TRENDING PROJECT TOPICS FOR FINAL YEAR STUDENTS AT A GLANCE

TRENDING PROJECT TOPICS FOR FINAL YEAR STUDENTS AT A GLANCE

INTRODUCTION:

Since researchwap.com is consistently in the matter of helping students, particularly, final year students thinking hard for final year project topics that will be qualified to present to their project supervisors and at last to make them rave stamps in their outcomes; we have gotten concerned and wish to make a variety of final year project topics that are catchy, relevant and have a minimal cost of research.

This article is certainly not a final authority in the importance of these proposed final year project topics, however, is a quasi guide, that should give final year students thought of what their final year project topic ought to be and how to approach and how to go about constructing them.

Having a reasonable final year project topic can be a genuine test, particularly, mulling over the condition of the current economy; final year students look for final year project topics with insignificant research cost, are applicable to the ebb and flow situations in the nation and snappy, rather than extensive and ‘befuddled’… simply like the parenthesized word.

After some time, we have gone over the final year project topics that are quite confusing and for the most part excessively occupied with factors. For instance, “The impact of Recession on the Manufacturing Industry and Communications as it Affects Banking Habits”: this topic was a moment of cerebral pain, yet at the same time, we made a difference.

Without bringing up, one can promptly say that the above final year project topic isn’t appealing or has insignificant research cost, it may be important, yet its significance is lost in the over-crowdedness of factors to test. Factors being “Recession” “Manufacturing Industry” “Communications” and “Banking Habits”; one is left to wonder which of these factors ought to be tried, what instruments to utilize, and the entire final year project writing experience turns into weight and discipline, rather than a learning experience.

Belatedly, yet huge to this article, the above final year project topic could have been begotten in a few, less difficult structures, as:-

1. “The Importance of Communications as it affects Customers’ Banking Habits”
 2. “The Importance and Impact of Communications in curbing premature Retirement in the Manufacturing Industry”
 3. “The Impact of Recession as it affects Customers’ Banking Habits”
 4. “Banking Habits and its effect on the Manufacturing Industry” 
 5. “Recession and its impact on Productivity in the Manufacturing Industry”

And so numerous other basic and catchy final year project topics that could have been produced using only that complicated one; straightforward and catchy as well as negligible in research cost and general project writing exertion.

As guaranteed in the beginning, we will exhibit an example of straightforward yet successfully dexterous final year project topics from a portion of the well-known departments

ACCOUNTING:

1. The role of audit in managing fraud a case study of Unilever plc

2. The problem of financing government corporations

3. Role of accounting information on small and medium scale business in Nigeria

4. private sector and the problem of working capital management

5. Effects of fair value accounting on users of financial statement case study of 6 selected companies listed on the stock exchange market.

6. Importance of proper accounting in modern-day business

7. Management accounting and its application to organizational, planning, control and decision making

8. Impact of auditing in controlling fraud and other financial irregularities

9. Petroleum profit tax and capital expenditure of the Nigerian economy Taxation as an aid to economic development: the pros and cons.

10. Tax as a stimulus for growth and development in Nigeria

BANKING AND FINANCE:

1. The impact of information technology on banking operations in Nigeria

2. The impact of the e-payment of the system in operational efficiency in Nigeria banks.

3. The effectiveness of non-bank financial institution on the growth of Nigeria economy

4. The importance of an effective management information system in the banking industry in Nigeria.

5. The effect of training on the performance of the employee in an organization.

6. The role of entrepreneurship in economic growth in Nigeria

7. Liquidity and credit management in Nigeria banking and industry

8. Staff development program and employee performance in the banking industry.

9. The effect of staff motivation on bank’s services delivery

10. Procedures and appraisal of risk management for nonbank financial institutions.

BUSINESS ADMINISTRATION:

1. The effect of business organization in Nigerian companies

2. The role of the auditor in small business organizations

3. The importance of management in general business administration

4. The effect of environmental factors on the performance of small and medium scale businesses in Nigeria

5. The extent which business administration assists in banking operations

6. Personality and its effects on group performance

7. Significance of entrepreneurial studies in the understanding of business analysis

8. The impact of internal control measures on the detection and prevention of fraud in banks

9. The significant role of business organization in small scale enterprises

10. A critical study on the effects of job stress on the performance of bankers in Nigeria

COMPUTER SCIENCE:

1. Design and implementation of a computer-based warehouse information system

2. Student project allocation and verification system for monitoring duplication

3. Design and implementation of an internet cafe billing system

4. Design and implementation of an online hotel reservation system

5. Design and implementation of an importation tracking system

6. GPS and GPRS based telemonitoring system for emergency patient transportation

7. Design and implementation of the stock management system

8. Design and implementation of online tutorial on fish farming and production

9. Design and implementation of an information management system for the computer science department

10. Design and implementation of an automated school fees payment system

ECONOMICS:

1. The effect of bank verification number (BVN) on fraud prevention in Nigeria banking industry and Nigeria’s economy

2. An analysis of the impact of stock market development on economic growth in Nigeria

3. The impact of the CBN's cashless policy on the development of the banking sector of Nigeria

4. An assessment of the role of financial market in the economy a case study of Nigerian stock exchange

5. Impact of exchange rate fluctuations in value-added tax on the economic growth of Nigeria

6. An empirical investigation of the impact of government education spending on economic growth (1981–2012)

7. The impact of capital formation via savings and investment on the growth of the Nigerian economy 1980–2013

8. The impact of technology on economic development in the Nigerian financial market activities” with a special focus on your united bank for Africa (UBA).

