BUSINESS DRIVEN TECHNOLOGY(LL)-W/ACCESS
BUSINESS DRIVEN TECHNOLOGY(LL)-W/ACCESS
7th Edition
ISBN: 9781260149043
Author: BALTZAN
Publisher: MCGRAW-HILL HIGHER EDUCATION
Expert Solution & Answer
Book Icon
Chapter 2, Problem 6MBD

Explanation of Solution

Generic differentiated Strategies used by Organization:

Organizations follow one of Porter’s three generic strategies when entering a new market:

  • Broad cost leadership- Broad strategies reach a large market segment.
  • Broad differentiation- Focused strategies target a niche market.
  • Focused strategy- Focused strategies concentrate on either cost leadership or differentiation.

Comparing traditional business competing on basis of price and MIS strategy:

Industry: Retail

Competing on basis of price:

The most common and most profitable digital business model is that of the traditional retailer. The traditional retailer profits by selling products and services directly to buyers at a mark-up from the actual cost.

For example, all bricks-and-mortar retailers employ this complementary business model online, and there are many online-only retailers that employ this business model. The retail strategies employed by digital retailers and physical retailers are often very different.

There are a lot of retail franchise business prospects among the greatest and most lucrative digital commercial model is that of the traditional retailer. This retailer profits can work as selling products and services straight to the buyers at a huge cost from the actual price...

Blurred answer
Students have asked these similar questions
1. Create a Book record that implements the Comparable interface, comparing the Book objects by year - title: String > - author: String - year: int Book + compareTo(other Book: Book): int + toString(): String Submit your source code on Canvas (Copy your code to text box or upload.java file) > Comparable 2. Create a main method in Book record. 1) In the main method, create an array of 2 objects of Book with your choice of title, author, and year. 2) Sort the array by year 3) Print the object. Override the toString in Book to match the example output: @Javadoc Declaration Console X Properties Book [Java Application] /Users/kuan/.p2/pool/plugins/org.eclipse.justj.openjdk.hotspo [Book: year=1901, Book: year=2010]
Q5-The efficiency of a 200 KVA, single phase transformer is 98% when operating at full load 0.8 lagging p.f. the iron losses in the transformer is 2000 watt. Calculate the i) Full load copper losses ii) half load copper losses and efficiency at half load. Ans: 1265.306 watt, 97.186%
2. Consider the following pseudocode for partition: function partition (A,L,R) pivotkey = A [R] t = L for i L to R-1 inclusive: if A[i] A[i] t = t + 1 end if end for A [t] A[R] return t end function Suppose we call partition (A,0,5) on A=[10,1,9,2,8,5]. Show the state of the list at the indicated instances. Initial A After i=0 ends After 1 ends After i 2 ends After i = 3 ends After i = 4 ends After final swap 10 19 285 [12 pts]
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781285867168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Text book image
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781305971776
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Text book image
Fundamentals of Information Systems
Computer Science
ISBN:9781305082168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Text book image
Information Technology Project Management
Computer Science
ISBN:9781337101356
Author:Kathy Schwalbe
Publisher:Cengage Learning
Text book image
Management Of Information Security
Computer Science
ISBN:9781337405713
Author:WHITMAN, Michael.
Publisher:Cengage Learning,
Text book image
Fundamentals of Information Systems
Computer Science
ISBN:9781337097536
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning