Business Research Individual Work 1 Week 3 Essay

Business Research Individual Work 1 Week 3 - taste ExampleIn order to establish such strategies, the company can carry out inquiry on the economic environment of the emerging nations ( apple Inc. SWOT Analysis, 2014). For example, Asian emerging economies such as India whitethorn form a lucrative market for Apple products. However, a rigorous question is needed to place the factors defining the business market in such economies.Business question can solve Apples problem of venturing into emerging nations as it has the capacity to provide specific information regarding the emerging markets. For example, interrogation can provide relevant information on the pricing strategies that Apple should rely on if it is to spread such markets. Moreover, research will help the Apple Company identify potential barriers that it may baptismal font as it penetrates the new markets and give it an advantage to develop strategies for addressing the challenges it may face (Zikmund, 2013).A resear ch proposal has several components which are considered as important. The first component is the statement of the problem whereby the investigator describes the context of the research topic and describes the research question that will be addressed. The second component involves a review of the visible(prenominal) literature. In developing a literature review, the researcher considers both relevant and recent sources related to the research topic. The third component is the statement of the hypothesis. Evidently, each research project has a set of hypotheses that it seeks to either call for or reject depending on the findings of the research (Zikmund, 2013). The fourth component is a description of the methodology to be used in the research. This involves presenting details of the sample size, the proposed sampling technique, and the instruments to be used in the research. Under methodology, the researcher also describes the research design in details and presents