BUS301: The Impact of Digital Technology on Business Activity

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This report, titled "The Impact of Digital Technology on Business Activity," examines the influence of digital technology on business operations, particularly focusing on Talon Outdoor, a small media services company. The report is structured into three main parts: a project management plan outlining aims, objectives, cost, risk, scope, resources, and quality; a work breakdown structure (WBS) and Gantt chart detailing the project timeline; and a small-scale research component. The research utilizes both qualitative and quantitative methods, including questionnaires, to gather data on Talon Outdoor's use of digital technology, including its website features, ICT infrastructure, and data protection measures. The report analyzes the collected data, presents findings through frequency tables and interpretations, and concludes with recommendations for enhancing Talon Outdoor's business performance through digital technology implementation. The project aims to identify the importance of digital technology in small businesses, analyze factors driving growth, determine the relationship between digital technology and Talon Outdoor's growth, and recommend strategies for improvement.
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Managing a Successful
Business Project
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Table of Contents
Title: The Impact of Digital Technology on Business Activity.......................................................1
PART 1 PROJECT MANAGEMENT PLAN.................................................................................1
P1 Aims and objectives...............................................................................................................1
P2 Project management plan with includes different elements..................................................2
P3 WBS and Gantt chart with time frame...................................................................................3
PART 2............................................................................................................................................5
P4 Small scale research...............................................................................................................5
PART 3..........................................................................................................................................13
P5 Research and data with tools and techniques.......................................................................13
P6 Recommendation with data analysis and meaningful conclusion ......................................15
P7 Reflection.............................................................................................................................15
REFERENCES..............................................................................................................................17
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Title: The Impact of Digital Technology on Business Activity.
PART 1 PROJECT MANAGEMENT PLAN
P1 Aims and objectives
Background of research
Digital technology play very important role in respect to meet with goals. In this context,
new tools and techniques are implemented that helps to develop work performance of the
company to create more profits and revenue (Vigdor, Ladd and Martinez, 2014). Different
activities are also designed with important functions and operations. It is the best way to enhance
internet platform at workplace and perform different activities. It also determines competitive
advantages and increasing business efficiency and outcomes in systematic manner.
With this regard, present report selected Talon outdoor which is small sector business and
they provide media services. Furthermore, they are implementing advance technology to deliver
creative services at workplace (Koc-Michalska, Lilleker and Vedel, 2016). As results, there are
different activities of digital technology implemented to make smooth functioning at workplace.
Aim and objectives
Aim: “ To analysis impact of digital technology on small business performance - A Case Study
on Talon outdoor.”
Objectives
To identify importance of digital technology in small business.
To analysis factors that create high growth of small business in UK.
To identify relationship between digital technology and growth of Talon Outdoor. To recommends ways through the selected business can increasing their performance.
Research questions
What are the importance of digital technology in small business?
What are the factors that create high growth of small business in UK?
How digital technology and growth of Talon outdoor are related with each other?
What are the ways will you recommend in selected business to increase their positive
performance.
1
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P2 Project management plan with includes different elements
In respect to carry project management plan, the present study play different roles in the
activities. It helps to attain desired aims and objectives in systematic manner:
Cost: With this regard, aims and objectives will be accomplish with setting cost on it.
Around £690 requires in whole project to attain systematic results. Cost of each activity
will be attained with desired aims and objectives (Straker, Wrigley and Rosemann, 2015).
In this activity primary and secondary data will be collected in systematic manner. As
results, functions and operations are played according to cost.
Risk: In present study, there is high risk exist because of limited cost and time. It
increasing difficulties to researcher to gain useful information at workplace. In addition
to this, participants are not able to understand properly towards the desired results (Matt,
Hess and Benlian, 2015).
Scope: In respect to attain desired aims and objectives, growth and profitability will be
accomplish in systematic manner. In this aspect, revenue and profit will be develop to
target market and increase profits as well.
Resources: Effective research program also develop in the business that helps to attain
aims and objectives in systematic manner (Gibson, Ostashewski and Knight, 2015).
Primary and secondary information helps to attain desired results at workplace.
Quality: Quality maintenance also implemented that make creative results at workplace.
It helps to attain more profits and revenue with primary information. It is the best way to
attain fresh and first hand information towards aims and objectives.
2
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P3 WBS and Gantt chart with time frame
Illustration 1: Work Break Down structure
§
In the present work break down structure, there are several activities has been performed
under the project that helps to attain goals and objectives. There are several tasks has been
considered to perform functions and operations (Niehaves and Plattfaut, 2014). In addition to
this, Gantt chart includes different activities with time frame to attain desired results.
