Research Is The Process of Asking Questions About A Subject or Topic, Using Resources To
Research Is The Process of Asking Questions About A Subject or Topic, Using Resources To
One of the most important aspects of research is the statistics associated with it,
conclusion or result. It is about the “thought” that goes behind the research. Research is
conducted with a purpose to understand:
• What do organizations or businesses really want to find out?
• What are the processes that need to be followed to chase the idea?
• What are the arguments that need to be built around a concept?
• What is the evidence that will be required that people believe in the idea or concept?’
Research is the process of asking questions about a subject or topic, using resources to
find the answer, and communicating the findings of your research to others.
Companies do research surveys to measure satisfaction among customers, to ensure that the customer's
needs are being met with current products and to identify consumers that are most likely to use their
products.
Marketing managers and other business professionals analyze data so they fully understand where they
stand versus competitors in sales volume and market share.
A company may also learn more about its key strengths and weaknesses versus competitors.
After fully analyzing all available data, business managers usually will list possible alternatives for
harnessing strengths and overcoming weaknesses. These alternatives eventually will need to be
winnowed down to one viable solution or alternative. The goal of this solution will be to better satisfy key
customers, increase distribution or whatever it takes to improve the company's sales and profits.
Decision Making