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Study on Managing Successful Business Project

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Added on  2020-06-06

Study on Managing Successful Business Project

   Added on 2020-06-06

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Managing Successful Business project
Study on Managing Successful Business Project_1
ContentsIntroduction......................................................................................................................................3Part 1................................................................................................................................................3P1 Aim and Objective..................................................................................................................3P2 Project Management plan.......................................................................................................5P3 Work breakdown structure and Gantt chart............................................................................6Part 2................................................................................................................................................9P4 Small scale research................................................................................................................9Part 3..............................................................................................................................................11P5 Research methods.................................................................................................................11P6 Data Analyses...........................................................................................................................13P7 Reflection..............................................................................................................................16Conclusion.....................................................................................................................................17REFERENCES..............................................................................................................................18
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IntroductionDigital technology has changed the scenario of business. Over a period of time changesin technologies have helped companies in transformed business activities (Laudon and Laudon,2015). These digital technologies has improved business performance of companies and hassupported in managing their operations well. Present study is based on Nisa retail firm which issmall size retail firm. Company operates its business at limited area but it is offering high qualityretail products to consumers. Current report will frame aim and objective for the present topic.Furthermore, it will explain research methods for conducting study in smooth manner. It willanalyses the data and will give necessary recommendationPart 1P1 Aim and ObjectiveBackground of the studyDigital transformation has improved performance of companies, it has supported inmaking changes in operational, marketing, human resource and many other activities of business.There are various technologies that are used by the firm in order to enhance their performance/.These are such as Mobile technology, social media tool etc. All these techniques help the entitiesin gaining new opportunity to grow well (Westerman, Bonnet and McAfee, 2014). Digitaltransformation is helping companies in expanding their business and reaching to mass audience.That is why now small size firms are able to earn high profit and develop their products in orderto satisfy needs of consumers. Cloud technology is the best technique that helps in sharinginformation so that administrative function can be improved. Internet has improved structuringof business and supported in raising sales volume Aim: To identify impact of digital technologies on business activities: A study on Nisa retailfirm.Problem statementTechnological Updation are helpful for firm it helps them in improving operationalefficiency. Most of the firm are unable to implementing these digital technologies due to various
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reason. This study will help in making them are with the benefits of implementing digitaltechnologies.Project strategyIn order to conduct this project researcher has chosen qualitative project strategy. Alltheories have been included in order to address research question. Digital technologies are theeffective tools that help in raising performance of business thus, this topic has been taken intoconsideration. With the help of this strategy scholar will be able to address problems in effectivemanner. Project Objectives: To understand use of digital technology in organization.To explain factors that impact on business activities and create issue for business toimplement digital technologies.To analyses impact of digital technologies on business activities.To suggest ways to improve performance of business by implementing digitaltechnologies.DeliverableThe purpose of the project is to enhance quality of products by using diogitaltechnologies. Furthermore, objective of the entire study is to offer quality services to consumersand communicate well with them. Project scope statementThe main scope of this project is that it will help in improving business activities oforganization. It will support in finding benefits of digital technologies and identifying issues inthe business. The work will not include any specific technology. Success criteriaIn order to measure the success, time, cost will be taken into consideration. Project assumptions
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