This assignment delves into the concept of theory, practice, and training in work organizations. It covers a range of topics including experiential learning, knowledge management, leadership development, and more. The assignment includes references to relevant studies and research papers on these subjects.
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Table of Contents INTRODUCTION...........................................................................................................................1 TASK 1............................................................................................................................................1 P1) Research proposal which clearly define question and hypothesis with literature review1 P2) Research methods and approaches to primary and secondary research..........................7 TASK 2............................................................................................................................................9 P3 Conduct primary and secondary research by using appropriate methods and techniques9 P4 Apply appropriate analytical tools, analyse research finding and data...........................10 TASK 3..........................................................................................................................................19 P5 Communicate research outcomes in an appropriate manner for the intended audience.19 TASK 4..........................................................................................................................................20 P6 Reflect on the effectiveness of research methods applied for meeting objectives of the business research project......................................................................................................20 P7 Consider alternative research methodologies and lessons learnt in view of the outcomes20 CONCLUSION..............................................................................................................................21 REFERENCES............................................................................................................................22
Title- To measure the potency of digital technologies in boosting company performance. A Case study on Exponential-e LTD. INTRODUCTION In the present scenario, every company is focused on growth of its capabilities to earn higher level of profits and generate more revenue. These days, every organisation needs digital technologies for making sure that their efficiency increases. The introduction of new equipment and system has allowed companies in expanding their activities for better performance. The digitalisation has enabled workers/people in improving their capabilities as they are well informed and able to take on variables properly(Rummler and Brache, 2012). At present, there is higher level of competition that is prevalent in the market. It can hamper the organisational growth and productivity. Company has to keep on analysing ways which can be used for improving quality of work that is being delivered to the final user. Basically, changes that have been there in market in last decade have changed the whole scenario. Instead of relying on traditional methods, managers are opting for modern solutions that are provided by the digital organisations(Sirmon and et. al., 2011). It is vital to ensure that organisations are able to develop right approach to integrate the digital methods for improving their performance. This will assist company in generating higher level of loyalty from the customers who want better quality of goods and services. TASK 1 P1) Research proposal which clearly define question and hypothesis with literature review Exponential-e LTD is one of the most innovative organisations that is offering digital solutions to other entities. It is the fastest growing SME that was established in the year 1998. They are focused on developing better communication and digital solutions to their clients so that they can effectively complete their task (Lokesh, 2013). Company is trying to gain attention of customers by providing them hardware as well as software assistance for making their business process smoother. Present research work is stated to determine the effectivenessof digitalisation in enhancing performance of company. In the present era, organisations are focusing on adapting new technologies which will enable them in delivering superior quality of services. These 1
introductions are assisting people who are working in this sector in boosting their capabilities and get the job done within set period of time(Christopher, 2016). With the application of new methods and equipment, company is able to improve its profitability and productivity together. Basically, technology has assisted business in enhancing their efficiency levels which has led to improvement in the performance. Currently, digital technologies are being used as a way to align business and other environmental aspects together. This will boost optimum utilisation of resources. It is the responsibility of top management to make sure that they are able to integrate new methods and techniques in the system. This will prepare organisation to face any uncertainty that might prevail in business. Basically, this research work will assist Exponential-e LTD infinding out the best ways, which can be adoptedto surpass the competition.Allthedepartments need to state about activities thattheywill be conducting and ways in whichthey will becontributing togrowth of business(Rasula, Vuksic and Stemberger, 2012). They need to strengthen their research and development division for making sure that they are able to provide right solutions to the customers. Various results of research will state about the effectiveness of new technologies while this will be done by using different tools and techniques. Research aim :- This is stated be to the most important aspect of research as this describes the reason behind why this study is being conducted. This guides a researcher in a specified direction, enabling him inachievingall the required results. The prime aim behind conducting this research work is“To measure the potency of digital technologies in boosting company’s performance - A Case study on Exponential-e LTD”. Research objectives :- Thesearethetargetswhicharesetforenablingresearchertomeasurehisown performance. These are used for developing some suggestions and recommendations on the basis of findings that have been generated. The purpose of setting research objectives is tobifurcate the aims into smaller targets as to enhance clarity. They are made on the basis of research aim. Various objectives are stated as below: To evaluate the effectiveness of digital technologies in current situation To find out the ways which can be adopted by organisation for boosting its performance 2
