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Impact of Digital Technology over Growth and Innovation of Small Business

Added on - 23 Nov 2020

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MANAGING SUCCESSFULBUSINESS PROJECT=IF(42i2:I5)
TABLE OF CONTENTSResearch Title:.................................................................................................................................1INTRODUCTION...........................................................................................................................1Background of the study.............................................................................................................1Aims............................................................................................................................................1Objectives....................................................................................................................................1Rationale.....................................................................................................................................2Project management plan............................................................................................................2P3 Work breakdown structure and Gantt Chart.........................................................................4..........................................................................................................................................................5..........................................................................................................................................................6TASK 2............................................................................................................................................6P4 Research Methodologies........................................................................................................6TASK 3............................................................................................................................................8P5 Data analysis.........................................................................................................................8P6 Communication of recommendation on the basis of data analysis......................................13TASK 4..........................................................................................................................................14P7 Reflect on research undertaking on the basis of objectives, learning and performance......14CONCLUSION..............................................................................................................................14REFERENCES..............................................................................................................................15
Research Title:To identify the impact of digital technology over growth and innovation of smallbusiness. A case study on Nisa”.INTRODUCTIONTechnology has revolutionised the way in which company conduct its businessoperations. This mainly helps small business to level up their playing field with the largeorganisations. It allows managers to conduct business operations through most effectivetechnology (Vendrell‐Herrero and et.al., 2018). Thus, in this research paper, scholar willarticulate the impact of digital technology over small businesses. Firstly, aims and objectiveswould be created which helps in providing a path for reaching efficient research study. Further,with the help of project management plan proper execution of work will get developed thenappropriate method will get selected in order to gather the data of this study. Moreover, throughdata analysis appropriate recommendation will get provided for research study.Background of the studyDigital technology has=IF(42i2:I5)opened avenues for small businesses. Thus, in order to operate effectively on daily basis, smallbusinesses mainly relay on technologies. It is because advancement in technology not onlyimpacted the way of doing work of these organisations but it is also impacted large organisationsoperations (Bouwman and et.al., 2018). Through these implications, there will be a developmentof flexible working environment among small business organisation. Thus, researcher hasselected the topic for identifying the impact of digital technology over the business operations.In this research paper, case study of Nisa has selected because recently, Nisa hasannounces that by placing its emphasis on social media, it looks to capitalise growing influencein retail marketplace through digital communication.Aims“To identify the impact of digital technology on growth and innovation of small business.A case study on Nisa.”ObjectivesTo assess the role of digital technology in growth and innovation small business.
To articulate the impact of social media advertising in growth of Nisa.To determine challenges of implying social media advertising on small business.To recommend ways of integrating digital technology for improving organisationalefficiency.RationaleThe fundamental reason behind selecting this research paper is to strengthenunderstanding behind the impact of digital technology over businesses. While, thousands ofstudies have been previously conducted to study impact of digital technology but this topic is farfrom being exhausted in research area. Another reason for conducting this research topic is toenhance level of professional development and to improve academic career in writing researchstudy.Project management planIt is a process of conducting successful project with minimal stress. It is a tool whichdefines needs, expectations and which develop scope of project with budget and timeline so thatresearch activities get developed with proper evaluation. PMP for present research project are asfollows-Cost:Cost estimation is an important part for conducting efficient research. Here, scholar willestimate techniques to determine the level of total cost for completing a project. For the presentreport estimated cost is £5000.Scope:This is the section under which researcher will analyse purpose and objectives whichneeds to be stated in research report (Kasemsap, 2018). In simple words it involvesdetermination of specific goals, tasks, cost and deadline. The scope of present report is toidentify impact of digital technology.Time:It refers to components of overall project management through which a specific timelineis analysed and develop for further completion of study. Time required for present report is..Quality:It encompasses the process and activities which will be used in achieving quality ofdeliverables in project. In simple words, it is simply process of conducting efficient research
study upon with other readers will relay. For the present report qualitative technique willevaluate for presenting efficiency of work.Communication:It is the key factor in project management. However, for successful execution of work,effective communication plays an important role. For the present report a method of survey hasdeveloped where interview will conduct to ----.Risk:This is the section which also required specific attention of researcher for presentingvaluable research study. In this factor scholar will evaluate risk of project and how it affects to anumber of different project variables. For the present paper factor like theft, secrecy of data havemajor risk (Kusters, 2016).Resources:This is the section under which researcher will analyse the material which required inconducting research study. For the present paper required resources include vehicle, stationary,mobile, laptop etc.
P3 Work breakdown structure and Gantt ChartFigure1: Timeline and Activities
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