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Things to Know about Your Research Firm by Aneesh Marmore





Article Author Biography
Things to Know about Your Research Firm by
Article Posted: 10/07/2013
Article Views: 75
Articles Written: 3
Word Count: 411
Article Votes: 0
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Things to Know about Your Research Firm


 
Finance & Investment

Researches and studies about the particular markets, industries and businesses, like GCC infrastructure investment, are very important for lots of companies in order to come up with good or sound investment decisions. They use these as critical sources of information so that they would have an idea where they can put their money. However, not all companies can afford to do this in-house. Hence, what they do is to outsource this or to subscribe and pay for the services and products of independent think-tank research companies. If you are planning to do the same, the following are the basic things you must look out for.

Fields of Research

Firstly, one of the important things that you need to look out for from a research company is the array of fields of studies that they can offer. This is about their flexibility in providing relevant studies that will be suitable to what you need. For example, if you are into the aviation industry, you might be interested about a market analysis that tackles GCC aviation service. Aside from that, other fields of study may include activities and industries involving the Middle East and North African (MENA) economies.

Analysis and Methodology

Secondly, you should also look into how the research agency do their analysis and study. This is specifically about their methodology. There are some researchers who have the tendency to become biased when giving their analysis. This tendency has to be addressed in order to have a more objective point of view. This is because it is also related to the reliability of the data or information. For example, if you will read a study about GCC infrastructure investment, it has to be balanced since you will use it as basis for your decision. It is in this light that quantitative analysis is valuable because numbers do not lie.

Expertise and Competence

Thirdly, but not the least, the aspects of expertise and competence are also important when reading market research. This is particularly about the background of the members of the research team in order for them to carry out quantitative analysis and interpretation credibly. For instance, if you are reading a GCC aviation service study, then you need to be assured that the ones who created the report have the technical background for them to come up with their comments and views. This is also extremely important, most especially if you are looking for a quantitative report.

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