Impact of Digital Technology on Black Penny's Business Activities

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Added on  2020/10/22

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This project examines the impact of digital technology on the business operations of Black Penny, a UK-based restaurant. The study explores the implementation of digital technology across various business functions, including marketing, production, and human resources, to enhance efficiency and productivity. The research investigates the benefits and challenges of digital technology adoption, analyzing the impact on the restaurant's daily activities. The project includes a comprehensive literature review, a detailed methodology encompassing research philosophies, approaches, strategies, and data collection techniques, as well as the use of work breakdown structures and Gantt charts for project management. The project utilizes qualitative research methods, including questionnaires to gather primary data from the restaurant's management, interpreting the collected information to assess the overall impact of digital technology on the business's growth and development.
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MANAGING SUCCESSFUL
BUSINESS PROJECT
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TABLE OF CONTENTS
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INTRODUCTION
Digital technology assumes an imperative part in each association or business. It
fundamental for organisation to put successfully in present day and digital technology for
making due in the aggressive market or business condition. In setting to this, this examination
venture consider around the usage of advanced innovation by the Black Penny eatery for
upgrading adequacy and productivity in their everyday authoritative exercises (Zumitzavan and
Michie, 2015). The researcher will focus around different essential elements of an association,
for example, marketing, production, human asset and so forth which get impacted by advanced
technology. The examination will look at the perspectives of scientists, creators and logicians
with a viable writing survey concerning the effect of digital technology. The exploration will
focus around the effect of advanced innovation on business exercises of Black Penny, UK. The
advanced technology bolster an association or organizations to perform business tasks viably
and productively. The small , medium and vast association are actualizing digital technology in
their business exercises to enhance their execution, efficiency and benefit.
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LO 1
P1 Aim and Objective
Aim – The Aim of the examination venture is to "Analyse the effect of advanced innovation on
everyday business exercises of the Black Penny, UK"
Objective
To break down the effect of advanced innovation on day to day business exercises at Black
Penny
To assess the benefits of implementation of digital technology
To analyse the impact of digital technology on the business activities and functions of
Black Penny Restaurant
Research Questions
What is the centrality of advanced innovation and its suggestion?
How does Digital-innovation influence everyday exercises in Black Penny, UK?
What are the issues looked by Black Penny after executing digital technology?
Significance of Research
The examination will help the future specialist and academicians in enhancing their insight and
comprehension regarding the subject or theme of the exploration venture. It is fundamental to
comprehend the significance and impact of innovation which is developing and advancing step
by step in the business condition.
P2. Description about the cost, scope, time, quality, correspondence, hazard and asset
For accomplishing the determined goal to accomplish venture target and point, a researcher
required few assets, for example, time, HR, fund etc . For deliver venture services design, analyst
needs to cover different viewpoints which are examined beneath
Time- with a specific end goal to develop venture services design, analyst needs to focus around
the efficient era for achieve few exercises of undertaking. Due to the insufficient time it is
exceptionally hard to centre and achieve few exercises. For deal with all exercises of undertaking
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in effective manner, researcher has utilized Gantt diagram technique and work separate
structure.
Cost- It is used to develop the task services design, cost is another of the most critical angle and
asset by which all exercises and activity of research study can lead. Because of absence of fund,
it is likewise extremely troublesome for researcher to direct the examination and further method
of examination (Soni and Kodali, 2012).Finance required in different exercises, for example,
printing poll, review, transportation cost, and web use and so on. Hence, one might say that cost
is one of the critical viewpoints for build the venture services design.
Activity Price/cost
Conduct research 5000
Technical resources 12000
Data collection 1000
Human resource training 4500
Communication-In the present investigation, researcher will direct essential information
gathering under which researcher will set up an efficient poll about the effect of digital
technology on development and development of independent company endeavor and forward it
to all respondents with a specific end goal to send these surveys to all it is vital to lead
correspondence. In this angle, specialist will take individual email address for all respondents
and send them for essential information gathering. This is powerful route for direct essential
information gathering in the examination by which respondents can unreservedly satisfy the
survey with no biasness. Staff member and stakeholder can discuss the progress and issue in the
meeting. Project manager will conduct team meeting with all staff member and stakeholder so
that they can aware about the project objective and aim.
Extent of study-The present examination depends on the effect and part of the digital
technology on the private company undertaking. This investigation has immense degree since
this examination gives viable information and comprehension about the centrality of digital
technology (Saunders and Bezzina, 2015).
Asset For construct wander administrations outline, specialist required noteworthy three
resources that are time, reserve and human resource. These all advantages expect an amazingly
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noteworthy part in the investigation organizing in light of the fact that without these benefits,
analyst can meet the objective of study.
Quality control- In this perspective, it is basic for the scientist to manage the high bore of
examination consider. All information should critical to target and should be in high gauge
Risk management- There are various kinds of risk associated within the research. One major
risk is related to the plagiarism. All information which is included in this investigation should be
in own word. There are several kinds of risk such as staff risk, resources risk, communication
risk,, senior management risk etc.
Scope-The present examination depends on the effect and part of the advanced innovation on the
independent company undertaking. This examination has immense degree since this exploration
gives compelling information and comprehension about the essentialness of computerized
innovation. With help of this stage, firm can without much of a stretch upgrade development and
advancement of the business. With help of this stage, different useful zone of business, for
example, correspondence, stockpiling and change of correspondence, dissemination can
undoubtedly turn out to be quick and simple.
