Question
Research proposalprepare a scope of research proposal for the case which is TimingHQ. Website - https://www.timinghq.com Location - San Diego, California, United States TimingHQ is
Research proposalprepare a scope of research proposal for the case which is TimingHQ.
Website -https://www.timinghq.com Location -San Diego, California, United States
TimingHQ is a one-stop shop for timing and registration management. TimingHQ has become an international timing company aimed at providing the best possible race experience to race directors and participants. Our TimingHQ staff has worked with and timed some of the most complex events in the world from the Brighton Marathon in England to the United States National Triathlon Championships. Our experience is in many types of events and distances, running, cycling, and triathlons, and all distances and styles of events in between. We don't believe in shortcuts! No event is too small or too large. Our Services Include: Pre-Race Planning & Consultation Registration Management Consultation Timing Post-Result Consultation
- We are ready to take our business to the next level. Presently we time and manage endurance events across multiple markets in the United States, as well as in England and Mexico. However, with the Pandemic, we have the landscape of the endurance industry change and we would like to capitalize on the shift. We currently will manage and time large and small-scale events, focusing on profitability more than event participation size. We have some ideas of where we would like to go but we would like to make sure that we consider all available options before making a decision.
- Our specific need is an outline of our industry's expansion opportunities. For example, where is the vast amount of profitable event business? Is it industry conference add-on events (Such as a Sponsored 5K)? Is it in the status quo of running, triathlon, or cycling? Or is it perhaps in something completely new like drone racing, etc? This report should include an optimal location recommendation list.
Should consider that "Which markets align with our current place in the market? Where are buyers that we have yet to reach? What are the pros and cons of expanding our operations domestically or internationally? What potential competitors exist in new locations? Are there conferences/events to attend and market to find potential events? Are their outlying industries that need timing or RFID tracking that we should consider?".
For example:
- Market research, analysis, and recommendations
- Strategy formulation and implementation
- Disruption and adaptation
- International expansion assessment
- Business model design
- External analysis of environmental forces, industry structure, and competitive landscape
- Investigating and recommending growth opportunities
Questions:
Part A: Research Methodology - It will identify the sources of information that you will be investigating.
1, What will include a statement about the extent of primary and secondary research that will be undertaken? (Group demonstrated significant originality and appears to have a research methodology approach that will answer the client's immediate needs and may even go beyond the client's current request. )
2, What is a rationale for such reasoning? (Group demonstrated significant originality and appears to have a research methodology approach that will answer the client's immediate needs and may even go beyond the client's current request.)
Part B: Analysis: provides a clear line of thought/logic in regards to addressing the question with a clear emphasis on using information directly related to the question to provide a tangible answer that address your client's interests. Questions that need to be addressed are;
1, How does this information address the issues identified?
2, what is evidence that the information is as relevant as possible?
3, what is the information collected current?
(Above average discussion as to the relevance, reliability, and currency of the information collected; Good use of high-quality research sources. MINIMUM OF 25 CREDIBLE SOURCES; High quality of referencing sources in the text.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started