IT FOR BUSINESS IT FOR BUSINESS IT for Business Name of the Student Name of the University Author Note
Added on 2021-06-17
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Running head: IT FOR BUSINESSIT for BusinessName of the StudentName of the UniversityAuthor Note
1 IT FOR BUSINESSExecutive SummaryThe report will be discussing the advantages of using technology in a small business. The use ofthe new point of sales system that is adopted by the Four Seasons nursery has considerablybenefited the nursery by facilitating decision making. The use of manual registers that wasmaintained by human labours offered a negligible profit to the business. The use of the new POSsystem further helped in easier data management and accurate costing of the products. Theadvantages, disadvantages and the use of POS system in Four Seasons is discussed in the report.
2 IT FOR BUSINESSTable of ContentsIntroduction..........................................................................................................................31. Advantages/Disadvantages of Point of Sales..................................................................32. The Competitive Advantage with POS............................................................................53. Centralized Database and its Advantages........................................................................64. Use of POS in facilitating decision-making....................................................................75. Telecommunication Options............................................................................................86. Associated Risks..............................................................................................................8Conclusion...........................................................................................................................9Recommendations................................................................................................................9References..........................................................................................................................10Appendix............................................................................................................................12
3 IT FOR BUSINESSIntroduction The use of information technology can certainly benefit the different businessorganization. Small and medium sized business can realize the positive effect of adoption oftechnology in the organization. However, the small organizations may not have the resources orthe expertise of a large corporation to implement the business operations of the organization. Asmall business can however, get equally benefitted by the use of technology in management ofthe pivotal business operations. In order to discuss the benefits of technology, a case study ofFour Seasons Greenhouse and Nursery is evaluated in the report (refer to appendix). Themaintenance of business operations in a manual way in Four Seasons had resulted in negligibleprofits or a complete loss (Stadtler 2015). This is because the management of the organizationdid not have an access to the useful operational data that is needed for managing the business ofthe organization. The benefits of using a POS and its use in Four Seasons Greenhouse andNursery are discussed in this report. The organization could achieve the business benefits as itallowed the owners to track the required business data from the sales in real time. 1. Advantages/Disadvantages of Point of SalesThe use of point of sales system in the nursery had a number of positive impacts on theexisting business of the organization.It became easier for the organization to manage the usefulbusiness data and business process as the necessary information is available to the managementat the time of sales (Laudon and Laudon 2016). The advantages the business could achieve withthe implementation of the new POS system are as follows- The new Point of Sales system eliminated the need of maintaining a manual register inorder to record the system sales and different business processes of the organization (Galliers and
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