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To measure the impact of introducing digital technologies on the performance of Exponential-e LTDTo identify the ways that can be used by Exponential-e for improving its performance to gain competitive edge in market Research questions :- This study is going to measure the effectiveness of digital technologies for improving organisationalperformance.Digitalisationisveryeffectiveandletsabusinesstogain competitive edge in market easily.In this part of study, certain questions are prepared on the basis of objectives which will assist in pointing out the best way to carry out work. This will guide the whole research work in a right direction and ensure that right results are obtained. The research questions are stated as below: How can company measures the potency of digital technologies in present scenario? What are the components that can be used by firm to boost its performance in market? Howcantheimpactofdigitalchangescanbemeasuredonexponential-eLTD performance?What methods can be adopted by company for enhancing its own performance to gain competitive edge in the market? Research issues :- At this point of time, the researcher is facing various issues and problem that increases uncertainty. Conflicts can increase due to the dynamics of market. The researcher has to make use that he has certain backup plans for getting the research work complete effectively. If there are no contingency plans then each and every activity might have negative impact upon the results(Velez Lapão and Dussault, 2011). The major issue which exists in this research work is limited time period that has been allotted. There not sufficient timefor collecting data and analysing it to get to a certain set of findings.There is another problem which is lack of access to resources and funds. This has hindered research workand its reach in population. Each and every activity requires money for forgetting it completedeffectively.There are few more issues which will rise at the time of collecting data, as people do not respond in required manner easily.Also, it is very tough to understand their attitude and behaviour in a proper manner. The effectiveness of digital technologies in the current situation 3
At present technology has become an integral part of people's lives and it is being used to improve the efficiency of completing things. This is a section of research where the significance is stated. This assist investigator in carrying out each and every activity as per the requirements. Basically, it is a section which guides a researcher in moving forward in a right direction with a specified and clear concept. There are various sources from which data will be collected to make this research work more authentic(Brewster and Hegewisch, 2017)In this section of report, an in depth discussion has been conducted as per the viewpoint of different authors and researchers. This part will allow readers in understanding as how the company are impacted with the rise of digital technologies and ways which can be used by them to use them for gaining competitive advantage in market. Basically, it is an aspect which is used for improving standard of living and human capabilities to do something. Technology has direct or indirect impact upon each and every aspect of organisation performance. This is why the managers need to make sure that they are ready to face off any contingency in future by adapting right methods and equipments in advance. According toPrajogo and Olhager(2012), technology is very vital for the growth and development of an business enterprise. They are very important for making sure that each individual is able to develop their own skills and abilities. Basically, they need to be integrated in the business process so that the effectiveness of organisation is boosted as technology will assist people in completing a certain task in a better manner. There are different ways it can impact business and they are stated below: Enhancing knowledge: The introduction of technologies will lead to improvement in the knowledge of individuals and people who are engaged in business activities. For example, people are connected to internet 24*7 which enables them in accessing more information. Basically, people can explore the idea that they have supported by the information that is available on the internet. Reducing expenses: The company will be able to reduce the cost that is being spent on various process to produce product or service. This will happen as people will be more informed and they will be able to do the task as per the requirement which will be stated to them in a time period. With the aid of internet and other technological miracles, people will know as to how things can be done. 4
Boosting performance: They will be able to boost their productivity as they will be assisted by technology. The people will be more informed and have knowledge to accomplish task in a set manner which will lead to improvement in their performance levels. Efficient resource consumption: Company will be able to reduce the consumption of resources as the workforce will be more efficient. This will increase the margin of profits for organisation and lead to better levels of profitability. Better use of human capabilities: The company will be able to use people capabilities in a moreeffectivemannerasallofthemwillbehighperformingindividuals.Thesedays organisations try to attain a level that will ensure that their goods and services produced at a lower cost and sold with a higher margin. The ways which can be adopted by organisation for boosting its performance As stated byPollock, Wick and Jefferson (2015), there are certain issues that are faced by