9. Human capital development and economic growth in Nigeria: an empirical analysis

10. Securities and exchange market and the Nigerian economy; adaptive expectation hypothesis 1990–2015

EDUCATION :

1. Comparison of using two educational media in teaching and learning the digestive system of farm animals in secondary schools in Adamawa state

2. Evaluation of coaching classes in secondary school students’ performance in chemistry

3. Effect of instructional materials on teaching and learning in nursery and primary schools

4. Effects of computer-based instruction on the learning effectiveness of hearing impaired pupils in Lagos state special primary schools

5. Effect of birth order on students educational development in mainland local government area of Lagos state

6. Distribution and utilization of educational resources in two state/federal government-owned schools in Lagos state

7. An investigation into openness-values and counterfactual thinking factors influencing secondary school students’ academic achievement in Ondo Nigeria

8. Transforming tertiary institutions for mass higher education through distance and open learning approaches in Nigeria

9. Selection and utilization of social studies instructional methods by secondary school teachers in Ebonyi state

10. Perceptions of business education students on the relevance of entrepreneurship education at the colleges of education level

HOME ECONOMICS:

1. Challenges militating against the effective teaching and learning of home economics in senior secondary schools in Rivers state.

2. Factors affecting the performance of home economics students in senior secondary schools in Akwa Ibom state

3. The effects of home economics on the business growth of Taraku soya milk manufacturing company Nigeria limited Benue state

4. The effects of two teaching methods on academic performance of senior secondary school students in home economics

5. A comparative study on teaching practice experiences of home economics student-teachers: challenges and possible panacea

6. The level of home economics education literacy among secondary school students in Aliade local government area, Benue state.

7. Assessing the home economics education awareness level among junior secondary school students in Calabar cross river state

8. Availability of teachers and laboratory facilities for effective teaching and learning of home economics in a junior secondary school in Enugu north

9. Comparative study of academic performance of home economics students in a junior secondary school in Asaba local government area.

10. Availability of qualified home economics teachers in effective teaching and learning of home economics in senior secondary schools

INFORMATION TECHNOLOGY:

1. Information technology and services delivery: a case study of a tertiary hospital in Rivers state

2. The effect of computer usage on academic achievement of secondary school students in Nigeria

3. Enhancing the Nigerian economy through wireless internet network enhancing the Nigerian economy through wireless internet network

4. Improving the capacity of a renewable power system, using solar power panel (a case study of computer science and software lab

5. Social media entrepreneurship as a tool for national development: a case study of selected bloggers and webmasters in Ikeja, Lagos

6. A survey of database management in enhancing the work performance of OTM graduates in selected organizations in Abuja

7. The use of information and communication technology in the teaching of vocational subjects in Nigeria polytechnics

8. Assessment of the utilization of internet services among students in federal institutions in Kaduna state

9. The application of information technology to the learning and teaching of economics in Nigeria: a case study of secondary schools in Jos

10. Analysis of data mining techniques of telecommunication companies in Nigeria: a case study of MTN Nigeria

MARKETING:

1. The problems and prospects of corporate social responsibility in the Nigerian manufacturing industry

2. An assessment of the role of broadcast media in women mobilization during the 2015 general elections in Nigeria

3. The effect of advertising on consumer preference patterns for malt drinks in Enugu metropolis: a comparative study of Guinness Malta and Amstel Malta

4. Customer relationship management and marketing performance in the Nigeria banking industry

5. Customer relationship management and company performance in the Nigerian food and beverages industry

6. A comparative analysis of consumer attitude towards different brands of motor oil lubricant products in Enugu urban

7. Corporate reputation and marketing performance of the alcoholic beverage industry in Port Harcourt

8. Brand identity and marketing performance empirical evidence from quoted commercial banks in Nigeria

9. An analysis of promotional techniques and their fit with some selected private sector organization in Kano metropolis

10. The effect of consumer protection on brand loyalty of fast-moving consumer goods in Ikeja, Lagos state.

POLITICAL SCIENCE:

1. The relevance of traditional rulers in contemporary Nigeria’s governance

2. Political development in Nigeria: a study of 3 senatorial districts of Akwa Ibom State

3. Marginalization and youth unrest in the niger-delta region of Nigeria

4. Effect of political instability on implementation of Nigeria policy on secondary school education

5. An appraisal of the role of the government in poverty alleviation in Nigeria

6. Gender inequality and women participation in politics: the Nigeria experience

7. Voter behavior and the electoral process in Nigeria

8. The effect of social media on voting behavior in Nigeria

9. Impact of the refugee crisis on human security in West Africa

10. Grassroot democracy and youth development in local government administration

PUBLIC ADMINISTRATION:

1. An assessment of the role and challenges of nongovernmental organizations in rural development in Nigeria

2. A study into the problems and solution of the 2007 public procurement act on transparency and accountability

3. The role of NGOs in the management of the Okwangwo range of Cross river national park (forestry and wildlife resources management)

4. The influence of conflict management effectiveness on administrative staff productivity in tertiary institutions.

5. The influence of group pressure on adolescents behavioral problems in Nigeria secondary schools

6. Public policy and grass-root development in Nigeria (a critical appraisal of national poverty eradication program on Asari-Toru LGA of River state)

7. Combating corruption in Nigeria: a case study of the economic and financial crimes commission (EFCC)

8. Factors militating the transformation of Nkweme local government department of public administration

9. The relationship between parent social-economic growth and educational achievement of their children in the secondary school system in Jahngo local government, Taraba state.

