Understanding Research Concepts

Research is primarily a:

• Random process

• Systematic process

• One-time event

• Casual observation

The main purpose of research is to:

• Create business profits

• Write reports

• Answer specific questions or solve problems

• Collect random data

Business research is specifically focused on:

• Scientific discoveries

• Academic theories

• Business-related issues

• Social problems

Which is a key component of research according to the definition?

• Only data collection

• Only analysis

• Gathering, analyzing, and interpreting data

• Only interpretation

Business research aims to:

• Only increase profits

• Improve business operations

• Only study competitors

• Only conduct market surveys

Research involves:

• Only information gathering

• Only problem-solving

• Both information gathering and problem-solving

• Neither information gathering nor problem-solving

Business research is:

• A general type of research

• A specialized type of research

• An informal process

• An unstructured approach

The process of research includes:

• Only data collection

• Only interpretation

• Multiple systematic steps

• Random observations

The primary difference between general research and business research is:

• The methodology used

• The specific focus on business issues

• The data collection process

• The time required

According to the definition, research information is:

• Only gathered

• Only analyzed

• Gathered and analyzed but not interpreted

• Gathered, analyzed, and interpreted