Information systems, organizations, and strategy
4 important questions on Information systems, organizations, and strategy
Name the six features of organizations
2. politics
3. culture
4. environment
5. disriptive technologies: riding the wave
6. organizational structure
Explain porter's competitive forces model
market entry barrier differs per market (pizza is simple, computer chip business is hard)
suppliers
the more different suppliers a firm has the more control it can exercise in term of price
substitute products
itune / cd benzine/electric
customers
switch easy to a different firm
Strategies for dealing with competitive forces
product differentiation - use IS to differentiate products
focus on market niche - use IS to enable a focused strateg on a single market niche
customer and supplier intimicy - use IS to develop strong ties and loyalty with customers and suppliers
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
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What are synergies, core competencies, and network based strategies?
enhancin core competencies - be world leader in one thing and let the knowledge help for other products
network-based strategies - ecnomics (tv community with 10 or 10million subscribers doesn't matter
virtual (no production)
business ecosystem - mobile internet plaform
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
