting exhaustive
bibliographical data. The most effective way of gaining access to this information
is by consulting experts with in-depth knowledge of the domain and/or the region
concerned by the evaluation.
Key Sources
Responsible
Source Description
body
Portrait of the Euro stat In this three volume set, published in 1993,
Regions and each region is presented one by one in an
Regional Map. identical format, via maps, diagrams,
statistical tables and textual commentaries
on their area, regional strengths and
weaknesses, population patterns and trends,
employment, the economic fabric and the
environment.
DG Region
publications
Increasing sophistication of computer technology has meant that the option exists
to apply Geographical information systems (GIS) techniques to geographically-
based socio-economic information. GIS provides a way of assembling any data
that can be referred directly or indirectly to a geographical location, and is
commonly used in the field of spatial planning to collect, gather, accumulate,
analyze, exploit, display and update all spatially referenced data and information,
and to present it in a form that makes it easy to read. GIS is able to incorporate
socio-economic data, data from censuses, surveys and inquiries, and monitoring
data. GIS use a basic structure of special data. All the information is linked to a
system of geographical co-ordinates characterized by nodes, lines and areas (and
therefore also of points, arcs, polygons, etc.).Principle of a Geographic
Information System (GIS) shows the key principles of GIS.
The spatial representation may be direct (cartographic co-ordinates, precise postal
address) or indirect (postal code, area of census).
In terms of evaluation, the main added value of a GIS is that it allows the cross-
referencing of data that other techniques do not allow. In particular, the tool can
compare information on which the geographical references differ, e.g. address of
firms assisted and urban areas in difficulty, or areas eligible for assistance and
environmentally sensitive areas. GIS also makes it possible to estimate the value of
an indicator for a given area, when its value is registered on different statistical
scales.
High-performance information systems can now be applied to the management of
public interventions, and because they are able to cope with considerable number
of interdependent factors, they are an important way of describing and analyzing
the complexities using information from the thematic, spatial and temporal
dimensions (see Box 4 Evaluation of the Languedoc-Roussillon IMP in France).
Classification of
Secondary Data
Primary and secondary sources
Although there are several ways to classify sources, one of the most useful is by
their primary or secondary nature, a distinction deriving from the field of
Historiography. Although there is some variability in the use of these terms outside
of Wikipedia, we focus on one particular aspect of the distinction useful for
editors:
Primary sources
A primary source is a source cited for some new idea, creative thought, or data
originating in that source, and not derived from another author or another source.
Primary sources usually have some immediate connection or contact with the
source of the new idea, thought, or data. For example, the primary source of some
experimental data might be written by the scientist who performed the
experiments. The primary source of a quotation might be written by someone who
was present when the thing was said. The primary source of a historical theory is
usually written by the historian who first conceived that theory. The primary
source of information about a fictional universe is usually written by the author of
that fictional universe.
Secondary sources
A secondary source is any source cited for its second-hand information from a
different work. Secondary sources are not the originators of new ideas, creative
thoughts, or data; they merely act as a conduit for such information. For example,
if an author compiles research data from several scientists into a table for
comparison, she is a secondary source with respect to that data. If an author
paraphrases a quotation in another source, she is a secondary source with respect to
that quotation. If an author in a historiography summarizes a historical theory from
the 1800s, she is a secondary source as to that historical theory. An encyclopedia
about a fictional universe is a secondary source as to the works of fiction defining
that fictional universe.
Some secondary sources, such as textbooks and treatises, are further described as
tertiary sources. However, the tertiary source concept is not as significant and
clear-cut as the others, and the category has less relevance to Wikipedia, except for
the fact that Wikipedia is itself a tertiary source.
Primary and secondary are relative terms
If given in their proper context, primary sources can be the most neutral and
informative way to present information in a Wikipedia article. Often, however, the
import or significance of primary sources is not obvious or is controversial, in
which case they should be supported by secondary sources.
Non-controversial and respected secondary sources can be even more neutral and
informative than primary sources. Sometimes, however, secondary sources act as
filters and add "spin" to primary sources. Therefore, polemical or controversial
secondary sources should be balanced with other secondary sources, and typically
by reference to the unvarnished primary sources, so that the reader can have a basis
to determine which secondary source provides the most credible "spin" on the
primary sources.
Third-party sources are generally preferred as the author has no obvious incentive
to distort the truth or "spin" the facts a certain way. They are thus considered
advantageous in ensuring a neutral point of view. However, it should be
remembered that a source is not necessarily entirely neutral just because it is third-
party, and where a range of views and perspectives exist, they should all be given
reasonable coverage. In such situations, care should be taken to avoid giving undue
weight to a particular point of view.
CONCLUSION TO
MARKET
RESEARCH
However, it is perhaps worth noting that the end products of marketing research
are conclusions and recommendations. With respect to the marketing planning
function, marketing research helps to identify potential threats and opportunities,
generates alternative courses of action, provides information to enable marketing
managers to evaluate those alternatives and advises on the implementation of the
alternatives.
Too often marketing research reports chiefly comprise a lengthy series of tables of
statistics accompanied by a few brief comments which verbally describe what is
already self-evident from the tables. Without interpretation, data remains of
potential, as opposed to actual use. When conclusions are drawn from raw data and
when recommendations are made then data is converted into information. It is
information which management needs to reduce the inherent risks and
uncertainties in management decision making.
Customer oriented marketing researchers will have noted from the outset of the
research which topics and issues are of particular importance to the person(s) who
initiated the research and will weigh the content of their reports accordingly. That
is, the researcher should determine what the marketing manager's priorities are
with respect to the research study. In particular he/she should distinguish between
what the managers:
• must know
• should know
• could know
This means that there will be information that is essential in order for the
marketing manager to make the particular decision with which he/she is faced
(must know), information that would be useful to have if time and resources within
the budget allocation permit (should know) and there will be information that it
would be nice to have but is not at all directly related to the decision at hand (could
know). In writing a research proposal, experienced researchers would be careful to
limit the information which they firmly promise to obtain, in the course of the
study, to that which is considered 'must know' information. Moreover, within their
final report, experienced researchers will ensure that the greater part of the report
focuses upon 'must know' type information.