Impact of Technology on Business Activity: A Digivate Ltd Report

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This report presents a comprehensive analysis of the impact of technology on business activities, using Digivate Ltd, an e-commerce website design and promotion company, as a case study. The report begins with an introduction outlining the aims and objectives, focusing on how digital technology influences business functions like operations, HR, marketing, and accounting. It then details the project management plan, including cost, scope, time, quality, communication, risk, and resources. The report further includes a work breakdown structure and Gantt chart to visualize the project's components and timeline. The research methodology section discusses qualitative and quantitative research methods employed to gather data. Qualitative methods include interviews and surveys, while quantitative methods focus on numerical data analysis. The analysis section then uses various tools and techniques to interpret the research findings, followed by recommendations based on the analysis. Finally, the report concludes with a reflection on the findings and their implications, along with a list of references.
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MANAGING A
SUCCESSFUL BUSINESS
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Table of Contents
Title: “ To determine the impact of technology on business activity”............................................1
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Research aims and objectives................................................................................................1
P2 Project management plan.......................................................................................................2
P3 Work Breakdown Structure and Gantt Chart.........................................................................4
TASK 2............................................................................................................................................6
P4 Conduct research through application of qualitative and quantitative methods....................6
TASK 3............................................................................................................................................9
P5 Analysis of research through application of different tools and techniques..........................9
P6 Recommendation.................................................................................................................15
TASK 4 .........................................................................................................................................16
P7 Reflection.............................................................................................................................16
CONCLUSION..............................................................................................................................16
REFERENCES .............................................................................................................................18
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Title: “ To determine the impact of technology on business activity”. A case study of Digivate
Ltd
INTRODUCTION
In today's world scenario the digital technology is having an effective impact on the
business. Although the advanced technology does help in enhancing the profit and also upgrade
the entity in competitive market. It is that which also help in connecting the several more
enterprises with the real world in order to have an perfect working. Even though digital
technology also aid to have many more opportunity and frames which make them to work in
proper direction for firm (Fitzgerald, M., and et. al., 2014). Report is based on Digivate Ltd
which provide services like design, build and promote the e-commerce websites. The founder of
company is Will Gotley who brings out various strategies and decision which help them to use
technology in great manner. The organisation is using technology for their various department
like operating, HR, marketing and accounting too. Assignment is that which will include aims
and objectives of Divigate Ltd, project management plan, structure of work break down with
Gantt chart. Apart from all such it will also include methods of research and analysis is also done
with recommendation and self reflection.
TASK 1
P1 Research aims and objectives.
Digital technology is such which help organisation to grab the opportunity so that desire
goals and growth can be attained and in great manner. Even the Divigate company can
understand the various advantage of digitalisation in the technique of operation in easier way.
Moreover, marketing, accounting, HR and operational division going to use the technology in
proper manner and with this they can earn higher profit as well (Cavusgil, et. al., 2014). This can
also help in boosting values and managed data with associate in effective manner.
Background of project- Project is generally concentrate on the digital technology which
help organisation which result into desired goals and objectives in appropriate manner. With this
Divigate is company which able to earn higher profitability and success through the working
process. Digital technology will help firm to make proper strategy and decision with outer
concern and thus it also help them to promote and maintain the e-commerce websites in better
manner. This is such which also create the values for business organisation and thus flourish
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structure and at wished location in better way because this will make them to have an extra time
which is having costing from various techniques too.
Title: “Impact of technology on business activity”.
Objectives:- Moreover, various different kind of target and objective are there which uses the
digital technology in operation as-
To determine the impact of digitalisation on business activity and functions.
To analyse the importance of digital technology within an organisation
To identify the role of digitalisation for increasing sales volume and growth level
Research questions: Moreover, there are many kinds of question which arises while using the
technology in better manner in Divigate Ltd. There are several which as:
What is the impact of digitalisation on business activity and functions?
How to analyse the importance of digital technology within an organisation?
What is the role of digitalisation for increasing sales volume and growth level?
P2 Project management plan.
It's a management technique through which gathering of information is done which help
in achieving the firms goals and objectives for effective approaches which was more efficient
and suitable too. This technology was implemented and executed in Divigate Ltd that does help
in analysing the different scenario of market and even the technology is such through which they
can increase their productivity and performances in great manner. There are various components
which are discussed as:
Cost: For effective working in the Divigate Ltd digital technology is important and been
implemented in the whole organisation so that smooth functioning of work can be done and even
using such technology can hamper the working scenario because of cost (Dezdar and Ainin,
2011). Moreover, firm has the responsibility to choose the best technology which is somewhere
the cost effective and very much suitable in the organisation.
