Assignment on E- Business and Opportunities
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Added on 2020-04-07
Assignment on E- Business and Opportunities
Added on 2020-04-07
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E- Business and opportunities 1Name of the student- Topic: E- Business and opportunities University Name-
E- Business and opportunities 2With the increasing ramification of economic changes and complex business conditions,each and every organization is adapting online business in their business functioning. Many retailstores such as Wesfarmers, Woolworths and Mayer have adopted cyber computing enterprisesresources planning in its business functioning with a view to create value in its business process.In this report, Dhaka Supreme retail Stores Company has been taken into consideration. It isobserve that this company has been running its business on international level by using effectivecyber computing enterprises resources planning in its operating system. It is evaluated thatcompany has to imports all of its goods from vendors and render it to its other departments. It isfurther observed that company has quality checking department in which all quality of goods andservices would be checked throughout the time (Ahokangas, et al. 2014). Dhaka Supreme retailStores Company has adopted cyber computing enterprises resources planning in its businessfunctioning which will not only increase the efficiency of its business but also establishautomation in its value chain activities. This level of changes in the business is done on the basisof adoption of cyber computing enterprises resources planning. This will help organization tocreate a dashboard portal which could be used by clients to surf online and explore company’sgoods and services on online portal. However, with the changes in client’s need and demand, itwill increase the overall efficiency and effectiveness in determined approach. This cybercomputing enterprises resources planning system will also help company to increase the overallcommunication effectiveness and overall client’s satisfaction. In addition to this, if DhakaSupreme retail Stores Company has adopted cyber computing enterprises resources planning inits business functioning then it will increase the cyber-attacks, bombing and reducing the overalltime behavior in determined approach (George Wynn, Turner and Lau, 2013). Quality of goodsand services offered in market will not only increase the overall efficiency of business but also
E- Business and opportunities 3decrease the overall complexity of business. However, changes in business installation processand adopting cyber computing enterprises resources planning in its business functioning willincrease the overall productivity in determined approach. Dhaka Supreme retail Stores Companyis retail store which has indulged in providing wide range of goods to men, women and otheraccessories. It is the fastest growing retail store that is expanding its business throughout the time(Choudhuri, 2014). Dhaka Supreme retail Stores Company has adopted cyber computing enterprisesresources planning in its business functioning that allows their consumer to interact with thephysically available goods. This will mitigate all the possible hurdles and increase the client’sexperience in online shopping. In future, if Dhaka Supreme retail Stores Company wants tocreate core competency in market then adoption of cyber computing ERP system will increasethe overall efficiency and automation in its various activities. However, due to vulnerability oftechnologies, company needs to install anti security program to overcome the negative impact ofcyber-attacks and data privacy loop holes (Ahokangas, Juntunen and Myllykoski, 2014).The technology can change and give easier way to meet their consumer to retail stores.This type of supermarket gives all kind of product in one roof and customer needs not to wastetheir time to look around for likely products. Social media is also the key feature for the growthof the retail business as it may passes the quality and customer experience with other people(George Wynn, Turner and Lau, 2013). There are many retailers which newly come to retailstore market and such type of competition is good for the future growth of the retail stores. Asretail stores are very traditional in the market it is also less in cost in comparison with onlineproducts through online products includes delivery charges and other charges. The future retailstores are bringing more simplicity to available their product as nearest to the consumer (George
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