Question

Question 4
Identify which of the following cases below could be described for the purposes of research: Exploratory, Descriptive, and Hypothesis and please explain your answers.
The manager of a multinational corporation is curious to know if the work ethic values of Ghanaian employees working in Newmont Gold would be different from those of Americans.                                                                    
A bank manager wants to have a profile of the individuals who have loan payments outstanding for 6 months and more. This profile would include details of their average age, earnings, nature of occupation, full-time/ part-time employment status, and the like. The above information might help the manager to decide right away on the types of individuals who should be made ineligible for loans in the future                                        

Answer 1

• The manager of a MNC is curious to know if the work ethic values of Ghanaian employees working in Newmont Gold would be different from those of Americans. When a possible correlation or similar relation between phenomena is investigated it is called hypothesis testing. So, the purpose of research is Hypothesis.
• In exploratory research allows the researcher to gain the most amount of insight on a subject. Next an outside audience will be used for this research to know what is and what is not a productive method of use. The bank manager wants to have a profile of individuals who have loan payments outstanding for 6months and more. The manager will use this information to decide right away on the types of individuals who should be made ineligible for loans in future. So, the purpose of this research is Exploratory.