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Digital Technology Impact on Business

   

Added on  2020-12-09

23 Pages5189 Words495 Views
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The Impact of Digital Technology on Business Activity:
Research Project
By (Name)
Instructor's Name
Course
Institution
Location of Institution
Date
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TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
1. Background and Purpose of the research...........................................................................1
2. Project management plan...................................................................................................2
3. Work break down structure and Gantt chart.......................................................................5
4. Qualitative and Quantitative research methods................................................................10
5. Analysing research and data using appropriate techniques and tools..............................10
6. Recommendations and conclusion...................................................................................15
7. Reflection.........................................................................................................................16
REFERENCES..............................................................................................................................17
APPENDIX ...................................................................................................................................18
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INTRODUCTION
The advancement of digital technology has not only impacted the lifestyle and way of
living for the people, but it has also hugely influenced the activities and operations related to a
business. The conventional method for working business has changed and individuals draw in
through computerized innovation when directing business movement. Portable innovation and
the web have rolls out business to improvement every day. The advances in software engineering
and correspondence have changed the face and the pace of business exercises whereby
associations have altered the business forms and thus, made business to work effectively. Things
like distributed computing, network, client division, downtime, and portable arrangements have
enabled business to be led in various ways and numerous organizations both little and extensive
proceed to adjust and direct exercises in advanced way. Innovation influences business exercises
both decidedly and contrarily making it critical for organizations to apply the exercises in ways
that put them at preference. Flex can be considered as the USA's one of the biggest organizations
related to the industry which fabricates electronic gadgets and supplies or provides technological
arrangements. The organization has given advanced innovation another importance whereby it
has planned, constructed, scaled, and conveyed development to the associated universe. The
company utilizes cloud innovation which has helped the association to manufacture a consistent
production network that has associated numerous providers on the planet. Subsequently, the
organization has possessed the capacity to expand the efficiency.
MAIN BODY
1. Background and Purpose of the research
Background of the research: The current paper will outline a project regarding the effect of
digital technology or computerized innovation on the business exercises of the Flex organization.
The research will be conducted independently and it will help in understanding how the digital
technology is increasingly impacting the various business activities with a specific focus on a
particular organization.
Aim:
To analyse the impact of digital technology on business activities, e.g. operations,
marketing, accounting and HR.
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Objectives:
To evaluate requirement of digitalisation within operational activities of Flex.
To analyse and determine impact of digital technology within growth and innovation of
Flex. To suggest ways in which company is able to successfully implement digital technology
at workplace
Research question:
How digital technology is impacting the Flex organization's business activities?
Has the influence been positive or negative?
What are the potential measures that can be implemented by the company?
Is the scenario same in other companies or industries?
What are the general suggestions to improve the scenario?
2. Project management plan
It is a formal approved document that helps to define how a project is executed,
controlled and monitored. It is a summary of detailed document including baseline, cost of
project, subsidiary, management strategies, resources, quality and communication.
Project initiation: The goal of this stage is to describe research at a very broad level that it starts
with a case related to investigation when it is undertaken and feasible. However, the stage ends,
when testing of feasibility is done.
Project planning: Planning a key of successful management of developing map for firm to
follow procedure. Planning phase starts with setting goals using SMART and CLEAR method.
Determination of cost, quality, resources and realistic time-frame which are produced using
scope, schedule and cost of project.
Project execution: This is a phase, where deliverables are completed and reports, updates,
performances and meeting reports happens. Assigning resources, developing team, tracking
system, management plan, meeting status, project schedule and modified plans are involved in
this stage.
Project performance and monitoring: This is the stage, where project performance and
progression is determined. Key performance indicator is used to identify whether project is on
right track or not.
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Project closure: This is the last stage, represent complete project. In this, valuable members,
contractors and work events are identified for people participating in study.
Table 1: Scope and time duration
Table 2: Resource and cost budget
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Table 3: Quality control plan
Table 4: Communication plan
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