How Digital Technology has Transformed Business Activities - Oxfam
University: UKBC College London
Question :
The scenario of this report is based on constructing a research proposal over-analysis of digital technology in order to transform business operations inappropriate manner. The structure of this report can construct as:
- Provide an introduction over the specified topic of this research.
- Determine a detailed understanding of the research topic by consideration information through specified literature.
- Analyze different research method that a researcher can implement to construct a research report.
Answer :
INTRODUCTION
The rising technology has transformed the ways organizations carry out their business. It has also enabled the small businesses to level the playing field with larger corporations. Digital technology has become a growing necessity of each and every business concern. With every passing year, more and more world is leaning towards it. It is becoming impossible to separate technology and business from each other (Gaspar and Kolari, 2016). Innovation helps in breeding the business and technology helps in paving the way and thus, it can be said that in order to sustain in the market, business needs technology. Since, the early times of man business always existed. It initiated with simple barter system and today it has changed exponentially due to advancement of technology. Industries would collapse, if technology is taken away from their business. This pertains to the fact that most of the operations and activities of business involves the use of technology. The current subject matter will draw attention of readers as well as other management officials of business organizations (Ethridge, 2004).
Talking in relation with the Oxfam, it is a global movement of people that works together to alleviate poverty for each and every individual. It is a confederation of 20 independent charitable organizations that pays attention to end global poverty. The main purpose of Oxfam is to provide supportive hands in creating lasting solutions to the injustice of poverty. The advancement in the technology has impacted the functions and activities of the company. To achieve long lasting success, up gradation with the pace of rising technology is quite necessary. Pertaining to this, the theoretical part of this research report will present introduction in relation with the importance of information technology in business. Further, the role of digital technology in business organizations, specifically in Oxfam will be evaluated by the researcher. In addition to this, how technology has transformed business activities of Oxfam such as marketing, human resource, operations and finance will be analyzed significantly (Khosrowpour, 2001). For the purpose of reaching the main aim, subsequent objectives needs to be developed as well as wide range of tool techniques and research methods needs to be adopted by the researcher. Furthermore, the experimental segment of the report will include both qualitative as well as quantitative techniques. Finally, the research paper will come to end with discussing about different findings and conclusions drawn from these outcomes.
AIMS AND OBJECTIVES
The main aim of the present research report is to evaluate how digital technology has transformed business activities within Oxfam to promote business growth. A deep insight into the concept of technology and its importance in business will be done. Thus, in order to achieve the aim, objectives are being set down and these are defined underneath:
- To evaluate the role of digital technology in Business
- To analyse the importance of information technology for promoting business growth
- To assess the impact of digital technology on varied functions of Oxfam such as marketing, human resource, finance and operations
- To apprise various implications of technology for management of the Oxfam
LITERATURE REVIEW
Introduction
Digital technology has become a growing necessity of each and every business concern. With every passing year, more and more world is leaning towards it. It is becoming impossible to separate technology and business from each other. Innovation helps in breeding the business and technology helps in paving the way and thus, it can be said that in order to sustain in the market, business needs technology.
Role of digital technology
Due to advancement in the technology, the business of each and every organization has caused a tremendous growth in trade and commerce. The concepts and models related to business have been revolutionized due to introduction of technology.
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