be made to implement a solution………. (10 marks)Solution with the help of IT, to the business problem faced by customers and even suppliers with change in daily prices of commodities like timber: - 1. Separate Online Portal: An online separate portal can be created wherein the daily prices of all such commodities can be updated so that all the customers and people related with the work are abreast of the daily changes in prices. The prices should be listed by keeping constant measuring standards so that it’s easy for people to easily get handy of the knowledge. 2. Skills training: It is mandatory for people to get equipped with knowledge of the new technology that is implemented. This helps in continuous information flow without any obstruction. The people would be trained in computer skills, software handling, navigation knowledge, online functioning etc. to provide knowledge regularly and consistently without any hurdles. 3. Resources and time: Whenever there is new technology in a business, it requires resources and time. Companies hire new employees or train existing employees or both to keep themselves abreast of the advancements. 4. Threats: Whenever there is a new technology implement in business, it is open to threats and other violences in code of conduct. In this case if the business gets online, they may face problems in handling bulk data and to keep it safe from hackers, crackers etc. When there is requirement of daily updates with the prices in commodities, it is essential to bring such a mechanism which is hard to be taken down by hackers. This will help make their business sustainable.
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- Winter '13
- Mohammed Haneef
- Mobile Web, Computer reservations system, Orbitz