The first stage of research is to identify problems or issues in business and management (or in the learner's field of study) and to justify the need for research. To this end, you are required to choose a research topic in a field of study that is of interest to you. Then, you need to formulate the problem statement related to the chosen topic. To ensure that the problem that you have identified exists and it is significant, you need to provide actual facts and figures to support it. You are also required to determine the research questions and objectives suitable to the research problem. Finally, you must explain why it is important to do the research. Your report for Task 1 should include the following: 1. Introduction and Research Background

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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The first stage of research is to identify problems or issues in business and management (or in
the learner's field of study) and to justify the need for research. To this end, you are required
to choose a research topic in a field of study that is of interest to you. Then, you need to
formulate the problem statement related to the chosen topic. To ensure that the problem that
you have identified exists and it is significant, you need to provide actual facts and figures to
support it. You are also required to determine the research questions and objectives suitable to
the research problem. Finally, you must explain why it is important to do the research. Your
report for Task 1 should include the following:
1. Introduction and Research Background
2. Problem statement, research question(s) and research objectives
3. Significance of Research
Transcribed Image Text:The first stage of research is to identify problems or issues in business and management (or in the learner's field of study) and to justify the need for research. To this end, you are required to choose a research topic in a field of study that is of interest to you. Then, you need to formulate the problem statement related to the chosen topic. To ensure that the problem that you have identified exists and it is significant, you need to provide actual facts and figures to support it. You are also required to determine the research questions and objectives suitable to the research problem. Finally, you must explain why it is important to do the research. Your report for Task 1 should include the following: 1. Introduction and Research Background 2. Problem statement, research question(s) and research objectives 3. Significance of Research
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