Systems for a Retail Store Nostalgic Record
Any new store will require a series of accounting, e-commerce, finance, customer relationship management (CRM), pricing and services applications to ensure it stays profitable. When the products being sold are highly unique, as is the case with nostalgic music, the role of these systems becomes even more critical. It is the goal of this proposal to define five specific systems needed to operate the store profitably, in addition to listing the strengths and weaknesses of each. The five systems needed to successfully run the nostalgic record store include:
• Small Business Accounting System
• Low-end, preferably Software-as-a-Service (SaaS)-based CRM system
• E-Commerce Web Store
• Transaction-oriented Point-Of-Sales System
• Merchandise Inventory Management and Pricing Software System
Both the benefits and drawbacks of each of these systems are analyzed in this proposal.
Project Management: Budget, Cost, and Scheduling Guide
Project management has become so refined over the course of its development that the implementation of a project based on a good project management foundation is actually more important than having any in-depth knowledge or expertise in any particular industry (Badiru & Adedeji, 2012).
The four most common compositions of teams are the purely functional project structure, the pure project organization, cross-functional team, or a hybrid or matrix team (Field & Keller, 1998). Furthermore, there are a wide array of outsourcing and project partnering opportunities that can further complicate the network structure (Cleland & Ireland, 2006).