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1 RESEARCH METHODOLOGY

1.1 RESEARCH DESIGN


According to (Geoffrey Marczyk, 2005) Research Design is the structure and the plan for investigating and covering the collected, measured and investigated data in a blue print. As per AHM (American Heritage College Dictionary) research is a systematic enquiry or investigative study or to analyse something thoroughly. In most simple words it is the method of finding solutions to problems. (Mackey & Gass, 2005)

Figure 3.1.1 Research onion

Source : (Saunders et al., 2006)

This is a model of research. In this model collection and study of information are considered as layer of onion each layer shows each stage of studies.

1.2 EXPLORATORY AND CONCLUSIVE RESEARCH


Figure.3.2.1 Exploratory and Conclusive Research

Source: (Detmar strub, 2010)

Exploratory Research:

This is a method of research using to evaluate the issues and the possibilities of a firm. Forms of this study are secondary data investigation, experience surveys, Pilot studies, focus groups, and pilot study of case analysis. It is mainly based on qualitative information other than the quantitative factors. This method will be helpful to find out the quantitative information about IOCL and Indian Oil and Gas Industry.

Table. 3.2.1 Reaserch Project Component

Source: (Courses, 2012)

Conclusive research

If considering a conclusive research on IOCL. To find out the quantitative data we have to apply two different type of conclusive research. A.Descriptive Research This method have been using widely for the researches to study the current position, evaluate the industry and the competitive nature. (DJS Research, 2011). This method is using to analyse the effect of the Crude oil price of IOCL in Indian oil sector. B. Causal Research This method used to find the factors that cause another issues for the company. It is the evaluation of cause and effects of factors (MJ Research, 2008). Here In the case of IOCL, competitors plays in the downfall of market share price.

1.3 SAMPLE DESIGN

Taking decision on what type of sample should have to choose for study or survey. Method of planning the steps and the procedure to collect the information from the sample of people that available (OECD, 2006) Cost Effectiveness Reasonable Factors Thorough Study
Time Management

1.4 SAMPLING METHODS


Various methods of samplings are using for research purpose. These methods are using for obtaining a sample from general population and it is vital process to evade bias in selection process. (Cramster, 2012) Table.3.4.1 Sampling Methods SAMPLING METHODS PROBABILITY SAMPLING Sampling Sampling . (Castillo, 2009) Stratified Sampling Multi-stage Systematic Convenience Sampling: Judgement Sampling: Quota Sampling: NON PROBABILITY SAMPLING

1.4.1

PROBABILITY SAMPLING

In this method the researcher can accept a sample from a population of same nature. Its a method of collecting samples from a population having equal chances to be selected. There are three types of probability sampling.

1.4.2 NON PROBABILITY SAMPLING:

This can be says as collection of samples from a specified category of population. It can be says as taking a sample from workers in the IOCL in India and taking information from them. Sample selection will be a random process and cannot be estimate respondents nature. Essentials in non-probability are chosen arbitrarily and there is no chance to estimate any individual built in the sample. (StatisticsCanada, 2009)

1.4.3 COLLECTION OF DATA


It is practice or procedure that uses to collect experimental data. There are lot of methods are using for collecting data. The relevancy of the data decides the method that has to follow. There is a lot of collection method, Triangulation method is one among them. Figure. 3.4.3.1 Triangulation Method

This method is consisting of three steps they are, Historical Research it includes with secondary data collection. In this step should have to collect all the previous data including qualitative and quantitative data. While considering IOCL, collection of information about domestic production of oil in last 8 years.

Key Informants is collecting of primary data consisting of qualitative nature. Collection of information regarding performance of HR in IOCL is involved in this step.

Surveys final step of collecting data through surveys from samples, customers workers etc it is also a primary data collection. Collection of information of IOCL by giving

questionnaires to customers. This data are consisting of both qualitative and quantitative data.

Figure 3.4.3.2 Data Collection

(Koppa, 2011) This figure shows the methods and areas of data collection data collection. In this figure it describes about the steps of the collecting data.

Figure 3.4.3.3 Types of Data

(ROHAN Academic Computing, 2011)

1.4.4 COLLECTION METHODS


This study is based on the qualitative factors of IOCL India.it is to find out how the issues affecting its management performance? This study is based on the employees survey. It would help to know the management challenges due to the internal and external issues. Methods like focus group interview and pilot studies helped lot to get straight information about IOCL.

1.5 DATA ANALYSIS


Data analysis is the process getting collectively quantitative and qualitative data to develop answers to the research questions. (national service resources, 2008) (national service resources, 2008)

Begin with Perfect Planning

Collection and verification of data

Establishing perfect System for coding

Tabularize the Data

Reassign the data

Check Your Plan

1.6 ETHICAL ISSUES


Research Ethics are like a norm of behaviour that discriminates both unacceptable and acceptable manners. The researchers should follow the ethical factors in a society. Ethical aspects should be consider while he go through Impartiality and Professionalism, Informed Consent, Right of refusal, Plagiarism, Confidentiality and Privacy. (Resnik, 2011)

1.7 GANTT CHART

8/9/2012 28/9/2012 18/10/2012 7/11/2012 27/11/2012 17/12/2012 6/1/2013 RESEARCH PROPOSAL SUBMISSION

PROPOSAL CONFIRMATION AND APPROVAL

LITERATURE REVIEW

RESEARCH DESIGN

QUESTIONNAIRE DESIGN

DATA COLLECTION

REFERENCES AND FINALISATION

REPORT WRITING AND SUBMISSION

1.8 BUDGETING

TRANSPORTATION COST FOOD and ACCOMODATION PAPER WORKS MISCELLENIOUS EXPENSES

RS 250 RS 650 RS125 RS 300