Principles of Information Systems (MindTap Course List)
13th Edition
ISBN: 9781337516945
Author: STAIR
Publisher: Cengage
expand_more
expand_more
format_list_bulleted
Expert Solution & Answer
Chapter 1, Problem 1CTQ2
Explanation of Solution
Benefits of connected-car technologies:
From the point of view of improving long term customer relationship, other than selling more cars the benefits provided by connected car technology are:
- Connected-cars technologies use an embarrassment of services to ensure driver's safety and provide alerts, warnings and so on.
- It connects the drivers, passengers to a digital ecosystem where they can avail emergency services as well as other useful service, thus providing a rich mobility experience...
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
Apart from the apparent benefit of increased vehicle sales, what else may
connected-car technology provide manufacturers like BMW in terms of
enhancing long-term customer relationships?
Uber, headquartered in San Francisco, was founded in 2009 by Travis Kalanick and Garrett Camp and has grown explosively since then to over 500 cities across the globe with drivers signing up at an exponential rate. Uber offers a compelling value proposition for both customers and drivers. Customers can sign up for free, request and pay for a ride (at a cost Uber claims is 40% less than a traditional taxi) using a smartphone, and get picked up within a few minutes. No need to stand on a street corner frantically waving, competing with others, or waiting and waiting for an available taxi to drive by. Furthermore, customers using the Uber app know just how long it will take for the ride to arrive and how much it will cost in advance. Uber’s value proposition for drivers is that it allows them to set their own hours, work when they like, and put their own cars to use generating revenue.Rather than having a dispatcher in every city, Uber has an Internet-based app service running on cloud…
How do intangible services differ from tangible services, and what challenges do they pose for marketing?
Chapter 1 Solutions
Principles of Information Systems (MindTap Course List)
Ch. 1.1 - Prob. 1RQCh. 1.1 - Prob. 2RQCh. 1.1 - Prob. 1CTQCh. 1.1 - Prob. 2CTQCh. 1.2 - Prob. 1RQCh. 1.2 - Prob. 1CTQCh. 1.2 - Prob. 2CTQCh. 1.3 - Prob. 1RQCh. 1.3 - Prob. 2RQCh. 1.3 - Prob. 1CTQ
Ch. 1.3 - Prob. 2CTQCh. 1.4 - Prob. 1RQCh. 1.4 - Would you expect to see more funds allocated to...Ch. 1.4 - Prob. 1CTQCh. 1.4 - Prob. 2CTQCh. 1.5 - Prob. 1RQCh. 1.5 - Prob. 2RQCh. 1.5 - Are there other alternative strategies for the...Ch. 1.5 - Prob. 2CTQCh. 1 - Prob. 1SATCh. 1 - Prob. 2SATCh. 1 - Prob. 3SATCh. 1 - Prob. 4SATCh. 1 - Prob. 5SATCh. 1 - Prob. 6SATCh. 1 - Which of the following is not a key organizational...Ch. 1 - Prob. 8SATCh. 1 - Prob. 9SATCh. 1 - Prob. 10SATCh. 1 - Prob. 11SATCh. 1 - Prob. 12SATCh. 1 - Prob. 13SATCh. 1 - Prob. 14SATCh. 1 - Prob. 15SATCh. 1 - The two fundamental strategies for system...Ch. 1 - Prob. 17SATCh. 1 - Prob. 18SATCh. 1 - Prob. 1RQCh. 1 - Prob. 2RQCh. 1 - Prob. 3RQCh. 1 - Prob. 4RQCh. 1 - Prob. 5RQCh. 1 - Prob. 6RQCh. 1 - Prob. 7RQCh. 1 - Define the term software. What are the two primary...Ch. 1 - Prob. 9RQCh. 1 - Prob. 10RQCh. 1 - Prob. 11RQCh. 1 - Prob. 12RQCh. 1 - Prob. 13RQCh. 1 - Prob. 14RQCh. 1 - Prob. 15RQCh. 1 - Prob. 16RQCh. 1 - Prob. 17RQCh. 1 - Prob. 18RQCh. 1 - Prob. 19RQCh. 1 - Prob. 20RQCh. 1 - Prob. 21RQCh. 1 - Prob. 22RQCh. 1 - Prob. 1DQCh. 1 - Prob. 2DQCh. 1 - Prob. 3DQCh. 1 - Prob. 4DQCh. 1 - Prob. 5DQCh. 1 - Prob. 6DQCh. 1 - Prob. 7DQCh. 1 - Prob. 8DQCh. 1 - Prob. 9DQCh. 1 - Prob. 10DQCh. 1 - Prob. 11DQCh. 1 - Prob. 12DQCh. 1 - Prob. 13DQCh. 1 - Prob. 14DQCh. 1 - Prob. 2PSECh. 1 - Prob. 3PSECh. 1 - Prob. 2TACh. 1 - Prob. 3TACh. 1 - Prob. 1WECh. 1 - Prob. 2WECh. 1 - Prob. 1CECh. 1 - Prob. 2CECh. 1 - Prob. 1CTQ1Ch. 1 - Prob. 2CTQ1Ch. 1 - Prob. 3CTQ1Ch. 1 - Prob. 1CTQ2Ch. 1 - Prob. 2CTQ2Ch. 1 - Prob. 3CTQ2
Knowledge Booster
Similar questions
- Distance learning uses electronic links to extend college campuses to people who otherwise would not be able to take college courses. Are you, or is someone you know, involved in distance learning? If so, research the system’s components and uses. What hardware and software do students need in order to communicate with the instructor and classmates? What courses are offered? Discuss the pros and cons of distance learning compared to classroom-based learning. Write some local industry example of e-commerce C2C and explain it how we can consider that example as C2C.arrow_forwardThe use of drones has been proposed by retailers like Amazon.com as a method for package delivery. If drones eventually become a widely adopted technology for this purpose, some workers who are employed by delivery services or warehouses might become displaced. If the displaced workers were to become drone operators, what are some of the key knowledge and skill sets they could acquire in a person-focused pay program.arrow_forwardWith the use of relevant research examine the potential benefits connected-car technologies offer auto makers such as BMW in terms of enhancing long-term customer relationships?arrow_forward
