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Impact of Digital Technology on Small Business

Added on - 22 Nov 2020

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Managing a SuccessfulBusiness Project
Table of ContentsTOPIC: To assess impact of digital technology to make growth in small business enterprise – ACase Study on Talon Outdoor.........................................................................................................1PART 1............................................................................................................................................1P1 Aims and Objectives..............................................................................................................1P2 Project management plan.......................................................................................................2P3 WBS and Gantt chart............................................................................................................4PART 2............................................................................................................................................7P4 Small scale research through applying qualitative and quantitative research methods tomeet with aims and objectives....................................................................................................7PART 3..........................................................................................................................................17P5 Appropriate tools and techniques.........................................................................................17P6 Conclusion and recommendation.........................................................................................17P7 Reflection through undertaking research.............................................................................17REFERENCES..............................................................................................................................19
TOPIC: To assess impact of digital technology to make growth in smallbusiness enterprise – A Case Study on Talon Outdoor.PART 1P1 Aims and ObjectivesBackgroundDigital technology is most important aspect that assists to make successful businessoperations. In this regard, business will get several benefits through implement differentactivities and tasks at workplace. There are different tools and techniques has been carried thatassists to develop significant advantages in the business (Ahern, Leavy and Byrne, 2014). Withthe help of digital technological tools, the company able to make high growth and successfulbusiness consideration as well. It is the best way to promote and interact customers in theenterprise. It assists to make changes in the company that help to develop efficiency andeffectiveness as well. In this regard, enterprise able to compete with other companies easily.Hence, successful results will be attain with integrated business marketing (Ballaro andWashington, 2016).RationaleTalon Outdoor is small sector enterprise which consider their operations in UK. Inrespect to make wide business, it is essential to implement different activities that increaseeffectiveness in the company and make wide operations in the company as well. It is the bestway to develop target market and attain potential candidates in the company. In order to conductpresent study, there are several benefits has been implemented that assists to focus on creativityand performances. Brand images of the company also increasing to meet with desired aims andobjectives. Present study help to the enterprise to implement new activities which support tosmall enterprise with creativity and innovations (Allen, 2014).Aims and objectivesAim:“ To assess impact of digital technology to make high growth in small business enterprise –A Case Study in Talon Outdoor.”Objectives:To analysis implementation of digital technology in SME with innovations and creativity.1
To execute significance of innovation and creativity to make creative results atworkplace.To identify relationship between innovations and growth of Talon Outdoor.To implement recommendation for business growth and development.Research questionsHow to implementation digital technology in SME with innovations and creativity?How to execute significance of innovation and creativity to make creative results atworkplace?How to identify relationship between innovations and growth of Talon Outdoor?How toimplement recommendation for business growth and development?P2 Project management plan2
Task NameDurationStartFinishPredecessorsResearch ProjectPlanningFinding of the topic3 daysSat 8/12/17Tue 8/15/17Statements of problems1 dayThu 10/12/17Thu 10/12/171Timeframeandallocation of resources2 daysSun 11/12/17Mon11/13/172ImplementationLiterature review5 daysTue 12/12/17Mon12/18/173Selection of correctresearch methodologies1 dayTue 12/12/17Tue 12/12/174Data analysis andinterpretation2 daysThu 12/14/17Fri 12/15/175Evaluation of results andoutcomes2 daysFri 12/15/17Mon12/18/175Project closerSat 12/16/17Giving conclusion andrecommendation1 dayTue 12/19/17Tue 12/19/176Results of documentation1 dayTue 12/19/17Tue 12/19/177In respect to focus on the above activities, it can be stated that there are different types ofconsideration included that help to maintain effectiveness at workplace. With this regard, workwill be consider in different stages to attain more creative work performances (Besner andHobbs, 2013). Furthermore, following are certain elements has been applied to consider relevantresults in the selected enterprise:Cost: In respect to consider effective functioning, it can be stated that properimplementation of cost is needed. In this regard, researcher need to concentrate on fixedcost which is needed to accomplish desired goals and objectives as well. Proper amountwhich needed in the present project is £680. Therefore, collection of primary andsecondary data has been taken in the business (Clough, Sears and Rounds, 2015).Risk: In the present research, time and cost are major risk elements that create impact onthe desired results. Respondent face issue to fill questionnaire so that it is also risked tothe chosen company (Hesselbarth and Schaltegger, 2014).3
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