Impact of Digital Technologies on Businesses

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This solved assignment examines the significant impact of digital technologies on modern businesses. It discusses how companies leverage technology to enhance operational efficiency, foster innovation, and achieve greater success in competitive markets. The report analyzes specific examples and trends, emphasizing the role of cloud computing and data-driven decision-making in driving business growth.

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Managing Successful Business
Project

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Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 ...........................................................................................................................................1
P2 ...........................................................................................................................................2
P3 ...........................................................................................................................................4
TASK 2............................................................................................................................................7
P4 ...........................................................................................................................................7
TASK 3............................................................................................................................................9
P5 ...........................................................................................................................................9
P6..........................................................................................................................................18
TASK 4..........................................................................................................................................19
P7 .........................................................................................................................................19
CONCLUSION..............................................................................................................................19
REFERENCES..............................................................................................................................20
APPENDIX....................................................................................................................................21
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INTRODUCTION
Digital technology is a kind of innovation that has changed the way working inside he
working environment. This concept is growing at a very fast rate inside the business environment
and each and every company is advised to use this concept inside their work culture. This is a
very innovative concept and this helps in doing all their work in an easier manner. It saves a lot
of time as well. It is also believed that it is a one time investment by the company and it will
benefit the company for a longer period of time (Alreemy and et. al., 2016). Through these
digital technologies, small businesses are also getting opportunities to achieve growth and
development inside the work environment. Now-r-days people have shifted from traditional
marketing to modern marketing and for this digitalisation are very essential. This report is based
in the small business organisation named as ZOCDOC. It is an online medical scheduling
company which is also famous for it’s free of charge medical search care facility. The report will
cover aims and objectives of the research, a project management plan, action plan will be formed
linked to the impact of digital technology on small business. Along with this, Data investigation
and interpretation will also be done so also get corrective results.
TASK 1
P1
Since digitalisation is developing in full speed inside the business organisation so there
are so many small businesses that has been started so as to take full advantage of this. I t is
prescribed to all the companies to use digital technologies in their working so as to bring growth
and development inside the work organisation. It is said that if the companies will make use of
digital technologies then they will be capable to conduct their operations.
UK has developed economy, so they acquire things more quickly as compared to other countries.
It is important so that business running there achieve growth more frequently (Conforto and
Amaral, 2016). ZOCDOC is a small organisation which provide online medical services to
public. Their aim is to provide services easily so that they get edge over competitors. There is
requirement to modify technologies like modern machines, updated software, cloud technology,
etc. This will help in reducing manual work and this will help in good quality services in
specified time. This improves the efficiency of employees as they feel competent to outer world.
This is important to give more emphasis on digital technology so that they can more number of
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customer. ZOCDOC come with innovation in which they get provide service to their registered
customer by giving them knowledge about due date of their check-up.
Topic- “Impact of Digital Technology in supporting small business growth and innovation.”
Background of the project-
Technology have important role in today's market, so it is necessary to usage latest
technology. Customer is main component which helps in getting profit and growth to business,
so technology will provide support to customer's satisfaction (Kasemsap, 2016). Administration
department of ZOCDOC has to aware about latest methodology in industry, this will make good
use. To adopt any technology there must be proper analysis must be done because there is
requirement of cost, so the technique which is suitable for organisation has to be adopted.
Software which ZOCDOC wants to use is to [provide support to customer, with this customer
will prefer their firm. There must be requirement of doctors as well to provide timing services,
there can be emergency to customer but it is important to provide qualitative services.
Aim: “To identify the impact of digital technology in bringing growth and innovation in small
business organisation - A case study on ZOCDOC.”
Objectives :
To Identify the effect of digitalisation on ZOCDOC.
To analyse the need for implementing digital technology in ZOCDOC.
To measure the potency of digital technology on the activities done by ZOCDOC.
Research Question:
How to Identify the impact of digitalisation on ZOCDOC?
Was there any need for ZOCDOC in implementing digital technology?
How to evaluate the effectiveness of digital technology on the activities done by
ZOCDOC?
P2
If work of company is done with proper planning then chances of wining the task is increases.
Therefore it is vital to do advance preparation of all programmes that definitely give success. So
at the time of doing project it is duty of project manager to do research of all the data that is
relevant in task of company in proper manner (Langer, 2017). Basically project management
plans includes all the activities that taking place during whole planning procedure. Further it is
considered as legal or formal document that mandatory to prepare on the basis of which project
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manager give direction or guide, monitor to their employees. It is responsibility of manager to
delegate work to their employees according to their skills. All the above step increases the
chances of becoming project successful (Laudon and Laudon, 2016).
In this plan following component are well thought out which include cost, scope, time,
quality, communication and resources. So, the manager of ZOCDOC will include all those
factors that help in achieving success in the management project. The factors stated below:-
Cost: In this ZOCDOC company has to analyse all the factor related to cost incurred in
project. For success innovation is important require lot of investment is to be done by the
companies in order to provide something new in market. Since ZOCDOC started just
with an idea to give medical facilities it require various funds and good guidance so
optimum utilisation of resources is possible.
Time: Whenever plan is made related to project management then in such case project
manager is given duty to make sure that all the activities accomplished in specified time
period. In the plan also every task is allotted a particular span of time so all the
employees needed to complete task in limited time period only. All the process help in
accomplishing the project on time period.
Scope of project: the scope of project is very high as it will open the new direction for
ZODOC in the market. This will help in earning more and comprise more customers also
improving image of company. All this help in increasing earnings and productiveness.
Risk: Since ZOCDOC is running in small size so by brining new innovation also create a
risk of failure if customer not liked the features of products. On the other hand if
feedback regarding product is good in market also have slight risk. Therefore it is
necessary to scan all the factor associated with risk and establish measures to solve it.
Communication: ZOCDOC should take care that effective communication is maintain
between buyer and seller so that all the information related to products are transfer to
them. All these measure ease the work of organisation (Liebowitz and Frank, 2016).
Quality control: ZOCDOC online platform where medicines are available simply without any
efforts. Although company need to concern regarding the quality of goods and services because
it help in increasing the goodwill of company. If company compromise in standard quality leads
to dilute the business of company activities.
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P3
It is very essential for the companies to take reviews of the people for whom they are
developing this new project because if they will not accept it in future then the company might
face huge losses. Their reviews will be very useful for them in taking their decisions in an easy
manner and help in achieving success as well (Lientz and Rea, 2016). Therefore, the project
managers create an action plan in which they cover all the activities in the sequence in which it
will be performed so that there is no confusion in the end. Also, after this all the resources will
be utilised in a correct way.
A work break-down structure is a mixture of several elements that is prepared by the
project managers so as to achieve the goals and objectives of the company in a limited time
period. Here, all the activities are divided into small part so that all the work is performed in an
effective manner and completed on time as well.
A Gantt chart helps in pointing out the activities that will be used by the companies so as
to finish the task. It is specifically framed in the form of pyramid. So, in order to design the
action plan following steps are included:-
Description of the problem
reassessment the literature
Clarifying the problem
Distinctly specify the terms and idea or thoughts.
Defining the population
Collection of data
Examine the data
Finalising the report and giving recommendations also
Propose the report
S. no Name of Task Time period Start Finish Predecessor
1 Determine the
problem
5 Days
2 Review the
literature
11 Days 1
4

