Business research helps management in making better decisions. Relevant information about consumers, employees, or competitors might be good to have, but its value is limited if the information cannot be applied to a critical decision. State whether true or false.

True

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False

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Solution

The correct option is A True
Business research is a process of acquiring detailed information of all the areas of business and using such information in maximizing the sales and profit of the business. Such a study helps companies determine which product/service is most profitable or in demand.
Business and management research is a systematic inquiry that helps to solve business problems and contributes to management knowledge. It Is an applied research.

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