Impact of Digitisation on Small Businesses - A Case Study on Mark Spencer
Verified
Added on 2023/03/20
|11
|557
|57
PowerPoint Presentation
AI Summary
This presentation explores the impact of digitisation on small businesses, with a case study on Mark Spencer. It analyzes the effect of digital technologies on growth and innovation, benefits of implementing digital technology, role of e-commerce, and the impact of digitisation on performance level.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Managing successful business project
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
INTRODUCTION Digitisationhasbecomeanimportanttoolforsmallscale organisation to systematically manage their business operations with technical tools for making their work smoother and easier. It provides a way through which information are converted and transferred in digital form.
Project Aim and objectives Aim- To ascertain the impact of digital technologies on growth and innovation of small businesses. A case study on Mark Spencer. Research objectives - •Analyse and predict effect of digital marketing in firm and its on society. •Generation and implementation of innovative ideas in activities and planning performed in business for better outcomes •Usinglatest and innovative software for smooth functioning of business activities and for analysing them.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Data analysis Q1. Will digitalisation help in in increasing sales and productivity of Marks & Spenser ? Frequency A. Yes25 B. No5 Theme 1: Impact of digitalisation on increasing sales and productivity. YesNo 0 5 10 15 20 25 25 5 Column C
Theme 2: Benefits of implementation of digital technology Q2. Is implementation of digital technology in retail sector be fruitful ?Frequency A. Yes20 B. No10 YesNo 0 2 4 6 8 10 12 14 16 18 20 20 10 Column C
Theme 3: Role of e-commerce Q3. Do you agree that e- commerce website will increase growth of Marks & Spenser ? Frequency A. Yes22 B. No8 InternetPamphlet 0 5 10 15 20 2522 8Column C
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Theme 4: Impact of digitalisation on performance level Q4. Does implementation of digital technology has affected performances of Marks & Spenser ? Frequency A. Yes24 B. No6 Modern technologyTraditional technology 0 5 10 15 20 25 24 6 Column C
RECOMMENDATIONS •Company must plan to organise training and development process for increasing knowledge of people about the marketactivity.Forexampletheymusttraintheir employee to work on digital platform for marketing and sales activity. •Brexit is about to happen in UKso there are chances that change in new Government policy may not work in favour of them.
CONCLUSION •From analysis of above report it is being concluded digitisation will have major impact on activities that are to be performedin business structure. •Acompanycanusesamplesizeanalysisforgrowthand development of their products. •Digitalisation is a new trend that has been adopted by different organisation for their success,it is a vast area and more to be explored in future run.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
REFERENCES Zott, C., Amit, R. and Massa, L., 2011. The business model: recent developmentsandfutureresearch.Journalofmanagement. 37(4). pp.1019-1042. Teece,D.J.,2010.Businessmodels,businessstrategyand innovation.Long range planning.43(2). pp.172-194. Stokes,D.,Wilson,N.andWilson,N.,2010.Smallbusiness management and entrepreneurship. Cengage Learning EMEA.