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Technology

Technology. Impact on business. Jan 08 Essay Q. With reference to organisations, markets or industries that you know, to what extent do you think that the internet is a threat rather than an opportunity for business? (40 marks)

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Technology

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  1. Technology Impact on business

  2. Jan 08 Essay Q • With reference to organisations, markets or industries that you know, to what extent do you think that the internet is a threat rather than an opportunity for business? (40 marks) • You need to consider the impact on Supply as well as Demand factors… You have 5 mins… What would your essay plan be?

  3. Syllabus aims • The Relationship between Businesses and the Technological Environment • assessing the effects of technological change • evaluating the response of businesses to technological change. • The impact of technological change should be considered in terms of a range of issues including: • marketing opportunities, • the culture of the business • and the processes and systems used within the business

  4. What technological changes have their been? • Intranet • Internet • Social Networking • CAD/CAM • Robotics • Handheld computers • Software packages e.g. DTP, spreadsheets, databases etc • EPOS • Loyalty cards • Mobile technology • ????

  5. Who are the largest on line businesses?

  6. Which businesses have been threatened by technology? Books Music Film Travel agents Estate agents Newspapers Charities…. Bar codes! Threats of Technology

  7. Dangers of being on line!

  8. Latest technology… • Its always changing…

  9. Marketing opportunities…

  10. Viral marketing • http://www.blogstorm.co.uk/the-top-10-viral-marketing-campaigns-of-all-time/ • So many to choose from… it has to be…. • What are the benefits of viral marketing?

  11. Cadbury’s – king of viral? What benefits have Cadbury’s gained from these marketing campaigns?

  12. Technology USP… • Which companies generate revenue from continual updating technology? • Software • Mobiles • TVs • MP3

  13. Culture of business How would technology effect… What is culture?

  14. How culture might be demonstrated • How contracts are negotiated and agreed • The personality and style of the sales force • The responsiveness of communication • The methods used for communication • How staff call each other • How employees are recruited • The way that visitors and guests are looked after • How the working space is organised • The degree of delegation & individual responsibility Can you give examples of how technology will have changed these areas?

  15. Look at the following slides How will these new apps affect culture?

  16. Business apps

  17. Business apps

  18. Business apps

  19. Business apps

  20. Handy’s Four Classes of Culture Power Role What does each of these mean? Task Person

  21. Power culture • Control radiates from the centre • Concentrates power among a few • Few rules and little bureaucracy • Swift decisions are possible

  22. Role culture • People have clearly delegated authorities within a highly defined structure • Hierarchical bureaucracy • Power derives from a person's position • Little scope exists for expert power Power

  23. Task culture • Teams are formed to solve particular problems • Power derives from expertise as long as a team requires expertise • No single power source • Matrix organisation • Team may develop own objectives (a risk) Functional Depts Project Teams

  24. Person culture • People believe themselves to be superior to the business • Business full of people with similar training, background & expertise • Common in firms of professionals – e.g. accountants & lawyers • Power lies in each group of individuals

  25. Processes and systems used within the business How has technology helped?

  26. http://news.bbc.co.uk/1/hi/uk/8409337.stm • EPOS – tills! • http://www.youtube.com/watch?v=Vv5GQ6c_ls8 • Textile industry

  27. Homework… Reminder of HWK Textbook p 315 Walmart Case study

  28. Further reading • http://www.businessweek.com/technology/

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