Strategy and The Internet Michael E. Porter Harvard Business Review In this article‚ the author (Michael E. Porter)‚ explains his opinion on the use of the internet by organisations. He points out that both dot-coms and established companies have both‚ by way of competition‚ violated the core precept of strategy in businesses. Porter brings out the fact that companies focussed more on attracting more customers‚ via discounted channels‚ discounting and advertising‚ rather than having profit in
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business-to-consumer (B2C) (Seilina‚1990). The dramatic increase in the usage of internet has enabled the development of different businesses like the banking‚ insurance; supermarkets and other related elements like hospitals have also integrated the information technology into different segments of their operations. This research paper tries to look at the different segments which are playing part especially in terms of internet banking and the other relevant operations being undertaken by them and the
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How Has the Internet Changed the Way We Do Creative Research and Scholarship? Ladies and Gentlemen‚ I have come here today to talk to you about the effects of the internet on the education of your children. Although most of you probably see the internet as having a negative impact on today’s youth‚ I will discuss both the positive and the negative attributes of the internet. I assure you that the motive of this speech is not to convince you or in any way persuade you to think differently‚ but simply
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April 2012 Disadvantages of the Internet The internet has been the most phenomenal introduction in the world of communication in history. While with every single latest technology‚ the internet has its own disadvantages. Today the internet has become the most influential communication device for people around the globe. Some of the disadvantages of the internet are social disconnect‚ the security of children using the web‚ spamming and privacy. The internet has the possibility to imply damage
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Strategy and the Internet |Published: |April 16‚ 2001 | |Author: |Michael E. Porter | Executive Summary: Don’t throw the strategy baby out with the Internet bath water. In this Harvard Business Review article‚ HBS professor Michael E. Porter urges business planners not to lose focus on strategic development and If average profitability is under pressure in many industries influenced by the Internet‚ it becomes all the more important for individual companies to set themselves
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Internet Bullying A freshman at Rutgers University‚ Tyler Clementi‚ posted a goodbye message on his Facebook page before he jumped to his death because of an Internet bullying incident. Tyler’s roommate‚ Dharun Ravi‚ and his friend‚ Molly Wei‚ secretly filmed Tyler during a "sexual encounter" in his dorm room and posted it live on the Internet. What the two thought was a harmless prank turned into something much more serious. According to ABC News‚ “Under New Jersey ’s invasion-of-privacy statutes
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Impact of the Internet on Education June 29‚ 2010 Life has distinctly undergone some very dramatic changes ever since the dawn of the Internet era and with each passing day there is a growing dependence on it. Those who are used to it would know the helplessness experienced when deprived of riding on this superhighway of information. It has also had a tremendous impact on the sphere of education. Learning is the act or process of internalising knowledge and acquiring new skills. Modern‚ web-based
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Business Strategy – Section 4995 GN Summer 2012 Case Analysis: Case #8 Cash Connection: Are Its Payday Lender Strategy and Its Business Model Ethical? Assignment Questions: 1. What does a SWOT analysis reveal about the company’s overall situation? SWOT analysis is a strategic planning method used to evaluate the Strengths‚ Weaknesses/Limitations‚ Opportunities and Threats involved in a project or in a business venture. It involves Specifying the objective of the business venture
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CHAPTER I INTRODUCTION Background of the study The Internet was initially developed by the U.S Defense Department and was at one time only popular within the research community. Its ability to share information across organizations and to interact with the people at low cost has gradually enticed other sectors to explore its use. Today‚ the Internet has an impact on every side of our life including business operation‚ education‚ communication‚ entertainment‚ social activity‚ shopping‚ and so
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The Internet Revolution 0 Why a Revolution? Not very long ago‚ the only people talking about the Internet were the small number of individuals who were engaged in engineering it‚ building it‚ and nurturing its growth. That was during the 1970s. But even during the 1980s‚ as the Internet expanded its reach and diversified its information resources and services‚ the Internet’s existence went largely unnoticed by the general public and it managed to retain its quiet‚ remote‚ and unassuming
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