The application of the scientific method to attempt to find the truth about some business activity is called: a.performance-monitoring research. b.business research. c.production-oriented research. d.basic research.

Explanation: Business research is the application of scientific method in searching for the truth about business phenomena (defining business opportunities and problems, generating and evaluating ideas, etc).

Business research is done with an aim of providing executives and management with detailed information of all the business areas such as finance, target market, sales and so on inorder to make rational business decisions.

Martebi Martebi · Answer 2 · 2021-11-23T12:34:57+01:00

The application of the scientific method to attempt to find the truth about some business activity is called business research.

Business research is simply known as the act of getting good and detailed information in all the angles of business and then use the information obtained in maximizing the sales and profit of the business.

This type of research helps firms to know which product/service is most profitable or in demand.

A good example of business research is gathering purchase or sale information and giving a detailed report on the marketing and sales of the product.

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