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Impact of Digital Business and New Technologies on Retail Industry

   

Added on  2023-06-17

12 Pages819 Words187 Views
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Digital Business and New
Technologies
Impact of Digital Business and New Technologies on Retail Industry_1

Table of Content
Introduction
A summary of your findings from CW1
A set of conclusions based on your CW1 summary
Application of these conclusions to a specific sector and or profession
Impact of Digital Business and New Technologies on Retail Industry_2

Introduction
Digital technologies have become a
crucial part of business. In current time,
each and every company used digital
and advanced ways to promote the
product or services.
Main aim of the present study is to
assess the impact of digital technologies
in business. It is based on the how the
digital technology and e-commerce is
affecting the organizations that are
operating in retail industry.
Impact of Digital Business and New Technologies on Retail Industry_3

A summary of your findings from CW1
The topic of assessment was impact of digital technology on sales and profitability of the
organizations. The study is moreover based on how digital transformation is affecting the
daily operations of the business entities.
It is identified that in current time e-commerce has become an important medium for
buying the product. Here, the companies that use digital practices are likely to attract more
customers that enlarge their sales and profitability
The study has major focus on Amazon. It is analyzed through the CW 1 that Amazon is
one of the companies that has been incorporates digital technologies in their daily
operations.
Impact of Digital Business and New Technologies on Retail Industry_4

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