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1.3.3 Types of Research Design



































                                                         Figure 1.3.1 Types of research design



                                           1.3.3.1 Exploratory Research Design

                                             When the researcher has no previous data or only a few studies
                                           for reference, an exploratory research design is used. This research
                                           is sometimes informal and unstructured. It is a research tool that
                                           provides a hypothetical or theoretical idea of the research problem.
                  ◆ Hypothetical or        It  will  not  provide  specific  solutions  to  the  research  problem.
                 theoretical idea          This research is carried out to ascertain the nature of the problem
                                           and to assist the researcher in developing a better understanding
                                           of the problem.  Exploratory  research  is adaptable  and lays the
                                           groundwork  for  future  research.  Exploratory  research  requires
                                           the researcher to investigate different sources such as published
                                           secondary data, data from other surveys, observation of research
                                           items, and opinion about a company, product, or service.

                                             The objectives of exploratory research design are as follows:

                                                ◆ Evaluate the feasibility of a study.

                                                ◆ Formulate statement of the problem.

                                                ◆ Provide theoretical basis to a hypothesis.
                                                ◆ Provide alternative option/approaches to a problem.

                                                ◆ Establish priorities or possibilities for further research.





                 34      SGOU - SLM -MCom Research Methodology
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