Page 83 - IMDR EBOOK 20 OCT 2020
P. 83

"Pandemic and Beyond: Naviga ng the New Normal"                                             E - Book Year 2020

           when  a  secondary  research  is  considered  this  approach  is  considered  to  be
           operationally suitable.
           Secondary research is not involved, for the present research, the deductive research
           approach  is  most  suitable.  It  will  help  the  researcher  in  deducing  the  responses
           received from the representative group to arrive at appropriate results effectively. The
           present research is entirely dependent upon primary analysis method which can only
           be fostered if the deductive research approach is undertaken, hence this shall be the
           rightful choice to help answer the research questions optimally. The researcher will
           derive  the  responses  from  selected  sample  of  business  owners  and  the  impact  of
           COVID-19 on their advertising budget and marketing strategies.























           2.5  Research Strategy

           A research strategy is the general ow of plans of how the researcher will go about
           answering the research questions (Saunders et al.2009). It is a way through which a
           researcher  makes  sense  of  the  object  of  inquiry.  A  research  strategy  is  thus  a
           cumulative  understanding  of  the  entire  research  study.  The  domain  of  research
           strategy is typically classied into four broad types for any research protocol (Blakstad
           and Allen, 2018). Research strategies are classied into four types namely Case study,
           action-oriented research, quantitative survey and qualitative interviews constitute. It
           is most likely that one among the four stated strategic domains are stipulated.

           In the present research it is important for the researcher to elicit best responses from
           the business owners who are industry experts through a questionnaire used for survey.
           A  quantitative  research  generalises  the  collected  numerical  data  across  groups  to
           explain a particular phenomenon while a quantitative strategy lays emphasis on the
           mathematical, statistical and numerical analysis of the data that is collected through a
           questionnaire. With an aim to classify the features, construct statistical models and
           analyse them to explain the observations that effectually full the research objective,
           the quantitative research strategy is used for this study.
           The Data
           3.1  Collection Method

           The process of collecting information from all sources that are relevant with a view to
           nd answers to the research questions is called data collection. There are two methods
           of data collection: primary methods of data collection and secondary methods of data
           collection.  Data  collection  is  considered  as  the  most  critical  domain  amongst  the
           research  methodology  tools  being  selected  (García-Jurado  et  al.  2018).  For
           understanding  the  impact  of  the  COVID-19  pandemic  on  marketing  spends  and
           marketing strategies, diverse data collection means were evaluated. The data collected
           has to be important and relevant to the research topic, is expected to yield accurate
           results to validate the outcomes for effective results hence choosing a data collection
           method is very crucial.




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