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eBUSINESS TCA
QUESTION 1
a.
BUSINESS MODEL AND DIGITAL DISRUPTION
.
The business model implies the plan an organization adopts to create services or products and
identify the target customer base, revenue streams, and financing of the business. The concept
focuses on four main dimensions, including value proposition, customer identification, revenue
sources, and cost structure
(Kopp, 2023)
. The value proposition describes the type of service or
product offered and the target customers, while delivery entails the mode in which the products
will reach the customers. In addition, revenue streams and cost structure, categorized under value
capture, detail how the business will benefit from the products through effective delivery
mechanisms. Ideally, a business model takes into consideration every aspect of an organization,
including its strengths and weaknesses, target market, type of product or services, and pricing,
among others.
On the other hand, Digital disruption implies the changes that occur in digital technologies
impacting the existing business model. Digital disruptions lead to significant changes in the
value of the products or services offered, delivery, and customer perceptions. As such, the
concept covers multiple domains, including technological innovation, customer expectations,
data utilization, and the value of the business to customers
(Mărăcine et al., 2020)
. Notably,
organizations are required to review and modify their business model to align it with the changes
caused by digital disruption to remain consistent and competitive in the market.
One notable example of a business model that has been disrupted through technology and the
internet is the newspaper industry. Notably, newspapers were and still are crucial in the
conveyance of information to a larger population through publications on various topics, people,
and events. In addition, newspapers serve as a crucial platform for advertisements and
promotions. Newspapers provide a wide range of information regarding various issues such as
politics, business, health, education, sports, and entertainment to target diverse customers.
Traditionally, newspapers were an effective way of communicating to a larger and more diverse
audience. The companies generated revenue through newspaper sales, publications, and
advertisements. However, digital transformation and technological innovation have been
immense and significantly challenging the traditional business models for the newspaper
industry. Through digital technologies, customers can conveniently access content online,
interact with, advertise, and promote businesses using their gadgets such as mobile phones and
computers. Undeniably, the digital transition impacted the traditional newspaper business model,
leading to a significant decline in print circulation and advertising
(Karimi & Walter, 2015)
. As
such, the disruption interfered with the revenue generation of the newspaper companies,
prompting them to reevaluate and embrace the changes to remain competitive.
b.
‘Value added'. For the above example business module, critically evaluate how the
digital disruption has added value for the customer.
Value added is the upgrade of a product or service by a company to enhance its value. The
practice involves improving quality through new features or modifications to attract more
customers. Notably, increasing customer attraction for particular products or services boosts the
company's revenue and profits. The digital disruption in the newspaper industry model has added
significant value for the customer compared to the traditional model of relying on printed
newspapers. The disruption has increased convenience and affordability because digital
platforms provide instant content and services to customers at a reasonable price. Ideally,
customers only need a device such as a phone or computer and access to the internet to access
vast information from a wide range of online platforms. The traditional newspaper model
provided selected information, and customers were required to purchase newspapers on a daily
basis to access new information, which is more costly and inconvenient. In addition, digital
transformations can provide customized offers with features such as videos and audio for diverse
audience
s (Piepponen et al., 2022)
. Besides, digital transformations provide global access and
connection, unlike the traditional newspaper model that was limited to a particular location.
Undeniably, the digital disruption in the newspaper industry is more suitable and acceptable in
the modern world, requiring print media companies to integrate it into the traditional model to
remain competitive
(Karimi & Walter, 2015)
. However, digital disruption comes with challenges
regarding issues such as data privacy, cyberbullying, copyrights, and compensation for content
creators. As such, companies must adopt effective strategies to counteract the challenges,
enhance customer satisfaction, and remain competitive in the market.
QUESTION 2
Identify an appropriate new business initiative and, using an appropriate theoretical
framework, critically evaluate the potential barriers to change for an organization
implementing this initiative. Suggest and justify what actions can be taken to reduce the
resistance to change.
