ML0013-Retail IT Management

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ASSIGNMENT

DRIVE	SPRING 2014
PROGRAM	MBADS (SEM 3/SEM 5) MBAFLEX/ MBAN2 (SEM 3) PGDROMN (SEM 1)
SUBJECT CODE & NAME	ML0013-Retail IT Management
BOOK ID	B1764
CREDIT	4
MARKS	60

1 Explain the role of IT in the Retail Industry?

Answer:The world is the use of electronic information technology. Electronic scanningand bar-coding is the key to this technology. The underlying reasons why information technology improves efficiency are:

•          Faster checkout throughput times and reduced queuing.

•          Prompt and improved information related to stocking. For instance, the improved information on sales allows well-organized allocation of stores’

2 “E-Retailing is spreading across many industries in the world”. Enumerate the significance of e-retailing across various industries?

Answer:

E-retailing is the buzzword in modern business. It is spreading across many industries in the world. Given below is the state of various industries which ascribe to the increasing role and significance of information technology in the retail sector.

(i) Travel and tourism sector

Online travel industry occupies the highest market

3 Explain Electronic Point of Sales (EPOS) and its advantages?

Answer: There are various IT products used at retail point of sales. These products are used for billing, stock keeping, product marking and identification, service delivery and information sharing. Electronic Point-of-Sales (EPOS) are computer based billing systems at the retail outlet. EPOS systems are routinely used by retail businesses having large numbers of products and voluminous sales, making the investment viable.EPOS is a computer-based machine. It runs on Windows/Linux operating systems and retail application software, commonly available in the market. Figure 3.1 displays an EPOS system with the necessary accessories.

4 Explain different point of sales software in detail?

Answer: The point of sales software can be classified in the following three types: Legacy software, Best-of-breed software, and ERP integrated software.

1. Legacy Retail Software

Any software solution that may have been developed or bought or traditionally used over a period of time by an organization for its specific needs is called legacy software. It could be developed in-house by employing programmers and system analysts or outsourced to a third party developer. Legacy systems are usually found with older organizations that started automation in early days of computerization. At that time either best-of-breed quality software products were not

5 Explain Database Management Systems and its components?

Answer: A database is where the data is stored. Database is a collection ofrelated information stored such that it is available to users for decision making.We can further simplify that storage of data, in paper or electronic files, for future use, analysis and retrieval is called database.Traditionally, all types of data could be kept either in paper or electronic files. The electronic

6 Write short notes on:

a) Networking Devices: The hardware devices are hubs,switches, repeaters, and bridges which are used to connect and enhance thesignals and connect such networks. They work as bridges between variouscomputers. Similarly, connecting two networks is called internetworking, andthe devices needed to connect them are routers and gateways.

b) Open systems Interconnection(OSI):Is an ISO standard that covers the complete network communication aspect.

Open Systems Interconnection (OSI) is an ISO standard that covers the completenetwork communication aspect. An open system is a model that allows any two different systems to communicate regardless of their architecture. Products from different vendors work on different standards. The OSI model opens communication between different

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Send your semester & Specialization name to our mail id :

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Call us at : 08263069601

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