Importance Of Formal and Informal Research methods in Gaining Information


 Formal and Informal Research method are used in many ways by different types of organisations in different sectors of the economy.
Formal Research method's use was very less in the past. The reason could be the less availability of resources, formal research takes a lot of time. With the passage of time the organisations came to know about the importance of formal research. As by this time period many inventions had taken place to make formal research easy. One of the examples of this can be electronic databases. These inventions reduced the use of paper in formal research, that's why most the the researchers started giving preference to this research because it always provides accurate and exact information to the researcher.
Informal Research was used widely in the past. That was so because Informal research takes less time as compared to Formal Research. With the new inventions the use of informal research is also started reducing. The first and the foremost drawback of informal research is that i does not provide us the exact information. This is called secondary information as the researchers itself does not work to find the information, he/she has to depend on the resources which has already been founded by someone else. It will help us if we want quick information.


Reference
http://epubs.scu.edu.au/lib_pubs/21/