What Type of Research Design Should a Researcher Use If

question 11

Multiple Choice

What type of research design should a researcher use if he/she wishes to determine conclusively the effect of a change in price on the sales of a particular brand of soap?

• A) Basic research
• B) Longitudinal
• C) Causal
• D) Exploratory
• E) Descriptive

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Definitions:

Limited Liability

A legal structure that limits the financial liability of company owners to the amount they invested, protecting personal assets from business debts.

Shareholder Control

The power exercised by shareholders to influence a company’s decisions, often through voting rights associated with share ownership.

Stock Exchange

A marketplace where securities, such as stocks and bonds, are bought and sold, facilitating the trade between buyers and sellers.

Public Corporation

A company that has issued securities through an initial public offering (IPO) and is traded on at least one stock exchange or in the over-the-counter market.