10. Determination of the structure of income inequality and poverty in a rural household in Yala local government area of Cross River state

 

The list grows extensively, for final year project topics in any department you're your choice, please visit www.researchwap.com. We hope this article has been of immense help in giving final year students an idea of how their final year project topics should be effectively coined.

 

 

 

 

 

 


HOW TO DEVELOP EFFECTIVE AND UNIQUE PROJECT TOPICS

HOW TO DEVELOP EFFECTIVE AND UNIQUE PROJECT TOPICS

 

 

 

In each field of endeavour, what makes you stand out from others is the capacity to accomplish something contrastingly and uniquely so that successors will consistently recollect the prints you left on the ways of the world. In the academic segment, the uniqueness of thoughts and considerations is of fundamental significance particularly with regards to writing a project topic. Subsequently, we will inspect how to pick a unique project topic. In the first place, we will take a gander at the significance of having a unique topic

 

SIGNIFICANCE OF A UNIQUE TOPIC

 

• The topic directs the tune and tone of the whole project. In the event that the topic it shows to an enormous degree that the student will do decent project.

 

• The topic makes in the brain of any individual who understands it, an early introduction. Such an impression may impact the general and last judgment of the work.

 

• A unique topic is a wellspring of inspiration for the researcher to continue and complete the research. Similarly, as a dull topic will be a wellspring of debilitation.

 

• A unique and great topic will be a wellspring of delight to the researcher for some future years to such an extent that you can generally flaunt it consistently and places without dread or terrorizing.

 

 

If any one can investing time, cash and disregard family, companions and delight to accomplish a specific objective anytime, ought to be a final year student completing exploration on any project topic to investigate leaving issue and give an answer or suggestion to take care of the pattern issue.

 

Project topics for final year student in Nigeria and each student in African Country doing a logical way to deal with get significant information to back up research, must understand WHY research is significant, REASONS for completing the student final year project, WHAT is the project topics investing on and how will it solve the exiting problem with the relevant information.

No research today is new, we are creating thoughts base on leaving information to produce a given points base on personal modification and understanding at that point. As information technology advance so is research moving from one level to high and serious stage to truly demonstrate a point that pertinent thoughts are added year to year as final year student passes on to the labour market as a graduate of any field of study.

Project topics for final year student in Nigeria and student everywhere throughout the world give better opportunities to act naturally creative and educational investigator to acquire a given distinctions as graduate. The sole point of this article is to drop as a primary concern reasons why final year project writing is significant

 

Coming up next are the 10 reasons why student final year project is significant

 

Self-confidence: Self certainty is created dependent on the measure of information about a specific study plainly understood by you.

 

Self-confidence during defense as a final year student, you mostly gain in the event that you where the person who do the educational research project from the start to the completion.

 

Provide job employment: To each student who completes college neglect to understand that full information on research project writing can give nourishment on the table and fill in as wellspring of pay. The territory where research gives work to student in Nigeria is having decent information on Information Analysis, editing, structural substance improvement, and field information gathering.

 

Make student and supervisor relationship: To each student the most significant part in schools is the point at which you are near a supervisor, to understand why the person responds that path during address, to know whether your opinion of Him or her is valid or bogus. A decent correspondence among student and supervisor relationship can make work mostly, make 80% consideration, make space for rectifications, advance educational understanding, and empower professional success.

 

Strengthening your center abilities: Research invigorate clear expertise includes in investigate procedure and technique to apply to create an ideal point.

 

Give upper hand: The exhibition among you and other student is how highly knowledgeable you present the research structure of your information. There is a contrast between a final year student writing project and a year one student starting college.

 

Give stage to self articulation: student and numerous individual today in our general public is confronted with dread to stand up what we know and understand. Addressing masses today among student is an issue in college which has gobbled up the better piece of our character. Final year project writing gives space to self articulation in the open to step up your capacity to address the crowd.

 

Expertise arranging: ability arranging in research process ensure achievement, project arranging must start based on what is my topic, which zone or area will I research on, what is my exploration about, which populace is better, is case study needed?, where will I get information and who is my supervisor. Then planning will lead to success for Student final year project writing.

Advance group working ability: all expertise during project research in bunch give space to commitment of thought, initiative attitude, content improvement aptitude, introduction ability, advances bunch perusing , make common understanding among follow specialist in final year

 

Proficient relational abilities: great correspondence during research is mostly connected with clear image, sign and verbal sound to unmistakably educate the listener what you mean at that specific point in time.

