Impact of hyperinflation on investors and ordinary citizens Essay - 1

Impact of hyperinflation on investors and ordinary citizens - Essay manikinor collection of data and determination of the process for analysing the store data and information in aim to arrive at a realistic solution of the research problem ( black lovage and Dhumale, 2012). Such research methodology will be framed on the basis of the theoretical framework and ongoing economic flock in Zimbabwe. query philosophy strikes an association between the theoretical aspects of the study with its practical exposure. Therefore, selection of grant research philosophy holds ut nearly importance for the successful completion of a research work. According to Alexander and Dhumale (2012), in order to derive the best research philosophy, its three distinct attributes should be analysed, such as ontology, epistemology and axiology. The concept of ontology deals with realism and thus, it tends to analyse the social entities and social variables associated with the research objective so that resea rch solution becomes highly correlated with the practical world. Epistemology concentrates on the study of knowledge and attempts to apply the conjectural aspect for understanding the real world situation. Finally, axiology indicates the importance of value judgements (Alexander and Dhumale, 2012).As this particular research is conducted for academic purpose, epistemology is considered to be the most relevant philosophy for analysing the impact of hyperinflation on the general inhabitants of Zimbabwe. Under the research epistemology, interpretative research double will be adopted. Excellence of interpretative research philosophy is reflected in its ability to study the accumulated data and information explicitly and interpret the inherent implications of such theoretical information as healthy as the underlying the responses of the selected sample group accordingly, through application of the credible knowledge level (Maxwell, 2012).Research approach aids the researcher to prece de the research work in a comprehensive manner. formal