Popularity of technology in the current marketplace

Assignment Help Operation Management
Reference no: EM131414862

The integration, acceptance, and popularity of technology in the current marketplace and workplace are widespread, particularly with respect to marketing. Marketing opportunities have exploded with the rise of digital technology and the Internet, and with those opportunities have come new ways to make marketing decisions and interact with customers. As do all businesses, small businesses should be concerned about the customer experience. Emerging mobile technologies make it possible “to elevate the classic brick-and-mortar shopper experience.”

The goal of this learning activity is to consider how technology can positively impact business initiatives.

Assume that you have a friend who owns a small office-supply business. Your friend is doing fairly well, but you are convinced that integrating more technology into his marketing efforts would increase sales. What would you recommend to your friend? How might technology add to customer value and a positive cash flow? Please provide specific examples.

Reference no: EM131414862

Questions Cloud

What options do employers have for compensating providers : What options do employers have for compensating providers? What role does reinsurance play in provider reimbursement? What limitations exist (e.g., state or federal laws)? Provide examples to support your ideas.
Market focus help business create competitive adavantage : How does market focus help a business create competitive adavantage? What risks accompany such a posture? Do you think it is better to concentrate on one source of competitive advantage ( cost versus differentiation versus speed)?
Make sure the integrated program management report : Which of the following describes the purpose of data validation checks? To make sure the Integrated Program Management Report (IPMR) data do not contain anomalies that would make them invalid and negatively impact management decision making.
Encouraged the mass destruction of rainforest : The increased demand of palm oils in prepared foods has encouraged the mass destruction of rainforest in Indonesia for the purpose of planting palm tree plantations. The loss of rainforest threatens the ecosystem and many animal species.
Popularity of technology in the current marketplace : The integration, acceptance, and popularity of technology in the current marketplace and workplace are widespread, particularly with respect to marketing. How might technology add to customer value and a positive cash flow?
Project proposals estimated costs and benefits : What is the net present value of the following project proposal’s estimated costs and benefits (show your work)? The estimation period is 3 years and the risk-free interest rate is 3%. In the first year of the project, there will be an investment of ..
Below are three different aspects of management : Below are three different aspects of management, all of which require the role of an agent of change. Human Resource Management, Sustainability, and System Approach to Organizational Change. What famous business, religious, community or political lea..
Three different aspects of management : Below are three different aspects of management, all of which require the role of an agent of change. Human Resource Management, Sustainability, and System Approach to Organizational Change. How can you apply what you have learned about these three c..
What is markets role in driving sustainability in industry : What is the market’s role in driving sustainability in your industry? How is that different from the role of market forces in driving sustainability in your industry? Do you agree with Jacobs (1993) that the latter is more influential than the former..

Reviews

Write a Review

Operation Management Questions & Answers

  Job analysis-job descriptions and job specifications

Apply basic human resource management terms and concepts. Directions: For this assignment, you will interview a manager about their role regarding Human Resource Management (HRM). How do you build the right team? (i.e. HR planning, job analysis, job ..

  What is difference between just-in-time and just-in-case

What is the difference between Just-In-Time” and “Just-In-Case”? Among the five production types (project shop, job shop, batch shop, assemble line, and continuous flow line) discussed earlier in the class, which types will be most likely to use Just..

  Methods used to measure process performance

Topic: Make to Stock vs. Make to order or Measuring Process Performance. Review and reflect upon this module’s text, discussion board postings, and journal article summaries. Write a two to three page paper on one of the following: The benefits and c..

  Identify major trade-offs associated with sourcing locally

Select a component or finished good that you are familiar with that is sourced from a low-cost country. Develop a total cost value proposition to evaluate the potential of continued sourcing from low-cost country. identify the major trade-offs associ..

  Techniques to develop information systems

Discuss how organizations can utilize good project management techniques to develop information systems.

  Difference between land bridge-mini-bridge and micro-bridge

What options do exporters and importers have to manage risk? What  is the difference between a land bridge, mini-bridge and a micro-bridge. IdentiIdentify some of the advantages and disadvantages of over-the-road carriers compared to the other modes ..

  Describe progress through the project life cycle

A quality response will apply the components of the definition of a project; describe progress through the project life cycle; and reference quality of managing the scope, time and cost (the three project objectives).

  Produces two popular grades of commercial carpeting

Lulu Manufacturing produces two popular grades of commercial carpeting among its many other products. In the coming production period, Lulu Manufacturing needs to decide how many rolls of each grade should be produced in order to maximize profit. If ..

  Environmental issues are rising to the forefront

Environmental issues are rising to the forefront and suggested remedies for the protection our environment have price tags in the billions and trillions. How should governments deal with these issues.

  Describe challenges globalization presents to trade unions

Describe the challenges globalization presents to trade unions and how trade unions should respond to these challenges.

  About the contribution margin ratio

Rothe Company manufactures and sells a single product that it sells for $200 per unit and has a contribution margin ratio of 25%. The company's fixed costs are $43,000. If Rothe desires a monthly target operating profit equal to 20% of sales, sales w..

  Customer has returned relatively expensive and damaged

There are four grocery stores in your neighborhood and you are the manager of one of them. A customer has returned a relatively expensive and damaged item for a refund without a sales slip. You know that the item is carried by all four stores and you..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd