The Internet's universal standards have changed industry structure by increasing barriers to entry and decreasing competition within an industry.Group of answer choicesTrueFalse

Which of the following features of the Internet can enable businesses to lower barriers to entry and expand the market at the same time?Group of answer choicespersonalizationglobal reachrichnessinteractivity

Re: Discussion Assignment by Mizage Donatien - Sunday, 26 May 2024, 11:53 AM There are many forces for organizational changes. Most times is technology, poor performance and globalization. An organization can find itself far behind to such extend that it cannot compete with the rest of the organizations doing the similar activities. Let’s take the example of the post office which is a public facility and a retailer that provides mail services, such as accepting letters and parcels, providing post office boxes, and selling postage stamps, packaging, and stationery. Post offices may offer additional services. Now, since the internet became a global technology of interconnected computer networks that uses the internet protocol suite to communicate between networks and devices able to link private, public, academic, business, and government networks of local to global scope, with an array of electronic, wireless, and optical networking technologies, the post office services have been found not so much needed and people use internet instead. Now since its introduction, the internet carries a vast range of information resources and services, such as the interlinked documents, and file sharing; the post office found itself compelled to change the organizational system since the delivering of letters after buying postage stamps isn’t effective anymore, in this electronic world. It is easy to send a letter, images electronically in seconds with smart phones which are traditional mobile phones with advanced computing capabilities making people using the post office services no more. Now the post office has changed its working way by focusing mainly on the banking system and on other services which don’t require internet such as the delivering of parcels and more. There was no resistance to the change as it was a compulsory move due to the advancement of technology.

The internet has had little impact on the way companies compete.Multiple ChoiceFalseTrue

Which of the following features of e-commerce technology is related to the concept of network externalities?Group of answer choicesrichnessinformation densityuniversal standardsinteractivity

Which of the following is not a factor that can hinder an organisation’s desire to establish an electronic business?Group of answer choices) Expensive technology.Persistent cultural attraction to physical markets and traditional shopping experiences.Persistent global inequality limiting access to telephones and computers.Availability of a sophisticated skill set.