Kinds of research data Essay

The basic classification of explore information is in terms of valued and qualitative methods. Quantitative research entails examination of numerical data by using mathematical models and statistical procedures. (Morgan, 2000). Qualitative research involves use of abridgment and opinions to explain interviews and documents and infrastanding the phenomenon. The believe requires a qualitative and some quantifiable approach rather than a purely numerical one. Data accretion Approaches Data collection approaches sens be chief(a) and secondary.Both primary and secondary approaches leave be utilized Extensive research ordain be carried show up in the Library as well as on the World Wide Web. Qualitative Research Methodologies Qualitative methodology focuses on quality a term referring to the essence or atmospheric state of something. Qualitative methods are used to understand complex fond phenomena. In the present situation, literature survey along with interviews and quest ionnaires ordain be the key kayoed techniques used for data collection, collation and analysis. Case- subscribe to Research Methodology.Case call for in the primary research methodology employed in this study. A fact study is an enquiry which uses multiple sources of evidence. It evaluates a contemporary phenomenon in existing life context within the boundaries of the phenomenon and when the context is not clearly evident. Potter, (1996) has outlined case study as a realistic methodology, which deals with solid and special questions. Case study translates research objectives into more researchable problems, and provides rich examples, which are light-headed to comprehend.The signifi natesce of case studies is its revealing the meaning of a phenomenon. A partner group case study approach is considered best suited than otherwise techniques to implement this research, as it testament concentrate on an empirical, contemporary problem. It leave behind also enable answering th e questions as, why and, how to understand the underlying motivations. It will generate empirical data and interesting information specific to the phenomenon under study. Research cases offer a unique tool to testing opening by examining phenomena which are beyond the traditional statistical approaches. (Potter, 1996).Case study research is useful to the aims because the degree to which a case study produces reasoned and credible information is generally higher than qualitative research in a more general survey. An analysis of the Chinese and UK banking systems is proposed to be carried out with reference to the case study of Bank of China and HSBC, London. Limitations of Case Study One of the limits of case studies is the difficulty of generalizing their go onings. If the case design is sound and if the tec is careful to be explicit about the phenomenon and the context of the study, then solvings can be generalized.(Potter, 1996).Another limit of case studies is that they gener ate a batch of information that needs to be logically handled to strengthen the argument presented in order to develop credible conclusion. Research Instruments Primary data is imperturbable for the research study to answer a specific question. Ways of collection this kind of information includes surveys, observation or controlled experiments. written reports are one of the or so common ways to collect data, where the subject can be contacted done mail, telephone or directly in personal interviews. (Veal, 2000).It entails sending questionnaires, interviews and non-formal enquiries make to people. By carrying out interviews of a significant number of individuals a blanket(a) perspective can be provided. This research will collect data by essentially the method of interviews and questionnaires. Data Collection Method Questionnaire Survey Surveys are frequently used to obtain information about social issues. Jones (1997) has described that survey needs planned strategy to gather data. Surveys can be conducted in many ways, over the telephone, by mail or in person.Questionnaire surveys are ideal for providing complex information. Questionnaire involves a sample of the world which can range from few hundreds to few thousands depending on the research study (Veal, 2000). Questionnaire technique has been used in the study. Limitation of the questionnaires On an average the advantages surmount the disadvantages, but a key drawback is low response rate. This will result in low level of confidence and distort the analogy of statistical information.Another weakness of questionnaire is the fact that it is a structured format and allows short(p) room for flexibility with respect to reply by the respondents. Interview Interviews will form an interactive part of this study and will be carried out after the secondary research is done in combination with the questionnaire. When doing these interviews it will be important to keep a neutral view of the research topic, where the actual behavior instead of an intended behavior needs to be identified. Veal (2000) has described interview as a strategy to find out from people about the things, which cannot be observed directly.