Research topic Problem definition: Determine a common businesschallenge of interest. This could be a potential dissertation topic,although it is still too early to define. Describe the problem from aresearch perspective along with its significance in society. This is asimple paper that guides the rest of your research design projects laterin the course.The paper will cover the following:Definition of the problem ,Significance of the problem,Research questions to be answered (with correspondinghypotheses)