What is the difference between qualitative and quantitative research?

Study for the Entrepreneurship and Small Business Certification Exam. Use quizzes and flashcards with hints and explanations. Prepare well for your test!

The distinction between qualitative and quantitative research is fundamentally based on the nature of data each type collects and analyzes. Qualitative research is primarily focused on understanding subjective experiences, feelings, and opinions. It aims to provide deeper insights into human behavior and the reasoning behind it, often using methods such as interviews, focus groups, and open-ended surveys. This approach allows researchers to explore themes, patterns, and narratives that offer a rich understanding of the subject matter.

On the other hand, quantitative research is centered around numerical data and seeks to quantify variables and relationships between them. It employs statistical methods to analyze data, allowing for objective measurements and comparisons. This approach enables researchers to identify trends, conduct hypothesis testing, and draw conclusions that can be generalized to larger populations.

The understanding of this difference is crucial for entrepreneurs and small business owners, as it helps them choose the appropriate research method based on their specific objectives—whether they are seeking to understand customer perceptions in depth or wishing to quantify market trends and performance metrics.

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