Impact of Digital Technology on Small Business: Black Penny Restaurant

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This report examines the influence of digital technology on the growth and innovation of small businesses, with a specific focus on the Black Penny restaurant in the UK. The research project encompasses several key areas, including constructing research aims and objectives, designing a project management plan covering cost, scope, quality, and communication, developing a work breakdown structure and Gantt chart, conducting small-scale research using qualitative and quantitative methods, analyzing collected data with appropriate tools, and providing recommendations based on the findings. The study explores the meaning and concept of digital technology, its role in fostering innovation, and its relationship with business growth. The methodology includes deductive research approach, descriptive research design, primary data collection through surveys, and qualitative research techniques with a sample of 20 employees. The report also addresses challenges in implementing digital technology and recommends strategies for enhancing growth and innovation within the restaurant. The report concludes with a reflection on the value of the research and its impact on the researcher's learning and performance.
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MANAGING SUCCESSFULLY
BUSINESS PROJECT
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Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1...........................................................................................................................................1
P1 Construct the aim and objective for the research study.........................................................1
P2 Design the project management plan that covers cost, scope, quality and communication
for the research project................................................................................................................2
P3 Construct the work break down structure and Gantt chart....................................................4
TASK 2............................................................................................................................................6
P4 Carry out small scale research by applying qualitative and quantitative research methods
for attain project aim and objective.............................................................................................6
TASK 3............................................................................................................................................8
P5 Analysis of the research and data using appropriate tools and technique for research project
.....................................................................................................................................................8
P6 Appropriate recommendation as a result of research and data analysis..............................13
TASK 4..........................................................................................................................................14
P7 Reflect on the value of undertaking the research to meet stated objective and own learning
and performance........................................................................................................................14
REFERENCES..............................................................................................................................15
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INTRODUCTION
Technology plays a very essential role in the present time as everyone either human being
or an organisation are directly and indirectly connected with technology. In the business context,
technology have huge significance by which firm can improve business activities and functions.
In today's time, there are various kinds of digital technologies used by the corporation in
surviving its business operation and gain effective profitability and productivity. Various
activities within the company require digital technology such as administration, communication,
storage, distribution, production etc (Aaker, 2011). The aim of present research project is to
analyse the influence of digital technology on the small business growth and innovation.
Researcher desires to determine the impact of digital technology on the small business growth
and innovation. Furthermore, the ways in which these small business enterprises are taking
advantage of implementing digital platform into operations are also covered under the study.
Thus, for attaining this objective, scholar has focused on various approaches and methods of
research methodologies. Black Penny restaurant has been selected for this research study which
is a small business enterprise in the UK.
TASK 1
P1 Construct the aim and objective for the research study
In order to survive and sustain in the competitive business environment, firm is required
to adopt such impressive tools and strategy which gives effective success and growth to the
business. In this manner, digital platform is one of the significant channels which can boost up
the performance of company. Apart from that, by implementing digital technology in the
business operation, company can also save its additional cost and expenditure. Firm can create
the digital business operation by use of various sources such as internet, laptop, computers,
mobile phone, smart phones etc. With assistance of using these platform of digital technology,
company can bring the innovation because procedure of business can become easy as well as fast
as compared to the traditional system. The major aim of the present study is to determine the
implication of digital technology in the business operation for growth and innovation with
respect of Black Penny restaurant in the UK.
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Aim of the Research
To determine the impact of digital technology for enhancing growth and innovation within the
small business enterprise: A case study of Black Penny restaurant UK
Objective of the research
To understand digital technology meaning and concept
To explore the role of digital technology in bringing innovation in the small business enterprise
To interpret the relationship between digital technology and growth of small business enterprise
To recommend the strategy through innovation and growth of business can enhance
Research Questions
What is the meaning of digital technology?
What are significance of digital technology in improving growth and innovation in the small
business enterprise
How digital technology can assist to small business enterprise in improving its success and
growth?
