The Problem

The following are instructions for the Background of the Problem:

Background of the Problem
Provide a one to a two-page overview of the context and background of the problem being researched in this study. This section has a clear statement demonstrating that the focus of the study is on a significant applied business problem that is worthy of study. There is a brief, well-articulated overview of highlights from the research literature that substantiates the context of the
study by indicating a gap between the existing literature in the cognate field and effective business practice. Identify any potential solutions currently in the literature. Use only primary scholarly sources for this section from the last 5 years.

The Purpose Statement instructions:
The Purpose Statement clearly describes the intent/focus of the study. Simply put, the purpose of the study is to extend the current body of knowledge to a specific context identified in the general and specific problems by answering the research questions. The research project will essentially fill a gap where knowledge is missing. The study must rest solidly on the foundation provided by the existing body of knowledge and be clearly connected to it.
The purpose statement should be a single paragraph with less than 250 words and should include the specific design of the study being conducted. Refer to the Nature of the Study for a detailed discussion of the research design and methods. The purpose statement should include descriptive words such as explore or understanding for qualitative studies and evaluate or measure for quantitative studies. The purpose statement must begin with, “The purpose of this Design – Method is to…”.

This is what I have for the general and specific problems:
The general problem to be addressed is the failure of companies to develop successful strategies in the merger and acquisitions (M&A) process resulting in an inability to achieve financial synergy and accelerate a company’s growth.

The specific problem to be addressed is the possible failure of technology companies in the Northeastern region of the United States to develop strategic approaches in the mergers and acquisitions processes resulting in the possible inability to gain financial synergy and accelerate a company’s growth.

Research Questions:
RQ1: Why do strategic leaders fail to develop tactical approaches in the merger and acquisition processes in the Northeastern region of the United States?
1.a. What strategic leader’s activities or responses contribute to failure in achieving financial synergy?
1.b. What strategic leaders’ activities or responses contribute to success in achieving financial synergy?
RQ2: What strategic approaches can leaders develop and implement to achieve financial synergy and accelerate a company’s growth?
RQ3: How do strategic approaches of merger and acquisition processes contribute to achieving financial synergy and a company’s growth?