Understanding Business Research Terms and Concepts

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Understanding Business Research Terms and Concepts Part II Diane Valero RES/351 August 5, 2013 Kim Gravelle Understanding Business Research Terms and Concepts Part II Which type of research design— exploratory, descriptive, or causal—is appropriate for the following examples? Explain why. * The goal of this research is to discover the real nature of the problem and to suggest new possible solutions or new ideas. Exploratory – By eliminate the real nature of the problem and to suggest new possible solutions or ideas. * A food manufacturer wants to know the demographics of people who purchase organic foods. Descriptive – This form describes the users of the product. * A firm is considering hiring American celebrity Paris Hilton to endorse its products. Causal – This example uses Ms. Hilton’s celebrity endorsement for the cause and effect relationship. * British Airways would like to test in-flight Internet services on one of its regular flights from New York to Tokyo. The company charges $30 one week and $15 the next week. Causal – This form of research is seeking for a cause and effect relationship by testing the services offered by British Airways via the internet. * This type of study attempts to discover answers to the following questions: who, what, when, where, or how much. Descriptive – When you describe the users of the product or services, you are also defining questions. * A manufacturer investigates whether consumers will buy a new pill that replaces eating a meal. Exploratory – This example is the collection of data using a study to form a hypothesis. * Cosmopolitan magazine sends out a cover in selected markets featuring a female model to half of its readers and a cover with a female and male model to the other half of its readers to test differences in purchase

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