Summary Example

Key Stakeholders in a Supermarket Business:

Stakeholders in a supermarket business include customers, employees, suppliers, and investors. Customers seek quality and affordability, employees desire fair wages and safe working conditions, suppliers require fair contracts, and investors aim for profit.

Advantages of Technology in Supermarkets:

✅Efficiency: Technology automates tasks like inventory management, streamlining operations.

✅Customer Experience: Online shopping and self-checkouts enhance convenience.

✅Analytics: Data analysis helps tailor offerings to customer preferences.

Disadvantages of Technology in Supermarkets:

❌Job Loss: Automation may reduce job opportunities for workers.

❌Privacy Concerns: Customer data collection can raise privacy issues.

❌Reliability Issues: Technical glitches can disrupt operations and frustrate customers.

Impact of Technology on Society:

Technology benefits society by improving communication, healthcare, and education. However, it can also lead to privacy breaches, job displacement, and environmental harm. Balancing the advantages and disadvantages is crucial.