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3 Clear up the
problem
14 Days 1,2
4 Clearly
specify the
terms and
concepts
6 Days 2,3
5 Define the
population
15 Days 4
6 gathering data 5 Days 5
7 Examine data 6 Days 6
8 Conclusion
and
Recommendat
ion
1 Day 7
9 Submission of
report
1 Day 8
5
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TASK 2
P4
It is very important for the entire organisation to conduct the research process so as to get
updates about the changes that have happened in the business environment. By doing research
they will be able to know what new technologies have come in the business environment.
Generally the two methods which are used by the researcher so as to identify the taste and
preferences of the customers are Primary source of data and secondary source of data (Nambisan
and et. al., 2017). Through these they collect the data and then analyse it so as to take corrective
decisions inside the company. In case of Zocdoc, they will be able to find out that whether
customers will like their new concept or not and whether it will be adapted or not. For them, the
data that is connected with online legal status for constant business standard of organisation is
essential and to know the practicability to continuing the business. The methods that will be
used here are:
Qualitative
Quantitative
Analytical
Initially the research team will take help of quantitative and qualitative method so as to know the
reaction of the customers but then later on they will use the techniques presented as well. These
are:
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Primary Data – This is a type of data that is collected by the researcher for the first time
and it is also very much reliable as it is not being used by anyone else (Navimipour and
Soltani, Z., 2016). It has been collected by using various types of methods like personal
interviews, questionnaires etc. In this project , 20 Respondents have been selected by the
researcher so as to collect the data. These respondents are being selected by using random
sampling method and are acting as a representative of the overall population.
QUESTIONNAIRE
Name:
Age:
Gender:
Q1. Will this new development be favourable for ZOCDOC ?
a) Yes
b) No
Q2. Will ZOCDOC be able to get long term benefit from this change ?
a) Yes
b) No
Q3. The reactions that will be faced by the company will be in which form ?
a) Positive
b) Negative
Q4. Was this development actually required in ZOCDOC?
a) Yes
b) No
Q5. Will the customers who have got the habit of using old medical treatment and
facilities , be able to adopt this new development?
a) Agree
b) Disagree
Q6. Does ZOCDOC have enough resources to support digitalisation ?
a) Yes
b) No
Q7. Will they be able to attract more customers by introducing this change ?
a) Yes
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b) No
Q8. Operating system that will be considered here will be ?
a) Android
b) IOS
c) other web application
d) All of the above
Q9. Which method of marketing should be preferred while doing business?
a) Traditional marketing
b) Online marketing
Q10. Any suggestions for implementing digitalisation in a better way?
Secondary data:
These are the kind of data that is already been used by the researchers in their earlier
projects. It includes journals, newspaper articles, books etc. It is considered as less reliable as
many of the investigators have already used it (Nelson and Staggers, 2016). ZOCDOC will make
use of secondary data method to know the market competitors strategy in this fields.
TASK 3
P5
This is necessary part of the overall report in this managers have to analyse the data that
has been gathered by them from the number of pre determined respondents (Peppard and Ward,
2016). These data will be interpreted by the experts present in the company and the conclusion
given by them will help them in achieving their aims and objectives. In this research, sample
questionnaire was distributed to the number of respondent which is pre determined.
Interpretations of the result are as follows :-
Q1. Will this new development be
favourable for ZOCDOC ?
Frequency
a) Yes 16
b) No 4
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Theme 1: Customers views towards this new development
Interpretation: As this new change that is brought up by the company is effective for the
customers so it is prescribed to all the people who are using digital technology to use this app so
that they can enjoy its benefit. From the above data, it can be concluded that out of 20
respondents, 16 are in favour of using this new development but 4 does not prefer it still.
Q2. Will ZOCDOC be able to get long term
benefit from this change ?
Frequency
Yes 15
No 5
10
a) Yes b) No
0
2
4
6
8
10
12
14
16
Frequency

