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