Research Proposal on Quantum Technology Marketing in Business

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This report presents a detailed research proposal focused on the application of information and communication technology (ICT) in Quantum Technology Marketing, specifically within the context of small-medium sized enterprises (SMEs). The research aims to analyze the technical barriers faced by businesses, the impact of digital transformation, and the role of ICT in achieving profitable growth. The proposal outlines the research objectives, questions, and rationale, including a literature review that explores various aspects of ICT implementation, its benefits, and potential challenges. The study examines the operations of Quantum Technology Marketing Group Limited and its marketing services. The research intends to provide recommendations for effective techniques that can enhance business growth and address issues related to information and communication channels. The report also includes a table of contents and references for the proposal.
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UNIT 11 RP
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TABLE OF CONTENTS
P1 Preparing research proposal..............................................................................................2
P2 Analysing the appropriate research methods....................................................................7
P3 Conducting Research with appropriate methods...............................................................9
P4 Implicating analytical tools for research.........................................................................11
P5 Communicating the research outcomes...........................................................................13
P6 Personal reflection...........................................................................................................19
P7 Alternative Research Methods which can be used..........................................................19
CONCLUSION..............................................................................................................................20
REFERENCES..............................................................................................................................21
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P1 Preparing research proposal
Research Topic: “To determine the application of information and communication technology
over business- A study on Quantum Technology Marketing”.
Background
The research will be based on analysing the various factors and issues which will has
been faced by the small-medium size enterprises in the current time. However, it determines the
changes have been adopted by the organisations in relation with attaining the profitable growth.
The research is also consisted with conducting the surveys and making the fruitful research in the
market. It determines the operational need of the professionals which is meant to be met and
overcome with appropriate research outcomes. It ascertains the impacts of digital transformation
over the marketing industries and also determines various factors of ICT in relation with the
same. The study is beneficial in analysing the current changes in the marketing environment.
This is the innovative technique is helpful in building the best audio-visual network connection.
However, the following research will reflect all the satisfactory implication of such techniques
into business operations.
Overview
The business Quantum Technology Marketing Group Limited is known for facilitating
the satisfactory marketing services for technical corporations. It mainly works in United
Kingdom as well as in several nations. The firm has initiated the business operations in the year
1998 which is currently had operations in the UK, Ireland, India and Russia. It helps in providing
the marketing services to the accounting-based marketing services. These are mainly relevant
with disclosure of the financial data set as well as attracting the shareholders or investors to the
firm to make their fruitful investments. It helps in event registration for demand generation and
promotional webinars. The main motive of this firm is to provide sufficient marketing services to
the organisations which helps them in creating the brand identity in the market as well as have
the satisfactory capital structure. The firm is having more than 110 employees and it is the UK's
fastest growing organisation.
Aim and Objectives
Aim: “To analyse the technical barriers in the entity- Quantum Technology Marketing”
Objectives:
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To Identify technical obstacles in the business.
To ascertain the lack of information and communication channel in the entity.
To analyse the accessibility of the professionals as well as consumers over the sites.
To recommend the effective techniques which will be helpful for business growth.
Research question
What are the technical obstacles in the business?
Why is there lack of information and communication channel in the entity?
How accessible the professionals as well as consumers over the sites?
What are the recommendations for effective techniques which will be helpful for business
growth?
Rationale
The motive behind performing such research is to examine the adequate factors which are
influencing the internal control and growth of the business. There has been influences of various
technical tools and techniques which will be helpful in enhancing the operational performance of
the organisation. Therefore, such advancement will be helpful in building the better information
and communication channel in venture.
What: The reason is that, in the current era every organisation is seeking for the
appropriate operational advancement which will bring the promptness in efforts as well as in
quick outcomes (Randhawa and Sethi, 2017). The motive to earn the higher profit which will be
helpful as to implicate the various techniques of digital reforms into operations.
Why: The promptness in terms with achieving the satisfactory targets leads the
organisation to have improper management of the internal operations. There are various reasons
behind the operations which are affecting the operational needs such as improper communication
and information channel (Hadi, Handajani and Putra, 2018). Due to such reasons the managers
and the top-level supervisors do not have appropriate time to analyse the business outcomes as
well as make any fruitful decision.
How: To resolve such issues, it is essentially required that the professionals must bring
the digital reforms into business operations. To build a profitable communication network among
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each department in the organisation (Lupo and Velicogna, 2018). It will help them in providing
the financial and other information to another unit. The strong information network will help in
managing the operations of the entity.