A business initiative involves internal campaigns by a company focusing on achieving a
particular goal or vision. The aims of developing a business initiative could be to address
particular challenges in the work environment, improve the quality of products or services, or
improve particular policies. Notably, developing and implementing a business initiative is a
systematic process requiring effective resource allocation, defined timeframes, and expected
outcomes to guide team members. An example of a new business initiative adopted by several
companies is the Hybrid model. The hybrid model initiative implies creating flexible working
schedules for employees, such as mixing in-office and remote work. Employers let the workers
choose when and where to work remotely or set specific days for in-office work. As such,
employees achieve a better work-life balance and more autonomy, enhancing their productivity
due to reduced risks of burnout
(Krajčík et al., 2023)
. Top companies such as Microsoft
Corporation, Spotify, and Ford are leading in embracing the hybrid model with considerable
improvements in employee satisfaction and productivity.
Kotter's theory of change provides an 8-step framework for evaluating barriers to implementing a
new business initiative. The model guides organizations in overcoming barriers to new business
initiatives by preparing employees to adopt and implement new changes
(Pollack & Pollack, 2014)
.
Notably, adopting the hybrid work model is likely to face resistance from employees and leaders
accustomed to traditional work models. As such, they may need to understand the vision for
change due to ineffective communication by the management. The hybrid Work model disrupts
the organizational culture and policies, prompting some employees and leaders to resist the
change
(Krajčík et al., 2023)
. Besides, adopting the initiative may not have an instant impact on
organizational performance, affecting the employee’s motivation to achieve particular targets.
Ideally, the primary barrier toward a hybrid work environment is the unwillingness of some
members to embrace the changes by learning new skills and transitioning from the traditional
workplace models.
Kotter's theory provides a guideline for organizations adopting the hybrid model in addressing
the resistance to change. First and foremost, organizations must create urgency and develop a
powerful coalition to communicate the urgency of implementing the initiative
(Pollack & Pollack,
2014)
. The emphasis should be on the effective communication of the vision and benefits of the
hybrid model, including tackling the prevalent employee burnout and increasing autonomy
among employees. For example, the Microsoft corporation, among other companies, accelerated
the implementation of the hybrid model during the COVID-19 pandemic as a way of curbing the
spread of the virus, reducing employee burnout, and enhancing innovation among its employees
(Krajčík et al., 2023)
. Besides, organizations adapting to hybrid models should create short-term
wins to build momentum and motivate employees to be more positive about the change for long-
term success. Lastly, organizations should anchor the changes in corporate culture and enhance
employees' skills and competencies through training and mentorship programs. However, the
hybrid model may not work for every company, particularly those that require physical
involvement of human power at the workplace. The model is well suited for tasks that require
more computer usage, such as in the Information, Communication, and Technology Industry.
15 b) Using industry examples, critically evaluate the potential possibilities for
Virtualization of the Supply Chain.
Virtualization of the supply chain involves the use of electronic links and technologies to
represent the supply chain network. Notably, a digital supply chain provides real-time holistic
information about supply chain activities, performance, and requirements to facilitate decision-
making. The possibilities of Virtualization of the supply chain depend on the resources and
capabilities of a company and the value it impacts on the organization. VSC enhances the
visibility of the company's operations, enabling real-time monitoring
(Smith & Dhillon, 2018)
. For
example, global companies in the Automotive industry, such as Tesla, apply Virtualization to
monitor and manage the supply chain globally, ensuring high efficiency in meeting customer
demands. In addition, VSC improves collaboration and communication among stakeholders,
allowing timely responses to issues and efficiency in service delivery. For example, fashion
companies such as Nike use Virtualization for collaborative designs and production planning
globally. Effective communication and collaboration with stakeholders allow the company to
address customer needs effectively and remain competitive in the global market.
Similarly, companies can optimize inventory management and improve the accuracy of demand
forecasting to reduce expenses and stockouts. As such, the companies are able to adapt to market
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changes and mitigate potential risks. For example, Tech Companies such as Apple utilize
Virtualization to understand market changes and consumer behavior and develop products that
suit customer preferences. Undeniably, the Virtualization of the supply chain works well for big
companies in various sectors due to adequate resources and capabilities
(Matsuda et al., 2019)
.
