01-12-2012, 05:36 PM
STA630 VU Current GDB No. 2 Fall 2011 12 Jan 2012 last date – solution soon
Chamber of commerce is interested to find out the factors which influence the success of inherited entrepreneurs. In this context, your have been assigned to conduct the interviews of inherited entrepreneurs.
For the purpose of data collection, you have downloaded list of entrepreneurs from the Chamber of Commerce website. But you were astonished to see that there is no information available about family entrepreneurs.
Task which seems quite easy becomes an uphill task for you. You are in the middle of no where and you discussed this situation with another researcher, Muhammad Ali. He advised, “You should find a person who is a family entrepreneur, and ask him, if he knows any one who is also a family entrepreneur i.e. contact will give you other contacts. This chain of information will give you the direction to find other family entrepreneurs. It is a long process but you will get authentic data.”
Which type of sampling technique Muhammad Ali is pointing out? Whether Muhammad Ali’s advice is right or wrong? Justify your opinion.
Chamber of commerce is interested to find out the factors which influence the success of inherited entrepreneurs. In this context, your have been assigned to conduct the interviews of inherited entrepreneurs.
For the purpose of data collection, you have downloaded list of entrepreneurs from the Chamber of Commerce website. But you were astonished to see that there is no information available about family entrepreneurs.
Task which seems quite easy becomes an uphill task for you. You are in the middle of no where and you discussed this situation with another researcher, Muhammad Ali. He advised, “You should find a person who is a family entrepreneur, and ask him, if he knows any one who is also a family entrepreneur i.e. contact will give you other contacts. This chain of information will give you the direction to find other family entrepreneurs. It is a long process but you will get authentic data.”
Which type of sampling technique Muhammad Ali is pointing out? Whether Muhammad Ali’s advice is right or wrong? Justify your opinion.
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