Literature Review
According to Singh, and Hess, (2017), the information and communication in an
organisation need to be satisfactory and convenient to the employees as well as for the
consumers. It will be helpful in managing the operations as well as resolving the queries or
hurdles in prominent way. Therefore, there are various operations which are helpful to the
organisation in terms with helping it to have the adequate growth. There has been increment in
the use of computer and technical devices instead of using the formal way of communicating and
recording the data. Skorupinska and Torrent-Sellens, (2017), stated that, the implication
information and communication technique in the organisation will be beneficial in terms of
spreading the appropriate knowledge about the new inventions and changes which has been
adapted by the professionals.
In accordance with Ahmad, Mukhtar and Yahya, (2017), ICT provokes the modern
computing technique where all the data and information relevant with the organisation such as
financial records, stakeholders etc. has the strong back up on the cloud computing techniques.
This is the best technique which is need to be implicated by the professionals which bring the
work flexibility. Thus, due to such inventions the business will have adequate support and
management system which will be helpful for managing the industrial operations from anywhere
and at anytime. On the other side, Hatziargyriou and et.al., (2017) said that, the digital
transformation has brought the dependency over the technical gadgets more than the traditional
techniques to analyse the solutions. It also rises the domination, exploitation and control which is
threatening for the humanity.
Baty and et.al., (2017) stated that, due to excessive implication of the computing
operations there has been increment in the competition in the market which is provoking the
challenges to be faced by the professionals to meet the profitable targets. There has been various
issues and obstacles which are inviting the tough challenges to the organisation in survival. The
dependency of the large or small all kinds of corporation over the modern computing techniques
such as recording of data, analysing and computing the outcomes which will be provoking and
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unhelpful for the entity to have the adequate increment in the operations. Nunberger, (2017)
determines that, it brings the healthy networking environment in the premises on which all the
professionals of each unit prepare reports and facilitate the adequate informations about the
process and operational activities performed by the professionals.
According to Ross and Ali, (2017), In the current time there has been influence of various
applications and software which are being operated and used by the professionals in every
industry. Thus, this are very helpful as well as adequate in terms of having the accurate results
over recorded data. It brings the convenient analysis over the financial records of the business
such as preparing the income statements, balance-sheet, cash flow statements etc. In addition
Walton, (2017) said that, the implication of these things is very helpful for managing the large
financial operations such as making the audit of the accounts as well as preparing the forecasting
statements. Thus, it will b helpful to the entity in terms of having the adequate increment in the
profitability as well as revenue generation but it will have the negative impacts over production
and managements in the company.
According to Skorupinska and Torrent-Sellens, (2017), it will be beneficial in having the
international brand image of the organisation which in turn helpful for gathering the international
investors. It will rise the capital structure of the entity as well as will be fruitful source for
planning the operations and expansion strategies for the future. Randhawa and Sethi, (2017)
stated that, This is the most convenient source for the organisation as it facilitate the appropriate
platform and medium of communication. Thus, here all the departments or branches of a
business prepare reports and communicate it to the main branch which helps the board of
directors to make satisfactory development in the plans and operations. The preparation of
various budgets and statements which are consisted of all the previous gains and expenditure
over a particular task will be necessary to recover and overcome (Vassileva, Campillo and
Schwede, 2017). The message is being circulated over every channel as they will have the most
accurate and adequate analysis over the operations. The top level managers will become able to
decide whether to start more investments of to stop the activities which are consuming higher
costs.
According to Ng, Bil and Marzocca, (2017), the information and communication
technique will be beneficial for communicating the business achievements among the
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stakeholders of the firm it will be helpful in determining the corporate social responsibility of the
organisation. Here the managers and the professional will analyse the performance as well as
make sufficient efforts to achieve the goals of the business. It will be appropriate way to analyse
the loopholes as well as weaknesses of the entity in meeting the challenges. The confidentiality
of the information will be kept in mind as per implication of the digitalisation in the firm. There
will be records of all the investors and employees in the organisation which are need to be kept
private and prevent it from the influence of any third party. Kaleem, Jain and Husain, (2017)
stated that, the influence of such digital transformation as the positive impacts over storing the
more data rather than kept in the papers or books. The data are stored in the computer device
with the consideration of software as well as appropriate security system. However, this
information will be analysed and calculated to have the appropriate outcomes of the activities.
