Business Research: Definition, Methods, Types and Examples Content Index Business research: Definition Business research: Types and methodologies Quantitative research methods Qualitative research methods Advantages of Business research Disadvantages of Business research Importance of Business research Business research: Definition Business research is a process of acquiring detailed information of all the areas of business and using such information in maximizing the sales and profit of the business. Such a study helps companies determine which product/service is most profitable or in demand. In simple words, it can be stated as the acquisition of information or knowledge for professional or commercial purpose to determine opportunities and goals for a business. Business research can be done for anything and everything. In general, when people speak about business research it means asking research questions to know where the money can be spent to increase...