Purpose of psychological research psychological researchers want to learn and understand human behavior it can be about how people think, how they feel, how they behave, or some combination of. Business research process entails studying all aspects of a company, its customers and the market, then using that information to make sound business decisions typically, a company will assess its own strengths and weaknesses, but place particular emphasis on how customers view their products.
The primary purposes of basic research (as opposed to applied research) are documentation, discovery, interpretation, or the research and development (r&d) of methods and systems for the advancement of human knowledge. Types of business research: the two main types are basic and applied research basic research - the basic research is fundamental research driven by a scientist's curiosity the main motivation behind it is to expand his knowledge, not to invent something. Business research publishes high-quality articles covering both traditional fields of business administration and cross-functional, multidisciplinary research that reflects the complex character of business problems of particular interest are articles devoted to developing novel perspectives or. Business ethics is the study of business situations, activities, and decisions where issues of right and wrong are addressed according to raymond c baumhart, the ethics of business is the ethics of responsibility.
Accounting has got a very wide scope and area of application its use is not confined to the business world alone, but spread over in all the spheres of the society and in all professions. The purpose of research can be a complicated issue and varies across different scientific fields and disciplines at the most basic level, science can be split, loosely, into two types, 'pure research' and 'applied research. Understanding the nature of different types of business research will help you use data to maximize your sales and profits reasons for business research business research can help you determine what potential customers want, which can guide you toward development of better products and services. Senior secondary notes 2 module -1 business around us however, even if all human activities satisfy the needs and wants, they dif fer among each other in terms of the purpose for which they are undertaken and the end result.
The nature of research the research process is, for many of us, just the way we do things we research the best buys in cars and appliances, we research book reviews before shopping for books, we research the best schools for our children and ourselves, and we probably perform some kind of research in our jobs. Types of research methods can be classified into several categories according to the nature and purpose of the study and other attributes in methodology chapter of your dissertation, you are expected to specify and discuss the type of your research according to the following classifications. Business is the product of the technological, political-legal, economic, social - cultural, global and natural factors amidst which it functions three features are. Nature and purpose of apple company essays and research papers nature and purpose of apple company apple - technology business apple inc is an american multinational corporation headquartered in cupertino, california, that designs, develops, and sells consumer electronics, computer software, online services, and personal computers.
When business environment is conducive for business organisation such business thrives well and this reduces poverty (aremu & adeyemi, 2011) business improves national image of producing country by producing and exporting quality goods and services to foreign countries. In this paper, the examination of the nature and purpose of human service, the goal of human services, the history of human services, and common intervention strategies are examined finally, the discussion of ethical considerations in the field of human services is examined. This tutorial is a discussion on sampling in research it is mainly designed to eqiup beginners with knowledge on the general issues on sampling that is the purpose of sampling in research, dangers of. Business communication is not an end in itself but a means to achieving professional and personal fulfillment dimensions of self-development: for the sake of a better understanding, we can look upon the human personality as made up of the physical, the intellectual, the emotional and the spiritual side. Research does require some interpretation and extrapolation of results in scientific research, there is always some kind of connection between data (information gathered) and why the scientist think that the data looks as it does.
22 epistemological issues in business research epistemology refers to the nature of the relationship between the researcher (the knower) and it denotes the nature of human knowledge and understanding that can possibly be acquired through different types of inquiry. The purpose of the business is to create and retain the customers the ability to identify and satisfy the customers is the prime ingredient for the business success 8. Nature and scope of research methodology 1 presented by abhijeet birari unit i nature and scope of rm 2 learning outcome students should be able to apply tools and techniques of research for the purpose of management decision making. According to the purpose/aim/objective of the research, the research studies are known as descriptive study: the major purpose of descriptive research is description of a person, situation, institution or an event as it exists.
The nature of business refers to the sector or industry to which a company belongs the nature of business describes what the company does the nature of a business includes many components, including the type of services it provides and how it is formed there are many types of business categories. Exploratory research is defined as the initial research into a hypothetical or theoretical idea this is where a researcher has an idea or has observed something and seeks to understand more about it. The purpose of descriptive research is to describe accurately situations or events, such as the characteristics of a population, a social condition, or a particular topic. Qualification undefined professional as per the need training of the employer 14 nature and purpose of business nature of business: the nature of business is best understood on the basis of its characteristics or features which are as follows: 1.