 

Strength: intensity isn't delaying or frightful notwithstanding real or conceivable peril or rebuke; gallant and brave. Dread of disappointment during resistance is mostly express by student because of absence of intensity to stand up what they know and understand about the given topic on study.

Research is significant and consistently experience by all final year student in Nigeria and numerous nation. The project topics for final year student in Nigeria and how supervisors include themselves to ensure its quality and substance is up to the worldwide standard of research in today educational system.

All Student final year project should esteem research work, give complete consideration, energize collaboration and learn new thoughts which will make them not the same as others.

 

WELLSPRINGS OF A UNIQUE PROJECT TOPIC

 

• Personal experience and perception of the researcher : The student's very own perception, information or experience of certain issues that merit a project consideration could lead such an student to get a topic from such experience

 

• Relevant existing writing: information about some current speculations and project discoveries in a specific territory may uncover a lacuna in the information that should be filled. This is likewise where a researcher can enter into and draw out a unique topic.

 

• Interactions with speakers/associates: a project topic can likewise be borne out through conversations with a potential chief, an instructor or even among cohorts and partners on projectable territories.

 

PERTINENT QUESTIONS TO ASK YOURSELF BEFORE CHOOSING A TOPIC

 

• Is the proposed topic one that truly is limited in the degree to deliver a reasonable research project? On the off chance that the appropriate response is No, at that point don't continue further

 

• Will the proposed topic make a significant commitment to the information? On the off chance that truly, at that point continue. Assuming no, at that point stop.

 

• Has the topic gotten any insignificant inclusion in the diaries and other related scholarly productions? On the off chance that truly, at that point proceed with the investigation

 

• Do I have adequate enthusiasm for the project topic now and can such intrigue be supported all through the investigation? In the event that the response to this is No, at that point end the topic, however in the event that indeed, at that point proceeds.

 

• Can I assemble adequate information to complete this project? On the off chance that truly, proceeds, however assuming no, end.

 

• Can I succinctly and decisively express the targets, points, degree, avocation, and restrictions of the investigation? In the event that truly, proceed, however assuming no, suspend

 

STEPS TO CHOOSE A UNIQUE TOPIC

 

• Brainstorming: When you conceptualize, you are searching for thoughts regarding the specific topic. In conceptualizing, you pose some remarkable inquiries: do I have enthusiasm for that specific region? Is there a piece of specific information I need to include?

 

• Read wide: it is fundamental that you read a great deal of related writing from either the library or the web about the topic you need to expound on with the goal that you will have a solid balance to endure the hardships of the whole project.

 

• The title of your project ought to be brief and exact as would be prudent

 

• Look for catchphrases that you can assist you with formulating a decent and enamoring title. Convincingly, with all these information put in the right point of view, you will think of a decent project topic that will leave a permanent imprint for a long time into the future.

 

To choose a good research topic and make the procedure less frustrating, we recommend the accompanying method for the determination of the research project works:

1. Decide on a useful area or areas of essential interest, for example, accounting, banking and finance, business administration, computer science, economics, education, marketing,  mass communication et cetera.

2. Next, pick a sub-region from the practical territory. For example, a student who has an interest in human resources may pick a research topic on the hospital working environment or organizational behavior

3. Look for the possible research topic in that sub-region.

4. Familiarize yourself with the subject matter relating to the proposed project topic idea.

5. Evaluate any provisional topic you pick precisely and fundamentally. A student ought to have not less than three speculative topics in. He ought to pick the topic which is most alluring to him or her among alternate topics having analyzed the upsides and downsides of every one of the case study.

6. Finally, present the chosen topics to the supervisor for facilitating discourse, clarifications, and elaborations if it requires.

CRITERIA FOR CHOOSING A RESEARCH PROJECT TOPIC

It is plainly making no sense to embark on a case study  you know almost nothing or nothing about. Though, it can obviously be contended that the student can acquaint himself with the project topic idea over the span of the investigation or study. But there is somewhere around two issues with this: firstly, he/she might not be able to defend it before the supervisor. Secondly, he/she may discover later that the research topic is more troublesome than foreseen or that the required research project materials are not accessible. He could even lose interest in the research work because of any of these unexpected challenges. The accompanying criteria should along these lines be borne in the mind of the students:

1. INTEREST IN THE RESEARCH TOPIC           

Numerous students have amidst their research, surrendered or abandon their research project topic for another one since they didn't have enough managing interest for it, in the first instance. For a few, they may have chosen it since it was proposed by the supervisor or some different people they couldn't state too. They may have felt that dismissing the project topic at that point would have added up to being ungrateful on their part which could be viewed as an affront to the supervisor. Whichever way, it is perilous to take a research title you are not so much inspired by in light of the fact that when it gets extreme, your interest for the research title is the thing that will support you more than some other things.

2. RESEARCHABLE RESEARCH TOPIC

What makes a research topic researchable is the point at which you can research solid information to answer the research questions. A project work that is researchable can be known to utilize available and scientific tools and techniques. Likewise, a research work might be un-researchable not on the grounds that the pertinent information doesn't exist, but rather in light of the fact that the student doesn't approach them.

