NAME : EDLIGHT Z MHARADZE

MIS 101 : ICT APPLICATION SYSTEMS

ACCOUNT : AAA201
Internet of things (ICT)

It is a technological trend or development that developing countries with poor standard of living
(developing countries) such as Zimbabwe can adopt to boost their economies so as to improve the
welfare of their populations .The internet of things describes devices with sensors ,processing
ability , Software and other technologies that connect and exchange with other devices and systems
over the internet or other communications networks.
Types of internet of things (IoT)

1.CONSUME IoT –refers to personal and wearable devices that connect to the internet. These
devices are often reffered to as smart devices.

2.Industrial internet of things –The industrial internet of things is the system of interconnected
devices in the industrial sector. Manufacturing machinery and devices used for energy management
are part of the industrial internet of things.

3.Commercial IoT –refers to the tools and systems used outside of the home. For
example ,businesses and health care organization average commercial IoT for auditable data trails
and consumer management .
Advantages of internet of things (IoT)

-Improved quality of life of ordinary people in saving smart devices could save lives.

-Cost Reduction – Interconnected devices provide many opportunities for cost reduction.

-Higher Productivity – IoT can improve efficiency and productivity at work and in the industrial
sector.

-Health and safety – The technology help in save lives and medical advances have enables more
humans to reach old age.

Disadvantages of internet of thing (IoT)

-Lack of international standardization

-Risk of system – wide failures – A single bug or cyberattack could jeopardise the entire IoT network.

-Privacy and security vulnerabilities – managed IoT systems can expose sensitive data , and their
networked nature makes them susceptible to security breanches.
HISTOTY OF OK ZIMBABWE LIMITED .

OK Zimbabwe Limited has been in existence since 1942 and has established itself as a customer-
oriented retail organisation providing comprehensive access to a broad range of retail. Products and
allied services developed in response to its customers requirements for convenience and value. OK
Zimbabwe Limited was first incorporated as springmaster Corporation in 1953 , and in 1984 , It
changed to the current name in 2001 OK Zimbabwe Limited is a leading supermarket retailer listed
on the Zimbabwe Stock Exchange.

COMPANY VISION AND MISSION

VISIONS

¬OK will be the dominant retailer in Zimbabwe

¬OK will establish presence in the region

¬to strive to retain and grown our customer base through the provision of satisfying shopping
experiences

MISSION

OK business general retailing, providing quality merchandise in all market segments in Zimbabwe.
Also to build long term relationships with our suppliers and the community

AN INTRODUCTION OF THE CONCEPT

OK Zimbabwe limited operates as a large supermarkets retail . It purposes in the business is to

supply building material, pharmaceutical , household goods , houseware , liquor and food OK market
, food loves market , Bon Marche stores and OK stores are its brand in Zimbabwe

DEFINITION OF OK

It is a leading supermarket retailer listed on the Zimbabwe stock exchange

THE CONCEPT IN DETAIL

OK Zimbabwe limited has been in existence since 1942, and has established since 1942

BENEFITS OF OK ZIMBABWE LIMITED

¬no charge warries when shopping

¬access cash beyond banking hours through cashback facility

The OK shop is easy facility is a shopping that enables the customer to shop without cash
CHALLENGES OF OK ZIMBABWE LIMITED

¬it blames the environment and competition from information traders , compounded by increased
operational costs from security , labour , property rentals and cleaning services for the poor
performance.

THE CONCEPT VALUE OF OK ZIMBABWE LIMITED

¬OK Zimbabwe limited has a motto: “discipline , honest and integrity”. It believes that its goals will
be fulfil best through honest, intergrity and teamwork at the same time. OK Zimbabwe limited has
pride in the quality of services and are committed to excellence of quality in product and services. It
actions will be ethical and fair at all times. The group aims to create wealth and to contribute to
development by operating its business with due regard for economic, social , cultural and
environmental issues