Day: July 8, 2024

Research into products which have obvious commercial or practical use is called?

Select ONE answer:

1. Market research
2. Pure research
3. Applied research
4. Process research

Show your workings to arrive at your answer, and explain and justify your reasons:

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This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 3

1. Not correct
2. Not correct
3. Correct –> the market itself, not the product, while process research (4) is into processes rather than products. The aim of pure research (2) is to obtain new scientific or technical knowledge or understanding. There is no obvious commercial or practical end in view
4. Not correct

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