3. ATTAINABILITY OF THE FINAL YEAR PROJECT

The possibility of the final year project alludes to what it will take the student to finish the research topic as far as the expense of the final year project, the monetary use, and the time allotment for the final year research. Thusly, it is vital that the student from the beginning, gauge that he has everything necessary to finish the research project regarding fund and research materials, and furthermore that he will have the capacity to finish the final year research inside the time period allotted for it. In the event that the response to this is negative, at that point he should forsake the project topic before setting out on it.

 

 


WHAT IS RESEARCH AND HOW TO RESEARCH


WHAT IS RESEARCH AND HOW TO RESEARCH

 

INTRODUCTION

I would love to begin by saying that a greater number of students are conducting research just for the sole purpose of acquiring their degrees in their field of studies. They involve solely for the acquisition of the degree such that they neglect or do not know the real meaning or what research is really about.  In fact, there are two approaches or objectives for conducting research.  The first one is the traditional way of conducting research which is conducting research for only filling the knowledge gap. This kind of people in doing the research consult only books, journals, conference papers and they try to find where the research gap is even if the research is trivial and not important the researcher will insist to conduct the research in the area. Unfortunately, most traditional researchers do this form of research, they just try to find only a gap in research especially in management and management information system, people try to find just a gap, for the reason of filling the gap and publish a paper and they say we have a research, we have available research, but I don’t think so, just to fill knowledge gap is not a big deal, hence it is not research.
On the other hand, other people feel that research is just to solve a problem. This kind of people, we can call them consultants. They look at the problem from different perspectives, they contact the company and understand the problem of the company and try to solve the problem of the company. Unfortunately, this kind of people don’t look at books as the others do, they try to write one or two books, four or five journals and that is it and they try to solve the problem from their own experience, however, they don’t look deep into literature review as the first group does. The problem here is that this person may end up repeating what others have done because they don’t know what others have done in that area and they have a major problem.
Therefore, as can be seen, the two groups are not purely right. The first group misses the problem-solving nature of every research, while the second group may end up repeating what others have done since they don’t engage in the thorough literature review. They end up not filling the knowledge gap. What then is real research?
The real research is being somewhere in between the two groups: “filling knowledge gap and solve a problem”. You can be anywhere in between but in most cases, you have a condition. The first condition is that you have to solve a problem but before solving a problem you must do REsearch. What is research? You have to search for books and papers to check if someone has solved a similar problem before, even if someone has done the research, you can criticize the person to find a knowledge gap.
Therefore, research involves solving a problem and filling a knowledge gap at the same time.
According to the American sociologist Earl Robert Babbie, “Research is a systematic inquiry to describe, explain, predict, and control the observed phenomenon. Research involves inductive and deductive methods.” Careful consideration of the study regarding a particular concern or problem using scientific methods. Research is a systematic inquiry to describe, explain, predict and control the observed phenomenon. Research involves inductive and deductive methods (Babbie, 1998). Inductive methods analyze the observed phenomenon and identify the general principles, structures, or processes underlying the phenomenon observed; deductive methods verify the hypothesized principles through observations. The purposes are different: one is to develop explanations, and the other is to test the validity of the explanations.
One thing that we have to pay attention to research is that the heart of the research is not on statistics, but the thinking behind the research. How we really want to find out, how we build arguments about ideas and concepts, and what evidence that we can support to persuade people to accept our arguments.
Inductive research methods are used to analyze an observed event. Deductive methods are used to verify the observed event. Inductive approaches are associated with qualitative research and deductive methods are more commonly associated with quantitative research.
Research is conducted with a purpose to understand:
·      What do organizations or businesses really want to find out?
·      What are the processes that need to be followed to chase the idea?
·      What are the arguments that need to be built around a concept?
·      What is the evidence that will be required for people to believe in the idea or concept?

Gall, Borg, and Gall (1996) proposed four types of knowledge that research contributed to education as follows:
1.  Description: Results of research can describe the natural or social phenomena, such as its form, structure, activity, change over time, relationship to other phenomena. The descriptive function of research relies on instrumentation for measurement and observations. The descriptive research results in our understanding of what happened. It sometimes produces statistical information about aspects of education.
2.  Prediction: Prediction research is intended to predict a phenomenon that will occur at time Y from information at an earlier time X. In educational research, researchers have been engaged in:
o  Acquiring knowledge about factors that predict students' success in school and in the world of work
o  Identifying students who are likely to be unsuccessful so that prevention programs can be instituted.
3.  Improvement: This type of research is mainly concerned with the effectiveness of the intervention. The research approach includes experimental design and evaluation research.
4.  Explanation: This type of research subsumes the other three: if the researchers are able to explain an educational phenomenon, it means that they can describe, can predict its consequences, and know-how to intervene to change those consequences.

Characteristics of research

 

1.  A systematic approach must be followed for accurate data. Rules and procedures are an integral part of the process that sets the objective. Researchers need to practice ethics and a code of conduct while making observations or drawing conclusions.
2.  Research is based on logical reasoning and involves both inductive and deductive methods.
3.  The data or knowledge that is derived is in real-time from actual observations in natural settings.
4.  There is an in-depth analysis of all data collected so that there are no anomalies associated with it.
5.  Research creates a path for generating new questions. Existing data helps create more opportunities for research.
6.  Research is analytical in nature. It makes use of all the available data so that there is no ambiguity in inference.
7.  Accuracy is one of the most important aspects of research. The information that is obtained should be accurate and true to its nature. For example, laboratories provide a controlled environment to collect data. Accuracy is measured in the instruments used, the calibrations of instruments or tools, and the final result of the experiment.

