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Ms-95 Research Methodology for Management Decisions

Course: Master of Business Administration

University: IGNOU

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Fully Solved: Yes

## MS-95 Solved Assignment 2022 – Research Methodology for Management Decisions

1. Distinguish between the terms within each of the following pairs.

(a) Endogenous variables and exogenous variables.

(b) Characteristics of interest and unit of analysis.

2. Compare and contrast the various attitude measurement techniques. When will you use each of them? Discuss briefly.

3. Briefly review the different types of models along with their characteristics.

4. A report should be thoroughly reviewed and edited before the final report is submitted. What are the questions that were asked while reviewing the draft?

5. Twenty three applicants for a position are interviewed by a suitability test and their performance scores are listed below:

Group A: 7 11 9 4 8 6 12 11 9 10 11

Group B: 8 8 13 14 11 10 12 14 13 9 10 9

Use the Mann Whitney U-test to determine whether there was a difference in the performance scores of two groups X and Y at 5% level of significance

### Old Samples – Ignou MS-95 Solved Assignment

Q. Discuss the importance of research in decision making.

Answer. Research may be defined as a systematic approach consisting of enunciating the problem, formulating a hypothesis, collecting the facts or data, analyzing the facts and reaching certain conclusions…………

Research provides the basis for nearly all governmental policies. For example, government’s budgets rest in part on an analysis of the needs and desires of the people and on the availability of revenues to meet those needs……….

Research with regard to demand and market factors has great utility in business. Business projecting which ultimately results in a projected profit and loss account is based mainly on sales estimates which in turn depends on business research. Once sales forecasting is done………..

In the aging industry the classical role of research has been cost reduction and providing the customer support necessary to safeguard profitability……..

During growth stage the purpose of research is to help grow the business and improve or sustain its competitive position and applications or by enlarging…….

Q. What is problem definition in research process? Discuss the various steps of research process

Answer. A research problem is some difficulty either theoretical or practical nature which an individual or organization faces and wishes to obtain a solution for the same. Correctly defining the problem is the crucial first step in the research process……….

Define the problem in a general way: The problem should be stated in a broad general way, keeping in view either some practical concern or some …….. *Download Full MS-95 Ignou Solved Assignment Research Methodology for Management Decisions for Jan-June or July-Dec*.

Understanding the nature of problem: The researcher must understand the origin and nature of the problem in clear terms through discussions and study of the…….

Q. Discuss the most commonly used scales for measurement of attitude in a research.

Answer. Nominal Scale: This is a very simple scale. It consists of assignment of facts/choices to various alternative categories which are usually exhaustive as well mutually exclusive. These scales are just numerical and are the least restrictive of all the scales. Instances of Nominal Scale are – credit card numbers, bank account numbers, employee id numbers etc. It is simple and widely used when relationship between two variables is to be studied. In a Nominal Scale numbers are no more than labels and are used specifically………

Ratio Scale: If one measures the distance between two points as four feet and between two other points as two feet, it is possible say that one distance is twice that of the other because each distance ………

Thurstone Scale: It is one of the Multi Item Scales developed by L.L. Thurstone’s method of Equal Appearing Intervals on the concept that, even though people could not assign quantitative measures ………

Guttman Scales/Scalogram Analysis: It is based on the idea that items can be arranged along a continuem in such a way that a person who agrees with an item or finds an item acceptable will also agree with or find acceptable all other items expressing a less extreme position……..

Q. Write short note on the following:

a. Sampling methods

b. Factor loading and factor analysis

Answer. Sampling methods are classified as either probability or nonprobability. In probability samples, each member of the population has a known non-zero probability of being selected. Probability methods include random sampling, systematic sampling, and stratified sampling. In nonprobability sampling, members are selected …… **Get Ignou Mba MS-95 Solved Assignment**

Factor analysis is: a statistical approach that can be used to analyze interrelationships among a large number of variables and to explain these variables in terms of their common underlying dimensions (factors). The statistical approach involving finding ……..