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Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
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Call us at : 08263069601
(Prefer mailing. Call in emergency )
ASSIGNMENT
DRIVE FALL 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 worldisthe use of electronicinformation 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
belowisthe 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 variousIT productsusedat retail pointof sales.These products are used for billing, stock
keeping,productmarking 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 havinglarge numbersof productsandvoluminoussales,makingthe investmentviable.EPOS
isa computer-basedmachine.ItrunsonWindows/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 pointof salessoftware canbe classifiedinthe following three types: Legacy software, Best-of-
breed software, and ERP integrated software.
1. Legacy Retail Software
Anysoftware solutionthatmayhave beendevelopedorboughtortraditionallyusedoveraperiodof time by
an organizationforitsspecificneedsiscalledlegacysoftware.Itcouldbe developed in-house by employing
programmers and system analysts or outsourced to a third party developer. Legacy systems are usually
foundwitholderorganizationsthatstartedautomationinearlydaysof 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
electronicfiles,forfuture use,analysisandretrieval iscalleddatabase.Traditionally,all typesof datacouldbe
kept either in paper or electronic files. The electronic
6 Write short notes on:
a) NetworkingDevices: 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,connectingtwonetworks is called internetworking, andthe devices needed to
connect them are routers and gateways.
b) OpensystemsInterconnection(OSI):IsanISOstandardthat coversthe complete network communication
aspect.
Open Systems Interconnection (OSI) is an ISO standard that covers the completenetwork communication
aspect.Anopensystemisa model thatallowsanytwo differentsystemstocommunicate regardless of their
architecture. Products from different vendors work on different standards. The OSI model opens
communication between different
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
(Prefer mailing. Call in emergency )

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Ml0013 retail it management

  • 1. Dear students get fully solved assignments Send your semester & Specialization name to our mail id : “ help.mbaassignments@gmail.com ” or Call us at : 08263069601 (Prefer mailing. Call in emergency ) ASSIGNMENT DRIVE FALL 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 worldisthe use of electronicinformation 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. 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 belowisthe 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 variousIT productsusedat retail pointof sales.These products are used for billing, stock keeping,productmarking 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 havinglarge numbersof productsandvoluminoussales,makingthe investmentviable.EPOS isa computer-basedmachine.ItrunsonWindows/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 pointof salessoftware canbe classifiedinthe following three types: Legacy software, Best-of- breed software, and ERP integrated software. 1. Legacy Retail Software Anysoftware solutionthatmayhave beendevelopedorboughtortraditionallyusedoveraperiodof time by an organizationforitsspecificneedsiscalledlegacysoftware.Itcouldbe developed in-house by employing programmers and system analysts or outsourced to a third party developer. Legacy systems are usually foundwitholderorganizationsthatstartedautomationinearlydaysof 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 electronicfiles,forfuture use,analysisandretrieval iscalleddatabase.Traditionally,all typesof datacouldbe kept either in paper or electronic files. The electronic 6 Write short notes on: a) NetworkingDevices: 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,connectingtwonetworks is called internetworking, andthe devices needed to connect them are routers and gateways.
  • 3. b) OpensystemsInterconnection(OSI):IsanISOstandardthat coversthe complete network communication aspect. Open Systems Interconnection (OSI) is an ISO standard that covers the completenetwork communication aspect.Anopensystemisa model thatallowsanytwo differentsystemstocommunicate regardless of their architecture. Products from different vendors work on different standards. The OSI model opens communication between different Dear students get fully solved assignments Send your semester & Specialization name to our mail id : “ help.mbaassignments@gmail.com ” or Call us at : 08263069601 (Prefer mailing. Call in emergency )