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IT for Business: Implementation of Point of Sale System in Four Seasons Greenhouse and Nursery

   

Added on  2023-06-12

10 Pages2680 Words78 Views
RUNNING HEAD: IT for Business
IT for Business

IT for Business 1
Contents
Introduction......................................................................................................................................2
Advantages and Disadvantages of the New Point of Sale System..................................................2
Gaining of Competitive Advantage through Point of Sale System.................................................3
Centralized Database- Advantages..................................................................................................4
Effective Decision Making by Point of Sale System.......................................................................4
Suggested Telecommunication Options for Point of Sale System..................................................5
Risks brought by Point of Sale System and Ways of Protecting Business against such Risks.......6
Conclusion.......................................................................................................................................7
Recommendation.............................................................................................................................7
References........................................................................................................................................8

IT for Business 2
Introduction
Information technology is increasingly becoming popular among the businesses of every type
and size. The adoption of technology also results in positive impact on the business of small
organizations. However, such small organizations are incapable of affording the requisite
expertise and resources that are necessary for the implementation of the strategies related to
information technology.
Point of Sale (POS) systems are gaining popularity and are being increasingly adopted by the
businesses as it allows easy performance of diverse operations. The term of POS system can be
defined as the computerized networks which creates a linkage between the main computer and
the checkout terminals. It is a combination of hardware and software that allows the trader to
carry out variety of transactions and simplifies the routine business operations (Cai, Li, Wei &
Zhixiong, 2016). This report focuses on the implementation of Point of Sale system in Four
Seasons Greenhouse and Nursery and the relative advantages, disadvantages, competitive
advantage, recommended telecommunication options and risks.
Advantages and Disadvantages of the New Point of Sale System
Following are the advantages and disadvantages that resulted after the implementation of POS
systems in Four Seasons.
Advantages-
Establishment of accountability- Responsibility can be easily delegated by the owners with the
help of POS systems to the staff capable of performing it. This in turn allows establishing the
required accountability. Goals are not established by the owners themselves, instead they
perform the function of providing the appropriate data to the staff from the system for the
determination of sales goals for the specified period (Turner, Weickgenannt & Copeland, 2016).
Decision Making- POS systems allows to maintain accurate business records and data which
plays an important role in the decision making by the owners of the organization. It further
allows to identify the items that are providing high profits to the organization. Therefore, the
organization can easily shift to such items for further increasing the profitability. The decision

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