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Impact of IT on Business Assignment Solved

   

Added on  2020-10-04

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Impact of IT on Business
Impact of IT on Business Assignment Solved_1
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................11) Advantages and disadvantages of the new POS system...................................................12 Assistance that POS system provides to the gain competitive advantages in any business23 Advantages of having a centralised database......................................................................34. Assistance provided by POS system to facilitate decision making...................................45)Various telecommunication options for this POS system..................................................5:...............................................................................................................................................56 Risks that are associated with POS and measures to protect the business against same....6CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7
Impact of IT on Business Assignment Solved_2
INTRODUCTIONInformation technology can be defined as a study of system for storing, retrieving andsending the information. Now a days, to explore any business effectively IT plays a significantrole. Every organisation has several departments .For example: human resource, financial,marketing etc. It is very essential to manage the information from all these, which can bepossible only by using centralised database system (Pierce and et.al., 2015). In this report , it isdiscussed that how Four Seasons Greenhouse and Nursery of Colorado has utilised informationtechnology to maximise its profit. With the help of point-of- sale system,the company is able tomanage sales data effectively to increase the turnover.1) Advantages and disadvantages of the new POS system Point-of -sale system is a system by which the transaction process of any firm getautomated and tracking of sales proceeds becomes easy. This system is also used by FourSeasons Greenhouse and Nursery of Colorado. It is a kind of advancement in technology that isbeing used in any organisation to perform in an effective way. Always there are pros and conswhich are attached to every new thing done .Given below are some advantages anddisadvantages attached with this technology.Advantages:It helps to track business data online and hence,eliminate the manual work. Thus, savesboth time and money. It helps to store and process the sales data effectively.It helps to eliminate the rely that someone has to put on the manual workers.Eliminate the use of register which is a messy task.1
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