Question

In: Economics

Please think of any possible research problem from the field of business, economics, or social sciences....

Please think of any possible research problem from the field of business, economics, or social sciences. For this problem, please prepare the basic elements of the conceptual framework: research statement, research question, research hypothesis, research aim.

Solutions

Expert Solution

One of the possible Research problems may be To find whether there is any effect of the Advertisement on the sell of any particular commodity (say Deodrant) . So we have to carry out a research in the market that how much is the sell of a deodrant is effected by the advertisement which the manufacturing or selling firm is doing through different channels like on TV, Radio, Hordings, Banners, Posters, Web sites etc.

Research Statement- This portion consists of what kind of researchs have been already done in this field, what are its outcomes and what further researches need to be done. here also we explain about what the present research is about and how will it be carried out, what will be the process, what types of data will be collected and from which sources. what will be the procedure of research and how the outcomes will be analysed, and many other things.

Research Question- the main research question must be- Is there any Effect of Advertisement on the Sell of the Deodrant? Then after this there may be other questions that whether the effect (if there any) is positive or negative and what is the degree of effect.

Research Hypothesis- Hypothesis is a tentative statement which is stated and then tested for possible rejection. There are two types of hypothesis i) Null Hypothesis (H0) and ii) Alternative Hypothesis (H1)

For this research we may wite Hypothesis as-

  • Null Hypothesis (H0) : There is No Effect of Advertisement on sell of Deo
  • Alternative Hypothesis (H1) : There is effect of advertisement on sell of Deo

Research Aim- The main Aim of the research is to collect data and to analyse them and reach to a conclusion by testing the Hypothesis that whether there is effect of advertisement on sell of Deo or not.


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