Besides, rapid technological advancements play a significant role for companies in virtualizing
their supply chains.
Using examples, explain the difference between IaaS, PaaS, and SaaS. Critically evaluate
how these services can help an organization become more efficient and effective.
IaaS, PaaS, and SaaS are cloud models used to serve the specific requirements of an
organization. IaaS is an abbreviation for Infrastructure as a Service, providing virtualized
computer resources using the internet. For IaaS, users can rent virtual machines, network, and
store, have control over the infrastructure, and pay for the products they consume. For example,
Amazon Web Services (AWS) offers several IaaS solutions, such as EC2, allowing users to host
applications, process data, and run web servers, among other computational tasks. On the other
hand, PaaS stands for Platform as a Service, a model that offers a wide range of tools and
services, allowing users to create, run, and manage applications with minimal infrastructural
challenges. The Platform allows automated deployment with integrated tools such as databases
and development frameworks for efficient application development. For example, Google App
Engine allows users to develop, run, and manage applications without managing the model
infrastructure. Lastly, SaaS refers to Software as a Service, and it offers software applications
through web browsers without managing or maintaining the system infrastructure. The model is
accessible through any device with an internet connection but on subscription terms with ready-
to-use systems and automated responses
(Mohammed & Zeebaree, 2021)
. For example, Google
Workspace offers SaaS tools such as Drive, Google Docs, and Gmail, providing ready services to
users without worrying about infrastructure and software maintenance.
IaaS, PaaS, and SaaS play a significant role in improving an organization's efficiency and
effectiveness. The tools can be used to Optimize resources by allowing organizations to manage
their resources in dynamic business environments and meet customer demands. For example,
IaaS is crucial for retail organizations to scale up server instances for efficient online shopping
during high-traffic seasons. Undeniably, the practice minimizes wastage of resources during low-
traffic periods and optimal performance during high demands. In addition, the tools handle
infrastructural challenges and simplify development complexities, allowing organizations to
focus on capabilities and cost-saving practices for high performance. For example, financial
organizations can leverage SaaS for software maintenance and management of underlying
infrastructure while focusing on financial services.
Furthermore, the cloud models enhance collaboration and productivity through centralized,
accessible, and affordable tools. For example, SaaS tools such as Google Workspace allow team
members to analyze documents from different locations and provide real-time feedback. As such,
there is effective communication, which is essential for productivity, especially for organizations
with multiple branches in different markets
(Mohammed & Zeebaree, 2021)
. Lastly, organizations
can realize accelerated development with the PaaS tool as it provides automated development
frameworks and integrated tools, easing the burden of managing servers and runtime
environments.
Using examples, explain when an organization would use an intranet rather than an
extranet. Critically evaluate the challenges associated with using extranets.
An intranet is an organization-based network that allows collaboration, communication, and
innovation among employees to enhance the organizational culture. On the other hand, an
extranet is a controlled private network allowing authorized stakeholders to access particular
aspects of the internal network
(Blink, 2022)
. Notably, organizations should use the intranet for
internal team collaboration and confidential information-sharing sessions. For example, team
members can share their contributions towards critical projects, keep records, and monitor the
progress within the organization. Besides, departments such as Human Resources can share
sensitive information regarding employees, such as salaries and performance scores within the
organization. In addition, organizations would use the intranet for centralization of intellectual
property and internal process automation. For example, organizations may use the intranet to
provide employees within the organization access to the company's policies or training materials
(Blink, 2022)
. Besides, automation of internal processes allows employees to make internal
requests such as leave requests and IT support in their departments.
Several challenges are associated with using extranets for an organization. First and foremost, the
network exposes an organization to security threats through unauthorized data access and
breaches by external parties. As such, organizations with a weak security system for their data
are likely to encounter challenges affecting their operations and reputation. In addition, there
could be compatibility issues as a result of several entities with different technologies and
systems using the same extranet. As such, there is the likelihood of delays in providing feedback
due to data integration challenges. Besides, extranets involve incorporating diverse legal systems
and policies to ensure compliance, limiting some organizations from utilizing them exhaustively
(Blink, 2022)
. Notably, adhering to strict regulations and requirements may lead to legal
consequences that may impact an organization's brand image.