organisation that hinders it in achieving a better level of productivity. To achieve its goals and objectives in a right manner the managers need to keep on analysing the factors that can impact company. They need to adopt strategies, equipments and methods which will boost efficiency and record more profits for the firm. Constant analysis and evaluation allows firm in attaining a bettercompetitiveedgeinmarket.Italsoleadstoenhancedoperationalcapabilitiesof departments. There are various ways that can be adopted by company for boosting organisational performance. They are stated below: Introduction of new methods and technology: Timely introduction of new concept and techniques allows company in boosting its own performance. It is also able to adopt new technologies in a effective manner. The company has to ensure that they are adapting digitalisation for preparing themselves for future requirements. Training to people for developing skills: Company need to train workers who will be using digital technologies. This will allow them in ensuring that their own capabilities are boosted. Integration in the business process: This is the best way, which makes people to use new methods and technology on their own. Basically, they start initiating and completing task in a more efficient manner. The impact of introducing digital technologies on the performance of Exponential-e LTD 5
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An organisation has to focus on its own structure as to boost its effectiveness in market. There are different types of impacts that are there on its ability to complete activities. According to the opinion ofMoser (2012), technology and digitalisation has changed the ways and environment that is prevalent in the market. Today, they are more focused on introducing technologies that will boost digitalisation of business. It has played a major role in changing the traditional approaches used by business enterprises. Exponential-e managers need to keep on analysing factors for understanding their impact upon organisation and its ability to achieve market share. The impact of digital technology on Exponential-e LTD performance has been significant and this has made sure that they are able to attain their objectives in a effective way. The affect is mentioned below: It has boosted organisation efficiency Boost to the quality of customer delivery. Time consumption has minimised. The response time has improved in the manufacturing units of company. It has improved the skills and abilities of employees which means that they are more flexible in adapting to new technologies. This is the analysed impact of technology on company. This will assist them in making more effective strategies. Thewaysthat can beusedby Exponential-efor improvingitsperformance astogain competitive edge in market The prime aim of business organisation is to ensure that they are able to attract huge number of consumers towards their products and services. These days, customer issues are very complex and need an expert analysis to be understood(Banai and Tulimieri, 2013). Due to the complexity,themanagersneedtoensurethattheyareabletoenhanceorganisational performance. There are different ways this can be done by exponential-e. Some of the ways are stated below: Providing faster and smoother servicesto consumers:The aim of every business organisation is to provide quick and better response to customer requirement. They are providing assistance to more than 2800 firms and individuals to whom they need to provide services. 6
Managing resources properly: It is the major responsibility managers to find the ways which can be used for improving resource consumption of organisation(Weare, 2013). This efficiency allows exponential-e to maintain competitive edge. Grievancehandling:Thecompanyalsoneedtoimprovetheirproblemsolving capabilities. With diversification and expansion of business it is important to hear out to the issues that are prevalent in market. P2) Research methods and approaches to primary and secondary research This is one of the most important part which states about various tools and techniques that have used in this research work. The investigator used various ways that can be used for attaining right results. This is a part of study where methods and techniques are applied in practical way to analyse the data and present outcomes in a user friendly manner. This part of research is known to be categorised in different segments. This basically assist investigator in reaching the end results. The bifurcation is stated below: Type of investigation :-It is the duty of investigator to identify the best way this research work has to be completed. This can be qualitative or even quantitative in nature which will be decided on the basis of quality of data(Ford, 2014). Currently, this piece of work is based on the qualitative method as intangible aspects are the real concern in present scenario. Various facts and figures will be used for reaching the final outcome in a effective manner. Research Design :-It is a part which stated about on what basis this research work has been done. The researcher prepares a blueprint which will be followed for outlining. It is a complete process of gathering, measuring and assembling information in a presentable manner. Researchdesigniscategorisedindifferentways,suchas,descriptive,exploratoryand experimental. This study will be using the descriptive mode of research design for analysing data in a effective way. This piece of work is based on qualitative study and for this the chosen design is a best way(Kolb, 2014). This will assist investigator in setting a path that will let him identify the effectiveness of digital technologies on the company performance and productivity. Research Philosophy :-This is a part of research which has a very vital role in gathering of information via different sources. This is bifurcated into two different parts, Interpretivism and positivism. Basically research philosophy will act as a basis for researcher to conduct his study. In the present piece of work Interpretivism is chosen as to deal with qualitative data in a more effective manner(Shultz and Adams, 2012). This is the best method that will be used to 7
