HC1041 IT for Business: Blooming With Technology - Case Study Analysis

HC1041 IT for Business
Blooming With Technology
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Contents
Introduction.................................................................................................................................................3
1. What are the advantages and disadvantages of the new POS system?.....................................................4
2. How will this POS system help the business gain a competitive advantage?...........................................5
3. What are the advantages of having the centralized database?..................................................................6
4. How could this POS system facilitate the decision making?...................................................................7
5. Recommend telecommunication options for this POS system.................................................................9
6. What type of risks does the POS system bring and how to protect the business against the risks?........10
Conclusion.................................................................................................................................................11
References.................................................................................................................................................12
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Introduction
This is the case study about the technology used by the Greenhouse and Nursery for recording
and managing the data and analyzing the profit and loss of the organisation. The technology is
Point of scale system which was adopted in the year 2008 by the organisation to access the
operational data which effectively manages the work of the organisation. It has explained how
the POS system helps in decision making in the business. The POS system uses the
telecommunication options for the business has elaborated in this assignment. Types of risk
which the POS system brings have been explored in this assignment.
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1. What are the advantages and disadvantages of the new POS system?
Advantages Disadvantages
1. The system of point of sale reduces the human
errors and saves money in the long term.
2. Point of sale system helps the business in
tracking and managing the inventory in the real
time. The staff can easily see the number of
items which is retained in the stock and can
order quickly about how many items are to be
needed.
3. Point of scale reduces the paperwork by
automatically generating the accurate reports.
It helps in an instant update in the purchase and
sale record daily, weekly and monthly
according to a tone of the business.
4. Point of scale simplifies the process of the
accounting and it doesn’t need to hire the
number of accountants for maintaining the
transaction.
5. The point of scale system helps in controlling
the payment and sales operations record,
promotion discounts, products bundling,
inventory management, sales transaction.
1. The system is web-based which needs the
reliable and continued connection and the ISP
for maintaining the POS system.
2. The updating of the software with the POS
system is very expensive and is very time-
consuming. The business needs to pay for the
new licenses and the software when the
business expansion is involved.
3. Most of the systems are based on the web
charge the monthly fee as the fee of
subscription which reduces the returns which
are earned by the company in the long run of
business.
4. Systems which are software based are more
intricate and complicated in using then the
software which is easily available on the web-
based systems.
5. This is the software which concerns with the
online payments as it exposes the details of
debit and credit cards of the customers and can
put the financial security in the risk.
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