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.Consumer IoT –refers to personal and wearable devices that connect to

the internet. These devices are often refered 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 branches.
 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