Scope: The digital technology in digital world has great scope and thus Divigate Ltd can
use the digital technology although this can help them to work in better manner and can provide
their services to their clients in right prospect too.
Time: The most precious thing in this world is time and thus with the help of technology
the Divigate Ltd can utilise their time in better way. Therefore the digital technology can help
them to address the millions of population in single time, with this time and cost both can be
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utilised in effective manner too. Be scheduling every task in right prospect can make them to
have a great working too. Therefore, schedule every work also make to utilise the time
management concept in well format and even they can manage different work at a single time.
Every work and task should be done in effective way and on time as well which make entity to
attain their target and aims.
Quality: Company does uses the project management technique which can help them to
attain the higher profits in proper way too. With this Divigate Ltd can also build a image and
value of their company and provide quality services to their clients and prospect people. Even the
firm follows the better procedures and approaches in right context too (Eid and El-Gohary,
2013). Although technology will make company to provide quality services to their clients and
thus design and managing can be done in effective manner as well.
Communication: It is considered as backbone of company and thus it help to have
smooth functioning of their work, which lead to have an better implementation of the technology
in organisation. Communication in between different level and department can make them to
have appropriate coordination which can help entity to attain its goals and objectives too. Digital
technology does help in having better communication level in company and thus this leads to
have completion of their working on time too and even in better way.
Risk: Implementing the technology in organisation is fruitful but it is required to know
whether any risk is not associated with this and thus they can attain their goals and objectives in
right context too. Risk needs to be identified and proper solution can be provided to them so that
effective working can be done in company. The top executives make their employees learn
before implementing that if any risk is faced then we need to minimise that in any manner so that
effective working can also be bought in company.
Resources: Technology is being considered in the resources of company. Although
various resources are there which is included in this and they are accountable in increase of
productivity as well and make them able to attain their goals and objectives in better manner
(Hotho and Champion, 2011). Utilising the available resources with technology can make
company to provide their services in better manner to their clients too. Resources are those which
needs to be effectively utilised and lead to minimise the wastage and errors in their resources as
this can decrease the cost as well and earning can be higher, although such criteria make
organisation to attain their goals and objectives with better utilisation of resources.
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P3 Work Breakdown Structure and Gantt Chart.
Work Breakdown Structure is a operational technique which can help to minimise the
burden of work on individual people. This is effective which is very useful in organisation and
have advantage in great way. Moreover, Work Breakdown structure is such which split the work
into various division and different department so that smooth functioning of work can be done in
great way and all such scenario can help in attaining their goals and objectives in right context
too. Motive behind this is manage and handle the data and larger project of firm which is done in
appropriate manner (Laudon and Laudon, 2016). Although the data and resources which serve
effective working in company. WBS is a having a hierarchical structure which determine various
part and it can be break down in different aspect in form of small and tiny which is manageable
task. This does shows a graphical representation which arrange the activities and task in effective
manner. In context to Divigate Ltd the work break down structure is such which is minimising
the burden and to provide the better services to their customers and clients. Although digital
technology does help company employees to learn new skills and knowledge with ability to have
a proper working in right format too. Even the performance of employees is being divided in
organisation which does divide the skills and efficiency as well. Hence, with the help of
technology the human resources can work in right format and thus employees which help in with
suitable training and development activities as well.
Gantt chart is that which showcase the value of every task and activity in organisation
which has to be done in organisation. Gantt chart is a technique which help in analysing the
effectiveness of task which is being done by workers and does offer the value of future of goals
and objectives in better way. This is something which is basically used to minimise the factor of
time and cost which have negative impact on the productivity of workers with profitability of
organisation. The Gantt chart is such which help company to have schedule of their different task
which can help them to know that which task is taking most of the time and although bringing
policy and procedure for such so that minimum time can be taken in completion of project
(Peppard and Ward, 2016). Its better to manage the time in company with the help of managed
and talented with skilled workers which does help in creating the value for employees and help
in attaining the goals an objectives in great manner. All these criteria is helpful for the Divigate
Ltd as this help in reducing the cost and time in organisation and thus lead to reduce the time
consumption by organisation over few task and every task and activity can be completed on time
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as well. Moreover, they use to manage and arrange their technique in suitable and effective
manner too.
