The term Research is the composition of two different terms “Re” and “Search”. Therefore the research can be defined as the set of activities which searches anything for some new facts that is already conducted in past. In fact research is not only the exploring the previous facts but it is also the process of generating new theory that can solve the problem relating to the society and any business transaction. It is considered to be systematic and intensive process of doing a scientific analysis to search for knowledge. It is a problem solving and fact finding method. It is systematic and objective analysis that may lead to the generalization of principles. Research in management is defined as a systematic inquiry that provides information to guide managerial decisions.
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