The term “formal research” traditionally refers to conducting an experiment under controlled conditions in order to discover, demonstrate or test a…

The term “formal research” traditionally refers to conducting an experiment under controlled conditions in order to discover, demonstrate or test a hypothesis. On the other hand, a “business proposal” is considered the systematic gathering of information with the intent of arriving at an optimal solution for a given problem or situation. Each one has its application and value in the business setting, yet there are also attributes that are unique to each one.For the first part of this assignment, compare and contrast the theoretical and practical differences between “formal research” and “business proposals”. What are some commonalities? What are some differences? What are the capabilities of one in contrast with the capabilities of the other? Use sources available on the web, the library from the textbook to support your arguments and remember to include these sources in the references section of your paper.

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