The First Step in the Research Process Is ____

question 1

Multiple Choice

The first step in the research process is ____.

• A)​identifying an idea and searching the literature to form the research question
• B)​forming a testable, refutable hypothesis based on current theories
• C)deciding which individuals should participate and how they should be recruited
• D)​selecting a research and analytic strategy based on what is typically used

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Definitions:

New Machine

Refers to the acquisition of a new piece of equipment or machinery intended to increase productivity or efficiency in a manufacturing or operational process.

Payback Period

The amount of time it takes for an investment to generate an amount of income or cash equivalent to the cost of the investment.

Investment

The allocation of resources, such as capital, time, and effort, in something to earn a return or achieve a goal.

Present Value

The present worth of a future amount of money or series of cash flows when discounted at a certain rate of return.