Impact of Digital Technology on Business - Report
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Added on 2020-07-23
Impact of Digital Technology on Business - Report
Added on 2020-07-23
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RESEARCH PROJECT
Table of ContentsINTRODUCTION...........................................................................................................................1P1 Research proposal which clear define question with hypothesis and literature review.........1P2 Research method with primary and secondary sources of information.................................3TASK 2............................................................................................................................................5P3 Conduct primary and secondary by having an use of method and techniques......................5P4 Apply accurate tools and research findings and data.............................................................6TASK 3..........................................................................................................................................10P5 Communicative research outcomes are done in appropriate manner with intendedaudience.....................................................................................................................................10TASK 4..........................................................................................................................................10P6 Reflection of effectiveness of research method and techniques..........................................10P7 Determine alternate research methodologies for the project...............................................11TASK.............................................................................................................................................12CONCLUSION..............................................................................................................................12REFERENCES..............................................................................................................................12
INTRODUCTIONResearch is crucial part for every kind of business whether it is at large or small scale.Basically it is required to conduct and research to collect the needed and important informationfrom market which is appropriate for producing strategy and decision in proper way, so thatperfect result and outcome can be accomplished (Alshamaila, Papagiannidis and Li, 2013).Report is based on “Impact of digital technology on Business activity in scenario of EdenTraining Solution Limited. Therefore, digital technology is that which is having an great impacton business activity of small company as this help them to gain growth and bring innovation inthere services in great way. Even though, aims and objectives also get framed and analysed withthe critical aspect of various authors in organising with literature reviews. Moreover, bycollecting various information from market can result into having an appropriate judgement thatdo help in carrying down with the analyses and interpretation as well. P1 Research proposal which clear define question with hypothesis and literature review.This report is based on Eden Training Solution Limited who is looking forward tointroduce and having an implementation of digital technology in there business for having aneffective and better result which can be managed. Firm provide there services related to trainingto various clients like- team leading, customer service, fitness and social media qualification.Hence, digital technology is used by company to cover the large market and can let know peopleabout there firm (form of Advertisement). Even though the entity manages to conduct research togather information related to how many people and entities are there who needs an propertraining so that effectively work can be done accordingly (Apulu, Latham and Moreton, 2011.Each and every project needs to consider few of the target which needs to be attained by thecompany in better way. Although the Eden Training Limited is thinking to use the digitaltechnology to bring effectiveness in there activities and make firm to earn higher profits too. Topic:- “Impact of digital technology on business activity”. A case study on Eden TrainingSolution Limited. Aims and objectives: Every organization and industry who is in market having some aims and objectives forwhich they work hard and try to attain those in great way.
Objectives: To analyse the impact of digital technology on business performance.To determine changes in services of firm after implementation of technology. To analyse impact of digital technology on profit of firm. Objectives are those for which company do formulate many plans and procedures so thatthey can accomplish same in effective way and goals with objectives can be attained in properway (Awa, Ojiabo and Emecheta, 2015). Objectives thus help in bringing up the questions forresearch and help firm to collect accurate data with information so that better decision can beattained. Research Questions: What is the impact of digital technology on business performance?What changes could be there on services of firm after having an implementation oftechnology? What impact would be there on profit after implementing digital technology? Basically, all these aspects needs to be considered by organization so that effectiveresearch can be conducted and firm can gain competitive advantage in market. Even though, it isrequired by entity to collect needed information related to questions so that proper working canbe seen in better way. Hence, literature review is required to be there so that an specificinformation by different authors can be gained in better and effective way too. a.) Impact of digital technology on business performance.Every organization in market is established to earn money and it is being considered asthe main objective of companies. In earlier times use of digital technology was not there but intoday's scenario use of technology is there for every kind of activity which do help in enhancingthe business activity in great way. Eden Training Solution has used mobile and digitaltechnology to cover large market and to bring effectiveness in firm performance, so that entitycan lead to accomplish there goals and objectives in huge manner. If modern equipments areused in innovative and creative manner then company can gain an competitive advantage inmarket too. In contrary to this Miranda Brookins says that technology is such which also bring upvarious thing in organization that help to complete the task and activity in perfect and in withintime period too. Even though the use of digital technology is that which leads to have an instant
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