Abstract Information technology plays vital role success of business. Getting competitive advantages industry using animal for getting leather material that causes number of animal life comes in danger zone. Digital technology assists to save identity where customers give their credit card information and their addresses, phone number if these information gets to wrong person they can be theft identity or can steal money.
Table of Contents 1.Introduction..............................................................................................................................................3 2. Literature Review...................................................................................................................................4 3. Analysis and Discussion..........................................................................................................................8 4. Conclusions...........................................................................................................................................10 References.................................................................................................................................................12
1.Introduction IT refers that technology indulge in the development, management and use of computer to mange the information. In simple term the study of design, development, maintenance, assistance, imposing or manage computer based system. Computer system plays crucial role to exploring information. Information technology plays vital role to storage, networking( i.e. LAN, WAN) and software devices, infrastructure and procedure which utilizes in creation, planning, storing, securing etc accomplish by computer. H&M is a multinational company which famous Swedish MNC clothing retail company. It's known as fast fashion clothing for men, women and children. H&M uses information technology to changes in design and marketing in global market. 2. Literature Review Information Technology and its role in retail business in general As per the view ofTilman and Kareiva, (2018).information technology is basically dependent on computer and this computer based system assists to explore information and keep secure information. Technology support to introduce new platform in business operation. It plays vital role to keep update retail companies with continuous changes and assist to enhance globalization of retailing. Utilization of information technology in retail business leads vast change because it provides information regarding product for example catalog, availability, advertisement, supply and demands of customers etc. IT also provides information of customers. For example customers profile, nature regarding product, activities, choices or preferences and distribution. Operation information like inventory record, logistic, allotment of products and shelf space etc. Information technology utilizes in point of sale(POS) in the retail business ( Through POS electronic system, payment process becomes easiness for retailers where they can retain and analyze wide scale transaction data and inventory record on the basis daily business operation. Warehouse management(WHS) is a software technology which utilizes in managing warehouse business. WHS keeps whole information from beginning means receipt of supplier to ends means shipment to customers where this electronic system allows retail business to manage whole storage system within warehouse. It plays good role on daily basis operations in another
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department. IIt assists to establish good relational with customer relational management (CRM) where utilizes by the collecting and warehousing consumer data.Management information system alsosupports retailer in decision-makingWarehousing is accomplished by storaging customers data through credit card transaction, discount coupons, customers inquiries calls and loyalty cards. IT supports in effectively merchandise planning. Software system assist retail business to manage multistage supply chains and achieve fast return on investment. Thus, IT plays crucial role in retail business Networking Technology, different types in general As per the view ofChasseguet-Smirgel, (2018)Network technology is a technology whichexchangesinformationdatathroughcommunicationbyconnectingtwoandmore computer system. This system basically utilizes in business market. There are different types of network. For example local area network(LAN) and wide area network(WAN), wireless local areanetwork(WLAN), personal areanetwork(PAN) etc.Personal areanetwork (PAN) is wireless and too much basic network which connects computers, phones and tablets to each- other. It utilizes in small scale where an individual person or organization manages whole computer connection through one device in a building. These types of network beneficial for all scale business where owner can explore information regarding product in whole department and can monitor all transaction information. Through this network owner of retail business can monitor employees or workers activity by computer system. LAN is a simple type of network which connects groups of computer and low voltage computer device together within two or three buddings in short distance. Through this device retailer can share information and resources. Thus, this device also good option for retailing product and store information of product. WLAN is wireless network such as WI-Fi network where LAN can connect WLAN through networking technology in local area and can safely transfer data. These types of devices play vital role in retailing business because retailer can easily communicate groups of people in wide area and can retail their products in large amount. WAN (wide area network) connects group of computers in longer distance. Through this network retailers can communicate for retailing in whole world and can promote their business in large scale. Enterprise private network (EPN) is especially designed for business where retailers can safely connect in various location and can communicate in wide area through computer resources. Thus networking assists to raise the profile of retail business in the world.
2.4 Ethics and Social Issues of using technology in general As per the view ofGlock, (2018)Ethical issues refers a situation which requires an organization to select between alternates that should be assessed as ethical or unethical. Major ethical issues is elevated by technology these are health issues, ethical confusion during completion, job displacement etc. ethical issues creates due to using of technology in the retail business where keeps information of customers and their profile by employees etc is used to gain customers information during any issues. if these information gets to wrong person then they can be misused customer information and can steal money through credit card information which is normally given by customer to employees during purchasing. Copyright infringement can also occur in retailing. For example whole information of product design keeps in computer system but information can steal by another person through technology which can lead loss in business. While, social issues are communication breakdown, identity theft, cyberbully, privacy etc. using of technology in business created different types of problem in society like cyberbully where anyone can steal information of customers and can harm or harass person through IT network. Due to competition retailers continuous changes in their product and it's material that causes charges of product high so that leads decreases in purchasing. The importance of Intranet and Internet in business in general As per the view ofMelvern, (2019)Internet plays crucial role in retail business. Through internet organization can sell their products to remote customers. Retailer can use internet to gather information regarding upcoming product and can change product. Thus, retailer can take competitive advantages. Through internet retailers can communicate with customers, clients, government and can approach another member of industry in easy manner. Retailer can use internet for information retrieval where can monitor product processing. Retailer uses social media for promoting their product in market. Retailers can introduce their product global market through network. they can expand their selling by introducing online purchasing in business market. Thus, internet is more crucial for expand retailing and assists in product awareness in business market. It also supports to establish good relation between retailer and customers. Intranet is electronic device which provides new platform in retail business. It introduces digital communication in business market. Electronic technology provides safe space for storing, gaining and developing software apps. It reduces errors in product transfer and payment
