PRELIM MANUSCRIPT
BUSINESS RESEARCH
TOTAL: 50 POINTS
Create a Concept Paper for Business Research containing the following:
1. Topic
2. Proposed Title
3. Background
4. Scope
5. Purpose
TOPIC 1 Impulse Buying and Financial Literacy of Financial
Management Students
PROPOSED The Role of Financial Literacy to the Impulse Buying Behavior
TITLE
of the Financial Management Students in Immaculada
Concepcion College
BACKGROUND People nowadays tend to conform and try to get the
trending products such as clothing, foods, accessories, and
much more. Living in a modern era made different individuals
to be pressured to achieve what other persons have. Impulse
buying has become the common habit of consumers,
especially the young adults and it means an unplanned
purchase of something. Studies developed by Meena (2018)
show that from a young age one begins to prefer one
product/service over another, as we are confronted with
various commercial stimuli that shape our choices. Impulse
buying is a problem in this generation that must be resolved.
SCOPE The scope of this study focuses on examining the relationship
between financial literacy and impulse buying behavior among
students studying financial management. It may involve conducting
surveys or interviews to collect data on financial literacy levels and
impulse buying behavior of financial management students in
Immaculada Concepcion College and analyzing the data to identify
any correlations or patterns.
PURPOSE
The purpose of this research is to conduct a needs
analysis to determine what interventions related to financial
literacy may be delivered to them to improve their financial
decision-making, specifically to look at the relationship
between financial literacy and impulse buying.
TOPIC 2
Inflation and its effect on the Personal Finance
PROPOSED
TITLE
A Study about the Impact of Inflation on the Personal Finance
of the Employees in Immaculada Concepcion College
BACKGROUND Not all people are financially literate, therefore it is
understandable that most of the population are unaware that the
money in the household runs out quickly due to the strong desire
to buy something.
One essential skill for surviving in a modern world is
financial literacy. The interest on credit cards and mortgages,
insurance as well as future savings and investments should all be
understood by people. This study will discuss the value of financial
literacy to diminish the impulse buying behavior of financial
management students in Immaculada Concepcion College, since
the course speaks for stronger understanding about finances. The
researchers will also determine the various reasons for impulse
buying and the influence of financial literacy on the above-
mentioned negative behavior. The researchers want to address the
issue and cultivate young minds to be aware of reality and be
disciplined to handle their finances.
SCOPE This study focuses on how inflation impacts employees at
Immaculate Conception College's personal finances. This will
be showing the outcome of the influence of personal finance
inflation on the predetermined number of employees who will
be interviewed at the Immaculate Conception College.
PURPOSE The purpose of this research is to find out how inflation
affects economic growth and demonstrate that there is a
correlation between inflation and growth to interrogate
employees about how the country's ongoing rise in inflation
has affected their personal finances.