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Theme 2: Giving long term benefits
Interpretation : From this development , the company will be able to gain the trust of all of its
customers and once the trust is gained they will be able to retain their customers for longer
period of time. As per the upper mention data, it can be summarised that out of 20 respondents,
15 think that the enterprise will be capable for getting long term benefits from this development
but 5 believe that its benefit will be for short term only.
Q3. The reactions that will be faced by the
company will be in which form ?
Frequency
a) Positive 18
b) Negative 2
11
Yes No
0
2
4
6
8
10
12
14
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Theme 3: Reactions faced by organisation
Interpretation: If the customers will like this change then it is very good for the company as it
will attach them with the company and if they don't like it they will not be associated with the
company. From the above data, it can be concluded that out of 20 respondents, 18 reacted in a
positive manner and only 2 reacted negatively.
Q4. Was this development actually required
in ZOCDOC?
Frequency
a) Yes 11
b) No 9
12
a) Positive b) Negative
0
2
4
6
8
10
12
14
16
18
Frequency
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Theme 4: Requirement of innovation
Interpretation: Since digitalisation is growing so much in the work environment so it is very
essential for the companies to introduce these kinds of changes into them. It acts like a re-
innovation or re-invention for the company and it is very beneficial for them as well. From the
above data, it can be concluded that out of 20 respondents, 11 think that it was required for
ZOCDOC to bring innovation but 9 think that it was not required.
Q5. Will the customers who have got the
habit of using old medical treatment and
facilities, be able to adopt this new
development?
Frequency
a) Agree 10
b) Disagree 10
13
a) Yes b) No
0
2
4
6
8
10
12
Frequency

