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WorksheetsFINAL EXAM BUSINESS RESEARCH
Total questions: 100
Worksheet time: 50mins
(a) is a careful investigation or inquiry specially through search for new facts in any branch of knowledge
_______is also known as decisional research, use existing knowledge as an aid to the solution of some given problem or set of problems
Applied research
Fundamental research
Futuristic research
Descriptive research
Explanatory research
It is frequently called basic or pure research, which seeks to extend the boundaries of knowledge in a given area with no necessary immediate application to existing problems.
Applied research
Fundamental research
Futuristic research
Descriptive research
Explanatory research
includes surveys and fact-finding inquiries of different kinds. It tries to discover answers to the questions who, what, when, and sometimes how. Here the researcher attempts to describe or define a subject, often by creating a profile of a group of problems, people, or events.
Applied research
Fundamental research
Futuristic research
Descriptive research
Explanatory research
______goes beyond description and attempts to explain the reasons for the phenomenon that the descriptive research only observed. The research would use theories or at least hypotheses to account for the forces that caused a certain phenomenon to occur.
Applied research
Fundamental research
Futuristic research
Descriptive research
Explanatory research
__________research is based on the measurement of quantity or amount. It is applicable to phenomena that can be expressed in terms of quantity
Predictive research
Analytical research
Quantitative research
Qualitative research
Conceptual research
It is concerned with qualitative phenomenon (i.e.) phenomena relating to or involving quality or kind. This type of research aims at discovering the underlying motives and desires, using in-depth interviews for the purpose.
Predictive research
Analytical research
Quantitative research
Qualitative research
Conceptual research
(a) could be referred to as a likeness of something. It consists of symbols referred to a set of variables and their interrelationships represented in logical arrangements designed to represent, in whole or in part, some real system or process.
What type of research has the following objective:
To test a hypothesis of a causal relationship between variables.
exploratory or formulative research studies
descriptive research
diagnostic research
hypothesis-testing research
(a) resesearch is appropriate when proof is sought that certain variables affect other variables in some way. Evidence gathered through experiments
____________ are termed as those based on the decision-maker‟s past experiences, expertise, assumptions, feelings or judgments without any systematic gathering of facts. Such information is usually readily available.
Subjective information
Secondary information
Primary information
____________ are those collected and interpreted at least once for some specific situation other than the current one. Availability of this type of information is normally high.
Subjective information
Secondary information
Primary information
(a) are information whose quality is dependent on the precision of the researcher's statements of the interrelationship between sets of variables. They have the highest degree of complexity as they involve any number of relationships paths with several variables being analyzed simultaneously.
___________are refined statements of the specific components of the problem. It refers to a statement that ascertains the phenomenon to be studied.
theoretical framework
analytical model
research questions
hypothesis
(a) is synonymous with Project Study , which is a systematic inquiry to determine whether a specific business undertaking could be implemented at a certain acceptable profit level
The major consideration of this aspect is whether there is ample demand for the product being produced or proposed to produce. If ample demand exists find out if this is being met by the current producers
Market study
Technical Study
Management Study
Financial Study
Socio-Economic Study
This aspects identify whether the product could be produced at the highest possible quality level with the minimum costs.
In a manufacturing firm the items that are taken in consideration are the product it self ,the manufacturing process ,plant size, production schedule machinery lay out ,plant lay out and location ,structure raw materials ,utilities, disposal and other information deemed necessary in determining technical feasibility
Market study
Technical Study
Management Study
Financial Study
Socio-Economic Study
This answers how the project shall be managed before and during the operating periods pointing out the firm or persons involved in studying the different aspects of the project, the type of business organization, organizational chart and functions of each units management personnel skills and numbers of labor required specifying the duties and the time to be devoted to the project qualifications, compensations, fringe benefits and facilities
Market study
Technical Study
Management Study
Financial Study
Socio-Economic Study
This portion determines the profitability level of the project which is generally defined as the relationship of the net income after taxes to the total investment.
It also involves thorough coverage of all the monetary information of the enterprise.
Market study
Technical Study
Management Study
Financial Study
Socio-Economic Study
______ is measured by the economic benefits that will accrue to the people living in the community and its vicinities.
Market study
Technical Study
Management Study
Financial Study
Socio-Economic Study
A (a) is a subset of the population being studied. It symbolizes the larger population and is use to draw interference about that population
Is a sampling technique where each element of the population has a fixed probabilistic chance of being selected for the sample
probability sampling
non-probability sampling
simple random sampling
systematic sampling
stratified sampling
Is a sampling technique where the samples are gathered in a process that does not give all the individuals in the population equal chances of being selected. It does not use the chance selection procedure rather on the personal judgement of the researcher.
probability sampling
non-probability sampling
simple random sampling
systematic sampling
stratified sampling
is the basic sampling method assumed in statistical methods and computation, each unit of the target population is assigned a number, a set of numbers is then generated and the units having those numbers are included on the sample.
