Which of the Following Statements About Basic and Applied Research

question 404

Multiple Choice

Which of the following statements about basic and applied research is true?

• A)Basic research is less complex and less sophisticated than applied research.
• B)Basic research is done to solve practical problems while applied research is done simply to increase knowledge.
• C)Basic research is done simply to increase knowledge while applied research is done to solve practical problems.
• D)Basic research and applied research have the same goals but are completed by different researchers.

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Definitions:

Unique Value

Unique value denotes the exclusive benefits or features that make a product or service stand out from its competitors.

Environmental Forces

External factors such as social, economic, technological, and political conditions that influence an organization's or industry's performance but are beyond its control.

Competitive

Relating to, characterized by, or based on the principle of competition, where entities vie for dominance in a market or field.

Regulatory

Pertaining to rules, laws, or guidelines formulated by governmental or authoritative bodies to control or govern conduct and practices in various fields such as finance, health, and safety.