Practical Networking in the Modern Business Environment

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Practical Networking in the Modern Business Environment Table of Contents Task 1 Task 2 Task 3 Task 4 Conclusion Introduction Networking architecture is vital in the organisation of any business firm in today's globalised world. RFID, Cloud Computing, Intranet Network Architecture and Digital Rights Management (DRM) are major fields of endeavour that require the resources of companies. Increasingly, all aspects of an organisation are linked via the Internet and various other technologies in ways of connectivity that we did not even imagine before. Task-1 Radio Frequency Identification (RFID) has been a vital part of the Wal-Mart Corporation's growth. At the beginning of the 1990s, Wal-Mart trailed K-Mart which at that time could negotiate lower wholesale prices due to its huge size. Part of Sam Walton's strategy for catching up was to set up a point-of-sale system. Such a system is a computerized network that identifies each item that is sold, locates the price in a computerized database. After this, the system creates an accurate customer sales receipt and stores item-by-item sales information for use in analysis of sales and reordering inventory. The strategic use of this helps Wal-Mart avoid overstocking issues by learning what merchandise items are slow sellers. This has made Wal-Mart's inventory and distribution system a world leader. For example, in 5 year period, Wal-Mart invested somewhere above $600 million IT "Wal-mart: attaining competitive," 1999) .
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