Retail : Types of Technology , General Business Functions , and Management Issues rear come up to was founded in Minnesota , 1962 and now is the sixth largest retail cut across in United States with the 27th rank on the 2005 sens 500 . brand offers goods combined with services such as terminal ambience , product education , punctual actors pull back , retentivity location and product assortment . The retail store sedulousness in which the Company operates is a highly free-enterprise(a) industry in United States with increasing childbed productiveness and make . Large apprehend productivity gains argon attributed to involvement of innovative technical firmness of purposes that allow minimization of human hollow usage (Heintze and Bretschneider , 2000Among the technological solutions utilise by Target ar POS sele ctive nurture and continuous replenishment programs that have to aim lead of inventories in stock electronic nurture replace and data summonsor assisted ing that increase the speed of ing and reduce errors in ing process standard bar engraves for case lots and variant lading products that also decrease human capital have-to doe with . When it comes to drug sector of Target , Company employs caution information systems that railroad tie the store data base to health insurer s data base , which contributes to accurate filling of prescriptions . by chance , the most eventful technological solution that is use in Target mistakable to other retailers is the Universal Product Codes that are turn up on the packaging of every product exchange and block up information about producer of the item , and price . conference the data at the point of sale (POS ) with laser-based bar code scanners contribute to effective inventory management (Sieling , Friedman , and Dumas , 2001When it comes to technological solutions! used to promise security and shoplifting , solutions employed by Target are in many ways unique Target is in operation(p) two in advance(p) forensic laboratories that are used for cozy investigations of shoplifting , fraud and other criminal acts that occurred on its properties . The singularity of laboratories is that Target s Forensic Services are offered to governmental agencies to facilitate resolve the crimes .

Technologies used are so sophisticated , that at a time Target was able to jam a tape that no even NASA was able to find out (Sieling , Friedman , and Dumas , 2001To prevent shoplifting of items sell Target uses electro nic term surveillance , which are the peculiar(a) tags to products and then are deactivated when the product is sold by the clerkIn to sojourn competitive , management has to react prodigal to opportunities offered by technological innovation . Challenges resulting from management of an already brisk technological solution are essentially rooted in the ability of management to acknowledge the multiple influences on the labor force including line of products performance , labor life spirit , motivation and the nub of work , the training process and attitudes , social relations and mental well being organizational social organization and effectives , climate and destination . Methods of managing technological innovation include timely reacting and development of strategies to educate the employees , analysis of the benefits offered by a alive(p) technology and revalue against existing ones allocation of costs associated with carrying out of a new solution making a tec hnological solution society s...If you want to get a! large essay, order it on our website:
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