tackle the in intangible issues. The chosen method will allow investigator in independently study the issues without any hindrance from human point of interest. Research Approach :-This is a very effective method that is used to provide additional support for carrying out the research work. It assist in getting more accurate results as per the requirements. There are two types of approach that can be used by the researcher himself, inductive and deductive. The former one is a dynamic way of getting research work done. It uses various theories as per the requirement of gathered information(Salas and et. al., 2012). While the later one introduce theory as per the topic of study. In this research project, inductive approach will be used, as it will put special focus on the facts and figures that are gathered at the time of collection of data. Data Sampling :-This puts special emphasise on selecting respondent for the research work. The people are chosen out of existing population or society. Researcher has two approaches that he can use for selecting respondents, probability and non probability sampling techniques. In the former one, people are chosen randomly and as per the choice of researcher while in the later method, researcher set a criteria according to which people are chosen. This study will be using random sampling technique for enhancing fairness and transparency of research work. A sample size of 50 will be used for understanding the needs and wants of people. Data Analysis :- It is a part where collected information is processed and a more user friendly approach is used. The whole research will ensure that gathered data is properly analysed and evaluated (McGrath, 2012). This is important for making sure that each task is completed in a right manner and results are achieved as per requirements. Ethical Consideration :- This can be considered as a very vital aspect for conducting research work in a required manner. There are different types of problems that are faced by researchers when they are conducting activities. The first major issue that is there is limited time period that is allotted to complete this research project(Costen and Salazar, 2011)). This limits the scope of study that would have been extensive in nature if there was more time. Also, a researcher has to ensure that he keeps all the data and information of people secret, as this data can be used by wrong people for various purposes. Also, there requirement of focusing on attainment of goals and objectives 8
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that would help an organisation in completing research in a effective manner. All the ethical code of conduct needs to be followed for making sure that no one is hurt or impacted by the outcomes of this study. TASK 2 P3 Conduct primary and secondary research by using appropriate methods and techniques This is a very important section of this research report which will be focusing on identification of appropriate results. It plays an vital role in evaluation of information that has been collected by the researcher. Basically, there are different methods that are used to identify ways to find out about the solutions/outcomes(Felício, Caldeirinha and Rodrigues, 2012). With the process of data analysis investigator will be able to achieve all the stated objectives as he will be getting the results. As to collect data and evaluate it in an effective manner, a questionnaire is prepared. It is a very potent tool of recording and evaluating the effectiveness of information that is gathered by the researcher. There are some themes prepared as per the questionsof questionnaire which will assist in getting right and accurate answers to the presented issues. Data analysis: QUESTIONNAIRE Q1) Do digital technology has impact on company development?Frequency Yes42 No8 Q2) What are the major technological advancement that have impact on organisation ? Frequency Mobile phones25 High speed internet10 Laptop10 Tablets5 Q3) Why technology is important for business? Information sharing20 9
Easy communication10 Advancement in technologies20 Q4) Are you happy with the products and services offered by Exponential-e LTD? Frequency Agree45 Disagree5 Q5) How major technological tools assist organisation?Frequency Gaining growth10 Attaining competitive edge17 Enhancing productivity13 Improving brand awareness10 Q6) How business can expand their capabilities in field of technologies?Frequency Merger with small tech firms36 Retaining old and recruiting new people10 Contracting with tech firm4 Q7) Which product has assisted Exponential-e in registering higher level of growth rate? Frequency Mobile phones40 Optical fibre cable3 Home solutions7 Q8) What are the quality rating that can be given to the products of Exponential-e? Frequency Excellent36 Good8 Average4 10
Poor2 Q9) Do digital technologies have importance for growth and development of company? Frequency Yes43 No7 Q10) Provide recommendation on enhancing company performance via emerging digital technologies. P4 Apply appropriate analytical tools, analyse research finding and data Thematic analysis:- Theme 1: Impact of digital technologies on overall organisational development. Q1) Do digital technology has impact on company development?Frequency Yes42 No8 11
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Interpretation As expected more than 42 respondent said yes to the question that asked them if digital technology has impact upon business enterprises that are operating in market. This shows that even people are aware with the fact that digitalisation is affecting the operations of business organisation to a extent. Technology has basically assisted organisations in improving their performance and productivity. This is required for making sure that each task is completed in a set period of time. Merely 8 people said no which states about the fact that they are not aware with the facts and figures of market. At present, there is no way that an organisation can avoid technological advancement. Theme 2: Equipments that have impacted organisations and modern society. Q2) What are the major technological advancement that have impact on organisation ? Frequency Cell phones25 Internet10 Laptop10 Tablets5 12 YesNo 0 5 10 15 20 25 30 35 40 4542 8 Column B
