StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Quantitative Methods in Information Management - Case Study Example

Cite this document
Summary
The paper is a case study about research methods that can be applied in real-time The case is about research to be conducted by a canteen head to understand the tastes and preferences of his customers and thereby increasing the customer base and improve the customer service. …
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.1% of users find it useful
Quantitative Methods in Information Management
Read Text Preview

Extract of sample "Quantitative Methods in Information Management"

Research Methods The following methods for conducting the survey have been suggested: A. Leave paper questionnaires near to the pay desks in the canteen with an invitation to anyone to complete one. B. Arrange for one of the canteen staff to conduct personal interviews with a random sample of employees in their workplaces. C. Send an email questionnaire to all staff (each member of staff has a work email address). D. Set up a display in the main entrance foyer of the central campus building, with questionnaires available on it for anyone passing to pick up. E. Send out a questionnaire with a prepaid reply envelope to a stratified sample of staff. The strata referred to in method E are the four council departments listed: Department Number of staff Education 1100 Business Studies 900 Chief Executive’s 320 Statistics 680 Your Name University/College Name January 14, 2008 Introduction The paper is a case study about research methods that can be applied in real time. The case is about a research to be conducted by a canteen head to understand the tastes and preferences of his customers and thereby increasing the customer base and improve the customer service. The various factors to be considered in determining a research design are discussed. The various methods of research design pertaining to the case study are discussed with their advantages and disadvantages. After an analysis of various research methods, a suggestion is given about selecting the research method to be stratified random sampling. According to this design, the methodology of arriving at the sample is also discussed in detail with formulae. The advantages of stratified random sampling over simple random sampling are discussed and finally, this method is suggested for carrying out the study. The aims of the survey are discussed and various reasons for selecting stratified random sampling method are discussed. The paper concludes by framing three open end questions and three closed end questions to fulfill the aim of the study. Target Population The definition of the population may be apparent from the management problem but there will always be confusion in determining the target population about whether the population consists of individuals, households, or families or a combination of these. In a communication study, the target population is person including individuals or households. In a observation study, the target population is non personal and the questionnaires are displayed at places where every one can access it. This is applied here in the Canteen survey. Good operation definitions are critical in choosing the relevant population. Researchers define the target population as all current existing members excluding their families. In the case, the target population is all currently enrolled students and employees on the main campus of NT University. The total population of the study includes 2500 staff and students. Research Bias: Selective Bias occurs when the researcher makes decisions on various aspects of research based on his reasoning. Due to selective perception, people analyze problems differently. Selective bias can be seen in the respondents, situation, the measurer and the data collection instrument. The selective bias leads to conclusions not pertaining to the study and there is a high level of deviation between the research and the interpretations. Response rate depicts the errors that occur due to the response made from the study. When the data reported differ from the actual data, response error occurs. Response error can occur during the interview or preparation of data for analysis. This is classified into participant initiated error, interviewer error etc. One study found that participants typically underestimated cash and other liquid assets by as much as 25 to 50 percent. These types of response errors will hugely effect the interpretation of results and make the research entirely obsolete. Consider the cases A, C and D, the advantages of these methods include collecting the response from all without any restrictions. There will be no interviewer bias as there is no interaction between individuals. The disadvantages include These methods include the selective bias occurs in collecting information only from the customers of the canteen and this will often lead to positive responses as these persons are already customers of canteen. So the views of others not coming to the canteen is ignored and this will result in result manipulations in the study. Here the situational factors also arise where the respondents fill the questionnaire together and there is a chance of a person influencing the other and thereby the response rate gets distorted. The instrument design will always raise issues. The participant initiated errors will be huge as the questionnaire is filled without any assistance. In Cases B and E, the advantages include the minimization of participant initiated error due to the presence of the interviewer. The errors that occur as a result of situation will get eliminated as the participant is provided full privacy to fill his response. The disadvantages include the interviewer error which includes failure to secure full participant cooperation, failure to consistently execute interview procedures, failure to establish appropriate interview environment, falsification of individual answers or whole interviews, inappropriate influencing behavior, failure to record answers accurately and completely, physical presence bias. Factors determining the research methodology The factors that are to be considered in determining the sampling method for this survey include: Cost: The economic advantages of taking a sample rather than a census are massive. The cost incurred for taking up various methods is to be analyzed and finally a method can be selected. The Industry reports state the following