Briefly compare the two different types of research

What will be an ideal response?


Research can be classified as qualitative or quantitative. Qualitative research is designed to identify and interpret information through the observation of people; this type of research is usually subjective. Quantitative research is usually more objective. Quantitative research involves collecting a large number of responses using a standardized questionnaire, so that results can be summarized into numbers for statistical analysis. Qualitative research techniques include focus groups, structured interviews, and ethnographic research. Quantitative research techniques include survey information collected in person or through the telephone, mail, or Internet.

Business

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Maria is flagged as a special customer at your firm because she is a satisfied customer, returns to your company to buy, puts her reputation on the line to tell others about you, and convinces others to purchase from you, which suggests she is on the ________ rung of the loyalty ladder.

A) word of mouth/buzz B) repeat purchase C) satisfaction D) evangelism E) ownership

Business

Which of the following is not true about organizational structure?

A. All of the company's managers work within the context created by this structure. B. It refers to the way that an organization formally arranges its various domestic and international units and activities, and the relationships among these organizational components. C. It refers to the informal organization among an organization's units and activities. D. It is primarily created and evolved by senior management. E. It helps to determine where formal power and authority will be located within the organization.

Business

Calculate the finance charge and monthly payment for the following loan using the APR tables, Table 13-1 from your text, rounding dollars to the nearest cent. Amount Number of  Table Finance Monthly Financed Payments APR Factor Charge Payment $1,250 18 12.5%

What will be an ideal response?

Business

On January 1, Year 2, Kincaid Company's Accounts Receivable and the Allowance for Doubtful Accounts carried balances of $69,000 and $2500, respectively. During Year 2, Kincaid reported $180,000 of credit sales, wrote off $1600 of receivables as uncollectible, and collected cash from receivables amounting to $210,100. Kincaid estimates that it will be unable to collect one percent (1%) of credit sales.What effect will the entry to recognize the uncollectible accounts expense for Year 2 have on the elements of the financial statements?

A. Decrease total assets and increase retained earnings. B. Decrease total assets and net income. C. Increase total assets and decrease net income. D. Increase total assets and retained earnings.

Business