Managers Should Always Consider the Cost of Research and the Value

question 5

True/False

Managers should always consider the cost of research and the value they expect they receive from conducting the research.

---

Definitions:

Method of Authority

The acceptance of information or knowledge based on the credibility or expertise of the source, rather than on empirical evidence.

A Priori Method

An approach that derives conclusions through logical reasoning rather than from empirical observation, often used in philosophy and theoretical sciences.

Positivist Perspective

A philosophical approach that emphasizes observable, scientific facts as the only credible source of knowledge.

Same Outcome

Refers to the scenario where different methods or processes yield identical results or conclusions.