basic research does not have to be carrie

Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter22: Getting Divisions To Work In The Firm’s Best Interests
Section: Chapter Questions
Problem 22.6IP
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The main distinction between applied and basic business research is that:
a.
basic research does not have to be carried out in a scientific manner
b.
basic research undertaken to make a contribution to existing knowledge, whereas applied research is undertaken specifically to solve a current problem
c.
applied research is aimed at solving a currently problem, whereas knowledge gained by the findings of basic research cannot be applied by organizations to solve their own problems
d.
none of the above
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