Management Effectiveness Using Technology Resources
The company that you are working for is considering buying another smaller firm. However, there is some business analysis needed for your company to make its final decision about purchasing. Throughout this course, you will be working on creating the Business Strategy and Management Plan.
Keep in mind that the final Business Strategy and Management Plan template should contain the following elements:
- Title page
- Course number and name
- Project name
- Your name
- Date
- Table of contents
- Auto-generated
- Up-to-date
- Maximum of 3 levels deep
- Section headings
For Week 1, you will make a qualitative evaluation of the industry’s strategic position using Porter’s five forces. Just create As a preview, each section will contain the following subsections:
- Qualitative Evaluation of the Industry’s Strategic Position (Week 1 IP)
- Choose an aspect of the information technology (IT) industry that has not been previously used as an example in this course. Use Porter’s five forces to make a qualitative evaluation of the industry’s strategic position. Be sure to explain each of the five forces as well as explain how they relate to your chosen industry.
- Note: The mobile phone industry was provided as an example in the video material and may not be used as the subject for this assignment.
- Remember to include the following elements (Porter’s five forces):
- Threat of new entrants: Are new entrants being attracted to the market, and are there barriers to entry in the industry?
- Threat of substitute products or services: Are there other products that could be alternatives to offerings in the chosen industry?
- Bargaining power of customers: What degree of bargaining power do the buyers have in terms of putting the industry under pressure to provide more products or less cost?
- Bargaining power of suppliers: What is the importance of raw materials, components, labor, and services that are required for the industry, and are there substitutes for those inputs? Discuss the possibility of switching suppliers, if necessary.
- Intensity of competitive rivalry: Does the industry have a sustainable competitive advantage
***Research and Analyze another IT company***
- Choose an aspect of the information technology (IT) industry that has not been previously used as an example in this course. Use Porter’s five forces to make a qualitative evaluation of the industry’s strategic position. Be sure to explain each of the five forces as well as explain how they relate to your chosen industry.
Solution Preview
Abstract
E-commerce involves buying and selling products over the internet. Here we are evaluating the industry’s position and how it will purchase a smaller firm without incurring any losses. We also focus on how the five forces as stated by porter help or play a role in the effective planning done to purchase the said smaller firm and how it will integrate with the larger firm.
Introduction
Technology resources can well be defined as the devices or even information that is used in providing help by divulging information to questions that people may have (Laudon & Traver, 2016). In this paper, we will be looking at how to maintain management effectiveness using technology resources in an e-commerce industry.
(999 words)