BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

RESEARCH METHODOLOGY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which statement best describes the nature of basic research?
A
Basic research requires the use of experimentation.
B
The primary purpose of basic research is to facilitate the managerial decision process.
C
Basic research might lead to theory or model building.
D
Because basic research is exploratory, it does not require the use of scientific methodology.
Explanation: 

Detailed explanation-1: -Basic research is performed without thought of practical ends. It results in general knowledge and understanding of nature and its laws. The general knowledge provides the means of answering a large number of important practical problems, though it may not give a complete specific answer to any one of them.

Detailed explanation-2: -Hence, basic research is universal in nature while applied research is limited in nature. Applied research helps organizations and individuals to solve specific problems, unlike basic research that is simply focused on expanding knowledge without providing solutions to existing problems.

Detailed explanation-3: -Applied research is descriptive in nature as it arrives at solutions by experimenting on empirical evidence and describing research outcomes. Usually, applied research tests theories arrived at by pure research in order to determine the usefulness of these theories in solving practical problems.

Detailed explanation-4: -What is basic research? Basic research, or fundamental research, is a type of investigation focused on improving the understanding of a particular phenomenon, study or law of nature. This type of research examines data to find the unknown and fulfill a sense of curiosity.

There is 1 question to complete.