Unit iii dq | Business & Finance homework help
The difference between a research methodology and a theoretical perspective is that the former refers to the approach taken in conducting an investigation while the latter provides context for interpreting results. Research methods are used to gather evidence or data about a particular topic, such as surveys, experiments, and interviews, whereas theoretical perspectives are based on existing knowledge related to a specific field of study.
For example, when studying political science one might take an ideological stance which can inform their interpretation of events while also providing insight into how power is distributed throughout society accordingly. On the other hand, when analyzing economic trends certain theories like supply-and-demand may be used in order to better understand how markets function over time.
Therefore, understanding both research methodologies and theoretical perspectives helps researchers gain a better grasp of any given situation thus allowing them to make informed decisions moving forward. Ultimately, having this knowledge enables individuals to develop hypotheses which can then be tested further through various approaches as needed effectively ultimately leading towards greater understanding overall.