BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -The exploration of new phenomena in this way may help the researcher’s need for better understanding, may test the feasibility of a more extensive study, or determine the best methods to be used in a subsequent study.

Detailed explanation-2: -An exploratory design is conducted about a research problem when there are few or no earlier studies to refer to or rely upon to predict an outcome. The focus is on gaining insights and familiarity for later investigation or undertaken when research problems are in a preliminary stage of investigation.

Detailed explanation-3: -Qualitative research is a process of naturalistic inquiry that seeks an in-depth understanding of social phenomena within their natural setting. It focuses on the “why” rather than the “what” of social phenomena and relies on the direct experiences of human beings as meaning-making agents in their every day lives.

Detailed explanation-4: -Quantitative methods may be better for understanding what is happening, while qualitative methods may be better for understanding the hows and why of a phenomenon. Video 2.3. 1. Types of Research explains the difference between qualitative and quantitative research.

Detailed explanation-5: -Exploratory research is often used when the issue you’re studying is new or when the data collection process is challenging for some reason. You can use exploratory research if you have a general idea or a specific question that you want to study but there is no preexisting knowledge or paradigm with which to study it.