probability sampling
non-probability sampling
simple random sampling
systematic sampling
stratified sampling
In here the elements of the population are put into a list then every ith element in the list is chosen(systematically ) for inclusion in the sample.
probability sampling
non-probability sampling
simple random sampling
systematic sampling
stratified sampling
______is a sampling technique in which the researcher divided the entire target population into different sub groups ,or strata and then randomly picks the final subject proportionally from different strata
probability sampling
non-probability sampling
simple random sampling
systematic sampling
stratified sampling
it attempts to obtain a sample of convenient elements where the selection of sampling units is left primarily to the interviewer. Relying on the available subjects such as stopping people on a street corner as they pass by is one method of sampling although it is extremely risky and comes with many cautions.
convenience sampling
judgemental sampling
quota sampling
snowball sampling
purposive sampling
is one that is purposely selected based on the judgment of the researcher. For example, if the researcher is studying the nature of school spirit as exhibited at a school pep rally, he or she may interview people who did not appear to be caught up in the emotions of the crowd or students who did not attend the rally at all
convenience sampling
judgemental sampling
quota sampling
snowball sampling
purposive sampling
________is one in which units are selected into a sample on the basis of pre-specified characteristics so that the total sample has the same distribution of characteristics assumed to exist in the population being studied
convenience sampling
judgemental sampling
quota sampling
snowball sampling
purposive sampling
it is appropriate to be used in research when the members of the population are difficult to locate,such as homeless individuals, migrant workers, undocumented immigrants
convenience sampling
judgemental sampling
quota sampling
snowball sampling
purposive sampling
choosing individuals as a sample according to the purposes of the research as his control/an individual is chosen as a part of the sample because of good evidence that he is representative of the total population
convenience sampling
judgemental sampling
quota sampling
snowball sampling
purposive sampling
(a) refers to the complete group of individual or objects to which researchers are interested in generalizing the conclusions
(a) is a tool for consistently executing the a scientific procedure for obtaining the data from the respondents
Usually, the procedure for (a) requires at least ten representatives of the sample, the representative try to answer the survey instrument and make suggestions and comments if any for its refinement.
(a) is the framework of research methods and techniques chosen by a researcher.
(a) research design determines relationships between collected data and observations based on mathematical calculations. Theories related to a naturally existing phenomenon can be proved or disproved using statistical methods
(a) research design is for cases where statistical conclusions to collect actionable insights are essential. Numbers provide a better perspective to make critical business decisions. Quantitative research design methods are necessary for the growth of any organization.
In a ________ a researcher is solely interested in describing the situation or case under their research study.
descriptive design,
experimental research design
correlational research design
diagnostic research design
Explanatory research design
________is a non-experimental research design technique that helps researchers establish a relationship between two closely connected variables.
descriptive design,
experimental research design
correlational research design
diagnostic research design
Explanatory research design
_________refers to gaining respondent's cooperation regarding the data collection process.
request for cooperation
information sought
classification date
instruction
_________form the major portion of the questionnaire. This refers to the items relating to the actual area of the study.
request for cooperation
information sought
classification date
instruction
Tell whether the statement is true or false
Plant location and layout should likewise be considered and studied. Here it is determined whether the location is desirable in terms of distance to the source of raw materials and markets and the other factors.
True
False
Tell whether the statement is true or false
A Business Plan is carried out with the aim of finding the workability and profitability of the business venture,to know whether the business venture is worth the time, and resources, while a FS is developed only after it has been established that a business opportunity exists and the venture is about to commence
True
False
Tell whether the statement is true or false
A Feasibility Study is filled with calculations, analysis, and an estimated projection of business opportunities. While a Business Plan is made up of mostly tactics and strategies to be implemented in order to start and grow the business.
True
False
A statement that predicts how the change in one variable will cause a change in another variable
Proposition
Hypothesis
dependent variable
independent variable
No statistically significant relationship existing between the variables
alternative hypothesis
moderate variable
null hypothesis
dependent variable
_________ defines a variable in terms of specific measurement and testing criteria
Abstract
Construct
Concept
Operational definition
_________ defines a variable in terms of specific measurement and testing criteria
Abstract
Construct
Concept
Operational definition
Research process begin with
introduction
hypothesis
the discovery and identification of problem
none of the above
(a) is defined as the assignment of numbers to characteristics of objects or events according to rules
______ are categorical scales used to identify, label or categorize objects or persons or events
Nominal scale
Ordinal Scale
Interval Scale
Ratio Scale
______ is a ranking scale that indicates the ordered relationship among the objects or events
Nominal scale
Ordinal Scale
Interval Scale
Ratio Scale
The important feature of _______ over nominal scale is that it indicates the relative position, not the magnitude of the difference between the objects.
