Developing a new business technology product

Developing a new
business technology
product

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
About organization ......................................................................................................................1
Preparation of Project Plan..........................................................................................................2
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6

INTRODUCTION
Business plan can be explained as important aspects of organization that involves various
activities and function which are require to complete on time. To run a business it is important to
conduct the analysis and bring the uses of new technology that can help to reach the targeted
customers and maintain the higher profitability (Sepasgozar, Hawken, Sargolzaei and
Foroozanfa, 2019). The management are playing important role as they analysis the needs of
their customers and bring the use of new products that helps to reach the targeted market and
attain the higher performance. The report is based on Farm foods that is British Frozen food
supermarket chain based company, operating the business by providing quality and design of
products. In business environment there are many technology such as social media networks,
mobile application, Artificial intelligence, VR, and interactive retail technology that could
attracts the number of customers by filling their needs and developing the business effectively.
The company is planning to introduce Farmfood app that is online application will help
customers to make online shopping. By launching such new application chosen organization can
reach the targeted customers and develop the business performance. The activities are involved
in this Planning & brainstorming, analysis, design, implementation, testing & integration,
maintenance and control. The selected organization is formulating a business plan by introducing
the Artificial Intelligence that would help to fill the customers demand and increase the sales.
The business plan will cover different activities such as execution, preparing of budget,
allocation of funds, maintenance expenses, development activities, and others that would help to
increase performance.
MAIN BODY
About organization
Farms foods is a British Frozen company that is larger size supermarket, founded in
1955, by Luke Bickerton and Laura Blake. All functions and activities of organization are
managing by different person who are working at workplace. The management conduct the
analysis and bring the uses of different types of products which fills demand and increase the
organizational sales and profitability in competitive environment. The technical department of
such organization is playing an valuable role as it introduce new services in changing
environment that make the easy all working or ways to reach the targeted customers. This can be
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