Explain what accessibility issues need to be considered when designing web services for
multiple users. Focus on TWO (2) issues and critically evaluate how they influence the
design process.
Designing web services for multiple users takes into consideration user experience and
inclusivity for diverse users. As such, several accessibility issues are considered, including but
not limited to keyboard navigation, text alternatives, readable fonts, focus indicators, and user
feedback. Screen Reader Compatibility and Keyboard navigation are two essential elements of
an effective web platform for diverse users. Screen Reader Compatibility is a feature that allows
users with visual impairments to use the platforms effectively through screen reader software.
Prioritization of this feature allows organizations to make their content reach a wider audience
and ensure compliance with web accessibility laws and regulations. Companies can utilize tools
such as EqualWeb accessibility enhancement tools, which provide a wide range of features for
proper document structures and alternative texts for images
(Ng, 2017)
. Proper document
structures can be achieved through semantic HTML elements such as landmarks, lists, and
headings to enhance the logical flow of the content. In addition, providing meaningful alternative
texts for images allows users with visual impairments to understand the message conveyed by
the images. Besides, maintaining a consistent layout with clear landmarks allows users to rely on
the screen readers to understand and predict the Platform's structure for quick navigation.
On the other hand, Keyboard navigation involves designing a website that allows users to
navigate the website using only the keyboard. The feature is essential for users who cannot
effectively use a mouse or those with motor disabilities. Users can effectively use keyboard
commands for interactive activities such as searching, opening links, and selecting without
necessarily using a mouse. Besides, Keyboard navigation should have clear and visible focus
indicators to avoid disorientation of the selected items or texts. Notably, there should be a logical
tab order to allow users to navigate the platforms easily with minimal confusion and errors.
Lastly, designers should ensure the website’s layout and interactive elements can be understood
in different designs and sizes across various devices
(Ng, 2017)
. After the successful development
of the web, rigorous testing and documentation of the keyboard functions and procedures should
be done to guide new users in interacting with the Platform.
Discuss the differences and similarities between the ethical standards for personal use and
corporate use when using the internet.
Ethical standards in using the internet imply acceptable conduct online by individuals or a group.
Individuals and corporations are expected to maintain high ethical standards to enhance integrity,
fairness, and accountability
(Werber, 2016)
. The ethical standards for personal use only affect
individual and immediate connections. Individuals are impacted directly by their engagements on
the internet, such as their opinions on social media. As such, individuals are held accountable for
their own mistakes and face the consequences without the involvement of other parties.
However, corporate use impacts all the stakeholders, including clients, employees, and owners.
For example, a company's social media account or website represents the brand requiring
upholding of high ethical standards such as professionalism to enhance positive public
perception. As such, misuse of a corporate account has a direct implication on the company's
brand image, and the whole company is held accountable for misuse offense even if it was a
single individual within the organization who executed the offense
(Metsiou, 2023).
Besides,
personal use involves handling personal data and information, for example, sharing personal
information on social media, which could be accurate or false. On the other hand, corporate use
involves handling company information, such as client information and financial reports,
requiring a high level of professionalism to safeguard the organization's integrity.
However, high concern about privacy and transparency is exhibited in the two scenarios. Both
individuals and corporations may decide what to share on the internet and remain cautious about
protecting the shared data and information. Besides, individuals feel comfortable when platforms
provide clear communications about privacy settings. Similarly, companies must exhibit
transparency in the information shared or supported on the internet, ensuring the stakeholders
implement the data handling policies. Both parties value respect and integrity while interacting
with other entities or individuals to minimize cases of cyberbullying or damage to brand image
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(Metsiou, 2023)
. Lastly, individuals and corporations are expected to comply with particular laws
and regulations while using the Internet to avoid legal consequences.