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Quantitative Analysis on Traditional Budgetary Control
The Task
Chapter 3 – Methodology
How you do this Research
The way you do the research
3.1 Introduction (75 words)
Purpose + Content
Purpose : Explain the methodological concerns
Content : Include the areas
3.2 Research Strategy (200 to 300 words)
Outcome : Quantitative or qualitative Research
Paradigm : The way you perceive the world and the way you perceive the research.
3.3 Sampling Procedure (200 words)
Population – Who experience this research problem and relevant people applicable?
Whether it’s quantitative or qualitative?
Select the correct Sample size
- State the population size with sourced based information
Sampling Procedure
Quantitative
- Sample size should represent the number of the population. With the help of Morgan table consider significant level and error
- If the population size is not clear use 384 as the sample
- No bias in selecting samples
- Apply simple random sampling technique.
Qualitative
- State the population size with sourced based information
- Sample size is subjective. The researcher can represent the number based on the saturation of the data.
- Between 10 – 15 is appropriate
- Sample method – Non probability – Don’t give equal opportunities
- Sample Technique – Purposive sampling
- Make a Table
Respondent | Details | Time Allocation |
CEO | 30 minutes | |
GM | 20 minutes | |
CFO | 25 minutes | |
Sales Manager | 30 minutes |
Explain non probability and probability and justify why chose either of this.
3.4 Conceptual Framework
It’s a diagram which summarizes the outcome of section 2.3 of the Lit. Review.
Quantitative
Identify dependent and independent variables
Highlight Hypothesis
Dependent Job Satisfaction
- Salaries and benefits H1
- Career growth H2
- Work life balance H3
- Work Environment H4
3.5 Quantitative Research – Variable Definition
Qualitative Research – Factor Definition
Explain the components, elements, measures or indicators used in the research
3.5.1 Job satisfaction – Indicators and measurement
3.6 Only for quantitative research – Hypothesis
State hypothesis drawn from the conceptual framework
H1 There is a positive relationship between benefits and job satisfaction
H2 There is a negative relationship between…… H3, H4
3.7/3.6 Data and Data collection
> State whether you use quantitative or qualitative research
> State whether you use primary or secondary data
> Data collection methods, For Qualitative research (Survey method or interviews)
Surveys – Questionnaires
Interviews – Semi structured interviews based on Interview Guide
- Administration of Data collection
Data collection procedure – How you will be collecting data (online or at person)? What data you collect?
Where do you store the Data
3.8/3.7 Data analyzing methods and techniques
Data analysis method – Quantitative method
How data are summarized and presented,
Via Table, graphs and Charts
How you get statistical evidence to test hypotheses
Correlation Analysis
Regression Analysis
If you chose regression analysis, present regression model
Dependent Variable JS= B1+BE+B2+
JS and other variables how do you interpret
Chapter 4 – Data Analysis
4. A Quantitative Analysis
4. B Qualitative Analysis
4.1 Chapter Introduction (70-80)
Purpose of the chapter and content
4.2 Data Presentation (500 words)
Tables/Graphs/Charts/Descriptive Statistics
4.3 Reasons for Key behavior
Include a pie chart
Descriptive Statistics Mean Value/SD/Max skewness
4.3.1 Obtain output and input
4.3.2 Realize key behavioral aspects
4.3.3 Provide reasons for such behavior
Testing Hypothesis
- Reliability of test
- =0-1 = 0.7
SPSS – Data analysis software
- Correlation Analysis
Independent variable – Dependent variable
Test Hypothesis
Y = X + x
Y = X +X
0.3 – Weak
0.31 – 0.69 – Moderate
0.70 – Strong Correlation
- Regression Analysis
Y = X + Y (Joined combined effect)
Qualitative 4.2
Thematic Analysis
Themes/factors
Different patterns + evidence for those patterns
- Qualitative Research
Chapter 5 – Conclusion and Recommendations
5.1 Summery of the study (200-300 words)
Problem + Two Objective
Outcome the literature
Key points of methodologies
5.2 Conclusion (100 words)
Need to state what you have achieved under two research objectives
5.3 Discussion (500 – 600 words)
Need compare and contrast the findings of present study with the findings of relevant past studies.
5.4 Recommendations
5.4.1 Recommendations 1
Describe with Literature/theory
5.4.2 Recommendations 2
5.4.2 Recommendations 3, 4 and etc
For all those recommendations provide Annexure (including an action plan)
What is the recommendation | What activities you need to carry out | Responsibility of whom | Time Period | Resource Requirement | |
5.5 Limitations of the study & recommendations of future studies (100 words)
You had selected one company/findings cannot be applied to another company country, uncontrollable factors, data collection constraints and etc
Recommendations: Future researches to avoid them.
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