To begin with a business research, it should be made sure that the question asked is valid and fair and relates directly to the need for information. Clear research objectives must be stated. A systematic data collection technique should be adopted, keeping in mind the sample population.
Moving ahead is the data analysis section where the gathered data should be evaluated carefully in a sequential manner. The assessment of this data would define the validity of the research results. For example, the critical technological advancements should not be overlooked while determining the range of new technologies to invest in as these inaccuracies will lead to a poor investment decision.
One important attribute about business research is that the business related issues and problems cannot be narrowly linked to a single academic discipline like chemistry. There are many different academic disciplines like mathematics, sociology, economics, politics, history and language that can be classified under business.
