In: Economics
Write a short research proposal on the below
topics.
Research topics:the cause of stress and how it affect employees to
perform.
Problem statement
Research questions
Hypothesis
Literature review
Methodology
ANSWER-
1.Problem statement-
What is a problem statement?
A problem statement is a statement of a current issue or problem that requires timely action to improve the situation. This statement concisely explains the barrier the current problem places between a functional process and/or product and the current (problematic) state of affairs. This statement is completely objective, focusing only on the facts of the problem and leaving out any subjective opinions. To make this easier, it's recommended that you ask who, what, when, where and why to create the structure for your problem statement. This will also make it easier to create and read, and makes the problem at hand more comprehensible and therefore solvable. The problem statement, in addition to defining a pressing issue, is a lead-in to a proposal of a timely, effective solution.
Why is a problem statement important?
A problem statement is a communication tool. Problem statements are important to businesses, individuals and other entities to develop projects focused on improvement. Whether the problem is pertaining to badly-needed road work or the logistics for an island construction project; a clear, concise problem statement is typically used by a project's team to help define and understand the problem and develop possible solutions. These statements also provide important information that is crucial in decision-making in relation to these projects or processes.
Problem statements have multiple purposes
The problem statement has other purposes, too. One is to identify and explain the problem in a concise but detailed way to give the reader a comprehensive view of what's going on. This includes identifying who the problem impacts, what the impacts are, where the problem occurs and why and when it needs to be fixed. Another purpose of the problem statement is to clarify what the expected outcomes are. Establishing what the desired situation would look like helps provide an overarching idea about the project. The proposed solution and scope and goals of the solution are made clear through this statement.
Problem statements help guide projects
The problem statement provides a guide for navigating the project once it begins. It is continually referenced throughout the duration of the project to help the team remain focused and on track. Near the completion of the project, this statement is again referred to in order to verify the solution has been implemented as stated and that it does indeed solve the initial problem. This can help in making sure that proper steps are being taken to prevent the same problem from happening again in the future.
Bear in mind that the problem statement does not attempt to define the solution, nor does is outline the methods of arriving at the solution. The problem statement is a statement that initiates the process by recognizing the problem.
How to write a problem statement
A problem statement is a tool used to gain support and approval of the project from management and stakeholders. As such, it must be accurate and clearly written. There are a few key elements to keep in mind when crafting a problem statement that can have a positive impact on the outcome of the project.
1. Describe how things should work
To begin, you'll want to provide some context that will make it easier to understand the problem. Start by explaining how this particular process should work. Concisely describe how the process would function if the current problem didn't exist before mentioning the problem, keeping the end-user in mind. For example, let's say that you have an idea of how to increase efficiency in a process to maximize the best use of resources. You might begin by describing a theoretical situation in which the system is more efficient and working toward your proposal from there, always keeping in mind who, what, when, where and why to keep yourself on track.
2. Explain the problem and state why it matters
The problem statement should address not only what the problem is, but why it's a problem and why it's important to solve it. This will wrap the other 'W' questions in organically, in most cases. For example: Why should we fix this problem? Because it affects the efficiency of departments X, Y and Z, wasting resources and driving prices up for consumers. This addresses what the problem is, who is affected and why the problem should be fixed. You may also consider including what attempts have already been made to solve the problem and why they didn't work out. As concisely as possible, explain everything you know about the current problem.
3. Explain your problem's financial costs
When you state the problem to decision-makers, you'll want to explain the costs of not fixing it. Seeing as money is the language in which businesspeople speak, it's easiest to frame the problem and proposed solution in terms of financial costs. For example, if the problem is actively costing unnecessary money, preventing the company from making more money or damaging the company's public image (indirectly costing money) make sure you explain it specifically and clearly in terms they understand. Try to pinpoint exact dollar amounts for the problem's cost.
4. Back up your claims
Once you claim the problem is costing the company money, you must be prepared to support your claims with evidence. If you neglect this step, you may not be taken seriously. Do your research, cite your sources and have the data ready to present.
5. Propose a solution
The problem statement should describe your proposed solution(s) to the problem. At this point, you won't be focused on finding a single solution, but you should have a solid grasp on the causes of the problem and be prepared to propose practical approaches to understanding and remedying it. State your objectives by suggesting well-thought-out plans for attacking the problem.
6. Explain the benefits of your proposed solution(s)
Now, you've described an ideal scenario in which the problem doesn't exist. You've pointed out the problem, explaining the ramifications of choosing not to fix it (using dollars and solid data) and proposed some realistic approaches to finding a solution. Now is a very good time to demonstrate why this solution will work, again focusing on efficiency and the financial impact of your solution. Address what expenses the solution will decrease, how this solution will free up revenue streams and what intangible benefits, such as increased client satisfaction, your solution will bring. This should all fit into a single short paragraph.
7. Conclude by summarizing the problem and solution
Now you'll move onto your conclusion. This should consist of the problem, why it needs to be fixed and a summarized argument of why your solution is the best answer to the problem.
2.Research questions-
The research question is one of the most important parts of your research project, thesis or dissertation. It’s important to spend some time assessing and refining your question before you get started.
The exact form of your question will depend on on the length of your project, the type of research, the topic, and the research problem. But all research questions should be focused, specific, appropriately complex, and relevant to a social or scholarly issue.Once you’ve read our guide on how to write a research question, use these examples to work out if your question is strong enough.
3.Hypothesis-
A hypothesis (plural hypotheses) is a proposed explanation for a phenomenon. For a hypothesis to be a scientific hypothesis, the scientific method requires that one can test it.
Usually, you don't want to state a hypothesis as a question. You believe in something, and you're seeking to prove it. For example: If I raise the temperature of a cup of water, then the amount of sugar that can be dissolved in it will be increased.
4.Literature review-
A literature review is a survey of scholarly sources on a specific topic. It provides an overview of current knowledge, allowing you to identify relevant theories, methods, and gaps in the existing research.
Writing a literature review involves finding relevant publications (such as books and journal articles), critically analyzing them, and explaining what you found. There are five key steps:
A good literature review doesn’t just summarize sources – it analyzes, synthesizes, and critically evaluates to give a clear picture of the state of knowledge on the subject.
Good employee relation creates pleasant atmosphere for employees which can increase theirmotivation. Increased employees moral can lead to increase workers performance as well.Organizations investigating in employee relation programs may experience an increase in performance which leads to increase in profit for the business (Kelchner, 2017). In the researchconducted by (Sequeira and Dhriti, 2015) it was identified that employee relations practicesfollowed in the organization had a direct effect on the performance of workers in theorganization. Employees with higher level of satisfaction with the existing organization practices are more productive and resistive towards changing the current organization. Thestudy also revealed that improving the employee relations practices of an organization canimprove the performance of employees and thereby the overall productivity of the organization.
5.Methodology-
The methodology is the systematic, theoretical analysis of the methods applied to a field of study. It comprises the theoretical analysis of the body of methods and principles associated with a branch of knowledge.
Improved performance from employee training can reduce staff turnover, lower maintenance costs by reducing equipment breakdowns and result in fewer customer complaints. Better performance from employees typically creates less need for supervision and brings increased worker output.