The Growth Of Internet And Computer Technologies

1290 Words6 Pages
Q1. The growth of Internet and computer technologies have created new opportunities to better serve the corporations and consumers. Describe 3 new technologies that have changed the ways people communicate or the ways companies conduct their business. ANS: New technologies offer services and products that otherwise would be too difficult, costly, or time-consuming and the Internet allows traditional competitors to introduce new products and services and lure customers away. It helps a lot in cost saving. • Wireless services helps market and sell the phone to promote its cell phone services. Other companies supply apps that consumers can purchase to extend the functionality of both the phone and the wireless service. • High-speed data…show more content…
Apple Computer uses focused differentiation to help sell its computers to a narrow target market of graphic designers and educators rather than the general population of computer users. Apple’s innovation on the ITunes store together with the widespread use of the IPod. The corporate strategy is focused on being a market disrupter, and in turn a market maker, by focusing relentlessly on the customer experience. Walmart has literally invented efficient customer response systems that enable it to maintain its low-cost leadership strategy for its physical stores, re-creating a different or separate logistics supply chain is proving difficult and expensive. Walmart has not been that involved in online shopping but now it’s being forced to increase its Internet presence based on Amazon’s success. Walmart has literally invented efficient customer response systems that enable it to maintain its low-cost leadership strategy for its physical stores, re-creating a different or separate logistics supply chain is proving difficult and expensive Q3. What is a "Virtual Company"? Which of these are virtual companies? Airbnb, Uber, Turbotax, Amazon, eBay, Priceline, Orbitz, and Chegg. What are their strengths and weaknesses? Could you name 3 more virtual companies? ANS: Virtual Company use electronic means to transact business as opposed to a traditional brick and mortar business that relies on face-to-face
Open Document