Impact of Technology, Business Ethics, and Decision-Making on Modern Organizations

Business environment

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
1 Analysis the effect of technology changes on the company and how the company technology
strategy sources of competitive advantage. ................................................................................3
2 Impact of business ethics and corporate social responsibility on the modern business
organization..................................................................................................................................5
3 Analysing various influence factor that affect the decision-making and their impact on the
company.......................................................................................................................................7
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................1

INTRODUCTION
Business environment refer all the external and internal factor that affect the company
management function (Bhatia, 2019). It includes external forces, factor, institution, that are
beyond the control of the company and it affects the functioning of the organization. Business
environment includes the climate or set of condition, economy, social, technological in which the
business are operate. It is very important for businesses to analysis the competitor strategies and
their action. It helps the company to find out advantageous opportunity so that organization
compete in the competitive market.
Ocado group plc is a retailer of health, personal care, clothing, beauty product, frozen
food, bakery and alcoholic (Casali, 2021). The company provide home delivery services of the
wide range of product. It is a business which have licences grocery technology and it owns 50%
share of ocado.com in UK retail business. It is a British online supermarket and it is world
largest dedicated online grocery retailer. Ocado's warehouses are build with a giant 3D structure
inside, within which groceries are stored in crates.
Later, this report will explain about technological changes that affected to the company
and describe the overall technology strategy which source of competitive advantages for the
company. Further more, evaluate the impact of business ethics and corporate social responsibility
on the modern business organization. Analysing various influence factor that affect the decision-
making and their impact on the company.
MAIN BODY
1 Analysis the effect of technology changes on the company and how the company technology
strategy sources of competitive advantage.
In modern organization, technological changes are very important for development in the
company and achieving the good marketing position. New technology come with changes and it
might be small, affecting only a single sector but changes might be major that affecting whole
company (Coccia, 2018). The technological changes in the company may increase the
productivity of the worker, invester, promote the product independently. Technology changes
help the company to generate the sales of the company and help to boosting the profit. Five areas
that affected by technology changes in the ocado group plc.
Product development - Technology changes help the ocado group plc to develop new product
which help the company to increase sales and generate profit. Technology innovation help to