What are the types of research?

 

Following are the types of research methods:
Basic research: A basic research definition is data collected to enhance knowledge. The main motivation is knowledge expansion. It is non-commercial research that doesn’t facilitate in creating or inventing anything. For example, an experiment to determine a simple fact.
Applied research: Applied research focuses on analyzing and solving real-life problems. This type refers to the study that helps solve practical problems using scientific methods. Studies play an important role in solving issues that impact the overall well-being of humans. For example: finding a specific cure for a disease.
Problem-oriented research: As the name suggests, problem-oriented research is conducted to understand the exact nature of a problem to find out relevant solutions. The term “problem” refers to multiple choices or issues when analyzing a situation.
For example, the revenue of a car company has decreased by 12% in the last year. The following could be the probable causes: there is no optimum production, poor quality of a product, no advertising, or economic conditions.
Problem-solving research: This type of research is conducted by companies to understand and resolve their own problems. The problem-solving method uses applied research to find solutions to existing problems.
Qualitative research: Qualitative research is a process that is about the inquiry. It helps create an in-depth understanding of problems or issues in their natural settings. This is a non-statistical method.
Qualitative research is heavily dependent on the experience of the researchers and the questions used to probe the sample. The sample size is usually restricted to 6-10 people. Open-ended questions are asked in a manner that encourages answers that lead to another question or group of questions. The purpose of asking open-ended questions is to gather as much information as possible from the sample.
The following are the methods used for qualitative research:
1.  One-to-one interview
2.  Focus groups
3.  Ethnographic research
4.  Content/Text Analysis
5.  Case study research
Learn more: Qualitative Research Methods
Quantitative research: Qualitative research is a structured way of collecting data and analyzing it to draw conclusions. Unlike qualitative methods, this method uses a computational and statistical process to collect and analyze data. Quantitative data is all about numbers.
Quantitative research involves a larger population — more people means more data. With more data to analyze, you can obtain more accurate results. This method uses closed-ended questions because the researchers are typically looking to gather statistical data.
Online surveysquestionnaires, and polls are preferable data collection tools used in quantitative research. There are various methods of deploying surveys or questionnaires.
Online surveys allow survey creators to reach large amounts of people or smaller focus groups for different types of research that meet different goals. Survey respondents can receive surveys on mobile phones, in emails, or can simply use the internet to access surveys.
Learn more: What is Quantitative Research?

What Is the Purpose of Research?

 

There are three purposes of research:
1.  Exploratory: As the name suggests, exploratory research is conducted to explore a group of questions. The answers and analytics may not offer a final conclusion to the perceived problem. It is conducted to handle new problem areas that haven’t been explored before. This exploratory process lays the foundation for more conclusive research and data collection.
2.  Descriptive: Descriptive research focuses on expanding knowledge on current issues through a process of data collection. Descriptive studies are used to describe the behavior of a sample population. In a descriptive study, only one variable is required to conduct the study. The three main purposes of descriptive research are describing, explaining, and validating the findings. For example, a study conducted to know if top-level management leaders in the 21st century possess the moral right to receive a huge sum of money from the company profit.
3.  Explanatory: Explanatory research or causal research is conducted to understand the impact of certain changes in existing standard procedures. Conducting experiments is the most popular form of casual research. For example, a study conducted to understand the effect of rebranding on customer loyalty.
To understand the characteristic of research design using research purpose here is a comparative analysis:
Exploratory Research
Descriptive Research
Explanatory Research
Research approach used
Unstructured
Structured
Highly structured
Research conducted through
Asking research questions
Asking research questions
By using research hypotheses.
When is it conducted?
Early stages of decision making
Later stages of decision making
Later stages of decision making
Learn More: Primary Research – Examples, Methods and Purpose
The research method is defined as the tools or instruments used to accomplish the goals and attributes of a study. Think of the methodology as a systematic process in which the tools or instruments will be employed. There is no use of a tool if it is not being used efficiently.
Research begins by asking the right questions and choosing an appropriate method to investigate the problem. After collecting answers to your questions, you can analyze the findings or observations to draw appropriate conclusions.
When it comes to customers and market studies, the more thorough your questions, the better. By thoroughly collecting data from customers through surveys and questionnaires, you get important insights into brand perception and product needs. You can use this data to make smart decisions about your marketing strategies to position your business effectively.

Types of research methods and research example

 

Research methods are broadly classified as Qualitative and Quantitative.
Both methods have distinctive properties and data collection methods.

