Managing Successful Business (Graphical Representation)
Verified
Added on 2023/03/20
|16
|801
|79
PowerPoint Presentation
AI Summary
This presentation explores the impact of digital technology on small business organizations, using a case study on Marks and Spencer. It discusses the benefits of new technology, long-term benefits to the firm, customer reactions, innovation requirements, and more.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Managing Successful Business (Graphical Representation)
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Table Of Contents •Introduction •Research Aim •Data Interpretation •References
Introduction Digital technology is that one factor which can help the company inachieving their desired position in the market and through this all the activities are being conducted in an effective manner as well. There are various kinds of tools and technologies which are being invented or innovated by the researchers so that it can provide various kinds of advantages to the companies. The organisation which is being referred here is Marks and Spencer
Research Aim Aims:“To identify the impact of digital technology in bringing growth and innovation in small business organisation - A case study on Marks and Spencer ”. In Marks and Spencer, they are making use of new technology so as to improve their performance in the market and a build a good image in the market place as well. They can implement technologies to know the needs and demands of customers in the market and then using it to sell their products in the market.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Data Interpretation This is very necessary for project managers to bring the correct meaning of data that has been gathered through the respondents. It is crucial to get the data analysed since then only they will be able to arrive at right conclusions. In this research, questionnaire was distributed to the sample group of respondents. The interpretation is done as follows:-
Theme 1: APPLICATION OF NEW DIGITAL TECHNOLOGY AND ITS IMPACT Q1. Is this new applied technology beneficial for Marks and Spencer? Frequency a) Yes20 b) No5 a) Yesb) No 0 2 4 6 8 10 12 14 16 18 20 Frequency
Theme 2: PROVIDING LONG TERM BENEFIT TO THE FIRM Q2. Does this new added feature provide long term benefit to the firm? Frequency a) Yes18 b) No7 a) Yesb) No 0 2 4 6 8 10 12 14 16 18 Frequency
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Theme 3: CUSTOMERS RECTION AFTER THIS NEW DEVELOPMENT IN MARKS AND SPENCER. Q3. How did the customers reacted when the company implemented this new development? Frequency a) Positive15 b) Negative10 a) Positiveb) Negative 0 2 4 6 8 10 12 14 16 Frequency
Theme 4: REQUIREMENT OF INNOVATION IN MARKS AND SPENCER Q4. Does Marks and Spencer actually required innovation? Frequency a) Yes10 b) No15 a) Yesb) No 0 2 4 6 8 10 12 14 16 Frequency
Theme 5: SHIFT IN METHOD TO DO SHOPPING Q5. Does the customers who are using old ways to get treated would shift to this modern way of doing shopping? Frequency a) Yes21 b) No4 a) Yesb) No 0 5 10 15 20 25 Frequency
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Theme 6: APPLICATION OF DIIGITALISATION IN AN EFFECTIVE MANNER Q6. Are Marks and Spencer capable enough to apply this digitalisation in an effective manner ? Frequency a) Yes20 b) No5 a) Yesb) No 0 2 4 6 8 10 12 14 16 18 20 Frequency
Theme 7: INNOVATION HELPFUL IN GAINING NEW CUSTOMERS Q7. Will this innovation help the company in gaining more customers ? Frequency a) Yes22 b) No3 a) Yesb) No 0 5 10 15 20 25 Frequency
Theme 8: TYPE OF OPERTING SYSTEM USED IN COMPANY Q8. In which types of operating system will this be used ? Frequency a) ) Android13 b) IOS12 a) ) Androidb) IOS 11.4 11.6 11.8 12 12.2 12.4 12.6 12.8 13 Frequency
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Theme 9: METHOD OF MARKETING TO BE PREFERRED IN BUSINESS Q9. According to modern world, which method should be preferred for doing business? Frequency a) Traditional10 b) Modern15 a) Traditionalb) Modern 0 2 4 6 8 10 12 14 16 Frequency
References Ahmed Dine Rabeh, H., Jimenez-Jimenez, D. and Martínez- Costa, M., 2013. Managing knowledge for a successful competenceexploration.JournalofKnowledge Management.7(2). pp.195-207. Chesbrough,H.,2010.Businessmodelinnovation: opportunities and barriers.Long range planning.43(2). pp.354-363. Crane, A. and Matten, D., 2016.Business ethics: Managing corporate citizenship and sustainability in the age of globalization. Oxford University Press.