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In business, quantitative research is the systematic empirical investigation of observable phenomena via statistical, mathematical or computational techniques. Quantitative research is the tool to calculate the measurable things to this research it also helps the researcher or the reader to better understand how quantitative works. Business refers to the organized efforts and activities of individuals to produce and sell goods and services for income. Businesses can range from small operations operating in one industry to large operations operating in many industries around the world, According to Thomas Dicksee (2005), "Business refers to a form of activity conducted with an objective of earning profits for the benefit of those on whose behalf the activity is conducted." Quantitative is rooted in numerical approaches. The emphasis is on objectivity and the use of statistics or data gathered through polls, questionnaires or surveys with quantitative research methods, numerical data are gathered and then generalized across groups of people to explain trends or phenomena. These methods begin from questions such as how many how often” “when?” and “where?” This chapter presents the background of the problem, its significance, and the scope and delimitation of the study.
Problem of the problem
The main problem of this study is to know or to identify the income evaluation and how it affects the sales of a kwek-kwek vendor, this study may use some quantitative techniques like a survey papers and evaluation of the total income from the vendor.
The theory on this research is if the sales is really affected by the income or it is just because of the ingredient that bought expensively because in making a kwek-kwek the vendor needs a large investment so the vendor can run a growing business.
This study aims to make people understand how “kwek-kwek” vendors made their sales and how they fairly price the product based on their daily or monthly income.
The importance of this study is to identify or evaluate the natural income of a “Kwek- kwek “ vendor and the impact on its sales, and how they equally divide the income from capital to income. This study will be benefit of the following: The Students may use this for their own research paper to find ideas and to know more about the quantitative research in business. The Consumers can also use this for their knowledge about small businesses it can be an idea to them to start a business. And last the Future Researchers, this research may help them to reach more ideas to their research papers and also help them from the struggle in building of topic. Scope and Delimitations of the study This study mainly concerned to the seller or vendor of the said “Kwek-kwek” in Phase 4 Bulihan Silang, Cavite, if their profit has an impact to their sales.
This research paper entitled “Income evaluation and its impact on sales of a kwek- kwek vendor” prepared and submitted by Lloyd Stephen P. Aumentar in partial fulfillment of the requirements for the Information and Communications Technology has been examined and is recommended for acceptance and approval of Oral examination. Signature over Printed Name Instructor
Approved by the panel for Oral Examination on for the Information and Communications Technology with the grade of. Signature over Printed Name Panel Signature over Printed Name Signature over Printed Name