Highlights
Learning outcomes of this lecture
• Understanding the importance of research
• Ability to comprehend the differences between qualitative research and quantitative research
• Ability to use inductive thinking and deductive thinking appropriately as needed.
While I was working as a statistical analyst for an American company, two organizations were interested in a merger. The bigger company wanted to do a market research before the merger.
• Why do you think a market research is essential?
• We first created a survey and administered it to existing customers, lapsed customers, and non?customers. Why do you think we need to do this?
• We worked on the final deliverable for 2 weeks, and provided comprehensive input
on the company’s market share. Do you think this is an important step?
• What kind of data are usually collected in business research?
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