Information Technology for Business Assignment
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Added on 2020-05-16
Information Technology for Business Assignment
Added on 2020-05-16
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Running head: IT FOR BUSINESS IT FOR BUSINESSName of the Student Name of the University Authors Note:
1IT FOR BUSINESSTable of ContentsIntroduction..........................................................................................................................2Discussion............................................................................................................................2Advantages and Disadvantage of New POS system........................................................2Role of POS in competitive advantage of Business........................................................3Advantage of having Centralized Database.....................................................................4Role of POS system in Decision Making........................................................................5POS system for Business Activity...............................................................................6Information can be traced in a better way...................................................................6List of question which can be answered in a way better way......................................7Role of information in better management of business...............................................7Recommendation.............................................................................................................7Type of Network..........................................................................................................7Type of Media..............................................................................................................8Risk of POS system.........................................................................................................8Protection against the risk................................................................................................9Conclusion...........................................................................................................................9References..........................................................................................................................10
2IT FOR BUSINESSIntroductionPoint of Sale System is nothing but a system which helps various kinds of business tocarry out transaction between organization and client (Sonnenberg et al. 2013). POS system canbe easily defined as computer network which generally consist of various kinds of computerwhich are linked with checkout points. It is generally supported by various kinds of hardwarewhich starts from barcode scanner and closing at terminals of various kinds of card payment. In the upcoming pages of the report advantage and disadvantage of POS system has beendiscussed in details. A list of advantages has been provided regarding the fact or idea of havingcentralized database for four season greenhouse and nursery. Recommendation has beenprovided regarding the type of networks and type of technology needed by it. DiscussionAdvantages and Disadvantage of New POS systemNew POS system will allow the various kinds of user to easily track the useful data forbusiness from various kinds of transaction based on sales and various kinds of data from sales.The new POS system will eliminate the issue of tracking various kinds of sales on a manualbasis. This system will provide a method which can be used for processing and storing of datafor various kinds of sales operation (Scheffels and Lavik, 2013). This new system will ultimatelyeliminate entry of details of good on a manual basis. The POS system will work much greaterthan a sales register. In the end it can be easily concluded that POS system will eliminatetracking, distribution of data which will provide information for operation and management ofthis four season and Nursery which is located in Colorado (Kirchner et al. 2013).
3IT FOR BUSINESSThere are large of disadvantage which can be seen by implementation of this POS systemthat are:Reliable connection: A reliable internet connection and ISP is needed for propermaintenance of POS system which is generally considered to be totally based on web (Pepe andPepe, 2012). If there is outage of internet, then Nursery located in Colorado does not have accessto it. Expensive software upgrades: Various kinds of web based provides free upgrades forkeeping them up to date while on the contrary software based upgradation has a high value ofcost attached to them.Security issues:Various kinds of customer round the globe makes use of credit card ordebit card while they are making their purchase certain risk related to pin also comes into action(Lee et al. 2015). Various providers of POS system provider make use of step for maintaining theprivacy of terminal keypads on the contrary none of them are considered to be risk freeRole of POS in competitive advantage of BusinessA POS system will be help in gain competitive advantage for an organization POS system helps a business in having a real time detail of business whichcontains report of sales. After that particular business can makes use of properstrategies for improvisation of sales. POS will help in improving the customer service and making transaction at amuch faster rate (Liberato, Bailie and Brimblecombe, 2014). There are generallylarge number of selection techniques or methods like credit cards, gift cards.
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