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IT for Business - Assignment

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Added on  2021-05-30

IT for Business - Assignment

   Added on 2021-05-30

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RUNNING HEAD: IT for BusinessIT for Business
IT for Business - Assignment_1
IT for Business1ContentsIntroduction......................................................................................................................................2Advantages and Disadvantages of New POS System.....................................................................2Gaining of Competitive Advantage by Business through POS System..........................................3Advantages of having Centralized Database...................................................................................4Facilitation of Decision Making by POS System............................................................................4Recommended Telecommunication Options for POS System........................................................5Type of Risks brought by POS System and Protection of Business against the Risks...................6Conclusion.......................................................................................................................................7Recommendation.............................................................................................................................7References........................................................................................................................................8
IT for Business - Assignment_2
IT for Business2IntroductionIndustry of every size and type requires the use of information technology. Positive effects can be realized by small businesses through the adoption of technology. However, small businesses often lack adequate resources and expertise that are possessed by large corporations for the implementation of information technology strategies. Businesses are increasingly adopting Point of Sale (POS) systems for bringing an ease in their operations. POS systems are computerized networks in which the main computer is linked with the checkout terminals and are sustained by a variety of features of hardware including card payment terminals and barcode scanners. In other words, POS system is an arrangement of software and hardware built for the centralization of business operations (Guinn, 2018). The transaction of the business is easily managed by such system including processing of credit cardsand post- transaction operations that result in customer satisfaction. This report focuses on the adoption of new Point of Sale (POS) system by Four Seasons Greenhouse and Nursery, located in Colorado. Advantages and Disadvantages of New POS System The new POS system adopted by Four Seasons Greenhouse and Nursery has the following advantages and disadvantages.AdvantagesMore Useful than Cash Register- POS system undertakes a number of functions which makes it more useful than a cash register. Such functions involve input, tracking and dissemination of datawhich in turn provides the owner with useful information in context of operations and managing of business (Nelson, 2014). Tracks Business Data- Point of Sale (POS) system facilitates the owner of Four Seasons Greenhouse and Nursery to easily track business data directly from the sales transactions which eliminates the requirement of performing manually tracking the sales. The system itself performsthe storage and processing of data at the time of performing the function related to compilation of sales history and updating inventory (Harbortouch, 2018).
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