This presentation explores the impact of digital business and new technology on organizations. It discusses the findings from recent reports, the before and after effects of technology, and the comparison between the two. The conclusion highlights the importance of digital business and provides recommendations for success.
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DIGTITAL BUSINESS AND NEW TECHNOLOGY
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TABLE OF CONTENTS ๏Introduction ๏Findings from digital business and new technology ๏Before technology ๏After technology ๏Comparison ๏Recommendation ๏Conclusion
INTRODUCTION ๏Digital business and technology has become essential for every organization in this competitive environment and its usage has become habit and necessity of every human in this modern time.
Findings of recent report on โyour topicโ (Theories and models must be considered where possible) ๏Findings from Question A ๏There are different type of tools that can be used for enhancing the productivity of Raksh Limited company. ๏Findings from Question B ๏Findings from the Question B is that digital technology hasbeendevelopedwithchangingmodernliving pattern, it has changed human connecting pattern and many economic development changes.
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Findings of recent report on โyour topicโ (Theories and models must be considered where possible ๏Findings from Question C ๏A detailed description of technology has been used for Raksh limited Company's Business model and how social media can provide various benefits to organization for its creative performance with the help of digital marketing, withthehelpofsocialmediabusinesscanrecord informationsystematically.Digitaltechnologyis essentialforcustomizedproductsbecauseit enhances the effectiveness and efficiency of an organization.
๏Findings from Question E ๏Nowadays all business wants to perform better in less time, with less resources and in the best manner. ๏Findings from Question F ๏Digital technologies can be used as effective businesstoolsbecauseithelpsbusinessto cover huge market share with good quality and relevant price. Findings of recent report on โyour topicโ (Theories and models must be considered where possible
BEFORE DIGITAL TECHNOLOGY ๏Before Digital Technology Businesses were not able to analyse market condition and trend also it was difficult to connect with customers. ๏Recording data was not systematic as it is now, cost of production,wastageofmaterialswashighwithout usage of technologies. ๏Businesswasnotabletotakethefeedbackfrom customers and find the relevant improvement areas with the help of these feedbacks.
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AFTER DIGITAL TECHNOLOGY ๏After Innovation of digital technology process of every business has become very convenient and easy going as modernworldishabitualofadaptingchanging environment and using various technologies for better work performance. ๏Recording data, measuring performance of employees, measuring quality and quantity of products has become easy
COMPARISON BETWEEN BEFORE/AFTER ๏Productivity and performance of every business has increased after innovation of new technologies. ๏Digital marketing has increased market and created new opportunities it has also motivated small scale business to come up with new ideas in less capital with the help of e-commerce platform. ๏Competition has increased due to vast market area and due to more and more entries of business
CONCLUSION ๏From the study it can be concluded that digital business and new technology has become essential part of every business's success and with the help of new technologies desired performance can be achieved.
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CONCLUSION Continue ๏Recommendations ๏More flexibility and more convenient methods of doing work need to be found with the help oftechnologiesasdigitalbusinessserves every possible advantage to business it also helps the customers to find products as per their requirement which base of success of every organization n this competitive world.
REFERENCES ๏Corallo, A., Passiante, G. and Prencipe, A. eds., 2007.The digital business ecosystem. Edward Elgar Publishing. ๏Mithas, S. and Lucas, H.C., 2010. What is your digital business strategy?.IT professional. 12(6). pp.4-6. ๏Senyo, P. K., Liu, K. and Effah, J., 2019. Digital business ecosystem: Literature review and a framework for future research.International Journal of Information Management.47.pp. 52-64. ๏Sousa, M. J. and Rocha, ร., 2019. Skills for disruptive digital business.Journal of Business Research. 94.pp. 257-263. ๏Xu,Y.andKoivumรคki,T.,2019.Digitalbusinessmodeleffectuation:Anagile approach.Computers in Human Behavior. 95. pp. 307-314.