Applied Research vs.docx - NAME FAIZAN ID 9633 COURSE BRM assignment:1 ASSINGMENT NO 1 COURSE BUSINESS REASERCH METHOD DATE 28.9.2015 NAME FAIZAN ID

Applied Research vs.docx - NAME FAIZAN ID 9633 COURSE BRM...

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NAME: FAIZAN COURSE: BRM ID: 9633 assignment:1 ASSINGMENT NO 1 COURSE: BUSINESS REASERCH METHOD DATE: 28.9.2015 NAME: FAIZAN ID: 9633 1
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NAME: FAIZAN COURSE: BRM ID: 9633 assignment:1 1) Applied Research vs. Basic Research Both applied and basic research is important to the scientific process. It is a mistake to pit them against each other. The basic-versus-applied difference only in terms of whether a study has practical applications, because this difference often simply boils down to a matter of time. Applied findings are of use immediately. However, there is nothing as practical as a general and accurate theory. 1, Basic research focuses on fundamental principles and testing theories. Incorrectly, it is sometimes implied that basic research doesn’t have practical applications. The history of science is replete with examples of basic research leading to real world applications. Just because a research study is not directed at specific set of circumstances does not mean that in the future the finding from that study will not be applied to a specific event or events. For example, Psychological studies of decision making that led to important finding in the fields of education, medicine, and economics 2, Applied research examines a specific set of circumstances, and its eventual goal is relating the results to a particular situation. That is, applied research uses the data directly for real world application. In applied research the goal is to predict a specific behavior in a very specific setting.
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