Saturday, May 2, 2020

What is the need of Research in Business and Social Sciences.

Q. What is the need of Research in Business and Social Sciences.

Answer -


1) Social science research provides authentic information to the people that are scientifically proven so that end users can rely on it.

2) Social science research helps companies areas -
i) It helps healthcare sector to find cause of diseases 
ii) It helps in aviation industry to get info about travel patterns
iii) It helps service industry to understand customer satisfaction.

3) Business research is defined as systematic & objective process of generating, recording & analyzing data for aid in making business decisions.

4) It is designed as aid to managerial decision not substitute for it.

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