Interpretation: The company offering different types of products and services in the market. It is selling different brands cell phones with its network. The prime sector of business is in providing internet solution to organisation. Still the company is majorly focusing on providing quality services to mobile phone users with 25 respondents using the same. While 10 are using internet and laptop solutions. Theme 3: Value of technologies in attaining growth. Q3) Why technology is important for business?Frequency Information sharing20 Easy communication10 Advancement in technologies20 Interpretation: 13 Cell phonesInternetLaptopTablets 0 5 10 15 20 25 25 1010 5 Column B Information sharing Easy communication Advancement in technologies 0 5 10 15 20 20 10 20 Column B
This question focused on identifying the benefits of using technology for business organisation. There was a tie between two factors which are considered to be very crucial for most of the users. 40 people said that they consider information sharing and advancement in technologies as a major aspect that assist business in boosting its performance. 10 respondents agreed that technology has improved the way people communicate within organisations. Theme 4: Numerous customers that are satisfied with offered goods and services of Exponential-e LTD. Q4) Are you happy with the products and services offered by Exponential-e LTD? Frequency Agree45 Disagree5 Interpretation: According to the market research conducted among 50 people, 45 people are feeling happy from the various products and services offered to them by Exponential-e Ltd. While 5 people are not feeling the same. They are disagree fromthe fact that products and services offered by an organisation are creating value for them. Obviously every customer want return for the price what he/she is paying. If they will not get suitable return they will surely get disappointed. Meanwhile the ratio of happy customers are more as compare to unhappy one. That shows organisation is going in a right direction by fulfilling necessary needs of customers. 14 AgreeDisagree 0 5 10 15 20 25 30 35 40 45 45 5 Column B
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Theme 5: Major tools that enhance effectiveness of using digital technologies Q5) How major technological tools assist organisation?Frequency Increasing growth10 Achieving competitive edge17 Boosting productivity13 Improving brand awareness10 Interpretation: The technological tool will definitely assist organisation in a positive way . So survey has beenconductedonthesame,inwhatmannerorganisationisgettingadvantagefrom technological tool . Out of 50 people, 10 replied that organisation will gain growth by innovative technological tool, 17 people replied that organisation will attain competitive advantage over its rivals, 13 responded that it will help in enhancing productivity, meanwhile 10 of them responded that it will improve brand awareness. Anyhow technological tool will make firm highly recognizable and thus, will be effective in every situations. Theme 6: Ways which can be used by company to boost its business activities Q6) How business can expand their capabilities in field of technologies?Frequency Merger with small tech firms36 Retaining old and recruiting new people10 15 Increasing growth Achieving competitive edge Boosting productivity Improving brand awareness 0 2 4 6 8 10 12 14 16 18 10 17 13 10 Column B
Contracting with tech firm4 Interpretation: According to this market survey, it has been evaluated that 36 out 50 businessmen wants to expand their business through merger with small technical firms. It can be seen that they are very much satisfied and they feel safe to do so. Chances of risks are very low when it comes to getting merge with an small entity. 10 out of 50 owners wants to expand their enterprise by retaining old employees and hiring new people. It must be because they feel more satisfied with this method of expansion. 4 out of 50feels happy to do contract with technical firms for the purpose of expanding their concern. Theme 7: Products that are being offered by company. Q7) Which product has assisted Exponential-e in registering higher level of growth rate? Frequency Mobile phones40 Optical fibre cable3 Home solutions7 16 Merger with small tech firms Retaining old and recruiting new people Contracting with tech firm 0 5 10 15 20 25 30 35 4036 10 4 Column B
Interpretation: We can identify through this research that, 40 out of 50 people believes that mobile phones are the most aided product contributing to higher level of growth. It is because mobile is most impressive product in growth scenario. It is due to various essential attributes which helps in effective growth of business concern. 3 out of 50 businessmen believes that they can grow their business by using opticalfibre cable. 7 out of 50 people are satisfied with home solutions as they feel that this product will give more outcome in their growth ratio. Theme 8: Ratings of customer to various products and services of organisation. Q8) What are the quality rating that can be given to the products of Exponential-e? Frequency Excellent36 Good8 Average4 Poor2 17 Mobile phonesOptical fibre cableHome solutions 0 5 10 15 20 25 30 35 40 40 3 7 Column B
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Interpretation: The respondents were asked about the quality of services which were offered to them and most of them seemed highly satisfied with the final product. 36 people stated that the services and products offered by company were of higher level of quality. This is a major boost for organisation as they know that they are serving people in a right manner. 8 respondents said that the quality was good while only 2 said that it was poor. Theme 9: How digital technology proves itself to be valuable for firm. Q9) Do digital technologies have importance for growth and development of company? Frequency Yes43 No7 18 ExcellentGoodAveragePoor 0 5 10 15 20 25 30 35 4036 8 42 Column B
