Group 3 Retail

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Computers and their uses

The use of computers in retail expedites the purchasing process for all retail stores that are not affected by shipping restrictions. From organizing stock and paying employees to selling their product via the World Wide Web. In the 1990's Wal-Mart used computer networks to track it's inventory and beat it's competitors. Since 2000 Wal-Mart has had online shopping that allows a customer to purchase products and is now in close competition with Amazon. Now with the out-landish idea of deploying drones to deliver products to customers' homes or places of business.

Advantages

  • Speed
  • Ease of use
  • Organization
  • Anyone can do it
  • Cost effective

Disadvantages

  • Theft
  • Fraud
  • Hackers
  • Susceptible to electronic attack. (possible economic collapse)




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