Tri data 2 | Business & Finance homework help
A method that combines data from different sources in order to get a better understanding of complicated phenomena is called triangulation. Xiang et al. (2020), a recent study, used this method to examine how various forms of triangulation could be applied in the context of regional economic development. The authors combined quantitative and qualitative data to find patterns and areas of interest in regional economies. They also identified potential research directions and developed regional policy recommendations.
Triangulation is a positive tool that allows stakeholders at all levels of an organization to come together to achieve common goals. However, they also have to know about potential obstacles or conflicts. It is possible to find better solutions by collaborating with stakeholders from different areas. This makes it easier for decision makers too when having access to such evidence-based information during policy making processes due its reliability and transparency thereof.. Lukas & Carbonell (2019) similarly espoused the merits associated with conducting triangulation research; noting that by combining multiple types of evidence – whether they are qualitative or quantitative – researchers will gain deeper insights into their chosen topics thus enabling them come up viable solutions going forward..
However Pierson (2018) argued against using this approach as he believes it could lead “to contradictory findings” if not properly executed correctly as individuals involved might become emotionally attached when interpreting results gathered rather than simply focusing solely on facts presented themselves on hand whereby further complicating matters beyond what was previously established initially before project kickstarted outset let say speaking mentions related matter herein involved . It is possible to achieve the best outcome by taking measures to ensure that the collective effort of all team members can be achieved, especially if other criteria respect agreement are adhered to.
Triangulation has many benefits but must be used with caution.