Saturday, August 14, 2010

Dizzy Squizzy Bouncy Crazie






Okayy so I was kind of busy trying to link how Technology influnece Business.And tried darn hard to like it within 7 sentences. What do you guys think? : D

Analyze the major forces in the environment that are influencing a retail clothing store.

 Technology


In the urge of globalisation, technology has placed itself highly among other aspects in retailing business. In order to keep up the pace of ever-changing pattern in business retailing, it is almost a necessary for firms to operate alongside with the development of technology. Hence, the adoption of technology offers no boundaries in business and firms no longer need branches around the world in order to operate. Wireless operations through internet (also known as e-commerce) can be conducted around the world. Furthermore, man power and cost are remarkably lower than placing branches worldwide. For instance, a retail clothing store must not be conservative in their operation nor should they be risk averse hence they should try to widen their retail horizons via WWW (World Wide Web). In other words, when two companies situating side by side are selling the same product, minus the service factor, the company which left out internet access clearly looses out business by a certain percentage and the company which provides internet booking or internet services bound to get more profits from those abroad, overseas, or even consumers who are just too lazy to step out of the house and carry enormous bag of clothes back.  



Sometimes I think life just f*ck us and expect us to take it all in with a smile eh?

1 comment:

  1. aiz... welcome to the digital age. Sick world. Imagine how the future would be like... Evernet world maybe?

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