Assalamualaikum this time I would like to discussing about the common problem or question that frequent rise among traitional company because of the technology
Question
1.Do
you view this technology as a potential threat to traditional telephone
companies? If so what counter- strategies could traditional telephone companies
adopt to prepare for this technology?
Yes
definitely this develop technology will become threat to traditional telephone
company because the people needs always change for the better life so to solve
this problem this kind of situation the company needs to upgrade or invented
new telephone with latest technology create creative design model to attract
the people to buys.
2.Using
porters five force describe the barriers to entry for this new technology?
· Supplier Power: The power of suppliers to drive
up the prices of your inputs.
· Buyer Power: The power of your customers to
drive down your prices.
· Competitive Rivalry: The strength of competition in
the industry.
· The Threat of Substitution: The extent to which different
products and services can be used in place of your own.
· The Threat of New Entry: The ease with which new
competitors can enter the market if they see that you are making good profits
(and then drive your prices down).
3.Which of porter three
generic strategies is the new technology following?
The company needs to
focus strategies which the company should compete based on cost leadership or
differentiation. In either case, the basis of competition will still be either
cost leadership or differentiation. Apple also targets the mass market with its iPhone and
iPod products, but combines this broad scope with a differentiation strategy
based on design, branding and user experience that enables it to charge a price
premium due to the perceived unavailability of close substitutes.
4.describes
the value of chain of the business of using cell phone as a payment of method
The value chains must manage the two sides of
their businesses: their customers and direct sales, and their channel partners
and suppliers. Each requires its own management channels and practices.
To sell directly to customers (direct sales),
value chains usually include a storefront, where customers can purchase cell
phone directly.
5.What type of regulatory issue might occurs
during due this type of technology?
The
regulatory issue might happens is people will find a ways to hack into call
phone