Infrastructure changed to accommodate the industry, Strategic Management

This introduction of technology (for example, the Internet/mobile technology/software) has eliminated some industries and has significantly impacted/threatened several others. However technology has also created entirely new markets and formed the basis of thousands of new businesses. The Internet has enabled new products and services, new business models, and new industries to rapidly develop.

As a consequence of technology and ecommerce, universal standards have developed that any company can use them, reducing the competition of rivals to comparing price and service alone, and for new competitors to enter the market. Since information is available to everyone, the Internet and use of (mobile) technology has raised the bargaining power of customers, who can quickly find the lowest-cost provider on the web.

REQUIREMENTS:

An example of an industry or business or market that the introduction of technology / the Internet has rendered obsolete/redundant or has severely threatened it

or perhaps

An example of an industry or business or market that has been created with the introduction of technology / the Internet.

Or both!!

 Include the following in your discussion:

The benefits that this industry, business or market has brought to the customer or any challenges that have impacted the customer.

How do you believe the business process has changed, if any, since the introduction of technology?

Discuss whether / how the product or service has changed to cater to the customer (whether online or physically)?

How has the infrastructure changed to accommodate the industry, business or market?

Posted Date: 2/20/2013 2:30:35 AM | Location : United States







Related Discussions:- Infrastructure changed to accommodate the industry, Assignment Help, Ask Question on Infrastructure changed to accommodate the industry, Get Answer, Expert's Help, Infrastructure changed to accommodate the industry Discussions

Write discussion on Infrastructure changed to accommodate the industry
Your posts are moderated
Related Questions
Harriet's Fruit and Chocolate Company was established in 1935 in the Pacific Northwest of the United States to ship gift baskets of locally grown peaches and pears to customers in

The company is now aggressively working towards being the largest retail chain in the country and also being first in profitability.  At the same time the company is exploring maki


Tangy spices Ltd, the countries’ biggest spices marketer has decided to launch a hostile bid for Italy’s major spice marketer Chilliano. This is a rare case of an Indian company ma


Have you ever been involved in an effort to introduce a new product, service or technology in an organization? If so, share your experiences with the class. Provide the class wi

Discuss What is the importance of strategic management towards the success of a business? Ans) Strategic management used to play a dissimilar after the Second World War. Strateg

what are the advantages of using tha general nine electric model

Q. Explain about hopwood’s Self-control? Self-regulation e.g. members of staff or managers exerting self-control by the modification of their own behaviour.  This is essence de

Perform external and internal audits Follow the strategic development content then Aldi can perform external and internal audits. In external audit is considered an important