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What Are Business Research Methods

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Business Research Methods
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Business Research Methods
Question One
The World Trade Organization (WTO) unique set of rules and guidelines established for place-name products are known as the Geographical Indication (GI). Rogers (2016) defines the mentioned regulations as a form of legal protection, which reserves the use of a specific place name in association with a particular product name for a product that genuinely comes from that location. Moreover, GI confers something distinctive to the specified product. Ideally, GI is codified into the WTO language to refer to a variety of systems that aim at ensuring the accurate use of geographical place names that suggest a positive reputation to a …show more content…

Table 1
Canadian Agricultural Produce Trade (In US$ million) 2014 2015 Difference
Domestic Exports 41,283.26 44,509.08 +3,225.83
Imports 31,569.44 34,812.11 +3,242.67
Trade Balance 72,852.70 79,321.20 +6,468.50
(World Trade Organization [WTO], 2017).
From the table, the difference between Canada’s 2014 and 2015 worldwide agricultural produce exports is US$ 3.225 million.
Question Five
Dewey defeats Truman” was the headline of the Chicago Tribune that was inaccurately published in 1948 declaring the victory of Governor Dewey, the Republican candidate over Harry Truman, the Democratic incumbent. In essence, the headline was guided by Gallup’s quota sampling, which had accurately predicted previous presidential elections results in 1936, 1940, and 1944. According to Erikson and Tedin (2017), the mentioned pollster projected that the Republican presidential candidate would defeat the incumbent. Moreover, the opinion-poll firm was so confident of Dewey’s victory that it stopped polling during the last few weeks of the campaign. Similarly, nearly all political observers regarded the outcome as certain. However, contrary to expectations, the incumbent defeated Dewey narrowly by 49.5% of the popular vote against the latter’s 45% (Waller, 2017). Ideally, Gallup and other pollsters were misguided by the quota-sampling

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