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In a Short Essay,describe the Three Main Types of Research

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Essay

In a short essay,describe the three main types of research that could be conducted by an entrepreneurial venture,with the knowledge that a venture could be involved in any one of the three and not necessarily all of them at any one time.Please provide a clear example (or scenario)that illustrates each of the three types.


Definitions:

Confidence Index

A measure often used to gauge the sentiment or optimism among investors about the future economic outlook.

Short Interest

The aggregate amount of a specific stock's shares that investors have short sold and are yet to close or cover.

Diminishing Marginal Utility

A principle stating that as a person increases consumption of a product, there is a decline in the additional satisfaction a person gains from consuming one more unit.

Prospect Theory Loss Aversion

A concept from behavioral economics indicating that people feel the pain of losing money more acutely than they feel the pleasure of gaining the same amount.

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