May 19, 2012

Professional respondents specifically deals with the finance

The utilization of both types of research methods is more than necessary here because it has a direct contact with the entire result of this thesis. Both of the research methods have been used to analyze the same. In primary research, a questionnaire have been made and distributed among the professional respondents specifically deals with the finance industry or relates to the finance depart of a company. About the secondary research, it can be said that it is also useful. 10 different corporate giants have been selected to analyze their financial cost and what sort of benefits the companies are earning after incurring the regulation cost. There are numerous kinds of researches and it is desirable to include something about all the researches before go into further analysis.

Empirical Research

A research which is a pure output of a research of a person’s experiment without referring the thesis of any person is known as empirical research. Usually Philosopher Doctors (PHD) use to write such thesis which later on becomes a part of the course of a literature. Currently, there are number of PHDs which are engaging them in writing different researches called empirical researches.

By nature, this particular research not belongs to empirical research and it includes the ideas and thoughts of other writers as well.