Report: Analyzing Digital Technology's Impact on Business Activity

This report investigates the impact of digital technology on business activity, focusing on Walmart as a case study. It begins with project aims, objectives, and timeframes, followed by an analysis of research methodologies, including qualitative and quantitative approaches, data collection, and analysis techniques. The report presents a project logbook detailing weekly progress and risk management. It then analyzes research findings, provides recommendations, and reflects on the project's value for sustainable organizational performance. The report covers scope, success criteria, resource management, and communication planning, offering a comprehensive overview of digital technology's influence on the retail industry and business operations. The project also includes a work breakdown structure and Gantt chart for effective project management. The report concludes with an overview of the research methodology used, including data sampling, and ethical considerations.

The Impact of Digital Technology on
Business Activity
1

Table of Contents
Introduction................................................................................................................................3
Part 1:.........................................................................................................................................4
Establish project aims, objectives and timeframes based on the chosen theme (P1, P2, P3,
M1).............................................................................................................................................4
Part 2:.......................................................................................................................................12
P4. Carry out small-scale research by applying qualitative and quantitative research methods
appropriate for meeting project aims and objectives...............................................................12
Project logbook:.......................................................................................................................15
Part 3:.......................................................................................................................................20
P5 – Analyse research and data using appropriate tools and techniques for the chosen project
..................................................................................................................................................20
P6 Communicate appropriate recommendations as a result of research and data analysis to
draw valid and meaningful conclusions...................................................................................31
P7 Reflect on the value of conducting the project and its usefulness to support sustainable
organisational performance......................................................................................................32
Conclusions..............................................................................................................................34
References:...............................................................................................................................35
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Introduction
Walmart is an American multinational brand based on retail corporations. It is earlier known
as Wal-Mart Stores, Inc. This company was founded in the year 1962. Walmart has 11,718
stores and in 28 nations, operating under various names. The due rise in the evolution in the
field of digital science the retailing business has grown to its peak due to the high demand of
comfort facilities desired by the customers. The evolution of the marketing in recent era is
based on the assistance and the utilization in Digital planet.
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Part 1:
Establish project aims, objectives and timeframes based on the chosen theme (P1, P2,
P3, M1)
Aim of the Project
This project consists of numerous parts that required to be executed within given period. Here
the Wallmart has been used as an example to understand the Advancements and effects of
digital technology in retail industries and also to identify the impacts of digital progress.
The objective of the project
1) Finding the impact of web and advanced innovation in the business for improvement
reason
2) Managers need to manage the online business method
3) Enlist the digitalisation's effect which can actuate the administration unfit showing works
out.
4) Researchers should give appropriate suggestion to redesign the methodology of business.
Management of Project
Here Wallmart brand has been considered as an example to study and discuss. Here a basic
design of the good cost management and time management are measured in this bellow:
Conducting any types
of activities for the
conduction of the
project
Minimum numbers
of hours required to
conduct for project
executions
Minimum numbers
of capital needed to
process all the task
for project
execution(in
Summation of the
amounts of the given
funds to conduct for
project execution
4

pound/hour)
Data collection
method from the
various reference to
primary data
40 35 950
Expenses needed for
many stationers for
the allocation of
basic origins of
information
35 50 830
Performing the
investigating of the
data, which is being
gathered from
various origins
30 25 550
Preparation of final
records
45 20 650
Summation 2980
This is order conduction for managing the investigation is primarily unaltered and re-analysis
the total method is very important for the project. Walmart is considered as an example.
Scope
The scope of this project is greater due the evolution of the electronic and web technology
affected the marketing in a huge manner and this project is created to know the basic impacts
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of the digital science technology, the grade of the working helps with receiving striking bit of
memorizing the due time, gets cut-off points and grades that executes basic information to
execute the pledge effectively. The retail service provided by the Wallmart brand is in a
progressive mood. It is based on food products worldwide. Therefore there are included and
excluded scopes which reflect the ranges and limitations. The included scope gives
information of getting ordered results within given time and assisting the effects of
digitalization. Excluded scope means it does not contains the verifications of the risk and
problems and executing the digitalization (Conklin, 2017).
Success criteria
Wallmart is food-based brand it gains huge reputation and progress based on its signature
verification that the brand has large purchaser base and already facilitated and business in
ordered tracks. There are many origins of chaos and problems which can be solved up by
setting proper digital assistance in advantageous ways (Kerzner, 2018).
Resources
Wallmart brand executes its raw materials and products in a very significant way to the
success of the business. The required materials have been portrayed in the above discussions,
and also human involvement is also very important project such as organizers, managers and
chaos checkers.
Communication planning
Communication
purpose
Beings who
are included in
the process of
interactions
Frequency of
communication
Discussion of
the
development
plan
A being is
based on
research
6

Total complete
project
Rising grade
order
Verbal means
communications
and
involvements are
the main
transmission
methods
Investigator
Quantitative
allocation of data
The workforce
of streaks and
Wallmart
At every tip, the
execution
required the
ordered
information to
meet the needs
and it will
execute the
ordered data to
meet the needs
and it will
execute the
activities
properly and will
attain the goal
confidentially
survey Every member
of the group
Identification
and fixing the
The full team or
group is
On the basis of
regular planning
Planning is
normal close
The total or
whole group or
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problems performing by
proper project
implication
allocating with
the partners will
verify or identify
the problems. It
will fix the
issues in a
strategic steps
team of the
project
Issues solving plan
Number Types of
problem
Probability
of transpire
Effects of
probability
Effects of
problems
Strategy for
identification
of isses
1 Having lack
of knowledge
medium medium Insufficient
amount of
data
Providing
sequenced
ordered
training to
group or team
before or pre-
research
2 Constructing
and
managing
time to
execute the
high high The obstacle
in the
yielding of
the report or
document
Proper
division and
spreading of
the given
activities
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project among all
people of the
team
3 A hectic
sequence of
respondents
medium high Equitable
information
A collection
answers and
information
through web
and digital
services.
Work break down the structure
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Fig 2: Work breakdown structure
Source: Created by author
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Gantt chart
Different tasks 1st week 2nd week 3rd week 4th week 5th week
Selection of Examination Topic
Developing of goals, aims and
plans
Filtration n up of appropriate
plan
Determination of information
and sample answers for project
Evolution and sequencing of
test
Accumulation of feedbacks of
clients
Interviewing of members of
wall mart
Information analysis
Final record preparation
Delivery of the executed project
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Part 2:
P4. Carry out small-scale research by applying qualitative and quantitative research
methods appropriate for meeting project aims and objectives.
Research methodology:
Introduction:
Research methodology is the precise procedures used to identify, select the correct
information and analyze it. Research methodology allows the researchers to calculate the
research’s overall reliability and validity decisively. Or we can Research methodology is a
systematic way to solve a problem and all the terms or procedures that are used to conduct
the research is also termed as a research methodology. Although thorough research
methodology sufficient knowledge can be gained.
Research philosophy:
Research philosophy the term deals with the development of knowledge and nature of the
knowledge, on the other hand, it is an idea that how essential data regards to the research will
be collected, analysed and should be used to conduct the research. It also discusses about
other philosophies, expand the research strategy and utilise the research tools in various
methods to achieve the goal and create new beliefs and assumptions There are four types of
research philosophies – 1) Pragmatism 2) Positivism 3) Realism 4) Interpretive
Mainly two major research philosophies are adopted in the Western tradition; they are mainly
Positivist and interpretive.
Research method:
Research methods are the tools or the techniques to conducting the research. As with all
activities, the methods used reflect the research quality. There are mainly three types of
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