Research Philosophies are as Follows:
Positivism Philosophy: Positivism philosophy is based upon the highly structured methodology to enable generalization and quantifiable observations and evaluate the result with the help of statistical methods. Positivism philosophy is commonly used in natural science and it is a critical and objective base method. It is an approach that includes the various philosophy of natural science such as philosophy of unchanging, universal law and the view of everything that occurs in the nature (Sundars 2003).
With the help of positivism philosophy, researcher can collect all the facts and figures that are associated with the research issue through general sources. According to Sundars (2003), in this research philosophy the role of researcher is very important for the study. He stated that in positivism philosophy the researcher plays role of an objective analyst to evaluate the collected data and produces an appropriate result in order to achieve research aims and objectives.
Interpretive Philosophy: The interpretive philosophy believes that the social world of management and business is too complex as to be formulated in theories and laws such as in the natural science. Interpretive philosophy represents the critical thinking about positivism philosophy. According to this philosophy, there are many truths and meaning of a simple fact and these are suitable for every situation and for every research problem (Johnson and Christensen 2010).
This research philosophy plays an important role in order to produce end result from the collected data. In this research philosophy, the researcher does not only interact with environment but also seek to make sense of it through their interpretation of events and the meaning that they draw from these. In this research philosophy, there are several factors such as individual have different living standards, difference in social and cultural environment, personality and family groups etc. affects the nature of individual (Saunders 2003).
Realism Philosophy: Realism philosophy is also an important philosophy that is based on the interdependency of human values and beliefs. This research philosophy focuses on the beliefs that really exist in the environment. This research philosophy believes in the existence of external and objective reality that influences people’s social interpretations and behavior. It also believes that the human are not the objects for the study in the style of natural science. This research philosophy also define that how individual react towards a real world situation (Johnson and Christensen 2010).
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