Podcast
Questions and Answers
What is a common starting point for a research endeavor?
What is a common starting point for a research endeavor?
According to Redman and Mory, research is primarily focused on:
According to Redman and Mory, research is primarily focused on:
Which author emphasizes the importance of defining and redefining problems in research?
Which author emphasizes the importance of defining and redefining problems in research?
What is NOT a step mentioned by Clifford Woody in the research process?
What is NOT a step mentioned by Clifford Woody in the research process?
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In research, what is the purpose of testing conclusions in a careful manner?
In research, what is the purpose of testing conclusions in a careful manner?
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What is research aimed at achieving?
What is research aimed at achieving?
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What is the definition of research according to Stephenson in the text?
What is the definition of research according to Stephenson in the text?
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Which of the following best describes marketing research?
Which of the following best describes marketing research?
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What is a crucial part of the market research process mentioned in the text?
What is a crucial part of the market research process mentioned in the text?
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What is one of the main goals of market research mentioned in the text?
What is one of the main goals of market research mentioned in the text?
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How can market research be used based on the information provided?
How can market research be used based on the information provided?
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What type of knowledge can research help to extend, correct, or verify according to the text?
What type of knowledge can research help to extend, correct, or verify according to the text?
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Study Notes
Definition of Research
- Research is a methodical approach to investigation with the aim of gaining knowledge and discovering solutions to problems.
- According to Redman and Mory, research is a methodical effort to acquire new information.
- Clifford Woody defines research as defining and redefining problems, developing hypotheses, collecting and evaluating data, drawing deductions, and testing conclusions.
Characteristics of Research
- Research involves the manipulation of things, concepts, or symbols to generalize, extend, correct, or verify knowledge.
- It is a systematic process that involves a series of steps to arrive at a conclusion.
Marketing Research
- Marketing research is conducted to learn more about potential customers and their preferences.
- It involves getting feedback from actual customers to gain insights into their needs and preferences.
- The main goal of market research is to analyze the market and understand how consumers will respond to a product or service.
- Market research is used to adapt marketing and advertising campaigns, identify the features customers value most, and determine which features are essential in a service.
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Description
Test your knowledge on different definitions of research by various authors and management experts. Explore the fundamental concept that research begins with a question or a problem and involves methodical and scientific processes to discover solutions.