The assignment requires an independent project on a business-related issue chosen by the student. The report should showcase understanding of the business research process, including formulating research questions, designing methods, and analyzing data. The topic is 'How effective is social media as a tool to promote and create brand awareness' with three research objectives: exploring the effect of social media on brand loyalty, analyzing customer attitudes and buying behavior due to social media marketing in the fashion or beauty industry, and providing recommendations for organizations to induce positive brand awareness and brand loyalty.