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An evaluation of how the introduction of a new technology can assist an organization in achieving its business objectives
“The improved knowledge of the general requirements of the specific proposed technology and a discussion of the effective application to reach the business objectives of the selected company under the guidance of a highly qualified mentor is are key factors for successful passing of the RAP.”
Technology is defined as the purposeful application of the scientific information in the design, production and utilization of goods and services, mainly in an industry setting.
The objective of topic 2 is the identification of the impact of the new technologies on a selected organization and the preparation of a report. The broad aim of this topic is the exploration of the connection between the new technologies and the business sector. The more specific aims of topic 2 are:
As the technology has penetrated in every business function, the executives have felt its effects via the access to the organized, quality information that they can utilize and reach better decisions and via the fundamental support of the day-to-day running of the business.
During the evaluation of the influence of the new technologies of a company, the student needs to carefully consider these answers to these questions:
A most suitable company for the preparation of this topic is such for which the student has the necessary access to the management of the company, and the management is willing to provide the required information. The selection of an adequate company is essential to creating a good RAP, as the student needs to know and understand the general operations of the company and its associated sector. On the knowledge of the company and sector, the student can make the connections to the various aspects of the operations of the selected company with the requirements of the topic and will be able to create a high-quality RAP and get good grades.
When making a decision for a company for their RAP, the student will need to follow these aspects:
If the student chooses this topic, then a proper plan must be put in place from the beginning so the student can conduct all the necessary tasks in a proper and timely manner. The student needs to have an in-depth understanding of the major requirements of this topic and will need to analytically evaluate the necessarily required aspects by establishing a detailed strategy of operation. The student will need to evaluate the necessary processes of action that they will have to follow in order to meet all the necessary requirements and this is possible by a thorough planning in the beginning of the RAP.
The student will have to prepare the table of contents of their RAP under topic 2 so that it flows in a logical manner and cover all the tasks that the student needs to adhere to. The prepared table of contents will enable the student to stay on the proper track from the beginning of the project, and the student can estimate the necessary time for completing the various tasks required for the proper completion of the RAP.
After completing the overall content for the RAP under topic 2, the student will need to start gathering the necessary information according to the requirements of the topic. The student will need to evaluate all the gathered information in an analytical manner through consultation with their Project Mentor. The feedback from the Project Mentor is essential in the proper completion of the RAP, so the student needs to regularly share their thoughts with their Project Mentor in order to get the proper guidance in an effective and timely manner.
There is not a uniquely prescribed approach for completing the RAP under topic 2, only a broad level approach is described here. The detailed approach varies according to the perception of the student and the available information of the selected company. Whichever approach is taken by the student, they will need to keep getting guidance from the Project Mentor at every step of the way so they will meet all the prescribed information of this topic and get good grades on the RAP.
The student will have to complete the RAP based on the provided information directly from the management of the selected organization as the primary source of information, with the various other relevant secondary sources of information like online sources, newspapers, journals, books, etc. For topic 2, the availability of information from the primary source is of great importance as topic 2 cannot be completed without the obtaining of specific information on the selected organization. The student needs to make sure that they have access to extensive information from the management of the selected company and there are no confidentiality issues related to this information.
The student needs to carefully think about choosing topic 2 for their RAP, as the requirements of this topic are only met if the student has access to enough relevant information on the selected company. If there are any issues in acquiring the required information during the preparatory stage of the RAP, the student should consider choosing a different topic, as the improper information can lead to low-quality RAP and low grades or even failure of the RAP.
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