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Business Research Methods (1)

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Business Research Methods (1)

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  • June 22, 2024
  • 2
  • 2023/2024
  • Exam (elaborations)
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Business Research Methods
What is qualitative research? - correct answer-allow researcher to provide
elaborate interpretations of phenomena without depending on numerical
measurement (unstructured responses, discover true inner meanings and new
insights)

Qualitative research uses - correct answer-when difficult to develop specific
decisions, objectives

Research Objective - correct answer-to develop an in-depth understanding of
some phenomena, learn how it occurs in its natural setting

Quantitative business research - correct answer-Descriptive and causal
(numerical measurement, stat analysis)

Qualitative business research - correct answer-exploratory (small vs large
samples, broad range of questions, subjective interpretation)

whats better qual or quant - correct answer-it depends

Qualitative (pros) - correct answer-lower cost, easier to get at motivations and
feelings, can improve later quantitative

Qualitative (cons) - correct answer-small samples (not representative), greater
subjectivity, can't pick out small differences

focus group intereview - correct answer-instructured, free flowing interview
with small group (6-10 ppl) led by a moderator who encourages dialogue
among respondants

Focus Group (pros) - correct answer-fast, easy, piggyback off others ideas,
flexibly for more detailed descriptions

focus group respondents - correct answer-6-10 ppl, homogenous, similar
lifestyles and experiences

moderator - correct answer-leads focus group interview and insures that
everyone gets a chance to speak and contribute to the discussion

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