facts: Simple random sampling costs $25 per interview Geographic cluster sampling costs $20 per interview Self administered questionnaire costs $12 per respondent Telephone surveys costs $10 per respondent. Based on these criteria, the sampling method can be selected. Accuracy of results: Deming argues that “Sampling possesses the possibility of better interviewing, more thorough investigation of missing, wrong, or suspicious information, better supervision, and better processing with complete coverage”. The method selected must give the accurate results possible. Accuracy is the degree to which bias is absent from the sample. An accurate sample is one in which the under estimators and over estimators are balanced among the members of the sample. Precision: A sample must provide the estimate in a very precise manner eliminating the sampling errors. Precision is measured by the standard error of estimate, a type of standard deviation measurement; the smaller the standard error of estimate, the higher is the precision of the sample. Speed of data collection: This is a major factor to be considered while selecting a sampling method. The method must be able to collect the data at a faster rate so that decisions can be made at a rapid rate. Sampling’s speed of execution reduces the time between the recognition of a need for information and the availability of that information. In the case, a stratified random sampling can be adopted considering the cost perspective and the reliability, viability etc. Stratified random sampling Vs. Simple random sampling A stratified random sampling increases a sample’s statistical efficiency, provides adequate data for analyzing the sub population and enables different research methods and procedures to be used in different strata. Stratification is usually more efficient statistically than simple random sampling and is also useful when the researcher wants to study the characteristics of certain population subgroups. Researchers have several important variables and this method of stratification enables them to choose a lot of methods and variable of their choice. Simple random sampling is often impractical because it requires a population list that is often not available. It also fails to use all the information about a population, thus resulting in a design that may become waste and simple random sampling is very expensive to implement in both time and money. These are some of the improvements that stratified random sampling will have on simple random sampling. Stratified random sampling Methodology The following is the methodology to arrive at a total sample of 450. The steps in stratified random sampling include 1. Identify the total number of elements in the population. In the case it is 2500. 2. Identify the sampling ratio (k = Total population size divided by the size of the desired sample). In this case, k = (3000/450) = 6.67 (app). 3. Identify the random start. 4. Draw a sample by choosing every kth entry. The following concerns also must be included to avoid criticisms 1. Randomize the population before sampling. 2. Change the random start several times in the sampling process. 3. Replicate a selection of different samples. In the case, using stratified sampling, a sample of 450 is arrived as follows: Department Number of staff (B) Stratified sample = (B) / K Education 1100 165 Business Studies 900 135 Chief Executive’s 320 48 Statistics 680 102 Total 3000 450 (K=6.67) Recommended sampling method with reasons The sampling method to be used is stratified random sampling. The reasons include: 1. A stratified random sampling increases a sample’s statistical efficiency 2. It provides adequate data for analyzing the sub population 3. It enables different research methods and procedures to be used in different strata. Stratification is usually more efficient statistically than other methods and is also useful when the researcher wants to study the characteristics of certain population subgroups. Researchers have several important variables and this method of stratification enables them to choose a lot of methods and variable of their choice. A multi stage survey includes segregating various sub populations based on age, area etc. By conducting this survey, the response can be received from different categories. In this case, it will not be a cheap research as the questionnaire has to change for various categories to understand their tastes and preferences and this becomes a tedious work. It is unnecessary. This type would be more appropriate in a situation where the head of the canteen owns more than 3 canteens across the state. In this case, it is irrelevant to a certain extent. A stratified random sampling is more appropriate for the given scenario. Sample Questionnaire Improving service Measures to consider 1. Current customer service a. Cleanliness b. Time to deliver c. Quality of food Questions (Note: 1 – Very Poor 2.Poor. 3. Neutral 4. Good. 5. Excellent Encircle your choice) 1. Indicate the level of cleanliness in the canteen 1 2 3 4 5 2. Your level of satisfaction with the delivery time 1 2 3 4 5 3. How is the quality of food? 1 2 3 4 5 Extend the customer base Measures to consider 1. Word of Mouth 2. Awareness about promotions 3. Price Questions 1. Have you recommended the canteen to your friends Yes No If Yes, How Many? _________ If No, Comment_________________________________________________ 2. Have you availed the promotion offers in the canteen Yes No If No, Comment__________________________________________________ 3. Are you satisfied with the price charged by canteen Yes No If No, Comment__________________________________________________ Reference: 1. Cooper, Donald and Schindler, Pamela, Business Research Methods, Tata McGraw-Hill Edition, 2003. Pg. 32, Pg. 179, Pg 184-187, Pg 190-193, Pg 221-231. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Quantitative Methods in Information Management Case Study, n.d.)
Quantitative Methods in Information Management Case Study. Retrieved from https://studentshare.org/management/1711355-quantitative-methods-in-information-management
(Quantitative Methods in Information Management Case Study)
Quantitative Methods in Information Management Case Study. https://studentshare.org/management/1711355-quantitative-methods-in-information-management.
“Quantitative Methods in Information Management Case Study”, n.d. https://studentshare.org/management/1711355-quantitative-methods-in-information-management.
  • Cited: 0 times