- Financial technology, or fintech as it has come to be known, gets a lot of attention for its extraordinary potential to change lives and change economies. Fintech can help ordinary people access financial products securely and efficiently while boosting countries' economic growth. With the high mobile phone penetration rates and strong government support for the digital economy, Indonesia is well situated to take advantage of fintech innovation. From mobile wallets and electronic payments to crowdfunding and "Insuttech" (the combination of insurance and technology), Indonesian businesses and consumers appear ready to embrace the technology. The NIST-defined CIA Triad security paradigm is always the primary security aim for data, information, and computing services. Analyze whether the CIA Triad Security Model is adequate for the fintech system's data protection and access control. Discuss TWO(2) reasons to support your answer.arrow_forwardWhat distinguishes the supply chains of service organisations from those of manufacturers are the key differences.arrow_forwardIn what ways is IoT technology being leveraged in the energy sector for resource optimization and sustainability?arrow_forward
- Is there a spectrum of service innovation?arrow_forwardFor years Starbucks has been successfully maintaining its dominant position in the coffee shop market despite the market becoming highly competitive with many players offering similar products and service offerings of Starbucks. There has also been a rise in strong competition from fast-food chains such as McDonald's and Dunkin Donuts that now offer premium coffee, which is threatening the market share of established players. In order to hold onto its competitive advantage and create a new value proposition for its customers, Starbucks has started to focus on the use of information technology, mobility, and particularly social media. One such innovative value proposition by Starbucks is the Mobile Payments Application. Starbucks launched its mobile card app in 16 stores in early 2009 and after customers’ adoption increased, Starbucks expanded it countrywide in the United States. The main feature of the app allows customers to generate a 2D barcode on their mobile device to be scanned…arrow_forwardIoT solutions have the potential to help both vertical and horizontal industries. A holistic approach is achieved when these solutions are utilized throughout the whole spectrum of an industry. Thus, the Internet of Things gains new possibilities and adds value to the lives of individuals. Take a look at the following scenarios. Identify two of them to see whether the situation is a solution for a horizontal market, or a vertical market solution Please give a rationale for your choice. An energy management system that automatically changes the temperature of a space in response to the surrounding environment and use patterns.When swallowed, microchips send a signal to a doctor, alerting him or her that the tablet has been consumedarrow_forward
- In today's business world, social media is essential. CIOs have unique challenges when it comes to effectively interacting with their employees through social media.arrow_forwardConstantia Farm Constantia Farm is involved in the supply of fresh farm produce in the Western Cape Province. The company employs 20 people on the farm and 7 office workers. They produce a wide range of products which include eggs, chicken, vegetables, fruits and pork products. The company began its operations a few years ago and its annual turnover has grown to over ZAR 3 million. The company direly needs to automate their whole value chain processes using an integrated computer system to improve efficiency and reduce losses. Management is intending to establish an IT department that is supposed to take a leading role in the development of the computer system. You have been hired as the IT Manager of Constantia Farm to lead the implementation of the integrated computer system. Give a detailed description of software development methodologies that can be used develop the system.arrow_forwardHow can we make it simpler for individuals of diverse cultural backgrounds to use the online services of multinational corporations?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Principles of Information Systems (MindTap Course...Computer ScienceISBN:9781305971776Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
Principles of Information Systems (MindTap Course...Computer ScienceISBN:9781285867168Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
Fundamentals of Information SystemsComputer ScienceISBN:9781305082168Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781305971776
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781285867168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Fundamentals of Information Systems
Computer Science
ISBN:9781305082168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning