Case Analysis: Carefully Read The Case Below And Answer ✓ Solved
Case Analysis: Carefully read the case below and answer the questions that follows with suitable justifications. Protecting Wireless Communications at Olympia Olympia is a 140-store family-owned sporting goods, apparel, and footwear retailer. It recently launched a Wi-Fi system that was to be used for such store management functions as inventory management, price lookup, returns processing with vendors, and a communication link with field supervisors and district managers. A major concern to Olympia has been the protection of its Wi-Fi system from hacking and other breaches. The PCI Security Council has issued compliance guidelines for retailers and other organizations that process electronic payments through local area networks (LANs) to protect these data. The council has also recommended that large firms use automated anti-intrusion systems. By using wireless anti-intrusion systems, retailers and other organizations can check for unauthorized devices, bogus files, and rogue clients on their networks. During a test of its new system at its Oman Avenue Mall, Olympia identified several security issues that needed to be resolved. Olympia also plans to adapt its Wi-Fi system for consumer usage. Potential consumer applications include hotspot access points, multi-channel capabilities, and in-store payment processing. Olympia will have to expand its online security system even further to cover these new applications. Questions for Discussions: A. Identify and explain the retail environment discussed in the above case. i. (2M) B. How does Olympia business succeed in the retail environment discussed in the case? (1M) C. What limitations can be faced by Olympia with current retail environment? Recommend suitable ways to overcome it. (2M) 2. Al Maya supermarket is the grocery buyer for canned fruits and vegetables at a five-store supermarket chain. Del Monte company, has told Al Maya boss that it would be responsible for making all inventory decisions for those merchandise categories. Del Monte will now determine how much to order and when shipments should be made. It promises a 10 percent increase in gross margin dollars in the coming year. Questions for Discussions: A. Would you consider Del Monte for its offer? Comment. (1M) B. Can Al Maya supermarket increase its market share with the help of Del Monte company? (2M). C. What can be the limitation of having Del Montes assistance. (2M) 3. Case Analysis: Carefully read the case below and answer the questions that follows with suitable justifications. Superstores, hypermarkets and category killers in shopping malls rarely use window displays, but have bold fascia and easy to access entrances. Standalone stores may have to conform to strict architectural guidelines imposed by government planning authorities, whilst the centre management team may control the exterior of stores in a planned regional shopping centre. Entrances can be designed to be open and welcoming, or closed and exclusive. A key consideration for retailers is the need to be accessible for all members of society. The interior of a store can be viewed in a similar way to living space. It comprises ceiling, walls, flooring and lighting, but instead of furniture retail outlet houses fixtures for the presentation of merchandise, and fittings for equipment such as tills. In choosing the materials used for the interior, retailers have to consider the type of product being sold, costs, store traffic and health and safety. Questions for Discussions: A. What do you understand by store fascia? (1M) B. Do you agree that stores having attractive store fascia have customer flow? (2M). C. Apart from store fascia do you consider store interior as another factor for increase in customer traffic. Justify you answer. (2M) 4. Is the wheel of retailing theory applicable today? Why or why not? (2.5M+2.5M). 5. Analyse and explain is non-store retailing gaining traction in Oman? Justify your answer. (1M+4M). 6. Why is store location such an important decision for retailers? Elucidate. (5M) 7. From the retailer’s perspective, compare the benefits of locating in unplanned business districts versus planned shopping centres. (2.5M+2.5M) 8. Analyse and explain does the supermarkets in Oman inculcate tracking stock levels in real time? (5M) 9. As a new retailer, how would you research the attributes of a specific supplier? Elucidate. (5M) 10. Suggest and explain which layout is most suitable for large stores that are single level? What can be the benefits of having such a layout. (5M)
Case Analysis: Carefully read the case below and answer the questions that follows with suitable justifications. Protecting Wireless Communications at Olympia Olympia is a 140-store family-owned sporting goods, apparel, and footwear retailer. It recently launched a Wi-Fi system that was to be used for such store management functions as inventory management, price lookup, returns processing with vendors, and a communication link with field supervisors and district managers. A major concern to Olympia has been the protection of its Wi-Fi system from hacking and other breaches. The PCI Security Council has issued compliance guidelines for retailers and other organizations that process electronic payments through local area networks (LANs) to protect these data. The council has also recommended that large firms use automated anti-intrusion systems. By using wireless anti-intrusion systems, retailers and other organizations can check for unauthorized devices, bogus files, and rogue clients on their networks. During a test of its new system at its Oman Avenue Mall, Olympia identified several security issues that needed to be resolved. Olympia also plans to adapt its Wi-Fi system for consumer usage. Potential consumer applications include hotspot access points, multi-channel capabilities, and in-store payment processing. Olympia will have to expand its online security system even further to cover these new applications. Questions for Discussions: A. Identify and explain the retail environment discussed in the above case. i. (2M) B. How does Olympia business succeed in the retail environment discussed in the case? (1M) C. What limitations can be faced by Olympia with current retail environment? Recommend suitable ways to overcome it. (2M) 2. Al Maya supermarket is the grocery buyer for canned fruits and vegetables at a five-store supermarket chain. Del Monte company, has told Al Maya boss that it would be responsible for making all inventory decisions for those merchandise categories. Del Monte will now determine how much to order and when shipments should be made. It promises a 10 percent increase in gross margin dollars in the coming year. Questions for Discussions: A. Would you consider Del Monte for its offer? Comment. (1M) B. Can Al Maya supermarket increase its market share with the help of Del Monte company? (2M). C. What can be the limitation of having Del Montes assistance. (2M) 3. Case Analysis: Carefully read the case below and answer the questions that follows with suitable justifications. Superstores, hypermarkets and category killers in shopping malls rarely use window displays, but have bold fascia and easy to access entrances. Standalone stores may have to conform to strict architectural guidelines imposed by government planning authorities, whilst the centre management team may control the exterior of stores in a planned regional shopping centre. Entrances can be designed to be open and welcoming, or closed and exclusive. A key consideration for retailers is the need to be accessible for all members of society. The interior of a store can be viewed in a similar way to living space. It comprises ceiling, walls, flooring and lighting, but instead of furniture retail outlet houses fixtures for the presentation of merchandise, and fittings for equipment such as tills. In choosing the materials used for the interior, retailers have to consider the type of product being sold, costs, store traffic and health and safety. Questions for Discussions: A. What do you understand by store fascia? (1M) B. Do you agree that stores having attractive store fascia have customer flow? (2M). C. Apart from store fascia do you consider store interior as another factor for increase in customer traffic. Justify you answer. (2M) 4. Is the wheel of retailing theory applicable today? Why or why not? (2.5M+2.5M). 5. Analyse and explain is non-store retailing gaining traction in Oman? Justify your answer. (1M+4M). 6. Why is store location such an important decision for retailers? Elucidate. (5M) 7. From the retailer’s perspective, compare the benefits of locating in unplanned business districts versus planned shopping centres. (2.5M+2.5M) 8. Analyse and explain does the supermarkets in Oman inculcate tracking stock levels in real time? (5M) 9. As a new retailer, how would you research the attributes of a specific supplier? Elucidate. (5M) 10. Suggest and explain which layout is most suitable for large stores that are single level? What can be the benefits of having such a layout. (5M)
Sample Paper For Above instruction
The given case discusses Olympia, a family-owned retail chain specialized in sporting goods, apparel, and footwear, which has implemented a Wi-Fi system to streamline store management functions such as inventory management, pricing, returns processing, and communication with managers. The case highlights the importance of securing these wireless communications from cyber threats such as hacking, unauthorized access, and data breaches. Olympia's efforts to ensure data security align with modern retail environments that heavily rely on digital infrastructures and connectivity. The retail environment in this case is a technologically integrated retail setting where digital systems enhance operational efficiency and customer experience but also pose risks related to cybersecurity.
Olympia's success in this environment depends on its ability to leverage technology while maintaining robust security. By adopting compliant wireless security measures, implementing automated intrusion detection systems, and continuously monitoring network vulnerabilities, Olympia can safeguard its data, sustain trust with its partners, and maintain operational continuity. To succeed, Olympia must also expand its online security practices to include consumer-facing applications, creating additional protection layers for sensitive payment and personal data.
However, multiple limitations are evident in this environment. Challenges include the risk of cyber-attacks, the complexity of implementing multi-channel security measures, and the potential for costly security breaches that can damage reputation and incur financial losses. Overcoming these limitations requires investing in advanced cybersecurity infrastructure, regularly updating security protocols, training staff on cybersecurity best practices, and adopting comprehensive cyber risk management strategies. Collaboration with cybersecurity experts and adhering to PCI compliance guidelines are crucial to enhancing the security framework.
The case of Olympia exemplifies the evolving nature of retail environments towards digital integration. As technological reliance increases, so does vulnerability to cyber threats, necessitating continuous innovation in security solutions and strategic partnership with security providers. Retailers must balance operational efficiency with data security to sustain competitive advantage and build customer trust.
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