What are the primary classifications of research? Explain with the help of examples.

Research is a systematic process of collecting, analyzing, and interpreting information to increase understanding of a phenomenon. In the field of business, research plays a vital role in decision-making, problem-solving, and strategy formulation. Research can be classified into various categories based on different parameters. The primary classifications of research are explained below with relevant examples.

1. Based on the Purpose of Research

a) Basic Research

Basic research, also known as fundamental or pure research, aims to expand the existing body of knowledge by exploring theoretical concepts and principles. It focuses on understanding underlying phenomena without immediate practical applications. This type of research is driven by curiosity and the desire to gain new insights.

Example:

• A study on consumer behavior theories to understand how emotions influence purchasing decisions.
• Research on leadership styles and their impact on organizational culture without focusing on a specific company.

b) Applied Research

Applied research aims to solve specific problems or address practical issues. It is conducted with a direct application in mind and focuses on finding solutions that can be implemented in real-world scenarios.

Example:

• Research on customer preferences to develop a new product line.
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