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TASK 2
P4 Conduct research through application of qualitative and quantitative methods
Research is the important concept which helps to understand about the new things. It
provides the opportunity to improve their understanding and existing knowledges and skills. It
provides the opportunity to the management of cited organisation is to attain the views of
respondents about issues and research questions. There are different methods which helps to
make the work of research includes qualitative, quantitative, secondary, primary and sampling
(Porter and Kramer, 2011). It is the responsibility upon the researcher is to design framework
which provides direction. Primary source is one of the best method which helps in which helps in
collection of first hand information about research topic. Divigate Ltd. Uses different methods of
research to ascertain the impact of digital technology upon the growth of business activities.
Such methods are defined below:
Qualitative: The different techniques which are used for qualitative research includes
interviews, survey and perception. It provides the opportunity regarding ascertainment of
information in the form symbol, name, code etc. (Zott, Amit and Massa, 2011). It helps in
ascertainment of the behaviour and actions of respondents.
Quantitative: It helps to gather the data in the form of facts, statistical data, figures etc.
One of the important benefit of using this research method is to guide in preparation of
effective policies for Divigate Ltd. Finance department prepares budget on the basis of
such facts and information.
Secondary: This method is helpful in collection of information which is already
published on some sources like newspapers, magazines, articles etc. It is one of the
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method which saves the time and money of research while collecting the information. It
helps to easily collection of past information.
Primary: Most effective method of research which requires large number of time period
to collect information. It helps in collection of real views of respondents. The information
which is gathered is called first hand information which is most reliable and accurate in
all respect (Stokes, Wilson and Wilson, 2010). The different methods which are included
in this are questionnaire, survey, telephone etc.
The company used primary method for analysing their customers reviews and views
regarding products or services in better manner. This will help in taking good decision about
company growth or development. Under this management of Divigate Ltd. Uses primary method
where close ended questionnaire is prepared which contains 10 different questions which helps
to know the view of respondents. Through use of random sampling method 40 respondents are
selected from total population. Questionnaire is defined below:
Questionnaire
Name
Gender
Age
Q1. Does application of digital technology helps Divigate Ltd. To improve business activities?
Yes
No
Q2. Does digitisation helps to improve marketing, HR and production functions of Divigate
Ltd.?
Yes
No
Q3. Do you think implementation of digital technology helps bring innovation in organisation?
Agree
Disagree
Q4. Does digitisation has positive impact upon the skills and knowledge of employees?
Yes
No
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Q5. Do you agree with the statement that adoption of digitisation in services helps to attain
competitive advantage?
Agree
Disagree
Q6. Factors which impacts the capability of Divigate Ltd. To adopt digital technology in
organisation?
Employees
Government laws
Competitors
Q7. Which marketing approach is best after digitisation in business activities of Divigate Ltd.?
Traditional
Modern
Q8. Does implementation of digital technology helps to expand business operations?
Yes
No
Q9. Does application of innovative techniques helps to build strong relation with clients and
customer's?
Yes
No
Q10. What you want to recommend to Divigate Ltd. Regarding digitalisation of business
activities?
8
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TASK 3
P5 Analysis of research through application of different tools and techniques
Theme 1: Contribution of digital technology upon business activities
Q1. Does application of digital technology
helps Divigate Ltd. To improve business
activities?
Frequency
Yes 28
No 12
Yes No
0
5
10
15
20
25
30 28
12 Column B
From the above graph, 70% respondents said digitisation helps to improve business
activities but 30% are not in favour and said it comprises no effect.
Theme 2: Impact of digitisation upon marketing, HR and production
Q2. Does digitisation helps to improve
marketing, HR and production functions of
Divigate Ltd.?
Frequency
Yes 25
No 15
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Yes No
0
5
10
15
20
25
30
25
15
Column B
From the above graph, 62.5% respondents are in favour that digitisation helps to improve
marketing, HR and production but 37.5% assumes having no impact upon organisation.
Theme 3: Impact of digital technology upon innovation
Q3. Do you think implementation of digital
technology helps bring innovation in
organisation?
Frequency
Agree 23
Disagree 17
Agree Disagree
0
5
10
15
20
25 23
17
Column B
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It is observed that, 57.5% respondents said digitalisation bring innovation in organisation.