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Theme 5: Customers adaption towards this new development
Interpretation: Since old customers are having habit of using a particular type of service so it
becomes very difficult for them to adapt this change but they can try it. From the above data, it
can be concluded that out of 20 respondents, 10 believes that they can adapt this change but rest
10 think that they will not be able to adapt it.
Q6. Does ZOCDOC have enough resources
to support digitalisation?
Frequency
a) Yes 14
b) No 6
14
a) Agree b) Disagree
0
1
2
3
4
5
6
7
8
9
10
Frequency
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Theme 6: Availability of resources
Interpretation: From the above data, it can be concluded that out of 20 respondents,14 think
that ZOCDOC is having enough resources to implement this development and 6 think that they
are not having enough resources.
Q7. Will they be able to attract more
customers by introducing this change?
Frequency
a) Yes 18
b) No 2
15
a) Yes b) No
0
2
4
6
8
10
12
14
Frequency
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Theme 7: Attracting more customers
Interpretation: Since this change was very much required and it is connecting well with the
digital technologies as well so it becomes convenient for people to use it. So, from the above
data, it can be concluded that out of 20 respondents 18 think that through this they will be able
opt attract more and more customers but 2 think that they will not gain this.
Q8. Operating system that will be
considered here will be ?
Frequency
a) Android 3
b) IOS 3
c) other web application 3
d) All of the above 11
16
a) Yes b) No
0
2
4
6
8
10
12
14
16
18
Frequency

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Theme 8: Kinds of operating system
Interpretation : Since this new development is connected with technological innovation so there
will be use of technological innovation as well. From the above data, it can be concluded that out
of 20 respondents, 3 think that it will be on Android, 3 think that it will be on ios, 3 think that it
will be on any other web application but 11 people think that it will be on all the operating
systems.
Q9. Which method of marketing should be
preferred while doing business?
Frequency
a) Traditional marketing 8
b) Online marketing 12
17
a) Android
b) IOS
c) other web application
d) All of the above
0
2
4
6
8
10
12
Frequency
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Theme 9: Methods of marketing
Interpretation: From the above data, it can be concluded that out of 20 respondents, 8 believe
that traditional method of marketing best but 12 think that the modern method of marketing is the
best.
P6
Since it is known that ZOCDOC is a small business company that is running from a long
time in UK. They are doing their operations on a small scale but it is so effective that they are
able to earn large amount of profits from it. They are giving medical facilities through digital
technologies so it has brought convenience to customers who are using these services. Because
of their unique services only they are able to sustain in the market for a long time. They are also
not facing any kind of issues from any side and are bringing only efficiency inside the company.
They are fully supporting all the technologies that can be used by them in order to
improve the way of working inside the company. Through this they will be able to bring new and
innovative ideas inside the business organisation and the business will be able to grow more fast.
It is also prescribed that ZOCDOC can make use of Cloud computing so as to store all the
data related to their clients. Through this they will be able to share this information from one
18
a) Traditional marketing b) Online marketing
0
2
4
6
8
10
12
Frequency
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person to another in a very easy manner and there will be no threat as well because it is a very
safe and secure method.
TASK 4
P7
Research is said to be a very complex subject where a lot of time and money is invested so
as to so as to get corrective results from the research process conducted. The investigator is
required to do a proper study so as to get find new ways for completing their projects in an
effective manner. They are also allowed to analyse al the factors that are related to external
environment like political, legal, technological etc. and check their impact on the project.
Therefore , it is very important for the investigator to make sure that all the activities are being
conducted in an effective manner .
But everything is not as smooth as it seems. While conducting the research the
investigator faced a lot of problems as there are lot of problems. In this, the investigator had to
collect the data from the sample respondents but the respondents selected were not able to share
their information in an effective manner as some of them were having language issues. So, it was
a major problem tat was faced by the researcher. Also, the money that was allotted to be used to
conduct the operation was also less but somehow the researcher managed to conduct the
activities effectively.
CONCLUSION
From the above report, it can be concluded that digital technologies is a strong tool that is
helping all the companies to achieve higher position in the market. It is being used by all the
companies for completing their operations as it helps them in completing it within time and
without any issues as well. It is having a very strong impact on all the companies that are
working on small scale and gives them opportunities to develop and grow in their market area. In
this report, the researcher conducted the research by following all the rules and regulations and
used proper methods as well to analyse and interpret the data in corrective manner.
19

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APPENDIX
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