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Question 1:
‘The internet has the potential to turn business upside down and inside out, to fundamentally change the way companies operate, whether in the high-tech industry or in the manufacturing sector.'
Discuss this statement by giving a full description of Internet-based services and how these can impact a business.
Question 2:
a. Describe the five-force model developed by Michael Porter which describes the factors influencing the development of a competitive advantage.
b. Choose any TWO of the forces and describe how information systems may be used to help in the development of a competitive advantage.
introduction
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