Quiz 1The research questions represent the decomposition of the problem into a series of statements that constitute the end results sought by the research project.
Asking “how” questions promote better decision making
Research, in the business context, is an organized, formal inquiry into an area to obtain information used for decision making.
Business research should focus on the collection techniques used to gather information to facilitate decision making.
In terms of the outcome of research, if the research does not follow a scientific method and is not relevant to management, the results are
A _______ analyzed the market demand for a new product, brand or service
In order to conduct scientific research, one must only use conventional methods of research
Despite the cost, small businesses and entrepreneurial ventures utilize business research to obtain results to help them make better management decisions