Use of Digital Technology by Tesco - Case Study
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Added on 2020-12-09
Use of Digital Technology by Tesco - Case Study
Added on 2020-12-09
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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 technical advancement creates value in business models, customer experience andinternal capabilities that brings significant growth in enterprise. In present market, it is veryimportant to have proliferation of new digital technologies in firm so that entity can able to runbusiness function in well expertise mode (Angell and Kraemer, 2017). It is very important todeal with the challenges of digital technologies as its have major affects on culture, efficiencyand relationship of business. With use of effective tools of digital technology, firm is able toundertakes the activities of business as are access, manage, integrate, evaluate and createinformation in effective manner. It has both tangible and intangible benefits that leads to makemoney and produce result which helps to enhance customer demand.The research aims to undertake the various activities which will be helpful in relationto process the activities of firm in effective manner. The present assignment covers theactivities that 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 outcome of technological advancement on retail businessactivities. “A case study on use of digital technology by Tesco”.Objectives- To determine the concept of digital technologies in Tesco.To access the impact of technological advance on the business activities of Tesco. To identify the advantages of digital technologies to Tesco. To recommend the ways in which Tesco can follow a proper 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?1
3.What are the benefits of using digital technologies to the retail organisations of UK? What is rationalThe main objective of technical advancement is to perform effectively so that entitycan get the high amount of profitability by performing well. Implementation of technicaladvancement in business enterprise leads to have smooth operation so that sustainability canbe maintained.Thus, idea of execution of digital technologies in firm is one of effectivemethod to earn desire amount of profitability. The technological advancement will be helpfulto ensure fast services so that growth of the firm can be achieved (Hapsari, Stoffers andGunawan, 2017). The digitalisation is having the strong impact on the performances of thefirm. It is assistive in terms to determining potential growth so that brand reputation of anenterprise can be enhanced. Thisactivities aids to have enhancement in firm functioning sothat there can be improvement in existing product and services. With the help of digitalisation,the firm is able to get the desire success in the market. Thus, its also assists to maintainsecurity of data so that things can be protected from being violate. By having fastestdevelopment in organization and effective productivity allow entities to do well with workersand reduction in pay rolls. The technology is one of effective tool to create innovation inproduct and services so that firm can able to manage the operational functions. Literature review-The digital technologies play a vital role in determining the success of the firm. It isneed to be conducted in the following manner as are- 1. To determine the concept of digital technology in UK retail sector In this, Itani, Agnihotri and Dingus (2017) states that digital technology works as totransferring 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 assistive interms to have fastest development in market.Moreover, digital technology works as toperform business function appropriately by having innovative tools and techniques. In contraryto Kieckhäfer, Wachter and Spengler (2017), technological advancement will processfunction of business in better mode by encouraging the use of new and innovative businessmodels that leads to improve errors and experience of employees. Furthermore, providing highamount of portability and flexibility to firms by implementing technical advancement leads tohave expansion of business activities (Digital Transformation Benefits for Businesses –2
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