Information asymmetry is a phenomenon that exists when one party involved in a transaction has more information than the other party. This can occur in various situations, including financial markets,…
Principal-agent conflicts are a common occurrence in the business world, and they can have significant consequences for all parties involved. These conflicts arise when a principal hires an agent to…
When you come up with a new idea or want to solve an existing problem, it is possible that the answer will be found by directly addressing the problem. If…
When you have a great idea for a business, it can feel like the world is your oyster. You've identified a gap in the market, you know exactly how you…
Welcome to post where we are trying to write research in business administration or marketing. In our previous post, we have tried to write a little bit of introduction to…
Given the highly competitive environment of today’s marketplace, seeking a sustainable competitive advantage has become a top business concern. Unlike in the past, where creative marketing initiatives were sufficient to…
There are major differences between the two fundamental types of research, including: Respondent differences;Sample and sample size differences;Content differences; Respondent differences: As was stated in the definition, B2B market research…
In this mysterious world, there are different types of people. Due to individual differences, all people differ in terms of their way of thinking, beliefs, etc. People’s attitudes toward the…
Professor Fisher has enumerated three principles of experimental design. 01. The Principle of Replication, 02. The Principle of Randomization, and 03. The Principle of Local Control. An experiment’s quality is…
Experimentation or experimental research is one in which independent variables are manipulated to determine their effect on the dependent variable. The main objective of experimental research is to access the…
Nonresponse error is always a potential problem with mail surveys. Individuals who are interested in the general subject of the survey as more likely to respond than those with less…
In survey research, it is common to have errors. Survey errors may arise from different sources. Broadly, we can classify these errors into two types. Types of error in survey…
Data is everywhere and it is the key to unlocking insights that can help businesses make informed decisions. While primary data is collected using surveys or interviews, secondary data is…
A research proposal has several components. The components may vary passed on the types of research. But in general, a research proposal may have the following components: Executive summary or…
The research process consists of a series of steps necessary to carry out the research efficiently & effectively. The research process may vary based on the types of research. But…
Business research is undertaken to reduce uncertainty and give more focus on decision making. In more unaware of a business problem. Alternatively, someone may be scanning the environment for opportunities.…
This is an age of information. In this competitive business world, knowledge & information is considered the key source of competitive advantage. Research is a systematic investigative process employed to…