Business & Finance Homework Help | Business & Finance homework help
A research method is a way of conducting an investigation, while a theoretical approach provides context to interpret results. Surveys, interviews and experiments are all examples of research methods that are used to collect data or evidence about a topic. Theoretical perspectives, on the other hand, are built upon existing knowledge in a certain field.
If you are studying politics, your ideological perspective can influence how you interpret the world and provide insights into power distribution in society. When analyzing trends in economics, certain theories such as supply and demand may be applied to help better understand the evolution of markets.
Understanding both the research methodology and the theoretical perspective helps researchers to gain a deeper understanding of any situation, allowing them make better decisions going forward. This knowledge allows individuals to create hypotheses that can be further tested using various methods as required.