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POS System

   

Added on  2020-05-28

11 Pages2020 Words359 Views
Running head: IT OF BUSINESSIT of Business[Name of the Student][Name of the University][Author note]
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Table of ContentsIntroduction:...............................................................................................................................3Advantage and Disadvantages of POS system:.........................................................................3Roles Played by POS System in Competitive Advantage:........................................................4Advantages of a Centralized database:......................................................................................4POS System and Decision Making:...........................................................................................5POS System and business activities:......................................................................................5POS System and Tracing of the Information:........................................................................5List of questions to be answered in a better way:..................................................................6Information and Better Management of Business..................................................................6POS System and Recommended Telecommunication Option:..................................................6Network Type:.......................................................................................................................6Media Type:...........................................................................................................................6Risks and Protection of the POS system:...................................................................................7Security:.................................................................................................................................7Privacy:..................................................................................................................................7Confidentiality:......................................................................................................................7Protection of POS system:.....................................................................................................7Conclusion:................................................................................................................................7References:.................................................................................................................................9
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Introduction:POS or Point of Sale mainly refers to the time or place when the transaction of theretail is complete. This the point of sale when the merchant collects the amount that is ownedby the customer and indicted the customer that it is the point when they have to make thepayment (Ståhlberg and Maila 2012). This report mainly discusses about the need of a POSSystem by four greenhouse and Nursery located at Colorado. The report also discusses aboutthe advantages and the disadvantages that this firms are going to face along with the securityissues and how this can be eliminated.Advantage and Disadvantages of POS system:POS System helps in tracking of the useful data from different types of transactionsbased on sales along with the various kinds of data from the sales. The POS system will alsohelp in the elimination of the issues related to the tracking of various kinds of sales that aretaking place at a manual basis (Rese Schreiber and Baier 2014). POS System provides amethod which makes the processing and storing of the data related to any kind of sales veryeasily. The new system will be helping in the elimination of the manual entry of the details ofgoods in a register along with this it will also be working as something more than a salesregister. So this will ultimately help the organisation in elimination of the tracking,distribution of data. Along with this it would also be providing the information for any typeof operation or management of the four season or the Nursery that is located in Colorado.Besides the advantages there are also some disadvantages some of them are listedbelow:Reliable connection: The new POS System is totally reliable on the internet andISP as POS system is totally web based so if there is any failure then the Nurseryof Colorado will lose access.
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