procedure. In single time, employees can tackle two or three customers. It gives speed in employees work. Retailer provides own software app services to customers where customers can purchase product. They provide own online websites where customer can inquiry regarding product. Thus, intranet plays vast role in retail business and retailer enables to cover large area of market. These devices provide chances to gain competitive advantages in global market. List and explain the different stage of system development life cycle. As per the view ofYeaman, (2019)System development life cycle (SDLC) is the study of procedure for planning, creating, testing and post information. This system takes business in next high level and assist in project building. Main purpose of the SDLC is permitted user to create and maintain computer based information system. It consists six level i.e. planning, system analysis and requirements, system design, system development and integration and testing, implementation or coding, maintenance (documentation and evaluation) etc. planning is most important for beginning any project. To start any big project, in that stage planning accomplishes that what type product looks like and what type of resources needs to develop product. Information system assists to give new information. System analysis is important to analyses software performance to proceed upcoming steps where analyses software performance in every stage. Through these analyses makes notes on further demand. In retailing this system checks out on daily basis operation. Design is also important in SDLC where can see blueprint of the software system. It is important for supply high quality product which requires by customers. Development is needed in computer software and hardware system. Software development is crucial for retailing business because it utilizes in coding and testing of product. It assists in promotion, marketing and meets customer needs. While hardware can buy and can install. Both development supports to create information in business. Integration and testing is important to testing of software. Testing is supported to disclose mistakes which occurs during integration and alter the quality of product and project. Thus checks new information system works in flow or not. If any mistake shows during testing then develops new system program. Implementation is a procedure of completion where software installs in the retailing environment and utilizes in daily basis operation. This level provides assurity regarding software operation(Melvern, 2019). Main goal of this stage to deploy information and utilize in daily operation in the production environment. Maintenance is themselves last and final stage of SDLC where software updates up to date and utilize for change according to customer demand. It is basically dependent on
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customer's feedback's. it utilizes to solve problem which exist in the system after testing phase. Maintenance is completed by two phases documentation and evaluation. 3. Analysis and Discussion 3.1 Role of Information Technology in the selected business It can be analyses from above study, IT plays viral role in retail business. Technology provides different information like management information system which supports in decision- making regarding product introduction in retailing market. It uses for coordination, maintenance, testing and for observing information in a retailing company. H&M company utilizes warehouse management system (WHS) which keeps detail about wide scale products. While, decision support system is digital technology program which supports in justification, determination in the retailing. It assists to save money and helps to improve performance and effectiveness of employees in business. These IT contains some drawbacks. For example decision support system(DSS) can reduce efficiency of employees. It can reduce skills in staff due to dependency on the computer. Management information system requires constant monitoring so it can consume time of staff. Budgeting in this system is more complex. Types of Networking Technologies that used in the selected business H&M can use WLAN networking which is wireless. It provides strong communication between groups of computer and connects local area through this networking. Retail company utilizes this networking to promote selling and expand business in global market. It provides setup in retailing, and they can transfer information to each other about new product. It gives proper security in retail business. Enterprise private network (EPN) is utilizes by H&M company for business dealing where retailer shares their information for product design(Miller and Raison, 2016). It leads profitability in retail business. WLAN contains some drawbacks for example H&M firstly have to take license because it requires license. Retailer can retail their product in limited area through this networking which ain't good for organization because company can't explore their product wide area. It is less secured than wired so information can steal. Ethics and social issues in retail business
It can be analyses from above study where H&M company can get ethical and social issues by using information technology. H&M can face copyright infringement which can create problem in sustaining global market(Glock, 2018). Through IT information of customer can disclose which is not beneficial for company because it can loss trust of customer regarding their purchasing services. It can impact economic scale of business. Due to continuous changes in product design can enhance cost of product in that state selling efficiency of product can reduce. Technology leads communication breakdown which ain't beneficial for retailing. 3.3The importance of Intranet and Internet in the selected business There are lot of negative and positive aspect of the internet and intranet in the business of the H&M. Internet helps to increase their marketing through the social media and various applications.Intranetprovidestheinformationtotheusersveryfastandenhancetheir productivity of the company. As the roles and tasks the users may use the applications of the internet. Internet helps to increase the performance level of the employee's working in the H&M. With the helps of the intranet it saves the money and time of the company(Peng and Croce, 2016).It creates the issue of security in the H&M. The management of the H&M needs to stop on the control of the information. In the business internet required high cost. The hackers will get the passwords and take the private information and the data through the internet and intranet this is the biggest disadvantages of the internet in the business. List and explain the different stage of system development life cycle . It can be analyses from above study that it plays crucial role in H&M company. Company can get more productivity in business. Each steps of this life cycle gives assurity about product quality. It supports to reduce human errors during processing(Punjaisri and Wilson, 2017). Through this system each steps of product development operates in sophisticated manner Which leads maintenance in retail business. It contains some drawbacks like it is time-consuming process because it completes in five stage so H&M company staff can distract from selling product. It is expensive process because each steps contain more improvement. Each steps of this system is basically dependent on each-other. If any mistakes creates in these stage then whole process can impact whichcan consume time-consuming and enhance cost of product. This system needs monitoring on each step so retail company staff can distract to achieving sells goal.
4. Conclusions It can be concluded from above study that Information technology plays crucial role in retail business. IT explores different source of information which assists H&M company to retail their products. There are different types of networking for example LAN, WLAN, WAN etc which assists to communicate groups of computer and shares information for product. Here above report also analyses due to IT how ethical issues can create problem in retail business while social issues can impact environment and company services. Intranet and internet plays vital role in retail company. It enhances selling efficiency in retailing market. Analyses different stage of system development life-cycle which utilizes in retail company for enhance product quality. In this report analyses drawbacks of system.
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