According to Ramesh and Dibaba, (2017), There can be various medium of making the
better informative communication among the employees and managers in the organisation. It
includes the writing, telecommunication, broadcasting and voice or text messages. Therefore,
these are the Morden techniques which will be helpful among industries to have better control
over the each piece of work as well as appropriate management of the tasks. It also motivates the
workforce to make their fruitful efforts in achieving the targets of entity. Usman and et.al.,
(2017) said that, in the current time there are various user friendly software and hardware which
are making it easy to the professionals in terms of making the fruitful decisions. The preparation
of drafts for planning the budgets will have various modifications as per the requirements of the
business. It brings the favourable interaction among the employees in the firm. There will be
adequate increment in the innovations as well as revenue generation of the firm (Hadi, Handajani
and Putra, 2018). The managers will organise the meetings, conferences on which various
employees will present their views and innovative ideas which will be profitable for the industry
in attaining the adequate success in the business environment.
According to Lupo and Velicogna, (2018), there has been various modern techniques
which are need to be implicate in the daily operational work of organisation. Therefore, there are
several innovative techniques which are helpful in preparing the adequate reports for better
decision making. Includes the integrated reporting techniques, CSR and various budgetary
reports which will be helpful to the business in terms of attaining the adequate growth and
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profitability. It will manage the relationship inside the organisation or with the external parties
which are involved with the trade practices of entity. Tutusaus, Schwartz and Smit, (2018) stated
that, there will be appropriate management of the business resources such as monitoring the
demand, supply and production process of the industry in consideration of the costs. Thus, it can
be said that there are various operations which are meant to be performed and analysed by the
business professionals to make the adequate increment in the growth and profitability of the
business unit.
According to Sta, (2017), These technical things will be beneficial in bringing the
promptness, enhancing efficiency as well as managing the adequate operations of the industry.
To attaining the profitable growth one entity need to be strong in operations as well as in the
financial health. To manage the big tasks as well as bring the appropriate changes in the
operational work of the business there will be essential need of making the most appropriate
changes. Mondragon, Mondragon and Coronado, (2017) said that, the requirement of ICT
techniques is becoming the trend and is being required in all kinds of industries such as in
marketing, manufacturing, installing, maintaining as well as assembling the repair systems. It
also considers the best support in managing the designing and mechanical work. Various
designed of vehicle are designed over the computer software which brings the 3D image of the
project. It helps the robotic arms to follow the command and make the productive efforts.
Therefore, the use of these techniques is beneficial in improving the quality of the work as well
as managing the large tasks in a most prominent way (Information and Communications
Technology (ICT), 2018). The accuracy of the outcomes is quite reliable and validate in terms of
saving the maximum time of the business. It also ensures the proper utilisation of resources on
the basis of less wastage of material and time (Ahmed, Naeem and Iqbal, 2017).
P2 Analysing the appropriate research methods
Research Philosophy Positivism
Research approach Inductive
Research Design Exploratory
Research Type Quantitative
Data collection Primary
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P3 Conducting Research with appropriate methods
To have the convenient study over these issues the study will be based on various
methods and techniques which are need to be implicated by the researchers which will funnel
them as well as provoke them to follow all the policies and procedure of preparing the reliable
report.
Research philosophy
The philosophy behind the research is that, it gathers the phenomenon which are to be
analysed and interpreting to have the sufficient information regarding the research problem. To
analyse and interpret the collected information there will be use of positivism philosophy.
According to such quality of the research philosophy on which it can be said that the information
will be gathered and observed to reach to the objective point (Alvesson and Sköldberg, 2017).
Therefore, it will be helpful to analyse the individual behaviour as well as thinking behind the
obstacles.
Research approach
In relation with determining the individual behaviours regarding the research issues. The
researchers have proposed to choose the qualitative or inductive approach. However, here the
research will be helpful in obtaining the rich and complex understanding from the people as it
operates to gather the information through socialize the research objective (Humphries, 2017).
However, here the researchers collect the informative details on the basis of various hypothesis
and present the appropriate outcomes.
Research Type
It is necessary to have a satisfactory type of research which will lead to the appropriate
solutions. However, there are various operations which will be helpful in making the satisfactory
analysis. Thus, in order to reach the most prominent solutions the researchers has planned to
conduct the fundamental research (Bellini, 2017). In this method the objectives of the research
will be taken into consideration and all the information will be gathered and analysed to obtain
the sufficient solution to research problems.
Research Design
The research will be based on exploratory technique in which all the research questions
will be taken into consideration to bring the concrete solution (Larsen and et.al., 2017).
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However, there are various operations which are need to be followed in analysing collected
information on which the professionals of the entity will be befitted to have the adequate
solutions and techniques to be implement in the operations.
