Nature of Research

Answer 1

Business Research is a systematic and objective process of gathering,recording and analyzing data for aid in making business decisions...

In general, business research refers to any type of researching done when starting or running any kind of business. For example, starting any type of business requires research into the target customer and the competition to create a business plan.

Answer 2

marketing research is the function that links the consumer, customer, and public to the marketer through information information used to identify and define marketing opportunities and problems, generate, refine and evaluate marketing actions, monitor marketing performance and improve understanding of marketing as a process.

Answer 3

Business research has four basic characteristics. It has a time limit. It is applied research. It is almost always conducted in a rapidly-changing environment, and it is a for-profit enterprise.

Answer 4

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Answer 5

Research helps businesses make complex decisions. Managers can research their employees and customers to make more informed decisions that support the organization.

Answer 6

Research is empirical

Research is logical

Research is valid

Research is reliable

Research is systematic

Answer 7

this is when the researcher finds a problem within the organisation and looks for the suitable way of solving the entire problem.

Answer 8

definition of business research

Answer 9

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