EPOS

Notes compiled by Kerstin:

Electronic point of sale (EPOS) and Electronic Funds Transfer at Point of Sale (EFTPOS) speed up transactions in shops and give vital information for businesses so can sort out their stock levels. EFTPOS means that shoppers can pay for goods and services using credit and debit cards.

Banks can use “hole in the wall” machines to deliver cash or take deposits – therefore remain open all hours.

Repair people can use handheld computers to work out what is wrong with the machinery they are examining.

Technological change in the office helps speed up the movement of information and improves the analysis of information:

Communication is improved through the use of the intranet and Internet. The intranet is an internal system of computer communication while the internet can be used to communicate with customers, suppliers amongst others in the outside world (through websites and email).

Workers can work away from the office using mobile technology such as phones, laptops and modems.

Computers can be used to process, analyse and store vast amounts of data to give the business more quality information.