42.5% respondents have the opinion that not helps in creation of innovation.
Theme 4: Impact of digitisation upon skills and knowledge of employees
Q4. Does digitisation has positive impact upon
the skills and knowledge of employees?
Frequency
Yes 20
No 20
Yes No
0
5
10
15
20
25
20 20
Column B
From the above graph, it is observed that equal number of 50% respondents are in favour
and against that digitisation has positive impact upon skills and knowledge of employees.
Theme 5: Contribution of digitisation for competitive advantage
Q5. Do you agree with the statement that
adoption of digitisation in services helps to
attain competitive advantage?
Frequency
Agree 29
Disagree 11
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Agree Disagree
0
5
10
15
20
25
30
35
29
11
Column B
From the above graph, 72.5% respondents implementation of digital technology helps to
attain competitive advantage and 32.5% respondents have the opinion that not helps to bring
their position strong in market.
Theme6: Impact of factors upon adoption of digital technology
Q6. Factors which impacts the capability of
Divigate Ltd. To adopt digital technology in
organisation?
Frequency
Employees 18
Government laws 12
Competitors 10
12
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Employees Government laws Competitors
0
2
4
6
8
10
12
14
16
18
20 18
12
10
Column B
From the above graph observed that, as per 45% respondents employees not helps to
bring digitalisation in organisation. 30% respondents said government laws also impact
organisational activities and 25% respondents said competitors also impacts to adopt digital
technology.
Theme 7: Impact of digitalisation upon marketing
Q7. Which marketing approach is best after
digitisation in business activities of Divigate
Ltd.?
Frequency
Traditional 8
Modern 32
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Traditional Modern
0
5
10
15
20
25
30
35
8
32
Column B
From the above graph, 80% respondents said organisation is going to adopt modern
approach of marketing after digitalisation. 20% said traditional approach is good.
Theme 8: Impact of digitalisation upon expansion plans
Q8. Does implementation of digital technology
helps to expand business operations?
Frequency
Yes 24
No 16
Yes No
0
5
10
15
20
25
30
24
16
Column B
From the above graph, 60% respondents have the opinion that it helps in growth activities
of organisation but 40% respondents are not in favour.
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Theme 9: Impact of new techniques upon relation with clients and customer's
Q9. Does application of innovative techniques
helps to build strong relation with clients and
customer's?
Frequency
Yes 18
No 22
Yes No
0
5
10
15
20
25
18
22
Column B
From the above graph, observed that 45% respondent said digitalisation helps to build
relation with clients and customers. 55% respondents said that there is no impact of digitalisation
upon relationship of organisation with clients and customers.
P6 Recommendation.
Recommendation is such which help company to improve its working scenario in
organisation and thus proper services can be bought as well. Moreover the main focus of
company is to make people to maximise their return which they spend online (Teece, 2010).
Even the people and their client do suggest company to being something unique in their services
which make them different from other company too. The firm is small business enterprise which
provide different goods and services to their desired customers in the large market place. Along
with this, they are try to make innovative and unique products which help them in enhancing
company growth or success in effective way. This will help in enhancing company productivity
and profitability for attracting more customers. There are various things which assist in
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developing new products and services for desired buyers. They require to make appropriate
decision for smoothly running of business operations or its functions in proper manner.
Some of the recommendations are as follows:
The company has to use the digital technology in their working approach so that more
effective working can be bought.
Moreover, digital technology does help in reducing the cost and time utilisation and
converted to use such in better way and adopt and implement advanced technology in
great way although.
With the help of technology the organisation can provide their client an excellent levels
of insights and services too.
Even technology help them to fight with competition in market and help them to attain
their goals and objectives too.
They have made many e-commerce sites and using better technology to maintain their
record as well.
Even though the management of the company has distance shopping at both side on line
and off line too.
It is required to provide the services at lower rates in better way so that their client can
earn higher revenue in great way although.
They should increase the growth and development in their working in better way.
To check the viability when they decide to conduct research which assist in attaining their
views and reviews in proper manner.
Company require to implement effective techniques and methods which can help in
improving management activities and functions for recording number of data and
information in better way.
They require to solve major issues and problem which occur while implement project
within an organisation.
TASK 4
P7 Reflection.
