1. \"The Internet a typhoon force, a ten times force, or is it a bit of wind? Or
ID: 2305596 • Letter: 1
Question
1. "The Internet a typhoon force, a ten times force, or is it a bit of wind? Or is it a force that fundamentally alters our business?" (Grove, 1996). According to the meteorological analogy given by Mr. Andy Grove, Chairman of Intel, used with the Internet, explain how your organization can achieve significant cost savings and marketing benefits through the use of the internet technology (3 Marks) 2. All organizations operate within an environment that influences the way in which they conduct business; such environments create opportunities as well as threats Discuss the strategy of your organization according to the specificities of your business environment! (2 MarksExplanation / Answer
As per chegg policy only one question answered.
Please reupload the second one.
Answer:
"The internet is a force that fundamentally alters our business?"
Internet provides easy access to information. This is very different
from earlier business paradigms in which information was tightly controlled
by companies.therefore turns the producer consumer relationship upside down with the balance of
power going to consumer.
These disruptive forces fundamentally alter the competitive environment
in which organizations operate and force them to change in order to compete
successfully and in the long run to survive.
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.