Unethical IT Scandal
Unethical behavior in business is one of the most contended topics in industry as behaviors ranging from artless misconducts to colossal caricatures can offend a large sum of populaces. In 2014, Tesco, one of the largest supermarkets in Britain, was caught exaggerating its financial records after proceeds acknowledgment indiscretions were marked during its mid-year results. Consequent to changes in manufacturing, business management, and rising opposition from competitors and markdown chains, Tesco witnessed a deterioration in sales resulting in the resignation of its chairman during an internal enquiry into the corporation’s revenue recording. However, Tesco stated that the inconsistency was a result of booking revenues from contractors earlier to secure main spots on the shelves and also to endow advertising events (Persiani, 2017).
Conferring to the Tesco scandal, a supermarket with a high point of sale (POS) system is the best to implement as it upsurges sales, keeps a summary of stocks and delivers quality client facility. Additionally, a right POS can be easily accessed through a browser, saving up on new equipment to run the business meaning managers can keep up with business activities on their phones or computers as long as they have internet connectivity. Also, difficulties related to the service are deciphered by the provider, ensuring that all glitches are taken care of promptly and inexpensively. Furthermore, since all data is backed up in the cloud, managers do not worry about losing data, and the system does not need any installations. However, although POS systems are available at a subscription fee, it is not convenient for all retailers, so monthly subscriptions may end up being expensive depending on features one needs to add on in their business (Pezzini, 2018).
I would convince the managers that the system was vital as they could customize the registers the way they desired, allow customers to make security deposits for partial goods payments, increasing cash flow to run the business. Additionally, the functions of the POS system would allow secure handling of returns and refunds.