Assessing Technological Impact on Car Dealership Productivity

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Added on 2024/07/22

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This report examines the impact of technology on a car dealership business, focusing on the benefits of Microsoft Office (Word, Excel, PowerPoint) and advancements in automated software, business communication, and Big Data. It assesses how these technologies enhance productivity, improve managerial capabilities, and streamline operations. While acknowledging the advantages, the report also addresses the challenges of implementation, such as training requirements and the cost-intensive nature of certain technologies. The conclusion emphasizes the importance of strategic technology adoption, recommending businesses to develop necessary skills in human resources and carefully evaluate advancements to maximize their effectiveness in business functions. Desklib provides access to similar reports and solved assignments for students.

Introduction to Computer Skills
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Table of Contents
Introduction......................................................................................................................................3
Task 1...............................................................................................................................................3
Task 2...............................................................................................................................................3
The Benefits of Microsoft Office to Business Productivity........................................................3
Microsoft Word....................................................................................................................... 3
Microsoft Excel....................................................................................................................... 3
Microsoft PowerPoint.............................................................................................................. 3
Technological Advancements......................................................................................................4
Technological Advancement of Automated Software.............................................................4
Technological Advancement in Business Communication.....................................................4
Technological Advancement of Big Data................................................................................4
Implementation........................................................................................................................ 4
Conclusion....................................................................................................................................... 5
References........................................................................................................................................6
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Introduction
The report pertains to the identification of technological benefits and accountings pertaining to a
car dealership business.
Task 1
This section of the report will calculate the monthly sales of employees and will also calculate
the total sales per month. It will implement formulas to accumulate the total sales per month per
employee. It will further add a markup of 30% to examine the initial cost per month.
Task 2
The Benefits of Microsoft Office to Business Productivity
The section of the report will demonstrate the advantages accrued in the car dealership business
through the introduction of MS Office. Technology will increase the productivity and will also
increase the managerial capacity to effectively manage the operations and activities. Microsoft
Office includes for Microsoft Word, Excel and PowerPoint.
Microsoft Word
Microsoft Word will enable to draft reports and statements in a structured manner and will
provide opportunities to store the data related client base or requirements.
Microsoft Excel
Microsoft Excel, on the other hand, will provide with opportunities to maintain the spreadsheet
that will depict a proper recording related to employee database, sales, and client database such
as contact information, addresses, and E-mail IDs etc.(Appelbaum, et. al., 2017).
Microsoft PowerPoint
Microsoft PowerPointwill aid the management to provide with attractive and effective
presentations in the meetings to impart business related information and details to the client,
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suppliers and intermediaries.MS Office will create an environment that fosters lesser human
error and faster accomplishment of objectives.
Technological Advancements
Further, the technological advancements in the Motor Industry have shaped the operations and
functions majorly.
Technological Advancement of Automated Software
The technological advancement of automated software enables to record, evaluate and depict
understanding of the financial records in an effective manner. Accounting software aids in
developing reports and conclusions from the accounting data and records. This saves up the time
required by the employees to develop reports and journals.
Technological Advancement in Business Communication
Further, the technological advancement in business communication has accelerated the pace to
satisfy the business clients and consumers (Appelbaum, et. al., 2017). Various online portals and
web system applications are available to execute faster communication and develop effective
networks to increases the circles.
Technological Advancement of Big Data
Further, the technological advancement of Big Data has provided with effective and automates
communication in the vehicles. Big Data fosters to analyse and evaluate the data according to the
specific requirements and guidelines.
Implementation
The technological advancements and development has helped to increase productivity and
managerial skills but also entails certain risks and demerits which restrict the application in
various business organisations. For example, the application of MS office in business functions
and processes requires for training and learning for the employees to perform the desired
objectives (Newland, 2017). The technological advancements of accounting software and Big
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Data are identified as cost-intensive applications. The constraint of limited or insufficient
financial resources leads in restriction of these advances in some underprivileged organisations.
Conclusion
It is thus informed and evaluated from the above discussions and observations that technological
advancements and functions may prosper the business productivity and efficiency but
simultaneously provides with diversified problems for the business functions. It is identified that
application of technological advancements is the need of the hour in this contemporary business
environment. It is recommended that business must develop the required sets of skills and
abilities in the human resources to facilitate the application of these technological developments.
It is also suggested to evaluate the most effective and integrated advancements with the nature of
the business and then deploy the likes of the same in order to maximise the same in the business
functions and processes.
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References
 Appelbaum, D., Kogan, A., Vasarhelyi, M. and Yan, Z., 2017. Impact of business
analytics and enterprise systems on managerial accounting. International Journal of
Accounting Information Systems, 25, pp.29-44.
 Newland. M., 2017. 7 Ways Tech Is Improving Our Productivity At Work. [Online].
Forbes. Available at: https://www.forbes.com/sites/mnewlands/2017/11/29/8-ways-tech-
is-improving-our-productivity-at-work/#5d2f75b018a2. [Accessed: 18th August, 2018].
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