Page 82 - IMDR EBOOK 20 OCT 2020
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"Pandemic and Beyond: Naviga ng the New Normal"                                             E - Book Year 2020

           2.3  Research Design
           A research design is a layout which portrays the integrated collection of requisites
           chosen as research tools and equipment’s in a systematic manner (Sloot,2018). It is a
           framework of the chosen methods and techniques to combine various components of
           the research in a logical manner to efciently solve the research problem. It is with the
           help  of  a  research  design  that  the  researcher  shall  get  accurate  responses  from
           business owners.
           The research design allows the outcomes to be adequately aligned with research aims
           and objectives, while making sure that right methods are selected. Research designs
           are  usually  categorized  in  three  different  types  -  Exploratory  Design,  Explanatory
           Design and Descriptive Design.

           As the name suggests denes, an exploratory research design allows a researcher to
           explore the dependent and independent variables and their relationship. It is most
           appropriately  applied  when  the  intention  is  to  conduct  a  secondary  analysis.  An
           explanatory research design is accurately applied when primary analysis is necessary
           to be conducted, especially when quantitative research analysis is a mandate (Bansal
           et al. 2017). The impact of independent variables upon the dependent variables gets
           truly determined in this design type. It is also possible to undertake both primary as
           well as secondary research methods in terms of the descriptive research design. Hence
           this is the most widely used research design.
           The  present  research  aims  at  conducting  a  primary  research  analysis  through  a
           quantitative  approach.  In  order  to  objectively  answer  the  research  question,  an
           explanatory research design is best suited for this research. An exploratory research
           which connes the accuracy of responses is more desirable than the unnecessary
           detailing and descriptive research allowed by usage of any other research designs.
           Responses from the representative group can be best received and a quantitative form
           thereof can be calculated for analysis and interpretation.

           2.4  Research Approach
           A research approach enables the researcher to dene a denite direction from the
           initial to nal point of the study. It is a plan and a procedure consisting of the steps
           including broad assumptions, the method used of collection of data, and the analysis
           and  interpretation  thereof.  It  depends  upon  the  research  approach  if  the  analysis
           should be based upon the theoretical framework stated in the beginning of the research
           study  or  the  reverse  course  shall  be  abided  (Escobar-Rodríguez  and  Bonsón-
           Fernández, 2017). Research approaches are categorised into three types: Deductive
           Research  Approach,  Inductive  Research  Approach  and  the  Abductive  research
           approach.
           The  Deductive  approach  is  used  to  test  the  validity  of  the  given  theories/
           assumptions/hypotheses, while an inductive approach leads to the emergence of new
           theories and generalizations. The Abductive research, which starts with ‘surprising
           facts’ is devoted to their explanation. A deductive approach basis its inference on the
           assumption that “the conclusion is true when the premises are true”. Propositions and
           hypothesis that relate to existing theories are evaluated using data collection. There are
           different research types which favour deductive research approach as it caters to the
           conventional  and  absolute  form  of  research  understanding.  In  case  of  deductive
           research approach, the theories and models are tried to be discussed at the beginning
           of the project. As the research progresses these theories and models become the basis
           of the analysis and justication for the topic chosen. A top down approach using
           deductive approach is implemented. This by far is conceptualized and accepted as the
           most  widely  applied  approach  for  all  kinds  of  researches,  especially  for  primary
           research analysis. In case of inductive research approach, the theories and models are
           framed at the end or nal stage of the research project. Such an approach category is
           commonly  recognized  as  bottom  up  research  approach  (Schubert  and  Merian-Str,
           2015). This kind research approach is applied on limited research topics however,


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