DIGITAL BUSINESS AND NEW TECHNOLOGY: A Comprehensive Analysis Report

This report provides a comprehensive analysis of digital business and new technology, examining their impact on modern organizations. It explores the evolution from pre-digital to digital environments, highlighting changes in market analysis, customer connection, and data recording. The report ...Read More

DIGTITAL BUSINESS AND
NEW TECHNOLOGY

TABLE OF CONTENTS
Introduction
Findings from digital business and new
technology
Before technology
After technology
Comparison
Recommendation
Conclusion

INTRODUCTION
Digital business and technology has become essential
for every organization in this competitive environment
and its usage has become habit and necessity of every
human in this modern time.

Findings of recent report on “your topic”
(Theories and models must be considered where possible)
Findings from Question A
There are different type of tools that can be
used for enhancing the productivity of Raksh
Limited company.
Findings from Question B
Findings from the Question B is that digital technology
has been developed with changing modern living
pattern, it has changed human connecting pattern and
many economic development changes.

Findings of recent report on “your topic”
(Theories and models must be considered where
possible
Findings from Question C
A detailed description of technology has been used for
Raksh limited Company's Business model and how social
media can provide various benefits to organization for its
creative performance with the help of digital marketing,
with the help of social media business can record
information systematically. Digital technology is
essential for customized products because it
enhances the effectiveness and efficiency of an
organization.

Findings from Question E
 Nowadays all business wants to perform
better in less time, with less resources and in
the best manner.
Findings from Question F
Digital technologies can be used as effective
business tools because it helps business to
cover huge market share with good quality
and relevant price.
Findings of recent report on “your topic”
(Theories and models must be considered where
possible

BEFORE DIGITAL TECHNOLOGY
Before Digital Technology Businesses were not able to
analyse market condition and trend also it was difficult
to connect with customers.
Recording data was not systematic as it is now, cost of
production, wastage of materials was high without
usage of technologies.
Business was not able to take the feedback from
customers and find the relevant improvement areas with
the help of these feedbacks.

AFTER DIGITAL TECHNOLOGY
After Innovation of digital technology process of every
business has become very convenient and easy going as
modern world is habitual of adapting changing
environment and using various technologies for better
work performance.
Recording data, measuring performance of employees,
measuring quality and quantity of products has become
easy

COMPARISON BETWEEN BEFORE/AFTER
Productivity and performance of every business has
increased after innovation of new technologies.
Digital marketing has increased market and created new
opportunities it has also motivated small scale business
to come up with new ideas in less capital with the help
of e-commerce platform.
Competition has increased due to vast market area and
due to more and more entries of business

CONCLUSION
From the study it can be concluded that digital business
and new technology has become essential part of every
business's success and with the help of new technologies
desired performance can be achieved.

CONCLUSION Continue
Recommendations
More flexibility and more convenient methods
of doing work need to be found with the help
of technologies as digital business serves
every possible advantage to business it also
helps the customers to find products as per
their requirement which base of success of
every organization n this competitive world.

REFERENCES
 Corallo, A., Passiante, G. and Prencipe, A. eds., 2007. The digital business ecosystem.
Edward Elgar Publishing.
 Mithas, S. and Lucas, H.C., 2010. What is your digital business strategy?. IT professional.
12(6). pp.4-6.
 Senyo, P. K., Liu, K. and Effah, J., 2019. Digital business ecosystem: Literature review and a
framework for future research. International Journal of Information Management. 47. pp.
52-64.
 Sousa, M. J. and Rocha, Á., 2019. Skills for disruptive digital business. Journal of Business
Research. 94. pp. 257-263.
 Xu, Y. and Koivumäki, T., 2019. Digital business model effectuation: An agile
approach. Computers in Human Behavior. 95. pp. 307-314.