Research That Is Intended to Bring About Direct Benefit to Humankind

question 31

Multiple Choice

Research that is intended to bring about direct benefit to humankind is

• A) biopsychological research.
• B) pure research.
• C) case-study research.
• D) applied research.
• E) correlational research.

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Definitions:

Payback Method

An investment appraisal technique that calculates the time required to recoup the cost of an investment.

Project Analysis

The process of evaluating the viability, profitability, and risks associated with a proposed project before proceeding.

Arbitrary Cutoff Point

A subjective point or threshold determined without any criteria based on clear or objective reasons, often used in decision-making processes that lack a clear rationale.

Payback Method

A capital budgeting technique that calculates the time required to recoup the original investment through its cash flows.