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Business Research Design

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Business Research Design
The design is the backbone of almost any endeavor. It provides direction and systematizes the research. Different types of research designs have different advantages and disadvantages. The method chosen will affect the results as well as how any findings are to be concluded. There are two main approaches to a research problem; quantitative research and qualitative research. Which one a business owner chooses to use is dependent on the aims of the research as well as the nature of the problem.
Quantitative Research is defined as the precise count of some behavior, knowledge, opinion, or attitude. Qualitative Research is defined as interpretive techniques that seek to describe, decode, translate, and otherwise come to terms with the meaning not the frequency of certain phenomena (Cooper & Schindler, 2011). Quantitative research tells a manager what happens and how often, it focuses on describing, explaining and predicting. It also studies a large sample size and provides objective and precise information. Qualitative research, on the other hand, studies a small sample size, builds but rarely tests theory, and it is more subjective; it tells a manager how things happen and why. "Qualitative research aims to achieve an in-depth understanding of a situation" (Cooper & Schindler, 2011, Chapter 7). Maybe the business pressure to find quick resolutions to problems forced managers to rely on quantitative research more than qualitative. However; an increasing number of managers are relying on qualitative research to make business decisions as quantitative research fails to provide the insight needed to make those decisions.
Quantitative research is conducted with all subjects being asked the same questions and given the same response categories. Qualitative research is done by observing the subjects or conducting in-depth interviews

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