Nominal scale
Ordinal Scale
Interval Scale
Ratio Scale
______is otherwise called a rating scale. It involves the use of numbers to rate objects or events
Nominal scale
Ordinal Scale
Interval Scale
Ratio Scale
______is one where there is order and the difference between two values is meaningful
Nominal scale
Ordinal Scale
Interval Scale
Ratio Scale
______differ from interval scales in that it has a natural/absolute zero
Nominal scale
Ordinal Scale
Interval Scale
Ratio Scale
The "average" number; found by adding all data points and dividing by the number of data points
Mean
Median
Mode
chi-square test
The middle number; found by ordering all data points and picking out the one in the middle
Mean
Median
Mode
chi-square test
The most frequent number—that is, the number that occurs the highest number of times
Mean
Median
Mode
chi-square test
A very small _________ statistic means that your observed data fits your expected data extremely well. In other words, there is a relationship.
Mean
Median
Mode
chi-square test
This is the step where you actually try to find out the reality by measuring it.
(a)
(a) derive their name from the fact that all ratings are comparisons involving relative judgments. It involves direct comparison of stimulus objects.
(a) derive their name from the fact that all ratings are comparisons involving relative judgments. It involves direct comparison of stimulus objects.
A cpmparative scale is also called as (a)
(a) involves the presentation of two objects and asking the respondents to select one according to some criteria.
In (a) ,scaling is done by presenting the respondents with several objects simultaneously and asked to order or rank them based on a particular criterion.
This technique allows the respondents to allocate a constant sum of units, such as points.
(a)
(a) refers to discriminating among a relatively large number of objects quickly
This scale is similar to the graphic scale in that the individuals make their judgment independently, without the benefit of direct comparison.
(a)
The Likert scale is named after (a)
(a) is a popular scaling technique next to the Likert scale. In this scale, the respondents associate their response with bipolar labels that have semantic meaning
The Stapel scale is named after (a)
The main advantage of (a) is that it does not require a pretest of the adjectives or phrases to ensure true bipolarity, and it can be administered over the telephone.
Identify whether the statement is true or false
Non-comparative scales or otherwise called nomadic scales because only one object is evaluated at a time. Researchers use this scale allowing respondents to employ whatever rating standard seems appropriate to them and not specified by the researcher
true
false
Identify whether the statement is true or false
The constant sum scaling technique uses a rank order procedure in which objects are sorted into piles based on similarity with respect to some criterion.
true
false
Identify whether the statement is true or false
A well-designed research problem constitutes a well-designed measurement process. The process of measurement is a fundamental aspect of any research.
true
false
Identify whether the statement is true or false
Errors in the course of measurement can be traced to a number of factors such as carelessness, negligence, ignorance in the usage of the instruments.
true
false
(a) is one a researcher collects for the specific purpose of investigating the research problem at hand.
(a) are ones that have not been collected for the immediate study at hand but for purposes other than the problem at hand.
A (a) is defined as a formalized schedule for collecting data from respondents. It may be called as a schedule, interview form, or measuring instrument.
(a) observation method involves having a set of items to be observed and how the measurements are to be recorded.
In (a) observation, the observer monitors all aspects of the phenomena that seem relevant to the problem at hand.
________provides quantitative information for analytical interpretation
primary data
secondary data
descriptive data
inferential data
________relates to statistical inference where conclusions are drawn on the basis of samples taken randomly from a population, which is assumed to be normal.
primary data
secondary data
descriptive data
inferential data
(a) is a study of ratios between various items or groups of items in financial statements.
(a) refers to the ability of a firm to meet its obligations in the short run, usually one year.
______are generally based on the relationship between current assets and current liabilities
Liquidity ratio
Leverage ratio
Turn over ratio
Profitability ratio
Valuation ratio
______measures the ability of the firm to meet its current liabilities
Liquidity ratio
Leverage ratio
Turn over ratio
Profitability ratio
Valuation ratio
______is based on those current assets, which are highly liquid. Inventories are excluded because they are deemed to be the least liquid component of the current assets.
Acid test ratio
Leverage ratio
Turn over ratio
Profitability ratio
Valuation ratio
______help in accessing the risk arising from the use of debt capital.
Acid test ratio
Leverage ratio
Turn over ratio
Profitability ratio
Valuation ratio
______are based on the proportions of debt and equity in the financial structure of the firm.
Structural ratio
Leverage ratio
Turn over ratio
Profitability ratio
Valuation ratio
______are based on the proportions of debt and equity in the financial structure of the firm.
Structural ratio
coverage ratio
Turn over ratio
Profitability ratio
Valuation ratio
_____shows the relative contributions of creditors and owners
Debt -Equity Ratio
Debt-Assets Ratio
Interest Coverage Ratio
Fixed Charges Coverage Ratio
This ratio shows how many times the cash flow before interest and taxes covers all fixed financing charges.
Debt -Equity Ratio
Debt-Assets Ratio
Interest Coverage Ratio
Fixed Charges Coverage Ratio
____ measures how fast the inventory is moving through the firm and generating sales.
Inventory turn over
Total Asset turnover
Debtors turn over
____measures how efficiently assets are employed overall.
Inventory turn over
Total Asset turnover
Debtors turn over
______reflect the final result of business operations.
Structural ratio
coverage ratio
Turn over ratio
Profitability ratio
Valuation ratio
