TaskYou are required to carry out a research project on a recent or planned new product or service of your own choice. It should reflect your own experiences within your current organisation or one with which you are familiar.Your are expected to carry out a self-managed piece of work, showing evidence of critical evaluation and synthesis of relevant philosophies, theories and models of management. This may involve the use of both primary and/or secondary data sources.You are strongly advised to discuss potential topics with your tutor before commencing work.You should:? Develop a business case for a new product, service or process built upon recent research.? Review current theoretical debate that supports this business case.? Incorporate into this business case information on market competition and activity.? Identify and cost all materials, equipment, labour and other resources required for developing the product, service or process.? Identify and cost the training and development of staff required.? Identify sources of all resources required.? Plan and agree the timescale for management and implementation of the project, service or process.? Plan and develop an appropriate marketing strategy for this implementation.? Develop appropriate measures to monitor and evaluate progress. Document Preview: Page 1 Management Research Project RDI/EDEXCEL Diploma in Management Studies Management Research Project Assignment Page 2 Management Research Project Learning Outcomes To achieve this unit a student must: ? Identify the development of a new product, service or process in terms of overall profitability. ? Calculate, agree and plan for the necessary resources required for the project. ? Plan and agree the implementation of the product, service or process and the measures for monitoring and evaluating success. Task You are required to carry out a research project on a recent or planned new product or service of your own choice. It should reflect your own experiences within your current organisation or one with which you are familiar. Your are expected to carry out a self-managed piece of work, showing evidence of critical evaluation and synthesis of relevant philosophies, theories and models of management. This may involve the use of both primary and/or secondary data sources. You are strongly advised to discuss potential topics with your tutor before commencing work. You should: ? Develop a business case for a new product, service or process built upon recent research. ? Review current theoretical debate that supports this business case. ? Incorporate into this business case information on market competition and activity. ? Identify and cost all materials, equipment, labour and other resources required for developing the product, service or process. ? Identify and cost the training and development of staff required. ? Identify sources of all resources required. ? Plan and agree the timescale for management and implementation of the project, service or process. ? Plan and develop an appropriate marketing strategy for this implementation. ? Develop appropriate measures to monitor and evaluate progress. Page 3 Management Research Project The report will be approximately 2,500 -3,000 words in length. The structure of the report should be as follows: 1. An introduction Attachments: Module-3-Mana.pdf