P2 Design the project management plan that covers cost, scope, quality and communication for
the research project
In the present research study, researcher has to focus on several aspects such as cost, scope,
communication, quality resources etc. Detail description of these resources are as follows- Cost- Cost is one of the most significant aspect in the entire investigation because due to
lack of finance, it is impossible to conduct the research activities. In various activities of
investigation, it requires cost such as transportation, printing and stationery, internet cost
etc. Scope of study- Digital technology is very huge aspect in the business context by which
company can bring innovation and growth in its operation (Khalid, 2009). With the help
of digital platform in the business, company can save the additional cost and expenditure
in the operation because it makes business operation easier and fastest. Thus, it can be
said that there is huge importance of digital technology in the small business enterprise
by which various functional areas like administration, communication, storage,
distribution, production etc. can be made easier and fastest. Time- Time is one of the significant aspect in the research investigation by which scholar
can conduct each activity in an appropriate manner. Due to short period, sometimes,
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investigator has to face issues. In order to manage the time for research and conduct each
activity in fixed time period, researcher has used Gantt chart method and work break
down structure by which each research activity can be conducted according to specific
time period. Communication- In order to conduct the research study, scholar has applied primary data
collection so, it is very important to communicate to respondents about questionnaires.
Researcher has taken personal email addresses of respondents and sent questionnaire to
all of them (Johnson and Christensen, 2010). This is the best strategy to collect
information in primary data collection method as respondents can freely share their views
without any biasness. Resources- In order to conduct investigation, researcher required major two resources
that is finance and human resource. In various activities of the research study such as
printing questionnaire, internet cost, transportation etc required sufficient amount of fund.
On the other hand, in order to conduct investigation, human resources also required by
the investigator. Quality control- Quality is another significant concern in the research study as researcher
has to manage the quality of information which is included in the research. In addition to
this, all information included in the research should be in high quality.
Risk management- In the research study, risk can occur related to plagiarism. There are
various secondary sources such as books, journals, articles etc. from which information
has been collected. Thus, it is very important for scholar to overcome the risk of
plagiarism.
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P3 Construct the work break down structure and Gantt chart
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TASK 2
P4 Carry out small scale research by applying qualitative and quantitative research methods for
attain project aim and objective
In the entire research study, research methodology is one of the most significant aspect
by which researcher can address the right solution of research problem. In simple words, it can
be said that research methodology is a procedure for collecting, analysing, interpreting the
information of subject for obtaining right solution of research problem. It is a plan for conducting
research about subject (Bulgurcu, Cavusoglu and Benbasat, 2010). Research methodology
includes various methods such as philosophies, approach, data collection, data analysis,
sampling, research design etc. For determining the impact of digital technology for enhancing
growth and innovation within the small business enterprise, researcher has applied various
techniques of research methodology which are as follows- Research philosophies- In order to get detail knowledge and understanding about
research objective and subject, research philosophies is one of essential aspect. It aids to
individual to conduct detail understanding about objective (Borghoff and Pareschi, 2013).
Major two kind of philosophies such as interpritivism and positivism. For investigator the
implication of digital technology in bringing innovation and growth of business, scholar
has applied positivism philosophies of research by which effective data can obtain about
subject. Research approach- Research approach is referred as a tool with which particular set of
investigation is being conducted with the aim to attain required result. The major reason
for applying research approach is that scholar might not get distracted from aim of
research (Bilbao-Osorio, Dutta and Lanvin, 2013). Inductive and deductive, major two
kinds of research approach. In this present study, researcher has applied deductive
approach for determine the impact of digital technology for enhancing growth and
innovation within the small business enterprise. Research Design- Research design is a kind of tactic and strategy for addressing
appropriate solution of research study (Abdillah, 2014). It is regarded as a blue print that
enables in collecting, analysing and measuring the information. There are various kinds
of research design such as descriptive, exploratory, explanatory etc. In this present study,
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descriptive research design has been applied for determine the impact of digital
technology for enhancing growth and innovation within the small business enterprise. Data collection-In the investigation, in the absence of data collection no scholar can
address the right outcome at the right time. It is very important for scholar to collect
information about subject (Edward, 2000). There are major two kinds of data collection
method that is primary and secondary data collection. In the primary data collection,
information can collect from primary sources such as survey, interview, questionnaire,
observation etc. On the other hand in the secondary data collection scholar can collect
data from secondary sources such as books, journal, online articles, blogs etc. In the
current study for determine the impact of digital technology for enhancing growth and
innovation within the small business enterprise, researcher has applied primary data
collection under which scholar has conducted survey for employees of Black Penny
restaurant in UK. Research technique- Research technique is another one of the crucial part of research
methodology which assist in collecting, analysing, investigating and interpreting
information. Major two kind of research technique that is qualitative and quantitative.
