Study the information provided below and answer ALL the questions that follow

A Bachelor of Business Administration honours student has developed a research proposal with the aim of investigating the

relationship between the average managerial experience of the top management teams $($TMT$)$ of JSE$-$listed financial firms

and financial performance.

The student has formulated the following research questions for the study:

$1.$ What is the average managerial experience of the top management teams of JSE$-$listed financial firms?

$2.$ Is the financial performance of JSE$-$listed financial firms influenced by the average managerial experience of the top

management teams?

$3.$ What practical recommendations can be made to the top management teams of JSE$-$listed financial firms on how to

leverage managerial experience for organisational financial performance?

QUESTION $1(20$ Marks$)$

Based on the information about the student$$s proposed study, answer the following questions:

$1\mathrm{.}1$ Based on your understanding of topic formulation in business research, formulate a suitable topic

for the student$$s proposed study.

$(3$ marks$)$

$1\mathrm{.}2$ With reference to the $5$W criteria, critically analyse the topic you have formulated in $1\mathrm{.}1.(8$ marks$)$

$1\mathrm{.}3$ Formulate THREE $(3)$ research objectives for the proposed study $($Note: the research objectives should be aligned

with the research questions formulated for the study$).(3$ marks$)$

$1\mathrm{.}4$ Motivate an appropriate research design for the proposed study. $(6$ marks$)$