1. EXPLAIN THE DIFFERENT STEPS INVOLVED IN BUSINESS RESEARCH PROCESS WITH AN INDUSTRIAL EXAMPLE FROM MALDIVES.

Step 01 Step 02 Step 03 Step 04 Step 05 Step 06 Step 07 Step 08

Define research problem Review of literature Developing hypotasis Research design Sample desing Data collection Analysis of data Interpretation Report preparation

Step 09

1. Define research problem Its the foundation of any research method and experimental design, from true experiment to case study. To define the problem, list every factor that may have influenced it, then eliminate any that cannot be measured. Examine this list while conducting research to see if any factors have to be added, but don't let it improperly influence data collection. Researchers organize their research by formulating and defining a research problem. This helps them focus the research process so that they can draw conclusions reflecting the real world in the best possible way. Stating the problem in a general way Understanding the nature of the problem Surveying the available writing ( primary or secondary sources of research) Developing the idea through discussions Rephrasing the research problem into a practical plan

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2. Review of literature The first stage of large research projects, allowing the supervisor to ascertain that the student is on the correct path. A literature review discusses available information in a particular subject area, and sometimes information in a particular subject area within a certain time period. A literature review can be just a simple summary of the sources, but it usually has an organizational pattern and combines both summary and synthesis. A summary is a recap of the important information of the source, but a synthesis is a re-organization, or a reshuffling, of that information. Literature reviews provide you with a handy guide to a particular topic. If you have limited time to conduct research, it will give an overview or act as a stepping stone. For professionals, they are useful reports that keep them up to date with what is current in the field. It also provides a solid background for a research paper's investigation. 3. Developing hypostasis In research, a theory is a suggested explanation of a phenomenon. A null hypothesis is a hypothesis which a researcher tries to disprove. Normally, the null hypothesis represents the current view/explanation of an aspect of the world that the researcher wants to challenge. Research methodology involves the researcher providing an alternative hypothesis, a research hypothesis, as an alternate way to explain the phenomenon.

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The researcher tests the hypothesis to disprove the null hypothesis, because it would mean coming closer to finding an answer to a specific problem.

4. Research design The next step after stating the research problem, literature review, and research hypotheses, is to formulate a research design. The starting point for the research design is, in fact, the research questions and hypotheses that have been so carefully developed. In essence, the research design answers the question: How are we going to get answers to these research questions and test these hypotheses? The research design is a plan of action indicating the specific steps that are necessary to provide answers to those questions, test the hypotheses, and thereby achieve the research purpose that helps choose among the decision alternatives to solve the management problem or capitalize on the market opportunity 5. Sample design Sample design covers all aspects of how the samples in our surveys are specified and selected. The design of samples is a particularly important aspect of survey methodology, and provides a basis for the sound measurement of economic and social phenomena from surveys of businesses and households. Plan regarding the size of the sample, selection of the sample, collection of the sample data and preparation of the final results based on the sample study.

6. Data collection Data collection is the process of gathering and measuring information on variables of interest, in an established systematic fashion that enables one to answer stated research questions, test hypotheses, and evaluate outcomes. The data collection component of research is common to all fields of study including physical and social sciences, humanities, business, etc. While methods vary by discipline, the emphasis on ensuring accurate and honest collection remains the same. There are two types of data: o Qualitative data :- Data that approximates or characterizes but does not measure the attributes, characteristics, properties, etc., of a thing or phenomenon. Qualitative data describes whereas quantitative data defines.

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o Quantitative data: - Data that can be quantified and confirmed, and is open to to statistical manipulation. Quantitative data defines whereas qualitative data describes.

7. Analysis of data Data analysis is a practice in which raw data is ordered and organized so that useful information can be extracted from it. Charts, graphs, and textual write-ups of data are all forms of data analysis. These methods are designed to refine and distill the data so that readers can glean interesting information without needing to sort through all of the data on their own. Data from various sources is gathered, reviewed, and then analyzed to form some sort of finding or conclusion. There are a variety of specific data analysis method, some of which include data mining, text analytics, business intelligence, and data visualizations.

8. Interpretation In this stage all the findings will be interpreted received from different qualitative analysis and proceed to last stage. If a hypostasis is tested several times it may be possible for the researcher to arrive at generalization. The real value of the researcher lies in its ability to arrive at certain generalizations. If the researcher hand no hypostasis to start he might seek to explain his findings on the basis of some theory and its called interpretation.

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9. Report writing A report can be defined as a memorial or account of some happening. It is simply based on observation and analysis. A report gives a justification of any situation. They are a strong base for planning and control in an organization, i.e., reports give information which can be utilized by the management team in an organization for making plans and for solving difficult issues in the organization. Different steps to follow when writing in effective report: Determine the objective of the report, i.e., identify the problem. Collect the required material (facts) for the report. Study and examine the facts gathered. Plan the facts for the report. Prepare an outline for the report, i.e., draft the report. Edit the drafted report. Distribute the draft report to the advisory team and ask for feedback and recommendations.

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2. BRIEFLY EXPLAIN THE PROCESS OF RESEARCH DESIGN WITH A RELEVANT EXAMPLE OF ANY ORGANIZATION FROM MALDIVES.

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3. IMAGINE YOURSELF AS A RESEARCH ANALYST IN TOURISM INDUSTRY IN MALDIVES. EXPLAIN WHARE ARE ALL THE STEPES YOU WILL CONSIDER WHILE FORMULATING THE OBJECTIVES WITH RELEVANT EXAMPLE.

steps in formulating research objectives

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4. DESCRIBE THE MECHANISM OF WRITING RESEARCH REPORT WITH RELEVANT INDUSTRIAL EXAMPLES FROM MALDIVES.

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