TAILIEUCHUNG - Seminars in IT for Businesses - Lecture 7: Competing with information technology

After studying this chapter you will be: Identify several basic competitive strategies and explain how they can use information technologies to confront the competitive forces faced by a business; identify several strategic uses of information technology for electronic business and commerce, and give examples of how they give competitive advantages to business;. | Competing with Information Technology Lecture 7 By Dr. Sadaf Sajjad Chapter Objectives Identify several basic competitive strategies and explain how they can use information technologies to confront the competitive forces faced by a business. Identify several strategic uses of information technology for electronic business and commerce, and give examples of how they give competitive advantages to business. Give examples of how business process reengineering frequently involves the strategic use of e-business technologies. © 2002 McGraw-Hill Companies Chapter Objectives Identify the business value of using e-business technologies for total quality management, to become an agile competitor, or to form a virtual company. Explain how knowledge management systems can help a business gain strategic advantages. © 2002 McGraw-Hill Companies The Competitive Environment Threat of New Entrants Rivalry Among Existing Competitors Bargaining Power of Customers Bargaining Power of Suppliers Threat of Substitutes © 2002 McGraw-Hill Companies A firm can survive in the long run if it successfully develops strategies to confront five generic competitive forces that operate in the firm's relevant environment. As illustrated on the above slide these forces include: Threat of New Entrants. Many threats to long run survival come from companies that do not yet exist or have a presence in a given industry or market. The threat of new entrants forces top management to monitor the trends, especially in technology, that might give rise to new competitors. This is especially true as the effects of globalization increase the likelihood that previously "domestic only" competition will encounter new international competitors. Bargaining Power of Suppliers. Suppliers with access to key or limited resources, or who dominate their industries, may exert undue influence on the firm. Many firms seek to reduce their dependence on a single firm to limit the suppliers' bargaining power. .

• Thương mại điện tử
• IT for Businesses
• Seminars in IT for Businesses
• Information technologies
• Economic system
• Information age
• Internet technologies
• Small businesses
• Modern management of small businesses
• Foundations for small business
• Family businesses
• Business plan
• Marketing strategy
• Internet electronic community
• Electronic business
• Information technology support
• Information systems infrastructure
• Information systems
• Management information systems
• IT infrastructure
• Computer hardware
• Global business today
• Managing data resources
• Managing information
• Ethics in information technology
• Communication technology
• Communication technology on business
• Value driven business
• Information type
• Information quality
• Database integrity
• Database design
• Infrastructure of information systems
• Network applications
• Telecommunication networks
• Disruptive technologies
• Advantages of ebusiness
• Networking communities
• Organizational systems
• Enterprise applications
• Enterprise systems
• Information systems development