RESEARCH METHODOLOGY

METHODS OF RESEARCH

PRACTICAL RESEARCH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Identify if the statement is TRUE or FALSE:Quantitative research is very valuable tool in business when it is used intelligently.
A
TRUE
B
FALSE
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -TRUE: Quantitative research transfers numerical data into statistical analyses. Qualitative research requires less interaction with respondents. Qualitative research requires less interaction with respondents. Quantitative Research findings can be applied to other population.

Detailed explanation-2: -The benefits of quantitative research for small businesses. Quantitative research gives busy entrepreneurs the ability to collect large volumes of data quickly and efficiently, providing a generalised view of your target demographic beyond your survey participants.

Detailed explanation-3: -Quantitative research is all about numbers. It uses mathematical analysis and data to shed light on important statistics about your business and market. This type of data, found via tactics such as multiple-choice questionnaires, can help you gauge interest in your company and its offerings.

There is 1 question to complete.