Business Decision Making Report: Digital Technology and Business

This report examines business decision-making, focusing on the impact of digital technology on various sectors, including tourism and retail. The research employs primary and secondary methods to analyze consumer behavior, online versus offline business models, and the effectiveness of technologies. The report includes an investigation of the use of online platforms, the development of tourism, and the evolution of trade. It addresses the potential of online markets to replace offline businesses and offers suggestions for improving business practices, such as electronic fund transfers and customer relations. The study uses charts and graphs to present its findings and aims to address the challenges of technology in business and tourism. It provides insights into how businesses can adapt to digital advancements, and the importance of building customer trust.

In the early age, cultural aspects, learning languages and travelling challenges restricted (Capacci, Scorcu and Vici, 2015). In 14 century
Christopher Columbus sailed westward and vasco da gama cruised to country for earn money then business travel has been integral part of
tourism industry(Cave and Brown 2012). Early tourism started with Nomads who
travelled around the world in search of food and shelter. Main intension of this traveller is to gathered food and traded around the world and
gave rise to the barter system (Capacci, Scorcu and Vici, 2015). 1500 BC is marked as the era when the Europeans visited pyramids and thus
developed the tourism for pilgrimage. Early tourism started with Nomads who travelled around the world in search of food and shelter. Main
intension of this traveller is to gathered food and traded around the world and gave rise to the barter system (Capacci, Scorcu and Vici, 2015).
1500 BC is marked as the era when the Europeans visited pyramids and thus developed the tourism for pilgrimage.
BUSINESS DECISION MAKING
Multichannel shopping can be understood as a
marketing strategy through which companies can
offer its consumers with ample number of
opportunities through which they can buy products
or uses services according to their needs.
Findings
• Results which researcher got were positive
in nature
• Online websites are mostly taken under in
use by customers
Suggestions
• Improvisation of security like consumer
details and other things can aid organisation in
building up belief in customers.
• Electronic fund transfer should consist with
full certification.
Do innovation or digitalisation can affect high
street shops and mall's business?
Do you think that online market will take place of
offline business concern in upcoming future?
Objectives
• Utilisation of investigation
methodological analysis in context of impact of
digital technology on local shops and business.
• To identify perceptions of respondents in
regards to technologies and their effectiveness.
Research Methodologies
• Primary and secondary methods have
been taken under in use by investigator.
• To conduct an investigation to eliminate
literature gaps which arise at the time of taken
under in use of survey tool.
• Graphs and charts are being used in order
to interpret.
• Researcher has used random sampling
approach that can help in selecting respondents.
INTRODUCTION OBJECTIVES & RESEARCH
METHODOLOGY DATA INTERPRETATION