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Introduction:
Business research is an important for decision making for hundreds of organizations across the world. Through there are many definitions of research design there is no definition that covers all activities and aspects of research design. Research is a systematic enquiry aimed at providing information that will solve managerial problems. Business research is defined as systematic enquiry that provides information to guide business in decision making. It is relatively new concept, compared to research on varied areas such as social sciences research. nlike the latter, which are supported financially by the state, business research is largely supported by business establishments. Business research results are deemed highly confidential, as any leakage of information may lead to severe losses to companies that have conducted the research.
E#p$oratory Research:
It includes techniques like secondary data analysis, e$perience surveys, focus groups and two stage designs. It is an initial research which analysis the data and investigates the possibility of obtaining as much relationship as possible between different variables without knowing their end ob*ective. This means that a general study will be conducted without having any specific end ob*ective e$cept to establish as many relationships as possible between the variables of a study.
E#peri%enta$ Research:
It is design to assess the effects of particular variables on a phenomena by keeping the other variables constant. The factor which is influenced by other factor is called is called a dependent variables and the other factors which influenced it are known as independent variables.
E#a%p$e: !gricultural productivity i.e. (rop yield per hectare is a dependent variable
and the factors such as soil fertility, irrigation, quality of seed, manuaring and agricultural practice which influences the yield are independent variables.
Descripti&e Research.
! descriptive research is carried out with specific ob*ective. This research rise to describe the characteristics of the responding in relation to a particular product.
E#a%p$e: (onsider T./ as a product the degree of use of T./ varies with respective to
age, se$, income level and a profession of responded as well as place, time, and use.
"asua$ Research:
The basic aim of casual research is to identify the cause and effect relationship between variables. It is therefore essential for researchers to have a through knowledge of the sub*ect area of research.