After making every part of research I come to know that information can be used in
various ways and I identified that different kind of element in Divigate Ltd which understand
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before the implementation in digital technology in working process which can help them to
accomplish their goals and objectives. Although I recommend it is required to have specific and
training and development in employees which get the positive outcomes in ease manner.
Although digital technology is that which is considered as effective tool for employees to get the
positive outcomes in ease way too. This does also help in determining the various quality
services in organisation which needs to provide to their client in effective way. I feel utilising
resources and time in better manner can help in getting the work in great way which can make
them to earn higher income and profit both at single glance. Proper technique and approach in
training can help to their employees in business to increase their performance as well. Even
though I learned that various method are there which does help in collecting the needed
information from the market and that can be used in organisation to make better decision and
strategy which can help in having a better productivity and profit too. Normally making an data
interpretation can help in general terms as what people do say about their company. I need to
analyse impact of digital technology on company sales and profitability in proper manner.
According to me, company require to execute new and creative ideas and thoughts which can
increasing their growth and success level of firm in the large market place. Due to lack of time, I
need to adopt questionnaire method through which I can easily take reviews and feedbacks of
various respondents effectively.
CONCLUSION
From the above report it can be stated that, digital technology is that which ha the vast
impact on the business activity and even each task can be completed on time too. Even though
the firm is such which can earn higher productivity and profitability in proper way. Moreover ,
this is such which an help in using the resources in effective way as well. The report was based
on Divigate Ltd who wanted to adopt the digital technology in their operation, HR, marketing
and accounting department so that they can have better working and with this higher income can
be earned as well. Therefore, with the help of advanced digital technology they can earn higher
profit and income too in better way. Even the company used the technology in great manner so
that they can have an smooth functioning of their task and activity in right context too.
17
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REFERENCES
Books and Journals
Zott, C., Amit, R. and Massa, L., 2011. The business model: recent developments and future
research. Journal of management. 37(4). pp.1019-1042.
Teece, D.J., 2010. Business models, business strategy and innovation. Long range planning.
43(2). pp.172-194.
Stokes, D., Wilson, N. and Wilson, N., 2010. Small business management and entrepreneurship.
Cengage Learning EMEA.
Porter, M.E. and Kramer, M.R., 2011. The big idea: Creating shared value.
Peppard, J. and Ward, J., 2016. The strategic management of information systems: Building a
digital strategy. John Wiley & Sons.
Laudon, K.C. and Laudon, J.P., 2016. Management information system. Pearson Education
India.
Hotho, S. and Champion, K., 2011. Small businesses in the new creative industries: innovation
as a people management challenge. Management Decision. 49(1). pp.29-54.
Fitzgerald, M., and et. al., 2014. Embracing digital technology: A new strategic imperative. MIT
sloan management review. 55(2). p.1.
Eid, R. and El-Gohary, H., 2013. The impact of E-marketing use on small business enterprises'
marketing success. The Service Industries Journal. 33(1). pp.31-50.
Dezdar, S. and Ainin, S., 2011. The influence of organizational factors on successful ERP
implementation. Management Decision. 49(6). pp.911-926.
Cavusgil, S.T., et. al., 2014. International business. Pearson Australia.
Online
Work Breakdown Structure (WBS).2017. [Online]. Available through
:<http://www.workbreakdownstructure.com/ >.
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APPENDIX
Questionnaire
Name
Gender
Age
Q1. Does application of digital technology helps Divigate Ltd. To improve business activities?
Yes
No
Q2. Does digitisation helps to improve marketing, HR and production functions of Divigate
Ltd.?
Yes
No
Q3. Do you think implementation of digital technology helps bring innovation in organisation?
Agree
Disagree
Q4. Does digitisation has positive impact upon the skills and knowledge of employees?
Yes
No
Q5. Do you agree with the statement that adoption of digitisation in services helps to attain
competitive advantage?
Agree
Disagree
Q6. Factors which impacts the capability of Divigate Ltd. To adopt digital technology in
organisation?
Employees
Government laws
Competitors
Q7. Which marketing approach is best after digitisation in business activities of Divigate Ltd.?
Traditional
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Modern
Q8. Does implementation of digital technology helps to expand business operations?
Yes
No
Q9. Does application of innovative techniques helps to build strong relation with clients and
customer's?
Yes
No
Q10. What you want to recommend to Divigate Ltd. Regarding digitalisation of business
activities?
20
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