You are the founder of a new business you have named, MailSurprise! It is based

Question

You are the founder of a new business you have named, MailSurprise! It is based on the idea that people really enjoy getting packages in the mail. Your customers pay $10 and you mail to them a random product that is a novelty item, a unique gadget or an unusual kitchen utensil. You get your inventory from retail stores selling off overstocked and excess inventory. You buy only the most interesting or unique items in bulk so you can get items at well below wholesale. What IT do you need to run your business? Think of your transactions, the management information you need to make decisions, Porter's five forces model and other IT we discussed in class.

Explanation / Answer

There are various IT systems that are needed for this type of business. They are as follows-

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