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The Impact of Digital Technological Change on Business Activity

   

Added on  2021-01-02

27 Pages7626 Words238 Views
Business DevelopmentLeadership ManagementMarketingDigital Media and Video GamesData Science and Big Data
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THE IMPACT OF DIGITALTECHNOLOGY ONBUSINESS ACTIVITY
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Table of ContentsTITLE..............................................................................................................................................1P1 Devising aims and objective of project.............................................................................1Rationale of research..............................................................................................................1Aim ........................................................................................................................................1Objectives: .............................................................................................................................1P2 Producing project management plan which incorporates costs, scope, time and quality.2M1...........................................................................................................................................5P3 Producing work breakdown structure and Gantt chart......................................................7P4 Small scale research by applying appropriate research method Secondary analysis .......8Literature Review...................................................................................................................8M2.........................................................................................................................................17P5 Analysing research data using appropriate tools and techniques....................................17P6 Recommendations and their conclusion..........................................................................20M5.........................................................................................................................................22P7 Reflection .......................................................................................................................22M4.........................................................................................................................................23REFERENCES..............................................................................................................................24
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TITLE“Impact of digital-technology in business activity” P1 Devising aims and objective of projectOrganizations all around the world focus on increasing their performance, sales andprofitability. This enhancement can be achieved by implementing various effective strategieswhich can assist them to perform each and every business activity in the best possible way.Digital technology is used by companies so that they can deliver high quality products andservices to the customers. However, it is essential that all the employees perform their roles andresponsibilities appropriately (Naslund, 2017). In order to achieve effectiveness and efficiencythe employees needs to adopt digital-technologies in a most suitable manner. The present reportis in context to analyzing impact of digital technology of business activity of Aldi, UK. Thisresearch study will cover the following aims and objectives - Rationale of researchIt needs appropriate reasons to choose a topic for any research project or study, there arevarious reasons that have motivated me to choose this particular topic - “ Impact of digitaltechnology on business activities”. The main reason to select this topic is my interest in businessand business activities. I have desire to have a successful business which needs effectiveknowledge with respect to application of innovative strategies and techniques. In addition to this,digital technology is a most emerging element that is influencing most of the business activitiesin an organisation to improve its performance and profitability. Furthermore, I need to develop agood understanding of digitization technologies in business or organizations. Aim : “To identify the impact of digital technology all various functions of a business: A study onAldi, UK” Objectives: To analyze the relationship between digital technology and functions of AldiTo determine the concept of digital technology with regards to business activities. To identify the strategies to implement digital technology in various functions of Aldi To recommend strategies to enhance performance of various functions performed in Aldi,UK. Research Questionnaire: 1
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1.What is the concept of digital technology?2.What is the relation between functions of business and digital technology? 3.What are the strategies used in implementing digital technologies in functions at Aldi? P2 Producing project management plan which incorporates costs, scope, time and qualityProject management plan is the initial plan which is prepared by the researcher beforeembarking on the project (Baumann and Metabeauty Inc, 2016). It must be constructed ineffective and efficient manner which helps the researcher to carry out each and every activitywhich are associated with the project effectively and efficiently. The project management plan ofpresent research project is described with the help of Gantt Chart and network diagramdescribing the critical activity of project. In this context the project management plan isformulated below:WBSTask NameDurationStartFinishPredecessors1Determining title of project5 daysFri6/1/18Thu6/7/182Constructing statement of problem5 daysFri6/1/18Thu6/7/183Establishing deadlines for sortingresearch resources15 daysFri6/8/18Thu6/28/1814Literature review10 daysTue6/19/18Mon7/2/1825Selecting techniques for research5 daysTue7/3/18Mon7/9/1836Calculating costs5 daysTue7/10/18Mon7/16/1847Collection of data25 daysTue7/17/18Mon8/20/1858Analysing data10 daysMon7/23/18Fri8/3/185,69Interpretation and evaluation of data10 daysTue8/21/18Mon9/3/186,710Generating findings and results5 daysTue9/4/18Mon9/10/187,811demonstrating conclusion and5 daysTueMon92
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recommendations9/11/189/17/1812Documenting results 2 daysWed9/19/18Thu9/20/181013Submission of report 1 dayFri9/21/18Fri9/21/1811Project Scope: After the completion of the project, researcher will be able to identify theinfluence of digital technologies on the daily business operations of Aldi. Researcher willbe able to analyse the relationship between digital technology and functions of Aldi(Warner, 2017). He or she will further able to determine the concept of digital technologywith regards to business activities. Researcher will able to identify the strategies toimplement digital technology in various functions of Aldi and eventually he or she willable to recommend strategies to enhance performance of various functions performed inAldi, UK. Project Time: The estimated time for accomplishing the aim and objectives of theresearch is 3 months. Researcher will be able to complete research and present it for finalsubmission on 21 September 2018. Project Quality: Researcher will ensure that quality resources and materials will be usedin carrying out the research study. Project quality aid in enhancing the effectiveness inresearch study and thus, researcher will focus on the quality of research especially onliterature review part. Project Resources: Project resources must be described specifically and efficiently. Inthe present research study, to carry out research at Aldi, questionnaire research resourcewill be used by researcher (Nambisan, 2017). For analysing secondary data and literaturereview, books journals, internet articles and relevant websites will be explored.Communication: researcher will communicate to various stakeholder of research.Researcher will communicate to managers to whom the questionnaires will be provided.Researcher will communicate to tutor for feedbacks and will communicate to otherparties of research study such as friends and employees at Aldi. Project Risk: The major risk in the research will be the process of collection of data andminimum risk will be determining the project scope and setting deadlines. Project Budget3
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The total budget for research study estimated to £5000. The allocation is describedbelow:TaskBudget in £Determining title of project100Constructing statement of problem400Establishing deadlines for sorting researchresources600Literature review2000Selecting techniques for research100Calculating costs200Collection of data1000Analysing data100Interpretation and evaluation of data200Generating findings and results100demonstratingconclusionandrecommendations100Documenting results 50Submission of report 50Total5000The phases of project management plan are discussed belowExecuting- After undertaking chief has done the orchestrating about what and how it is tobe proficient then it is a perfect chance to put the game plan, all things considered.Execution of the game plan is the hardest errand which is to be perform by the head asthey need to realize the game plan and form every one of the partners as showed by saidoutline. Controlling-then this movement come in wander orchestrating top measure and controlthe sufficiency of masterminding and after that take healing exercises. This help thedirector to diminish down the cost of working and by this they can in future help theassociation in making a comparative game plan yet again. Shutting this is done to close down the endeavour or this is the fulfilment reason for anycourse of action (Shaikh, 2018). As each one of the exercises which are started theycontinue going for a particular period only and after that after they all touch base at anend.4
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