CHECK THESE SAMPLES OF Quantitative Methods in Information Management

Sales and Marketing for Tourism

Research methods in sales and marketing for tourism Introduction Sales and marketing for tourism require substantial research in order to find out the needs or wants of the tourists and even the business organisations.... hellip; It depends on what information that needs to be obtained that makes each of these methods more significant than the other.... Quantitative research method Quantitative research is a common method used in investigating or finding information in various fields of studies....
6 Pages (1500 words) Essay

Quantitative methods

quantitative methods Name: Unit instructor quantitative methods 1.... In science, quantitative methods often measure results of qualitative research such as making an analysis of certain observations, patterns and relationships made.... Accordingly, quantitative methods use information dealing with numbers and measurements, through tables and graphs, to show results, experiments as well as research.... On the other hand, scientific research is the body of techniques used for investigating phenomena, acquiring new knowledge or rectifying and integrating previous knowledge and information....
3 Pages (750 words) Essay

Positivist and Post-Positivist Philosophies

In Business and management researches, the numerical… However unless this is qualified by qualitative means (post positivism), the numbers alone can often be misleading.... Despite criticism, relevance of research philosophy for business and management cannot be denied, as this is the most valuable tool to evaluate performances against set targets and goals.... For any business to succeed and for any management to be in control, use of both qualitative (positivist) and qualitative (post-positivist) concepts is unavoidable....
4 Pages (1000 words) Essay

Quantitative research methods in public policy

Traffic management and emergency response requirements – the building should be safe and response to disaster or emergency should be integrated; for example, fire suppression measures should be included.... For example, some information may be quantitative in nature such as how many people may visit the facility at a given time or how many computers are required.... However, other information may be qualitative in nature such as the aspirations and expectations of the users....
2 Pages (500 words) Essay

Marginal Revenues in Business and Management On E-commerce Purchase Behavior

Throughout the module, my primary approach to research is using quantitative and observation strategies, and I intend to include the methods in my doctoral research together with other research designs.... hellip; The completion of the MRes in Business and management and particularly the module on E-commerce and purchase behaviors has been an enormous opportunity for me in several ways.... This statistical information is significant in the analysis of customers and their expectations and is thus vital data for decision making....
5 Pages (1250 words) Essay

Range and Diversity of Qualitative Research Methods

The increase in popularity for qualitative research methods in most of the psychological disciplines can be traced back to dissatisfactions that happened within experimental and cognitive psychology that was prevalent in the 60s and 70s.... This paper examines quantitative research methods, focusing on how it is often used in business and management research as well as the criticisms raised against its effectiveness.... This approach, in research activities, is accredited with the ability to obtain first-hand information from respondents, something that is appropriate for effective decision making by people who use this information....
9 Pages (2250 words) Essay

Strategic Marketing Planning: a Grounded Investigation

Moreover, choosing chosen concepts from the “research onion” can help to guide the researcher in choosing the pre-planned descriptive research design and the information obtained can be statistically inferred on a population.... Because quantitative techniques can obtain statistical information from the respondents that can be quantified into frequencies and percentages that positivistic researchers aim to obtain (Baines et al.... The research onion was created in order to provide… An unreliable methodology will result in fallacious results and will weaken the value of the findings and result in a completely different image of the same phenomenon (Nummela, Quantitative and qualitative research methods investigate and explore different claims to knowledge and both methods are designed to address a specific type of research question....
10 Pages (2500 words) Essay

Understanding Business and Management Research Methods

The researcher of this discussion makes an attempt to offer an overview of the various key elements of business research with a specific focus on research methods and research methodologies used within the field of business and management.... According to the research findings, research in business and management are relatively new in the field of research.... The research process within the field of business management is strongly based on theories, which form a crucial part of social science research....
10 Pages (2500 words) Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us