Mkt501 GDB No. 1 solution
Saturday, April 16, 2011 Posted In Mkt Edit ThisTotal Marks 2
Starting Date Friday, April 15, 2011
Closing Date Tuesday, April 19, 2011
Status Open
Question/Description
Now a day’s technological factor of broad environment is changing very rapidly. You know that broad environment is uncontrollable. How technological environment can create opportunities for grocery store?
Solution:
Technology can affect many aspects of our lives, in a grocery store technology can change the way customers take their groceries, how the cashier can total up the price of the groceries and how the owner can take note of the items sold and how much more goods he has to order. Technology has its advantages, it speeds up the process from where the buyer takes the goods to when the cashier totals up the amount of the cash the goods are worth, But even though it has advantages it has some disadvantages, less people will be needed and so unemployment, more electricity bills and the need to train the staff so they can use the equipment.
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The technological environment refers to new technologies, which create new product and market opportunities. Organizations need to be aware of new technologies in order to turn these advances into opportunities and a competitive edge. Technology can affect many aspects of our lives, in a grocery store technology can change the way customers take their groceries, how the cashier can total up the price of the groceries and how the owner can take note of the items sold and how much more goods he has to order. It speeds up the process from where the buyer takes the goods to when the cashier totals up the amount of the cash the goods are worth
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success of a grocery store business is in management of grocery stock,knowing well about customers and their demands and then record all in a manageable form. that can help in taking better decisions for future .technology today made this easy by providing different tools and applications applications (like e-commerce solutions) to manage your grocery stores,thousands of products , stocks, targeting customers worldwide .it provides storing and managing data with relatively small effort. there are many types of inventory systems today. all were made possible due to technology.
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The technological environment refers to new technologies, which create new product and market opportunities. Organizations need to be aware of new technologies in order to turn these advances into opportunities and a competitive edge. Technology can affect many aspects of our lives, in a grocery store technology can change the way customers take their groceries, how the cashier can total up the price of the groceries and how the owner can take note of the items sold and how much more goods he has to order. It speeds up the process from where the buyer takes the goods to when the cashier totals up the amount of the cash the goods are worth
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success of a grocery store business is in management of grocery stock,knowing well about customers and their demands and then record all in a manageable form. that can help in taking better decisions for future .technology today made this easy by providing different tools and applications applications (like e-commerce solutions) to manage your grocery stores,thousands of products , stocks, targeting customers worldwide .it provides storing and managing data with relatively small effort. there are many types of inventory systems today. all were made possible due to technology.
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