Monday, April 14, 2008
1. Summary of technologies affecting retail
There are many different technologies affecting the retail employment field. We use most of them in our everyday lives without even realizing it anymore. The cash register was first created to keep money safe and make it easier for the sales person to make change. The register also prints a receipt for the customer. A barcode scanner is made to read barcodes. In retail we use them to easily determine the price of an object instead of having to take extra time to search for it.
Video surveillance is used in many places these days. More expensive stores have cameras around the shop to keep an eye out for shoplifters. Another security technology is the security tabs that they put on clothing. The tabs cause the security alarm to go off when a shoplifter tries to leave the store.
Gift cards are another useful technology. You can find gift cards for almost any store that can be worth any amount of money from $10 - $100. You can give a gift card to friends or family members when you aren’t sure what to get them for their birthday or Christmas. Credit Cards have probably affected the retail business the most. You would use a credit card if you don’t have enough cash to pay for something you wanted/needed. At the end of the month you would get a bill and that’s how you would pay for your purchase.
2. A detailed overview of one specific technology having the greatest impact on the workflow, role and evolution of the specific employment field
Credit cards have probably affected the retail business the most. You would use a credit card if you don’t have enough cash to pay for something you wanted/needed. Credit cards are small rectangles of plastic with a magnetic strip that the cashier swipes through a machine. Credit cards are different from Debit cards because they don’t remove money from the buyer’s bank with every purchase.
Credit cards have made such a big impact on the workflow of the retail field because they are much simpler to use when shopping. There isn’t as much cash floating around anymore because more and more people are using credit cards for almost everything.
For more information on credit cards go here http://en.wikipedia.org/wiki/Credit_card
3. An assessment regarding the benefits and drawbacks of the new technology
The benefits of the credit card are: they are much simpler to use instead of using and carrying around cash all the time. You just need your little piece of plastic. They are good for when you don’t have enough cash to buy an object that you want. They are also good for identification.
However this is also a problem. Credit cards make it so easy for people to use your (financial) identity and use your money without you even knowing which is a very serious issue. Another drawback is when your bill comes at the end of the month and you don’t have enough money to pay it. In this case, the bank would come and take things from you, such as furniture or electronics that would make up for the unpaid bill.
4. A futuristic vision of the career and predictions regarding even newer technological innovations will deliver positive change
I believe Internet shopping will become much more popular over the next decade. You will be able to buy anything online from clothing to your own groceries. People will become more dependent on their purchases to be delivered to their homes. More jobs will be open to people to help run websites, and jobs such as cashiers and salespeople will disappear. But identity theft will become an even bigger problem because it’s easier to get credit card numbers over the Internet.
Credit cards may even replace using cash entirely. It’s too much of a pain for people to have to work out exact change and have to dig through their wallets for useless pennies and dimes. It will be easier to use the credit card for everything.
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