Research can be ..... that must be changed
for profitable business ...
1. material
2.Money
3. information
4 . all of the above
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4. all of the above is correct one
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Research can be information that must be changed for a profitable business.
- They are two types of business research one is basic research and one is applied research.
- Basic research is done to understand a problem or an opinion through face to face conversations. This type of research does not have an immediate commercial objective.
- For example, if we do research about the reason behind people starting to consume tobacco. This is a type of basic research where we can gain information which can be converted into a business model.
- The information collected should be analysed and a proper decision should be taken in order to start a business.
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