Scientific Method of Business Research
Not what you're looking for?
Describe the scientific method of business research. Be sure to identify the key components, providing examples of each. Use external sources to support your answer (APA style) document your sources; you are to answer them in as much detail as possible. You should support your answers from the literature.
Purchase this Solution
Solution Summary
Discusses the scientific method of business research.
Solution Preview
The scientific method of business research differs from the typical scientific method of research because of several factors germane to business management. Success of businesses is predicated upon managerial decisions wherein time management is the basic requirement. Therefore, management problems require timely solutions and decisions. The scientific method entails systematic study, based on theory and facts, universality or generality, objectivity of observation, predictability of results, and verifiability of the phenomenon. These formalities and procedures are time consuming and many businesses are unable to afford the time necessary for this type of research (Mbaknol, 2012).
Therefore, the scientific method in business research is based upon the scientific method that empirically tests a hypothesis. ...
Education
- BS, Sam Houston State University, 1903 University Avenue, Huntsville, Tx 77340
- MS, Prairie View A&M University
Recent Feedback
- "awesome"
- "awesome"
- "Awesome appreciate the assistance."
- "Thanks awesome. more to follow"
- "awesome, Thanks for the assistance"
Purchase this Solution
Free BrainMass Quizzes
The Transatlantic Slave Trade
Basic quiz about the Transatlantic Slave Trade.
Ancient Ghana
This quiz tests students' knowledge about the ancient kingdom of Ghana (Africa).
The U.S. Constitution
How much do you know about the U.S. Constitution? Test your knowledge with this short quiz!
African Nationalism and Independence
Students can test their knowledge about African nationalism and independence.
Vocabulary Quiz: Europe
Quiz yourself with basic vocabulary related to Europe! These questions are important for understanding history in social studies.