answersLogoWhite

0


Best Answer
  • Business research is almost always applied research. This means that it is problem-oriented with the objective of obtaining information to help solve a specific business problem or make a decision.
  • Business research tends to have a time limit. It makes little sense to gather information about a decision that was made three weeks ago or to get information next week that we need today. Information is highly perishable. It gets old and useless very quickly. Like fish, if you don't consume it when fresh, it loses a lot of its flavor-and starts to smell bad!
  • Business research is done in an environment in which conditions change rapidly. The answers to research questions asked today may very well differ from the answers to the same questions obtained yesterday. In those areas where the manager needs to "stay in tune" with the changing landscape, the same research questions might need to be asked repeatedly. Successful organizations develop a culture where constant research is an integral part of their operation.
User Avatar

Wiki User

βˆ™ 12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Scope and objectives of business research?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the research objectives of international business research?

objective of the business reseach


What is better an BA in business management or business administration?

Its not a question of better, but different. You should research the scope of both so that you can make the best decision particular to yourself and your overall career goals and objectives.


Scope of operational research?

Operational research will help businesses improve their business operations. Researching efficient business operations will improve the business's performance within the industry.


What is the difference between scope and objectives?

scope is why to do and objective is how to do


What is content scope of study?

The content scope of study refers to the specific topic or subject matter that will be covered in a particular research project or academic discipline. It outlines the boundaries and focus areas of the study, defining what will be included and excluded in the research analysis. Defining the content scope helps researchers narrow down their research objectives and ensure a clear direction for their study.


Define research proposal?

A research proposal is a detailed plan that outlines the objectives, methodology, scope, and timeline of a research project. It provides a blueprint for the study and helps to convince others of the value and feasibility of the research.


Scope of action research on teachers?

action research scope


What are the Essential characteristics of objectives?

The objectives of any good business research should be how to better promote your business in an economically sound manner and to increase the businesses net profit, exposure, and ensure its continuity. In this day and age, that also means in an environmentally conscious fashion while also considering social factors. Having these objectives defined helps to determine the characteristics of good business research.


What is scope of business economics?

what is a scope of business


What is scope of the study?

The scope of the study refers to the boundaries within which the research will be conducted. It defines the specific objectives, research questions, variables, and limitations of the study. It helps researchers focus on a specific area of interest and ensures that the research remains manageable and feasible.


What are the nature and scope of legal research?

What is the nature and scope of educational research?Read more: http://wiki.answers.com/Q/What is the nature and scope of educational research#ixzz2T3C7IyRa


Criminology What is the first step in doing research?

The first step in doing research in criminology is to identify a research topic or question that you want to explore. This involves defining the scope of your study, outlining your objectives, and establishing the purpose of your research. This will guide the rest of your research process and help you stay focused on your goals.