Digital Business and New Technologies

DIGITAL BUSINESS
AND NEW
TECHNOLOGIES

Table of Contents
INTRODUCTION.......................................................................................................................................3
PART 1.......................................................................................................................................................3
A.Why is that topic important..................................................................................................................3
B. How has topic developed....................................................................................................................4
C. Detailed description of technology used in topic and why is used for.................................................4
D. What technological platforms and software are used in topic.............................................................4
E. What type of business and organisation uses the technology..............................................................5
F. How is it used as business tool and is this effective.............................................................................5
PART 2.......................................................................................................................................................5
Nature of relationship between digital technologies and both old and newly merging theories on
business and management........................................................................................................................5
CONCLUSION...........................................................................................................................................9
REFERENCES..........................................................................................................................................10

INTRODUCTION
Digital business and new technologies defines as an effective term in present business
environment as it helps in designing, organizing and managing the several business models. It is
a prominent term to understand the experience, needs and requirements of customers in an
appropriate way. Now each and every type of businesses either small or large, move towards the
use of new technologies for developing their business operations. This report study is based on
E-Commerce that is one of the best technologies for enhancing the business and connecting with
large number of customers in easy manner. It includes the importance of e-commerce and its
development. Further it describes the technology that is used in the e-commerce and its
significance. It enhances knowledge regarding type of business that can adopt the e-commerce
technology in their regular activities. At last it reflects the relationship between new and old
theories of management structure and practices within business enterprise (Scuotto and et. al.,
2017).
PART 1
E-commerce defines as a buying and selling of goods and services, transmitting funds
and information via an electronic media or network generally internet. In this transactions can be
done either business to business or business to customers in an effective way. It is also known as
electronic media that encompasses the several data, system and tools that is very effective for
both online customers and sellers.
A.Why is that topic important
E-Commerce provides the online platform to the business where one can sell and
purchase the goods and services for enhancing their profits. It helps in engaging pretail for
introducing the new launching of the products and services with in front of customers in a cost
effective manner. It includes the importance of E-Commerce that can be shown below:
 Broaden organisation brand- The main importance of E-Commerce is developing the
brand in global business from traditional brick and mortar outlet. By using this
technology one can offers their products and services 24*7 in a day that will enhance the
image and customer base of that company(Kraus and et. al., 2018).