BTEC HNC Business Project: Impact of Technology on Business

Verified

Added on  2023/03/20

|15
|577
|72
Project
AI Summary
This project, titled "The Impact of Technology on Business Activities", analyzes how digital technology has transformed business operations. It includes an introduction, data interpretation, recommendations, and a conclusion. The data interpretation section presents findings on the positive influence of digital technologies, their support for various departments like HR and marketing, long-term benefits, and their role in driving growth and innovation. The project also addresses limitations such as cybercrime risks. The recommendation section emphasizes the importance of digital technologies for small businesses. The conclusion summarizes that digitalization supports small businesses in competing in the market, providing opportunities for innovation and improving performance. References from various sources are included to support the findings.
Document Page
Managing A Successful Business
Project
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Table of Content
Introduction
Data Interpretation
Recommendation
Conclusion
Document Page
Introduction
Digital technology has modification the ways a business
organisation conduct their operations. In the recent market,
activities of business has been drastically transformed and
traditional models of business. This has supported an organisation
with wealth of opportunities to develop and evolve within the
market. This has influenced numerous business activities such as
communication, management, production, distribution and
storage leading to enhanced diverse portfolio of products
Document Page
Data Interpretation
Theme 1: Digital technologies influence business positively
a) Negative b) positive
0
2
4
6
8
10
12
14
16
5
15
Frequency
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Continue...
Theme 2: Digitalisation support HR, marketing, accounting etc.
Human resource department Production department Accounting
0
2
4
6
8
10
12
5
10
5
Column G
Document Page
Continue...
Theme 3: Digitalisation cater long term benefits
Yes No
0
2
4
6
8
10
12
14
16
15
5
Column G
Document Page
Continue..
Theme 4: Digital technology support growth & innovation
a) Yes b) No
0
2
4
6
8
10
12
12
8
Series1
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Continue...
Theme 5: Digitalisation has carried out revolutionary changes in
business
a) Yes b) No
0
2
4
6
8
10
12
14
14
6 Series1
Document Page
Continue...
Theme 6: Digitalisation contains certain limitations
a) Risk of data hacking and leveraging
b) Cyber crime
0 2 4 6 8 10 12
12
8
Series1
a) Risk of data hacking and leveraging
b) Cyber crime
0 2 4 6 8 10 12
12
8
Series1
Document Page
Continue..
Theme 7: Business has been supported by digitalisation
10
5
5
a) Positive
b) Negative
c) Neutral
10
5
5
a) Positive
b) Negative
c) Neutral
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Continue...
Theme 8: Digital technologies keep varying
a) Artificial Intelligence b) Cloud technology
0
1
2
3
4
5
6
7
8
9
10
10 10
Series1
Document Page
Recommendation
Digital technologies has carried out various changes that has
drastically altered the way of working and functioning business
activities. Employee has evaluated several ways by which
organisation can achieve their target. As ENGEO has been
working from decades in the industry which still is considered as
small business organisations.
chevron_up_icon
1 out of 15
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]