Business and Opportunities for Woolworths- myassignmenthelp.com

Question: Discuss about theBusiness and Opportunities for Woolworths. Answer: With the increasing ramification of economic changes and complex business conditions, each and every organization is adapting online business in their business functioning. Many retail stores such as Wesfarmers, Woolworths and Mayer have adopted cyber computing enterprises resources planning in its business functioning with a view to create value in its business process. In this report, Dhaka Supreme retail Stores Company has been taken into consideration. It is observe that this company has been running its business on international level by using effective cyber computing enterprises resources planning in its operating system. It is evaluated that company has to imports all of its goods from vendors and render it to its other departments. It is further observed that company has quality checking department in which all quality of goods and services would be checked throughout the time (Ahokangas, et al. 2014). Dhaka Supreme retail Stores Company has adopted cyber computing enterpris es resources planning in its business functioning which will not only increase the efficiency of its business but also establish automation in its value chain activities. This level of changes in the business is done on the basis of adoption of cyber computing enterprises resources planning. This will help organization to create a dashboard portal which could be used by clients to surf online and explore companys goods and services on online portal. However, with the changes in clients need and demand, it will increase the overall efficiency and effectiveness in determined approach. This cyber computing enterprises resources planning system will also help company to increase the overall communication effectiveness and overall clients satisfaction. In addition to this, if Dhaka Supreme retail Stores Company has adopted cyber computing enterprises resources planning in its business functioning then it will increase the cyber-attacks, bombing and reducing the overall time behavior in d etermined approach (George Wynn, Turner and Lau, 2013). Quality of goods and services offered in market will not only increase the overall efficiency of business but also decrease the overall complexity of business. However, changes in business installation process and adopting cyber computing enterprises resources planning in its business functioning will increase the overall productivity in determined approach. Dhaka Supreme retail Stores Company is retail store which has indulged in providing wide range of goods to men, women and other accessories. It is the fastest growing retail store that is expanding its business throughout the time (Choudhuri, 2014). Dhaka Supreme retail Stores Company has adopted cyber computing enterprises resources planning in its business functioning that allows their consumer to interact with the physically available goods. This will mitigate all the possible hurdles and increase the clients experience in online shopping. In future, if Dhaka Supreme retail Stores Company wants to create core competency in market then adoption of cyber computing ERP system will increase the overall efficiency and automation in its various activities. However, due to vulnerability of technologies, company needs to install anti security program to overcome the negative impact of cyber-attacks and data privacy loop holes (Ahokangas, Juntunen and Myllykoski, 2014). The technology can change and give easier way to meet their consumer to retail stores. This type of supermarket gives all kind of product in one roof and customer needs not to waste their time to look around for likely products. Social media is also the key feature for the growth of the retail business as it may passes the quality and customer experience with other people (George Wynn, Turner and Lau, 2013). There are many retailers which newly come to retail store market and such type of competition is good for the future growth of the retail stores. As retail stores are very traditional in the market it is also less in cost in comparison with online products through online products includes delivery charges and other charges. The future retail stores are bringing more simplicity to available their product as nearest to the consumer (George Wynn, Turner and Lau, 2013). This type of large and huge supermarkets provides more ductility and aside the difference of offline and online bus iness (Ahokangas, et al. 2014). Myer is going to adopt various types of new arrangements which may provide better facility to the consumer. One of the most important things of retail stores is that it provides representatives for displaying the product. It gives positive response to the consumer (Ahokangas, Juntunen and Myllykoski, 2014). References Ahokangas, P., Juntunen, M. and Myllykoski, J., 2014. Cloud computing and transformation of international e-business models. InA Focused Issue on Building New Competences in Dynamic Environments(pp. 3-28). Emerald Group Publishing Limited. Ahokangas, P., Matinmikko, M., Yrjola, S., Mustonen, M., Posti, H., Luttinen, E. and Kivimaki, A., 2014, April. Business models for mobile network operators in Licensed Shared Access (LSA). InDynamic Spectrum Access Networks (DYSPAN), 2014 IEEE International Symposium on(pp. 263-270). IEEE. Choudhuri, P.S., 2014. Scope of E-business opportunity in life insurance sector: A study on life insurance corporation of India.South Asian Journal of Marketing Management Research,4(3), pp.95-106. George Wynn, M., Turner, P. and Lau, E., 2013. E-business and process change: two case studies (towards an assessment framework).Journal of Small Business and Enterprise Development,20(4), pp.913-933. Zhu, Z. and Lin, S. F. 2015. Entrepreneurial Perceptions and E-business Opportunity Discovery: Evidence from China.