Probability Sampling Techniques

Before understanding probability sampling techniques, one must know the difference between sample and sampling. Sample is the subset of population which represents the population whereas sampling is the process of selecting subset from population. Now, there are two...

Overview of Research Methodology

Research is also recognized by numerous other terms such as: collaborative inquiry, emancipatory research, participatory research, contextual learning and action research; but all are disproportion on the subject. Basically research is learning by doing. A group of...

Internal Rate of Return (IRR)

Some firms calculate the net present value NPV of a project for knowing its work and few firms prefer to calculate the internal rate of return (IRR) to know whether project’s return is lower or greater than the opportunity cost of given project’s capital. For example,...

Literature Review of Management Research

There are few important things which must be considered for the purpose of writing a literature review. The literature review must be in past language and the use of pronouns should be avoided. The language should be passive rather than active. Basically, literature...

How to Calculate Net Present Value

Net present value is generally known as NPV. It is an investment criterion to evaluate any project. Chief financial officers generally used NPV as investment criteria in the investment decision known as capital budgeting and it is the pivotal to the success of the...