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
For this question you will analyse box office receipt data for two movies: Harry Potter 1: Sorcerer's Stone and Pirates of the Caribbean 1: Curse of the Black Pearl . Go

Is someone in this field able to consult with me on a Situation Analysis I am currently working on?

Excel is often used to perform "what-if" analyses. In these, a model that depends on a number of variables is constructed, and the outcomes predicted by the model are determined fo

Current traffic pattern given as below.                                                 ZONE DESTINATION ZONE ORIGIN 1 2 3

What Is Strategy & Why Strategy Is Important? Managers at all companies facade three innermost questions in view strategically concerning their companies' current circumstances

Recommendation for future strategies, Strategic Management. Conclusion

Four perspectives of the balanced scorecard Customer perspective e.g. what should we do right for our customers and what do they value? Internal perspective e.g. what

Q. Show the Merits of residual income? Merits of residual income (RI) -  Consistent or goal congruence with profit maximisation e.g. an enforced measure of profitability.

A university has a small dorm with four rooms, in which three sophomores, A, E, and J, and a freshman, C, are residing. Not being equipped with gas/electricity meters for individua

EIGHT STAGE PROCESS