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romanna [79]
3 years ago
9

Brian works for Magnira Labs and is conducting research on a certain topic. For the research, he needs $50,000, but the private

agency funding the research is willing to give only $30,000. In this scenario, the restraint on the budget is an example of a _____.
Business
2 answers:
serious [3.7K]3 years ago
8 0

Answer:

Limitation in research

Explanation:

Limitation are those factors that are capable of influencing the conduct of the research which the researcher cannot control.  They are the shortcomings, conditions or influences that cannot be controlled by the researcher that place restrictions on your methodology and conclusions.

In the this scenario Brian is faced with the limitation in funding that will have a drastic effect on the conduct of his research. The limitation is this case is due to limited resources in terms of fund that could be provided by the private agency funding the research.

However, Brian can overcome this minimize the effect the limitation on his research by cutting down the research budget.

dsp733 years ago
3 0

Answer: Budget Constraint

Explanation: Because from the Question we can see that brain needs $50,000 for his research but was dropped to $30,000 , so the $20,000 not given is the budget constraint .

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A budget is a plan detailing how an individual, a firm, or a government will spend its anticipated revenue. In short, a budget is a plan of expenditure. Budgets are usually prepared at the beginning of a period to guide the use of available resources.

An ideal situation is when the planned expenditure equal to the expected income. Such a plan is called a balanced budget. However, in some circumstances, the planned expenditure exceeds the projected income. That budget is a deficit budget.

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