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DRIVE
SUMMER
2015
PROGRAM
MBADS
(SEM 3/SEM 5) MBAFLEX/ MBA (SEM 3) PGDROMN (SEM 1)
SUBJECT
CODE & NAME
ML0013-Retail
IT Management
BK ID -
B1764
CREDIT
& MARKS - 4 Credits, 60 marks
Q.1.
Explain the factors affecting the use of IT applications in Retail industry. 10
ANS:
Factors Affecting the Use of IT
Applications in Retail Industry: In practice, various factors
affecting the use of IT applications in retail industry are as follows:
1. The nature and type of
business: The
main factor that affects the need and application of technology is the nature
and type of industry. For example, a retailer who is in the fashion
industry would like to
Q.2.
Explain the advantages and disadvantages of Online retailing. ( Explanation of
advantages, Explanation of Disadvantages) 5,5
ANS:
Advantages of Online Retailing:
1. No physical
limitations: In
online retailing, a customer does not have to visit a physical store; he can
simply visit the company’s website and purchase the desired item.
2. Low operating cost: One of the foremost
advantages of online retailing is the low operating cost. The retailer is not
bound by the physical location to set up his store. With the deployment of IT,
the retailer
Q.3.
Explain Porter’s Model of Competitive Forces in detail. 10
ANS:
Porter’s Model of Competitive
Forces: In order to understand
various strategies to gain competitive advantage, we need to understand
the challenges that competition poses. In this field, Dr. Michael E.
Porter (1985), Professor of Business Administration, Harvard Business School,
has shared his ideas in two books: Competitive Strategy: Techniques for
Analyzing Industries and Competitors, and Competitive Advantage.
These books offer a structure to firms to practically generate and carry
on with a
Q.4. There
are certain threats which disturbs the internet system of working. Explain the
threats to information security encountered by businesses. 10
ANS:
Information
systems are prone to various threats, like theft of confidential records,
intellectual property leaks, personal identity thefts, espionage, privacy
violations, etc. These threats have caused losses of millions of rupees to
businesses. Most of the organizations worldwide have at some point of time been
affected by information security threats.
E-businesses thrive on
information technology, which consists of hardware, software, networks, the
Internet and the Web.
Q.5. “A
workflow management system is an automated application that administers and
defines an array of functions leading to a result”. Comment.
ANS:
Retail Workflow Management: In order to understand
the compliance of information technology in retail businesses, the
students of retail management must understand retail workflow and
workflow management systems. Enterprise applications and other software systems
are designed to meet the workflow requirements. As the workflow management
systems facilitate performance and management
Q.6.
Write short notes on: 5,5
a)
Barcode Technology
b)
Challenges for online retailers
ANS:
Barcode technology: Barcode technology is
one of the widely used methods of automatic identification. Automatic
identification or ‘Auto ID’ encompasses automatic recognition and
recording of data. This is common in printing and reading of information
encoded in barcodes, thereby eliminating the risk of human error. This
is an automatic identification technology. Barcode is a predefined format of
dark bars and white spaces. It represents data an optical machine-readable
Get fully solved assignment. Buy
online from website
online store
or
plz drop a mail with your sub code
we will revert you within 2-3 hour or
immediate
Charges rs 125/subject and rs 700/semester only.
if urgent then call
us on 08791490301, 08273413412
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