Exam 3: The Broad Problem Area and Defining the Problem Statement

Research questions are the translation of the problem of the organization into a specific need for information.

The selection of an academic perspective on the problem allows us to draw upon a rich body of literature to help us to solve the problem.

Familiarity with the literature is only beneficial in an academic context.

A first review of the literature helps you to make an informed decision about your research approach.

Symptoms are concrete examples of the way in which a certain business problem reveals itself.

A problem is any situation where a gap exists between the actual and the desired ideal states.

There is always one best way to investigate a certain problem statement.

Secondary data refers to information that the researcher gathers first hand through instruments such as surveys,interviews,focus groups,or observation.

The quality of a literature review depends on a careful selection of data sources

The field of interest of a research is unrelated to the problem and symptoms.

Once we have identified the management problem,it needs to be narrowed down to a researchable topic for study.

A good problem statement includes both a statement of the research objective(s)and the research question(s).

Secondary research simplifies the process of problem formulation.