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
Q. Illustration of extrinsic reward? Monetary reward is an illustration of extrinsic reward and considered as the most important of all 'hygiene factors' according to Frederick

TASK 1 What are the key system applications in a business? What role Data/Information plays to support the management decision making. Examine the criteria to be applied when

Consider the Chester River Health System (CRHS) Strategic Planning example. Taking information only from these two sources into account, formulate an Environmental Assessment of CR

how has quantitative analysis changed the current scenario in the management world today?

Q. Show the Cost based approaches - Method of transfer pricing? The pricing of products or services are based on their full or variable (marginal) production cost per unit. Ful

1.  Execute an e-strategy in an organisation. 2.  Develop processes to monitor the execution of an e-strategy in an organisation. 3.  Assess how an e-strategy contributes to

An industrial accident may be defined as "an occurrence. Which interrupts or interferes with the orderly progress or work in an industrial establishment." According to the Facto

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

conduct a strategic analysis, and write a report on a real-life business (MYER) . This report will focus on business-level strategy.

Integrated Marketing Communication (IMC ) and Marketing Channel strategy : Develop a promotional strategy addressing the advertising and sales promotion aspect of communic