Geek Squad Case Summary

“All things are possible with the right technology!” said Helmut Schwartz, the recently appointed CEO of Globe Alive, Inc. (GAI), an Edmonton-based software company. Speaking at a monthly management meeting of GAI executives, Schwartz continued. “With the right technology in our organization, we can facilitate efficient communication between global partners, discern in-bound supply chain elements from out-bound shipments, expedite customer orders in a timely manner, electronically transfer funds around the world, and monitor employees to ensure they are being productive. And that list is by no means exhaustive. Believe me when I say, all things are possible with the right technology. When I shared

Competition within the industry is high and continues to grow as competitors strive to intensify their presence by offering similar

Over the years, technology has become a major part for a business and for an individual as well. Technology has become so advance that it has made a major effect for the staff as well as for the customers. New technology has helped in many areas such as data and information storage, advertising, transportation and communication.

As technology continue to refine how products and services are delivered to consumers, competition among industry participants becomes more refined. Organizations that are able to keep up with changing technologies become leaders while those that are not fall behind. Mergers and acquisitions are increasing while causing small businesses to sell out or seek partnerships and cooperatives in order to remain competitive and relevant.

Competition is a natural benefit of capitalism. Some companies are referred to as “Big Shots’’ because they charge high prices for their products or service. A massive benefit of competition is innovation getting companies to think outside the box for newer, better and cheaper products and

The five forces used to analyze the level of competition formulated by Porter are the threat of new entrants, the bargaining power of suppliers, the bargaining power of buyers, the threat of substitute products or services and rivalry among existing competitors (M. E. Porter, 2008). Two additional forces, proposed by Boehlje & Olson (2010), provide an external dynamic to Porter’s original five forces, namely technology and other drivers of change. In order to use the Porter five forces as an adequate backbone for describing the competition in our desired sector, we need thorough knowledge of the factors comprising these forces. We begin by providing an overview of general important factors used in recent literature.

copyrighted content not limited to a single format and subsequently an increase in online piracy. This

The age group of people who use computers and phones has switched from just adults to all age groups over time. Making everyone more accessible and a bigger range of markets to be explored.

Competitive rivalry exists between companies with the same or similar products/services and similar markets. Factors to be considered include:

The impact of disruptive technology has changed the way of doing business of the companies that are discussed in this case.

In order for a company to be able to compare itself with its rivals in terms of competition intensity and profitability, the five forces model can be used. This model is consisted of three ‘horizontal ' sources of competition these are the threat of substitutes, the threat of new entries and the competition among rivals. The other two ‘vertical ' sources of competition are the power of suppliers

One of the more interesting figures that can be used to describe the effectiveness of a well-planned integration process for technology and the American people is the creation of new jobs. In monthly employment reports released by Obama-Biden Administration, an estimated 20% of all jobs (based in an office environment) generated in the United States over the past five years were in the field of technology. To put these figures into numerical terms, America currently has about 5 million jobs that are vacant and over half a million of those job openings are in information technology fields like software development, network administration, and cybersecurity. (Office of the Press Secretary, 2015) Another significant fact regarding the creation of jobs in the technology sector and the industry as whole is the fact

Rival organizations offers similar products, has the same resources and focuses on the same customers base. The main objective of this report is to study the competition between

• Many brands compete with each other to gain more customers, which increases the product-competitiveness and price-competitiveness

According to Borkowski (2016) three drivers of change include external forces such as political-legal forces, economic forces and technological forces (Borkowski, 2016). Such forces cause organizations to adopt new strategies to address these forces. Political-legal forces, such as terrorism and an epidemic of diseases, impact organizations worldwide. Inflation, deflation, and recession are examples of economic forces that affect the value of the dollar and how Americans spend their dollars. Technological forces are a major force demanding organizations to adapt new guidelines. The Internet is an example of a technological force. The Internet creates a robust world of trade among buyers and sellers as they have quick access to one