Data collection
In consideration of the collecting appropriate information which are helping in having the
study over the concrete evidences. There will be use of primary and secondary methods which
helps in making appropriate analysis over the issues in the entity (Creswell and Creswell, 2017).
In accordance with the primary research there will be preparation of questionnaires which will be
asked to 50 employees of firm. On the other side, the secondary research will have all the
information which were gathered from books, annual reports, articles, online sites and indirect
observations.
Data analysis
In accordance with the collected information about the research problems, the researchers
have conduct the survey over randomly selected 50 professionals n the organisation. Thereafter,
the collected details will be analysed by the research and the end result will be communicated to
the top-level managers (Alvesson and Sköldberg, 2017). Thus, the analysed data will be helpful
in determining the actual reason behind the problems, which in turn helps in designing the
adequate operational criteria of the business. Moreover, with the help if such designed structure
or solution the entity will have positive increment in the efficiency and profitability.
Research limitations
The researcher in the project has aimed at collecting all the information and details as
much as they can. They have made their numerous efforts which will be helpful in attaining the
appropriate answers to each research problem. However, there are several limitations which was
not helpful in terms of attaining the adequate surveys and fetch all the relevant data. The research
time was very limited which results in not a fruitful analysis were made and proposed to the
professionals (Humphries, 2017). However, there will be more conduction of more observation
over the professionals of the organisation but due to limited sources and time it was not possible.
The availability of funds was not adequate for organising the quality search.
Ethical consideration
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The efforts made by researchers in order to obtain the most adequate reason and bring the
healthy solution to organisation. Therefore, it is quite necessary that all the details or analysed
must be referred to its authentic sources (Bellini, 2017). Thus, it can be said that the research was
made and designed in order to highlight all the issues as well as with consideration of all the laws
and regulations. The detailed information listed in this report as fully in-text with appropriate
referencing.
Reliability and Validity
The collected information from the external sources have the authentic sources and the
accurate reason behind them. It can be said that such information is helpful in determining that
the reliability of the information (Larsen and et.al., 2017). Thus, at the end of this report there are
various references which were listed.
P4 Implicating analytical tools for research
In order to fetch the most adequate and appropriate information regarding the operations
of the business ans well as the problems faced by the professionals. The researchers have
planned to conduct the survey on such people. The main motive behind organising the research is
to analyse the what are the issues which are currently faced by the professionals in relation with
digital transformation of various organisations (Vassileva, Campillo and Schwede, 2017). The
effectiveness of such ICT techniques in enhancing the operational efficiency of the firm.
However, there will be use of two techniques in determining the issues and analysing the
collected data such as:
Primary data collection:
This is the technique which will be helpful in gaining the accurate reasons behind the
questions and issues of the research. Here, the researcher applied this technique to fetch all the
relevant information about the information and communication obstacles in the Quantum
Technology Marketing. In accordance with this technique there are several methods such as
preparing questionnaires, taking interviews, direct intercalation with the people as well as
discussion over the focus group. In order to perform the primary research method the researches
has prepared the set of various questions which were being asked to the 50 employees at QTM.
Therefore, they are making the adequate increment in the profitability as well as analysing this
issues (Kaleem, Jain and Husain, 2017). These employees were randomly selected on the basis
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of simple random sampling techniques. Therefore, there are preparation of the questionnaires
which consisted of all the open-end questions as well as various question which has multiple
objectives. However, it can be said that there are various operations which are meant to be met
by the professionals in order to fetch the adequate solutions.
Questionnaires: To analyse and determine the individual behaviour on the formal basis
there has been preparation of the set of questions which will be helpful in exploring and issue to
have the adequate solutions over it. To analyse several issues in the operations of QTM there will
be questions relevant with the technical issues faced by the professionals in the organisation
(Ramesh and Dibaba, 2017). Therefore, on the basis of such data the research will make most
accurate and satisfactory recommendation for the industry which helps in eventuating the
operations of the business. Moreover, there are 50 workers which were being selected by the
professionals in analysing the issues and making the accurate suggestions to resolve these issues.
Question 1 Do you want that the use of computer and mobile devices must be continue in
operations?
A. Yes
B. No
Question 2 What are the uses of computer in an industry?
A. Data collection
B. Sharing information
C. Developing communication channels
Question 3 Do you think that the implication of Information and Communication technique
will be helpful to business?
A. Yes
B. No
Question 4 How much time do you spend over computer
A 1 hour
B. 5 hours
C. More than 5 hours
Question 5 What do you think about the confidentiality of the data in the computer devices?
A. Very secure
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