Resource-with a specific end goal to achieve the goal of research, specialist required a few sorts
of assets, for example, staff part, spending plan and resources. These all assets assumes an
extremely significant part in the examination arranging in light of the fact that without these
assets, researcher can meet the target of study. Because of deficient era, it is exceptionally hard
to center and achieve a few exercises. For deal with all exercises of task inside an adequate day
and age, specialist has utilized Gantt outline strategy and work separate structure. Fund required
in different exercises, for example, printing poll, study, transportation cost, web use and so forth.
In this manner, one might say that cost is one of the critical perspective for develop the venture
administration design.
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P3 Producing a work breakdown structure and a Gantt chart to provide timeframe and stages for
completion with references to organisation
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TASK 2
P4 Carry out a research methodology
In every business association, business decision is basic part through which firm can take
sound judgment by destroying amassed data and information. Association can take influencing
decision by examination of totaled data and elucidation. Research frameworks assist relationship
with taking the sensible decision about the examination. Arrangement of get-together the data
and segregating by then are named as research structure which is according to the running with
Research Philosophies-Research theory enables expert to dissect and ponder the primary
issue of the examination in a critical and capable way. There are two sorts of research methods
for information that is interpretvitism and positivism explore theory. While explore depends
upon the speculations, discovering then analyst can utilized interpretvitism get some information
about rationalities (Johnson and Christensen, 2010). Then again if in the examination,
investigator set some goal to address the point then scientist can utilize positivism approach
about procedures for information. In the running with examination, examiner can utilize
interpretvitism get some information about reasoning through which honest to goodness
legitimization can address. This method of reasoning depends upon the emotions and respect and
standard living space is the real key of this justification in this examination meander. In this
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examination, subjective procedure of research has been done in that limit as the confirmation of
interpretvitism was viable and sensible. In the ebb and flow report scientist have utilized
positivism investigate logic keeping in mind the end goal to examine the effect of advanced
innovation on the business exercises and execution inside Black Penny eatery.
Research approach-Research approach is another principal bit of the examination through
which researcher can ask about the examination issue by utilization of speculation or by testing
of a hypothesis. In this way, there are two sort of research approach that is inductive and
deductive approach (Khalid, 2009). Right when the virtuoso structures separate request with the
inspiration driving accomplishing research point then inductive research approach takes into the
idea. On the other hand if in the examination there is vicinity of theory then deductive research
can be used. In the running with examination, commentator can use inductive research approach
in light of the way that the entire research has in setting of the examination question and there is
sensible structure is made by the pro to find the outcomes. In the running with examination,
inductive research approach gives a fitting results and development the high ground and
practicality.
Research Strategy-This is another major urgent piece of the examination which gives an
unquestionable structure to address the target. With help of this examination plot, investigator
can outline the demand recalling the genuine goal to meet the goal of research. In this following
examination, expert can utilize specific format through which individuals can share into the
examination (Bilbao-Osorio, Dutta and Lanvin, 2013). For the most part it has three basic part
that is legitimate examination, perception, review. In the review procedure, overview can plan
and meeting can composed by the investigator .On the other present the important examination
outline, dept research can done by get-together and in the wisdom, master independent and watch
the view inspiration driving part or respondent. In this following examination, expert can utilize
the audit methodology under which there can set up a consider study and filled by the head of
charlottes road motel so as to see their view about the corporate social commitment.
Data Collection-This is the noteworthy essential bit of the examination through which
fundamental data or information about the point can amass by the commentator. All around,
there are true blue two sorts of research data hoarding that is fundamental and discretionary data
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gathering approach. In the basic data gathering, star can use outline, master, meeting of the
respondent with a particular ultimate objective to hoard the essential information. On the other
hand in the discretionary data gathering strategy, specialist can use books, journals, articles,
objectives, web remembering a complete focus to get and accumulate the information about the
point.
Research Techniques- This is another major basic bit of the investigation through which
analyst would examination have the capacity to of the aggregated information. Consequent to
social occasion the data, inspector requires assessing and separating the gather information so as
quality decision and judgment can take by specialist (Borghoff and Pareschi,2013). There are
huge two sort of data examination procedure that is quantitative and subjective. In the subjective
research technique, the analyst can use logical examination under which outlines and graphs can
joins. On the other hand in the quantitative methods SPSS and t test based examination included.
Sampling to assemble the basic data, specialist can use unpredictable testing system.
Along these lines, test measure for the examination has 20 managers of referred to meander.
TASK 3
P5. Interpretation of information by use of techniques
In order to collect primary information, researcher has used qualitative techniques and primary
data collection method.
For collect primary information, scholar have designed systematic questionnaire which are as
follows-
Is digital technology aid in improving the growth of business?
Yes
No
Maybe
Is company implement digital technology in its business activities and functions?
Strongly satisfied
Satisfied
Dissatisfied
Strongly dissatisfied
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In which segment in the business, digital technology implemented.
Operational unit
Management
Customer service
In complete organisation
In which criteria, this technology used within Black Penny restaurant?
1. Social media
2. laptops
3. Other advance technology
Which kind of issue face by Black Penny restaurant at the time of implement digital
technology?
1. Effectiveness and quality
2. Services
3. Price
Theme 1- Digital technology aid in improving the growth of business
Digital technology aid in improving the growth of business Frequency
Yes 15
No 2
May be 3
Interpretation-this inquiry has been asked to 20 representatives among which lion's share of
specialists trust that digital technology can help business element in accomplishing the objectives
and targets. It has been assessed that digital technology helps to company in bring innovation
and growth within company.It has been dissected that exclusive three people were there the
individuals who expressed that the innovation could possibly bolster firm. As it has been viewed
as that those individuals does not have much learning about digital technology as they have a
place with other utilitarian office.
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