Research Methodology full report

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OBJECTIVE OF THE STUDY
Every Research study has certain objectives; there is no study without the objective because objectives are purpose of the study. No study serves any existence without its significance. Thus they are the backbone on which the body of the study stands.
1. The objective of my study is to understand and critically analyze the recruitment and selection procedure at Star Wire (India) Ltd.
2. How candidates are properly selected according to the selection criteria?
3. Various Recruitment and Selection procedures undertaken at
Star Wire (India) Ltd.?
4. Various intervals at which Selection process takes place at
Star Wire (India) Ltd.?
5. Performance of employees after Recruitment and Selection process?



SCOPE OF THE STUDY

• The ability of the firm to meet current obligation;
• The extent to which firm has used its long term solvency by borrowing funds;
• The efficiency to which firm is utilizing its assets in generating sales revenue; and
• The overall operating efficiency and performance of the firm.
• To study the recruitment and selection of the junior manager supervisors and workers
• To know about the employees satisfaction level regarding their recruitment and selection procedure



RESEARCH METHODOLOGY


Meaning of Research
Research in common parlance refers to search for knowledge. Once can also define
research as a scientific and systematic search for pertinent information on a specific topic.
In fact, research is an art of scientific investigation.
Types of research
The basic types of research is as follows:

1. Descriptive VS. Analytical: Descriptive research includes survey
and fact finding enquires of different kinds. In analytical research, on the other
hand, the researcher has to use facts or information already available, and
analysis these to make a critical evaluation of the material.

2. Applied VS. Fundamental: Research can either be applied or action
Research or fundamental to basic or pure research. Applied research aims at
Finding a solution for an immediate problem facing a society or an business
Organization where as fundamental research mainly concerned with
Generalizations and with the formulation of the theory.

3. Quantitative VS. Qualitative: Quantitative research is based on the
Measurement of quantity or amount. It is applicable to phenomena that can be
expressed in terms of quantity. Qualitative research, on the other hand, is
concerned with qualitative phenomena, i.e. phenomena

4.Conceptual VS. Empirical: Conceptual research is that related to
some ideas or theory. It is generally used by philosophers and thinkers to
develop new concept or to reinterpret existing ones.




DESCRIPTIVE RESEARCH DESIGN:

Descriptive research studies are those studies which are concerned with described the characteristics of particular individual.
In descriptive as well as in diagnostic studies, the researcher must be able to define clearly, what he wants to measure and must find adequate methods for measuring it along with a clear cut definition of population he want to study. Since the aim is to obtain complete and accurate information in the said studies, the procedure to be used must be carefully planned. The research design must make enough provision for protection against bias and must maximize reliability, with due concern for the economical.



Advantages
• High accuracy level.
• Better understanding .
• Good conclusion.
• More reliable.
• provide good knowledge.
• feasible data.
Disadvantages
• It is time consuming
• Sometimes accuracy is not there because of lack of data
• Sometimes accuracy is not there because of the responsive error