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NotesBusiness ManagementTopic 4.4Qualitative versus quantitative research
Back to Business Management Topics
4.4.41 min read

Qualitative versus quantitative research

IB Business Management โ€ข Unit 4

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Contents

  • Qualitative vs quantitative research
  • When to use each type

๐Ÿ’ฌ vs ๐Ÿ”ข Qualitative vs quantitative

Qualitative research

Collects opinions, feelings and reasons โ€” the 'why' behind customer behaviour.

  • Methods: interviews, focus groups, open-ended survey questions
  • Gives rich, detailed insights
  • Hard to analyse statistically
  • Smaller samples, more depth

Quantitative research

Collects numerical data โ€” the 'how many' or 'how much'.

  • Methods: surveys with closed questions, sales data, statistics
  • Easy to analyse using graphs and charts
  • Can compare and spot trends
  • Larger samples, less depth
Qualitative = quality of opinions (words). Quantitative = quantity of numbers (stats). Most businesses need both! ๐Ÿ”ค๐Ÿ”ข

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๐ŸŽฏ When to use each type

  • Use qualitative when you need to understand why customers feel a certain way
  • Use quantitative when you need hard numbers to support a decision
  • Launching a new product? Start with qualitative (explore ideas), then quantitative (test demand)
  • Writing a business plan? Quantitative data convinces investors
  • Trying to improve customer experience? Qualitative feedback gives real insights
Exam tip: If a question asks about research methods, mention BOTH types and explain which suits the situation better.

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quantitative market research. [2 marks]

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4.1.1What is marketing?
4.1.2Market and market share
4.1.3Branding and brand awareness
4.1.4Market segments and segmentation
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