Question
Nice-Fit is a (fictional) small business producing outfits for costume parties and special occasions. Custom designs can be tailored to a customer's request. Tom and
Nice-Fit is a (fictional) small business producing outfits for costume parties and special occasions. Custom designs can be tailored to a customer's request. Tom and Ann are the owners of the company and source all the fabric, design the outfits and make the costumes themselves. Tom and Ann keep spreadsheets with information on the material purchased and costumes made, but they find it difficult to keep track of their products, raw materials, and sales. The clothing is sold at local weekend markets, sold, or rented through costume hire shops, and sold at their physical store. Tom and Ann receive a small percentage of the sales and rentals of their costumes from the hire shops. They have no information on customers other than those who request custom designs directly from them. In 2020, the Covid-19 pandemic had a major impact on global economies, businesses and how we work. Managing business through this situation continues to be challenging. Accordingly, Tom and Ann decided to change the way of work by utilising modern technologies. 1- Discuss how adopting new information systems will produce an organisational change for Tom and Ann's business. 2- Explain the changes in Tom and Ann's business model. 3- Discuss the benefits of digitising the business model on Tom and Ann's business.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started