Qualitative research technique is exploratory type of research which develops
understanding on the individuals (Smith and Lewis, 2011). On the other hand,
quantitative research technique is conclusive type of research that used for generate
numerical data. In the present study, researcher has applied qualitative research technique
for determine the impact of digital technology for enhancing growth and innovation
within the small business enterprise.
Sampling- Sampling is another one of the most important technique in the research
methodology which assist to researcher in addressing effective outcome. With assistance
of this technique researcher can select some number of people from the entire population
(Zumitzavan and Michie, 2015). In this research study, scholar has applied random
sampling method under which scholar has selected 20 employees of the Black penny
restaurant for collecting information.
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TASK 3
P5 Analysis of the research and data using appropriate tools and technique for research project
1 How long have you been working at Black Penny restaurant UK?
0-5 years
5-10 years
More than 10 years
2 Do you agree digital technology has changed the working criteria within the resurgent?
Strongly agree
Agree
Disagree
Strongly disagree
3 What are the different kinds of technology used by the Black Penny restaurant?
Mobile phone
Social media
Laptops
Wifi
4 Do you think digital technology can bring the innovation within the Black penny restaurant?
Yes
No
5 Which kind of challenges faced by cited venture at the time of implementation of digital
technology?
Cost related issue
Update related issue
Inadequate knowledge
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Other
6 How the Black Penny can bring innovation with use of digital technology?
7 In which department digital technology mostly used?
Finance
Marketing
Human resource
Operation
8 Which major use of digital technology in the Black Penny restaurant?
Production
Communications
Administration
Operation
9 Do you agree that digital technology can assist to enhancing the growth and innovation in the
Black Penny restaurant?
Strongly agree
Agree
Disagree
Strongly disagree
10 Recommend the way by which growth and innovation within the Black Penny restaurant can
enhance by help of digital technology
Theme 1: Employees working at Black Penny restaurant UK
How long have you been working at Black Penny restaurant
UK? Frequency
0-5 years 5
5-10 years 10
More than 10 years 5
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Interpretation and analysis: This section it has been analyses that the researcher have conducted
the survey from well experienced employees. In the survey mostly respondents are experienced
of 5 to 10 year. On the other hand 5 respondents have experience of 5 year within the Black
Penny restaurant. Thus, from this collected information it has been analyzed that most of the
respondents have well experienced within the cited venture thus they have great knowledge
about the working and impact of digital technology.
Theme 2: Digital technology has changed the working criteria within the resurgent
Do you agree digital technology has changed the working criteria
within the resurgent? Frequency
Strongly agree 12
Agree 6
Disagree 1
Strongly disagree 1
Interpretation and analysis: From this section it has been analyzed that digital technology has
changed the working criteria within the restaurant. In the survey of 20 respondents, 12 are
strongly agreed by the statement that digital technology has changed the working criteria within
the resurgent. On the other hand 1 are strongly disagreed by this statement. Thus, from the
collected information it has been analyzed that there is a huge importance of digital technology
within the Black Penny restaurant. Working criteria within cited venture can improve by help of
digital technology platform. Furthermore, company can easily enhance the speed of business
operation and save the cost of business by help of digital technology.
Theme 3: Technology used by the Black Penny restaurant
What are the different kinds of technology used by the Black
Penny restaurant? Frequency
Mobile phone 4
Social media 8
Laptops 4
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