Crude oil prices Essay Example | Topics and Well Written Essays - 500 words

Crude oil prices - Essay ExampleAfter adopting qualitative explore method, there should be quantitative approach. The ideal researcher uses the combination of methods. At first, the qualitative approach should be followed.There are many methods to get the required information, the important things that should be kept in opinion while gathering information are, the information should be practical, cost-effective, accurate, credible to the decision makers and the nature of the audience ratify to the methods. This is the primary phase of research.After getting the required data qualitatively some conclusions are displace from the data the results are tested on a larger scale by taking statistical analysis. This is the quantitative research also termed the secondary phase of research.There are many ways to compile a data qualitatively they are Questionnaires, checklists and surveys the aim of this method is to get the information quickly the reinforcement is the identity of the res pondent depose be protected lots of data can be collected. However, in this method clear feed back cannot be obtained.Interviews the aim is to understand the individuals experiences and impressions, the advantages are in-depth information can be obtained a relationship with the client can be established. This process can be clock time consuming, costlyThe