FORMATIVE ASSESSMENT $2$

$[100$ MARKS$]$

Read the extract below and answer the questions that follow

The right choice of a suitable research methodology is a crucial decision to perform effective scientific research and is mainly based on linking research objectives to the characteristics of the available research methodologies. Based on the notion that researchers in the fields of Economics, Business and Technology have to choose among multiple methods and techniques the selection of an appropriate research approach that might support cross$-$disciplinary research is one of the most difficult decisions for a researcher. For that reason, the aim of this paper is to provide issues related to: $($a$)$ Quantitative Research, $($b$)$ Qualitative Research and $($c$)$ Strategic Management of Digital Systems in order to investigate a suitable research methodology for identifying and analysing key strategic management factors and phases. The publication of this paper has been partly supported by the University of Piraeus Research Centre.

QUESTION $1$

$(25$ Marks$)$

a$)$ Identify the specific research questions that align with the aim of investigating a suitable research methodology for identifying and analysing key strategic management factors and phases in the fields of Economics, Business, and Technology.

b$)$ Outline the research objectives that serve as a guiding framework for exploring the issues related to quantitative research, qualitative research, and the strategic management of digital systems within the context of this study.

c$)$ Present a concise problem statement that encapsulates the challenges faced by researchers in Economics, Business, and Technology when selecting an appropriate research approach for cross$-$disciplinary studies.

$(5)$

d$)$ Assess the significance and implications of this study, considering how it contributes to addressing the challenges faced by researchers in understanding the key strategic management factors and phases in the intersection of Economics, Business, and Technology, particularly within digital systems.

e$)$ Identify the key variables refevant to this study and their relationships.