Qualitative Methods

 

Qualitative research is a method that collects data using conversational methods. Participants are asked open-ended questions. The responses collected are essentially non-numerical. This method not only helps a researcher understand what participants think but also why they think in a particular way.
Types of qualitative methods include:
·      One-to-one Interview: This interview is conducted with one participant at a given point in time. One-to-one interviews need a researcher to prepare questions in advance. The researcher asks only the most important questions to the participant. This type of interview lasts anywhere between 20 minutes to half an hour. During this time the researcher collects as many meaningful answers as possible from the participants to draw inferences.
·      Focus Groups: Focus groups are small groups comprising of around 6-10 participants who are usually experts in the subject matter. A moderator is assigned to a focus group who facilitates the discussion amongst the group members. A moderator’s experience in conducting the focus group plays an important role. An experienced moderator can probe the participants by asking the correct questions that will help them collect a sizable amount of information related to the research.
·      Ethnographic Research: Ethnographic research is an in-depth form of research where people are observed in their natural environment without This method is demanding due to the necessity of a researcher entering the natural environment of other people. Geographic locations can be a constraint as well. Instead of conducting interviews, a researcher experiences the normal setting and daily life of a group of people.
·      Text Analysis: Text analysis is a little different from other qualitative methods as it is used to analyze social constructs by decoding words through any available form of documentation. The researcher studies and understands the context in which the documents are written and then tries to draw meaningful inferences from it. Researchers today follow activities on a social media platform to try and understand patterns of thoughts.
·      Case Study: Case study research is used to study an organization or an entity. This method is one of the most valuable options for modern This type of research is used in fields like the education sector, philosophical studies, and psychological studies. This method involves a deep dive into ongoing research and collecting data.

Quantitative Research Methods

 

Quantitative methods deal with numbers and measurable forms. It uses a systematic way of investigating events or data. It is used to answer questions in terms of justifying relationships with measurable variables to either explain, predict, or control a phenomenon.
There are three methods that are often used by researchers:
·      Survey Research — The ultimate goal of survey research is to learn about a large population by deploying a survey. Today, online surveys are popular as they are convenient and can be sent in an email or made available on the internet. In this method, a researcher designs a survey with the most relevant survey questions and distributes the survey. Once the researcher receives responses, they summarize them to tabulate meaningful findings and data.
·      Descriptive Research — Descriptive research is a method that identifies the characteristics of an observed phenomenon and collects more information. This method is designed to depict the participants in a very systematic and accurate manner. In simple words, descriptive research is all about describing the phenomenon, observing it, and drawing conclusions from it.
·      Correlational Research— Correlational research examines the relationship between two or more variables. Consider a researcher is studying a correlation between cancer and married Married women have a negative correlation with cancer. In this example, there are two variables: cancer and married women. When we say negative correlation, it means women who are married are less likely to develop cancer. However, it doesn’t mean that marriage directly avoids cancer.

Identifying Research Methodology

 

To choose the appropriate types of research, you need to clearly identify the objectives. Some objectives to take into consideration for your business include:
·      Find out the needs of your clients.
·      Know their preferences and understand what is important to them.
·      Find an appropriate way to make your customers aware of your products and services.
·      Find ways to improve your products or services to suit the needs of your customers.
After identifying what you need to know, you should ask what research methods will offer you that information.
Organize your questions within the framework of the 7 Ps of marketing that influences your company – product, price, promotion, place, people, processes, and physical tests.
A well-organized customer research process produces valid, accurate, reliable, timely, and complete results. Results that rigorously reflect the opinions and needs of your clients will help you grow your sales and improve your operations. To obtain the results, you need to establish and follow the processes that you have detailed out for your organization:

Set your goals

 

Consider the client’s objectives and define those that identify with yours. Make sure that you set smart goals and objectives. Do not presume the results of your surveys.

Plan your research

 

Good planning allows the use of creative and logical approaches to select the methods that gather the most accurate information. Your plan will be influenced by the type and complexity of the information you need, the skills of your market research team, and how soon you need the information. Your budget also plays a large role in your ability to collect data.

Collect and collate your results

 

Make a list of how you are going to carry out the research process, the data you need to collect, and collection methods. This will help you keep track of your processes and make sense of your findings. It will also allow you to verify that your research accurately reflects the opinions of your clients and your market. Create a record table with:
·      The consumer research activity
·      The necessary data
·      The methods for data collection
·      The steps to follow for data analysis.
Remember, research is only valuable and useful when it is valid, accurate, and reliable. Relying on imperfect research is dangerous. Incorrect results can lead to customer churn and a decrease in sales.
It is important to obtain information about how the collection of customer information was carried out, and to ensure that your data is:
·      Valid – founded, logical, rigorous, and impartial.
·      Accurate – free of errors and including required details.
·      Reliable – that can be reproduced by other people who investigate in the same way.
·      Timely – current and collected within an appropriate time frame.
·      Complete – includes all the data you need to support your business decisions.

Analyze and understand your research
 
Analysis of the data can vary from simple and direct steps to technical and complex processes. Adopt an approach, and choose the method of data analysis based on the methods you have carried out.

Keep the findings ready
 
Choose a spreadsheet that allows you to easily enter your data. If you do not have a large amount of data, you should be able to manage them with the use of basic tools available in survey software. If you have collected more complete and complex data, you may have to consider using specific programs or tools that will help you manage your data.

