In the fast-paced world of today, it sometimes becomes very arduous to observe and understand the behavior of a customer, build your strategies according to it and not worry about that behavior changing at the time of implementing your strategies. To keep one’s customer loyal…
It also highlights the limitations of this project as well as advantages and disadvantages of implementing this technology in a retail business. Those companies who have already carried out the implementation process of RFID tags into their businesses are taken into account during this report. Conclusion is drawn from the research and recommendations have been made at the end of the report as to whether the company should go for applying RFID tags into their business or not.
The purpose of this study is to evaluate whether it is feasible for Naisten Pukutehdas to embed RFID tags in the products of all of its stores. This prospect has disadvantages and advantages as well but the pros of this proposal weigh better. It will provide customer satisfaction, a greater, better, newer and easier experience for the customer, optimization of the business, speed benefits to the business and loyal customers. In these challenging and turbulent times, where people find it difficult to risk new technology, this proposal intends to increase the market share of the company as well as to expand the market on cost which is relatively low. The examples of other companies who have successfully gone through this procedure have been discussed and the good and bad of this technology has been discoursed as well.
The company of Naisten Pukutehdas started at the end of 1910 when young and vivacious Aino Rosendahl’s ambition of doing a sewing business was put into practice. Since then there has been no looking back. The apparel line includes clothes for young girls and women, ranging from sports, casual dresses, jeans and the famous pants for women and girls. After passing several consequential years, the company just celebrated their 90th anniversary in the spring of 2009. With 11 personal stores in Finland and 2 in St. Petersburg, NA aims to establish Finnish fashion internationally and ...
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(Information Technology and Information Systems for Business Essay)
“Information Technology and Information Systems for Business Essay”, n.d. https://studentshare.net/miscellaneous/393121-information-technology-and-information-systems-for-business.
At the present, almost all the organizations make use of information technology to carry out their business activities. They use e-commerce and information systems to run their business effectively. In this scenario, e-commerce is used to carry out business activities on internet.
The use of information systems is critical for any business to thrive under these conditions. An understanding of building a solid foundation of information systems in business is utilized form e-business, e-commerce operations, enterprise collaboration and management.
Key aspects that are effectively managed by the use of the appropriate information system include technology, employees and data. Bognor Marine Watercraft (BMW) is a UK based firm that specializes in the production and selling of watercrafts and various components that are used in the maintenance of its products.
As the result, the organisations are now confronting intense competition due to globalisation of business where customers are no longer bounded to their regional locations and business has become an international entity. In this regard, businesses are now going through the process of transformation from local to international organisations; however, in this process, many factors play a crucial role and it is very imperative that decision-makers in such organisations should consider them to achieve and maintain their organisational success in the market.
With the increasing demand of competition in the market at present, the company’s interest must necessarily be protected to insure sustainability amidst an erratic economy. Such can be possible with the help of Business Intelligence software that not only safeguards the interest of the firm, but likewise facilitates efficiency for both the product and personnel.
This interest has further grown during the last years where the economic crisis has fostered implications on the employee relations (Gennard, 2009)
The economic crisis resulting from the collapse of financial markets is evident
n changing and this implies that a company has to have the ability to invest heavily on the procurement and the development of new technologies in order to remain relevant and also for the sake of satisfying consumer needs, tastes and fashion, which highly determine the market
This system must be secure and integrates all the processes of an organization. In addition, the system must be maintained and upgraded as changes in technology occur. When introducing changes to the business model, staff must be retrained and the work culture managed to