Interpretation: Morethan43respondentssaidthatdigitaltechnologywasveryimportantfor organisation. Today, without using right equipments and methods there is no possible way that will guarantee company success in market. It is important for the organisation to make sure that it connects with people for which it has to use technology. TASK 3 P5 Communicate research outcomes in an appropriate manner for the intended audience It has been analysed that there are ample number of methods that can be taken under in use by researcher while conducting an investigation. In order to draw favourable outcomes, it has been analysed that investigator needs to adopt or develop various strategies along with policies. With the help of this, research can be done right on time. In present context, in order to look into impact of Digital technology on Exponential-e Ltd. Researcher have picked up different methods and some of them are given beneath: Qualitative research methods –Under this sort of research method, investigator can pull out data from collecting information from perceptions along with thinking of respondents which have been selected by investigation. In present context, researcher have used this approach in order to locate all effects of digitalisation on Exponential-e Ltd. Quantitative research method –With the help of this method, researcher can develop outcomes in the form of analytical or numerical. This sort of investigation aid investigator in 19 YesNo 0 5 10 15 20 25 30 35 40 45 43 7 Column B
collecting accurate data and these can be brought through various mathematical formulas and many more other computing techniques. Data sampling –This sort of method is being stated as one of important approach that can be taken under in use by investigator. On the other hand, it has also been analysed that through this method researcher can select some respondent with the help of random sampling that comes under probabilistic and the other one is non – probabilistic too. TASK 4 P6 Reflect on the effectiveness of research methods applied for meeting objectives of the business research project In order to draw favourable outcomes, first I analysed all the methods and then after that picked best one which aid me in pulling out the outcomes. I have also located that best approach in looking into the effects of digital technology on business organisation was qualitative research that supported me in much effective and in appropriate sense as well while conducting the investigation. Along with this, questionnaire has been chosen by me under this research while conducting it because with the help of asking questions directly from different respondents where respondents were selected by me taking under in use of random sampling method. In all over process decisions which has been made by me were appropriate and helped me in enhancing my own knowledge regarding impact of digitalisation on Exponential-e Ltd.The aims and objectives developed for business are beneficial as they help in analysing the data that are vital for drawing valid conclusions. I have used the most appropriate research approach which are useful in analysing the importance of using digital tools and techniques by which firms can easily achieve effectiveness in their assigned business operations.Along with this, I was amazed to know about the response of chosen respondents as they are not providing proper information because according to them this research activity take their huge time. In addition to, this research report I take both primary method and secondary method for collection a proper information as it helps me to complete it given time period. In context to primary method, I have used questionnaire method for gathering accurate information as it aids me to understand about the views and perception of customers at market place. On the other hand, in secondary method, I have used many ways for collecting an information such as books, past records, journals and many more. 20
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P7 Consider alternative research methodologies and lessons learnt in view of the outcomes In present report, alternative research methodology which was effective in nature and can be adopted by me was survey but it was fully doubtful because in survey less favourable outcomes can be brought up. On the other hand, survey approach was less effective perception of various people from population can be anything. This may lead me in getting confusion and may make research late as well.This may also cost much to me, but it was much relevant as well rather than other methods. The alternative research methodologies were beneficial as they helps in deciding new pathways on which activities can be effectively examined and the operations can be performed effectively. If the outcomes of the research are positive then it may result in enhancing the overall sales and profitability index of firms.In this research, survey method have been used as it provide various benefits such as, this gives proper and accurate information as comparison to others. Also, it is inexpensive in nature as it can be done by online survey or phone survey which is better than to paper survey because this saves the huge cost. CONCLUSION From the above based reportit can be concluded that with the usage of digital technologies the work process have significantly became easier. It has played one of the most efficient role in developing the performance of the business. If the technological advancements have been properly utilised they it results in enhancing the performance of the firm. Doing the survey related to marketing plays an essential role in analysing the effectiveness of digital technologies. According to the survey that has been conducted most of the clients are satisfied with the products and services tat have been offered by the company exponential e. These days company is focused on enhancing the stretch of their market capture in distant geographical areas and hence generating higher amount of profits. In modern competitive business that is basically a cut throat each firm is focused towards increasing the productivity so as to satisfy the consumers those who are willing to take advantage of the offered services and products of the firm. Business are concerned with adopting most suitable techniques or tools that are impactful in developingtheoverallperformanceofthefirmbyimplementingtheminproperway. Advancement in technologies and tools are very much helpful in effective completion of targets that has been assigned to the workers. 21
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