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Assignment on Impact of Digital Technologies

Added on - 06 Jun 2020

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RESEARCHPROJECT
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1Literature review-.............................................................................................................................2Description on the methodologies...............................................................................................6Draw a plan of implementation for research specification.........................................................8CONCLUSION................................................................................................................................9RECOMMENDATION...................................................................................................................9REFERENCES..............................................................................................................................11
INTRODUCTIONThe digital technology plays the crucial role in relation to have significant growth inbusiness activities. In the present market, it is very important to have the proliferation of the newdigital technologies in the firm so that firm can able to run function expertise manner (Angelland Kraemer,2017). It is very important to deal with the challenges of digital technologies sothat firm is able to score in market in the effective and efficient mode. With the help of effectivetools of digital technology, the firm is able to undertakes the activities of business as are access,manage, integrate, evaluate and create information in effective manner.The research aims to undertake the various activities which will be helpful in relation toprocess the activities of firm in effective manner. The present assignment will outline theactivities in relation to determine the impact of digital technologies so that business function canperform its activities in expertise manner (David, David and David, 2017). The main aim inorder to adopt the process of digital technology is to have smooth flow of working in businessenterprise. The idea of implementing the digital technologies in firm is one of the effectivemethod to earn desire amount of profitability.The current research work is based on the use ofdigital technologies by the retail industry of UK with a specific consideration of Tesco, being apopular retail enterprise.Aim-To analyse the importance and impact of digital technology onretailbusiness activities. “A casestudy on the use of digital technologyby Tesco”.Objectives-To determine the concept of digital technologiesin Tesco.To access the impact of technological advance on the business activitiesof Tesco.To identify the advantages of digital technologiesto Tesco.To recommend the waysin which Tesco can follow aproper digitalisation process inorder to perform business activities.Research question1.What is the concept of digital technologies in retail industry of UK?2.How technological advancement impacts upon the business activities of retail entities?3.What are the benefits of using digital technologies to the retail organisations of UK?What is the rational1
The main objective of digital technology is to provide effective services to the firm sothat entity can get the high amount of profitability. With the help of digital technology, thebusiness enterprise is able to have smooth operation so that firm can able to sustain in the marketfor the longer period. In this manner, it can be true to said that the idea of implementing thedigital technologies in firm is one of the effective method to earn desire amount of profitability.The technological advancement will be helpful to ensure fast services so that growth of the firmcan be achieved (Hapsari, Stoffers and Gunawan, 2017). The digitalisation is having the strongimpact on the performances of the firm. It is helpful in determining the potential growth in themarket. These kinds of activities are helpful in relation to enhancing the activities of the firm sothat with the help of digital technology there can be ambiguous effect on existing product andservices in the market. With the help of digitalisation, the firm is able to get the desire success inthe market. It is helpful in relation to maintain the security of the data so that things can beprotected from being violate. In order to have the fastest development in the organization thefirm can able to perform its activities sin the efficient manner. The technology is one of theeffective tool in relation to create innovation in product and services so that firm can manage theoperation of entity in effective mode.Literature review-The digital technologies play a vital role in determining the success of the firm. It is needto be conducted in the following manner as are-1.To determine the concept of digital technologyin UK retail sectorAccording to the view ofItani, Agnihotri and Dingus(2017), digital technology works asto transferring of the information with the help of satellite which is very helpful to have thecommunication to survive the operations of retail based firms in the market. This is helpful inorder to have the fastest development in the market. With the help of digital technology, the firmis able to operate its business function in the expertise mode. In contrary toKieckhäfer, Wachterand Spengler(2017), technological advancement will be helpful in order to process the functionof business in expertise and it works as to eliminate the errors. It is very helpful in providinghigh amount of portability and flexibility to firms like Tesco so that the firm can operate itsbusiness activities in will expertise manner. With the help of digital technological function, thefirm can perform its business activities in the effective and efficient manner. As per the view ofOlson and et.al.(2018), digital technology assists as to perform the function of business in the2
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