Task Name Duration Start Finish Predecessors
Research Project 02/12/18 Finish
Planning 02/14/18 Mon 2/19/18
Finding of the topic 2 days 02/16/18
Statements of problems 3 day 02/19/18 Mon 2/19/18 1
Time frame and
allocation of resources 1 days 02/20/18 Wed 2/21/18 2,3
Implementation 02/20/18 Tue 2/20/18 4,5
Literature review 4 days 02/24/18
Selection of correct
research methodologies 3 day 02/27/18 Wed 2/28/18 6,7
Data analysis and
interpretation 6 days 03/05/18 Thu 3/1/18 7,8
3
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Evaluation of results and
outcomes 3 days 03/08/18 Mon 3/12/18 8
Project closer 03/08/18 Mon 3/12/18
Giving conclusion and
recommendation 2 day 03/10/18 9,10
Results of documentation 2 day 03/10/18 Mon 3/12/18 10,11
Submission of report 1 day 03/11/18 Mon 3/12/18 11
Illustration 2: Gantt chart
In respect to carry the present Gantt chart, it can be stated that there are different
activities started on different time. Therefore, it is essential to complete it on time. It is the best
way to complete the whole project on time. Total 27 days are taken in the project that assists to
develop creative results at workplace of Talon. Furthermore, it makes creative results to gain
respondents participation in it (Roggeveen, Nordfält and Grewal, 2016).
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Illustration 3: Network planning
Network planning determines useful and essential participation of different activities on
time. In this context, some activities considered in which researcher has no option to lack.
Therefore, it is important to implement creative results with several activities (Robinson, Cotten
and Stern, 2015).
PART 2
P4 Small scale research
In respect to carry small scale research, there are different activities has been designed to
attain systematic results. Qualitative and quantitative information will be gather in research
methods to find relevant information in Talon Outdoor workplace. It is the best way to attain
desired aims and objectives with relevant information (Banks and Zeitlyn, 2015). Qualitative
information can also be gather with journals, magazines, etc. On the other hand, qualitative
research also based on the survey, graph, in which questionnaire has been prepared to collect
relevant information.
Questionnaire
Name:
Age:
5
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gender:
1. How the Talon outdoor indicate their connection with digital technology?
Mobile wireless
Satellite
Fixed wireless or portable Wi-Fi hotspot
Cable modem
All the above
2. Did the business have personal internet website?
Yes
No
3. From the above, which is the feature mainly Talon Outdoor offer at their website?
Online payment
Integration with social media
Media rich content
Online form for collecting customer information
None of the above
4. Dis the chosen business use any of the following information and communication
technology?
Enterprise resource planning software
Customer supplier relationship management software
Electronic data interchange
Company wide computer network
None of the above
5. Did the business using any of the following to make changes in business?
Greater information sharing
Greater integration with online and offline business activities
Data collection, storage and maintenance
Greater reliance on job rotation and multi tasking
No changes
6. Indicate ICT capital expenditure in business in past three years.
Computer hardware
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Off the self computer system
Network operating system and equipment
Customised computer software
7. How does business protect personal information which stored in electronic format?
Storing data offline
Limited access control
Protected by the third party
Other protection
8. How much do you agree with implementation of digital technology at workplace of chosen
business:
Yes
No
Can't say
9. How will you implement digital technology in business:
With advance technology
Social media
Other source
Theme 1 With the help of Satellite Talon outdoor indicate their connection with digital
technology
How the Talon outdoor indicate their
connection with digital technology? Frequency
Mobile wireless 1
Satellite 15
Fixed wireless or portable Wi-Fi hotspot 1
Cable modem 1
All the above 2
7
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Interpretation: In respect to carry the above graph, it can be stated that there are 15 respondents
stated that Satellite is the main connection which implemented at workplace to create innovation.
It is the useful perspective to attract new customers in it. Furthermore, there are 2 persons said
that different functions propounded by the company that all are very important to attain desired
results. Moreover, 1 person said that wireless mobile is the creative perspective that helps to
make innovation in the business environment. Remaining one person said that fixed wireless and
portable service is the main element that implemented at workplace.
Theme 2 The chosen business have their personal internet website
Did the business have personal internet
website? Frequency
Yes 14
8
1
15
1
12 Mobile wireless Satellite
Fixed wireless or
portable Wi-Fi
hotspot
Cable modem
All the above
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No 5
Cannot say 1
Interpretation: In respect to carry the above graph, it could be interpret that 14 respondents
stated that the enterprise has personal interest in website to make innovative results.
Furthermore, there are 5 respondents exist that stated that Talon has no interest in their website.
Remaining one person said that it cannot be interpret that company has interest or not.
Theme 3 Online form is the main feature of business which offer on their website
From the above, which is the feature mainly
Talon Outdoor offer at their website? Frequency
Online payment 2
Integration with social media 1
Media rich content 2
Online form for collecting customer information 14
None of the above 1
9
Yes No Cannot say
0
2
4
6
8
10
12
14
16 14
5
1
Frequency
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