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The Impact of Digital Technology on Business Activity: A Research Project

   

Added on  2023-02-13

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The Impact of Digital Technology on Business Activity: A Research Project
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The Impact of Digital Technology on Business Activity: A Research Project
Project Management Plan
Introduction
The advancement of digital technology has not only impacted the lifestyle and way of living for
the people, but it has also hugely influenced the activities and operations related to a business.
The conventional method for working business has changed and individuals draw in through
computerized innovation when directing business movement. Portable innovation and the web
have rolls out business to improvement every day. The advances in software engineering and
correspondence have changed the face and the pace of business exercises whereby associations
have altered the business forms and thus, made business to work effectively. Things like
distributed computing, network, client division, downtime, and portable arrangements have
enabled business to be led in various ways and numerous organizations both little and extensive
proceed to adjust and direct exercises in an advanced way. Innovation influences business
exercises both decidedly and contrarily making it critical for organizations to apply the exercises
in ways that put them at preference. Flex can be considered as the USA's one of the biggest
organizations related to the industry which fabricates electronic gadgets and supplies or provides
technological arrangements. The organization has given advanced innovation another importance
whereby it has planned, constructed, scaled, and conveyed development to the associated
universe. The company utilizes cloud innovation which has helped the association to
manufacture a consistent production network that has associated numerous providers on the
planet. Subsequently, the organization has possessed the capacity to expand the efficiency.
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Project Scope
The current paper will outline a project regarding the effect of digital technology or
computerized innovation on the business exercises of the Flex organization. The research will be
conducted independently and it will help in understanding how the digital technology is
increasingly impacting the various business activities with a specific focus on a particular
organization.
Project Objectives
The objectives of the project are to find out solutions to the following questions:
a) How digital technology is impacting the Flex organization's business activities?
b) Has the influence been positive or negative?
c) What are the potential measures that can be implemented by the company?
d) Is the scenario same in other companies or industries?
e) What are the general suggestions to improve the scenario?
In this manner, the project will cover a lot of specific aspects and concepts. It will take help of a
literature review to develop a proper understanding of the topic according to the existing
evidence. Thereafter, a comprehensive research will be conducted and the gathered information
will be analyzed to generate viable outcomes.
Project Costs
The costs of this project will be nominal. As the majority of the research will be done in a
secondary manner, the costs will be mainly associated with accessing text-books, research
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papers, journal articles, and website sources to gather data. It can be assumed that the anticipated
cost of the project will be $20.
Project Timeline
The current project will adhere to a specific schedule and it will follow the Gantt chart outlined
below:
Choose research area
Preliminary research
Decide research topic
Decide methodology
Submit/present proposal
Finalise methodology
Conduct research
Analyse data
Write up
Submit assignment
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Project Log Book
Introduction to the Topic
Advanced innovation is reshaping the business world and has changed all parts of business tasks.
Flex utilizes distributed computing that enables the organization to move a portion of the
exercises to servers that have a place with the outsider whereby they can be gotten to through the
web availability. Therefore, factor information bundles are made accessible in an extended and a
versatile way without the dread of lasting misfortune, downtime, and slamming. Distributed
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