Tech-Transformed Toy Store – Technology and Systems

Worksheet Description

In the business world, “technology” and “systems” are foundational elements that facilitate and optimize operations, decision-making, and service or product delivery. They have evolved significantly with the growth of the digital age, leading to increased efficiency, competitiveness, and capabilities for businesses of all sizes.

Technology, in the context of business, refers to the application of organized and scientific knowledge to solve practical problems. It encompasses tools, machinery, equipment, and various processes used to produce goods or services or to achieve objectives.

Imagine you inherit an old toy store in your town, which, while cherished for its nostalgia, hasn’t updated its operations in decades. You decide to introduce modern technology and systems to bring it into the 21st century. Describe the technological changes you would implement, from inventory management to online sales. How would these updates improve the customer experience, streamline operations, and ensure the toy store thrives in today’s digital age?