This document provides an overview of research, including definitions of research, the nature and types of business research, and differences between qualitative and quantitative research methods. It discusses scientific research processes and characteristics. The key points are:
- Business research is defined as the systematic and objective process of generating information to aid decision-making. It can describe efforts to investigate and solve specific problems encountered in business settings.
- There are differences between qualitative research, which focuses on depth, meaning and subjectivities, and quantitative research, which relates to numbers that can be quantified.
- Research should be undertaken when time allows, information is inadequate, decisions are important, and research benefits outweigh costs. Ethical considerations like informed consent,