Review and interpret the information to draw conclusions
 
Once you have gathered all the data, you can scan your information and interpret it to draw conclusions and make informed decisions. You should review the data and then:
·      Identify the main trends and issues, opportunities, and problems you observe. Write a sentence describing each one.
·      Keep track of the frequency with which each of the main findings appears.
·      Make a list of your findings from the most common to the least common.
·      Evaluate a list of the strengths, weaknesses, opportunities, and threats that have been identified in a SWOT analysis.
·      Prepare conclusions and recommendations regarding your research.
Review your goals before making any conclusions about your research. Keep in mind how the process you have completed and the data you have gathered help answer your questions. Ask yourself if what your research revealed facilitates the identification of your conclusions and recommendations. Review your conclusions and, based on what you know now:

Choose some strategies that will help you improve your business
 
·      Act on your strategies
·      Look for gaps in the information and consider doing additional research if necessary
·      Plan to review the results of the research, and consider efficient strategies to analyze and dissect results for interpretation.
https://researchwap.com/post/what-is-research-and-how-to-research




THE ROLE OF FEDERAL GOVERNMENT OF NIGERIA IN THE PROMOTION OF SMALL AND MEDIUM SCALE BUSINESSES IN NIGERIA


INTRODUCTION



Small scale business constitute an important component of the Nigerian industrial sector. The importance of this sector cannot be over emphasized, especially in a typical developing country like ours where the level of youth unemployment is rising beyond control. Hence small scale industries generate employment opportunities per unit of capital investment because they are generally more labour intensive which are more capital in nature. A large scale industry that cost N20million for instance, may employ a mere 70 (seventy) workers or less. Where as a small scale industry that cost just N150,000 (one hundred and fifty thousand naira) may employ about 20-30 workers.
Small scale business specialized in the production and marketing of various products and services ranging from food, beverages, drinks/sachet water, cosmetics, spare parts and many others.
Kilby (1969) acknowledge the diversity of terms of the degree of specialization and division of labour and the quantity of raw materials and output and the character of markets being served by small scale businesses. As a result the bulk of Nigerian business falls within the small scale business which account for over 80% of the number of enterprises in the country. (Ekunna 1992 Pg.160)
Several number of small scale business are successful while other fail or are staggering for survival due to poor background management, lack of qualified manpower, poor capital base, lack of marketing research and appropriate technology and credit rating among banks and other lenders. These problems continue to militate against the establishment, survival and growth of small scale business in Nigeria. Although successful government in Nigeria have been emphasizing on the importance of small scale business and have established institutional support agencies to facilitate industrialization.
However, small scale business still operate in uncertainty and are faced with serious obstacles, this raises the questions of whether  the federal government is actually up to the responsibility in the promotion of small scale business in Nigeria.    
OBJECTIVE OF THE ESSAY
The main objectives of this study is to evaluate the impact of federal government in the promotion of small scale business in Nigeria. This study will specially seek to achieve the following:
To evaluate the marketing challenges facing small scale businesses. To identify the sources of funds to the activities of the industry. To find out the extent of government involvement in  promoting the activities of the business. To bring to light the contribution of the industry to the development of national diploma in marketing.
Finally, it is my hope that the students of marketing and others in related discipline will find this study very informative and useful tool in their respective studies.
SCOPE OF THE STUDY
As the title of this essay indicates, the study focuses its attention to federal government support to small scale business enterprises in Nigeria, it causes various policy, guidelines, direct and indirect financial assistance and other programs and initiatives designed to promote this vital sector of the country.
SIGNIFICANCE OF THE ESSAY
The significance of this study lies basically on its contribution to knowledge and its benefits to individual and organization. The current economic crises in Nigeria has deciminated the growth of infant industries and encourages the establishment of similar business venture in both small and large scale proportions.
Although successful governments have vowed to support individuals and group initiatives in the establishment of small scale businesses.
The current state of most small scale business in Nigeria is a far cry particularly when structural adjustment programme (SAP) was introduced, which brought about the problem of devaluation of the naira and the scarcity of foreign exchange of raw materials from abroad which has adversely affected production unit especially under a depressed economy.
This study is an attempt to evaluate the role of government in the promotion of small scale business in Nigeria as a country.
DEFINITION OF TERMS
The following terms and abbreviations used in the extended essay are defined below:
(SSICS) Small Scale Industries Credit Scheme
(SME) Small and Medium Enterprises
(NIDB) Nigerian Industrial Development Bank
(NERFUND) National Economic Reconstruction Fund
(NDE) National Directorate of Employment
Small scale enterprise: Apart from size, it is a type of business that is self initiated, largely self financial, closely self managed and is of relatively small in size when considered as part of the industry. Management: Is the part of loaning organizing, directing and motivating others so as to enhance productivity with maximum utilization of available resources and achieving the organizational goals or objectives. Resources: These are the primary inputs that needs to be put together into function before the proper management activities really take place. These activities include; men, materials , money and machines.
Enterprises: This is one of the fundamental principles of management that is concerned with the division of labour and assigning of responsibilities with authority for the well being of business unit.      https://researchwap.com/entrepreneurship/the-role-of-the-federal-government-of-nigeria-in-the-promotion-of-small-and-medium-scale-businesses-in-nigeria/index.html


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