(Supply chain strategies and processes) The Internet and Competitive Priority Technology is an important part of structure (as in Structure and Infrastructure). The Internet constantly makes new technology-related applications available to companies. These tools can be used to serve customers or deal with suppliers. However, these tools are not silver bullets. Payoffs from investments in these applications often come from matching Internet-enabled tools with a firm’s competitive priorities. Explain the ways the Internet could be used to achieve each competitive priority.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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(Supply chain strategies and processes)

 

The Internet and Competitive Priority Technology is an important part of structure (as in Structure and Infrastructure). The Internet constantly makes new technology-related applications available to companies. These tools can be used to serve customers or deal with suppliers. However, these tools are not silver bullets. Payoffs from investments in these applications often come from matching Internet-enabled tools with a firm’s competitive priorities.


 Explain the ways the Internet could be used to achieve each competitive priority.

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Competitive priorities are the basic functional aspects that have to fulfill its inward or outer clients. The idea of competing priorities is vital to associations since it assists them with defining feasible objectives and it has for some time been known to be related to hierarchical execution. Competitive priorities assist companies with laying out the right path for process choice. At the point when process capacities miss the mark concerning the foreordained competitive priorities, they should be re-determined & re-focused to meet the gap or else modify the preference.

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