Topic:Business research
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Business Research is very critical in understanding the issues involved in running of business. The key steps are:
1. Scoping of the study 2. Framework design 3. Collection of information - Primary and Secondary sources 4. Analysis of collected information 5. Synthesis and inference
The most time consuming aspect of Business Research is data collection. Technology has played an important role in cutting the efforts as well as cost involved in doing data collection. With exponential growth in information available through internet, secondary research has taken new dimensions. Geographic and language boundaries are also getting eliminated.
