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business
strategic management 5th
Questions and Answers of
Strategic Management 5th
What are some of the key factors that will determine how e-business will develop in the future?
What are some scenarios for e-business development in the developing world?
What are the consequences of technology developing faster along one or other of the routes shown in Figure 10.1?
Which industries and businesses are most likely to be affected by the technologies in this chapter?
years?
How will e-business develop in the next
What are some constraints on the development of e-business?Discussion questions
What is future mapping?
What are the key elements of a scenario?
What is biometrics?
Give examples of software under development that will make e-business more userfriendly.
Give examples of some of the applications in the home that will be made possible by OSGi.
What will Internet2 provide?
Draw a relevance tree showing the key technological choices in providing intelligent, user-wearable devices, such as a wristwatch.
Give examples of the different types of growth observed in industries.
What can be done to overcome the digital divide?
Why should businesses be concerned about the digital divide?
What is your opinion about the OECD taxation proposals?
Which issues relevant to e-business should not be regulated by government?
How should business on the Internet be regulated?
Is the concept of copyright outdated given the widespread use of the Internet?
Should business model patents be allowed?
What are some social issues that are raised by the increase of e-business?Discussion questions
Explain why competition law is a particular issue for e-business.
What are some taxation problems that could arise in crossing jurisdictional boundaries?
Explain arguments for and against stronger encryption policies.
What are some technical solutions to data privacy?
Explain the justification for business model patents.
Explain how copyright infringement can arise without physically copying material from another website.
Describe the types of conflict that can arise over domain names.
Explain the difference between the various types of intellectual property and give examples of each in e-business.
Explain how digital signatures and digital certificates work.
Does implementing an Internet-based business strategy create any particular problems compared with other IT-based strategies?
Why should there be problems in integrating real and virtual operations?
What are barriers to adoption of e-business?
How does the stockmarket influence dot.corp structure?
Do incubators increase or reduce risk? For whom?
How relevant are the existing organizational forms for e-business?
Explain how the following businesses may be unbundled in the e-business environment: a software developer, a construction company, a university.Discussion questions
What is a ‘‘digital function platform’’ and how does this affect e-business?
What is ERP software and how can it be integrated with Web-based applications?
What are the other things, apart from structure, that may need to be changed when converting to an e-business?
Give examples of different types of patching.
What are the different benefits of incubators?
How are E-form organizations different from traditional organizations?
Describe various dot.com governance modes and the pros and cons of each.
Give examples of how e-business can help knowledge management.
What are some common problems in implementing e-business models?
Describe the different types of virtual organization.
What differences would you make in the strategic decision-making process in an e-business compared with an offline business?
How should Internet businesses be valued?
What are the key uncertainties in the e-business environment at present?
Discuss the importance of time in e-business.
Is hypercompetition inconsistent with first-mover advantage?
Which traditional strategy frameworks are useful for e-business and which ones are less useful?
Explain how real options can be used to value an e-business.Discussion questions
Explain the term ‘‘gravity-free balance sheet’’.
List various ways for valuing an e-business and give their pros and cons.
Describe and give examples for each of the generic strategies identified by Hax and Wilde.
What are the various roles that a business can adopt in syndication?
Sketch a diagram of the value net and the value web for your business.
What are some of the key drivers of competitive advantage in e-business?
Explain the term ‘‘hypercompetition’’ and why this is relevant for e-business.
Identify the various revenue streams that are possible in an e-business.
Explain how the virtual value matrix can be used to identify e-business opportunities.
What will be the likely impact of new technologies, such as rich media and mobile communications, on industries?
What will be the impact of the Internet on the location of business activities worldwide?
Whose view about the impact of the Internet on strategy do you agree with: Michael Porter’s or Don Tapscott’s?
Can e-business ever replace face-to-face interaction?
Why is trust important in e-business and how can it be improved?
Are pressures for disaggregation increasing relative to pressures for consolidation?
Given the advances in information technology that are likely in the future, is the position of infomediaries sustainable?
How is e-business changing the structure of your industry?
How and why may the impact of e-business vary by industry and country?
Apart from transaction costs what are some of the other factors that may affect how e-business impacts an industry?
Give some examples of digital convergence.
Explain the different assumptions in Malone’s electronic market hypothesis and Clemon’s move-to-the-middle hypothesis.
Explain the law of diminishing firms.
How can transaction costs help explain ‘‘deconstruction’’ of activities in an e-business?
Explain what is meant by disintermediation and reintermediation.
Give examples of changes to the value chain and the value system brought about by e-business.
How can Porter’s model be adapted for a converging industry?
Explain how the five forces in Porter’s model may be changed by e-business.
Does the Internet advantage or disadvantage minorities in purchasing?
How should Internet access be priced?
Should unlimited sharing of digital products, such as software, be allowed?
Will e-commerce lead to lower consumer prices generally?
What would be the impact of micro-payments in your industry?
How is e-commerce changing costs in your industry?
Give examples of different Internet pricing schemes.
Explain the law of increasing returns.
Explain the differences between private, public and club goods and give an example of each in e-commerce.
Describe the various types of discriminatory pricing and how these can be achieved in e-commerce.
Give examples of how e-commerce enables greater product differentiation.
Give examples of different types of B2B exchanges.
Which types of cost are likely to be higher for consumers in electronic commerce?
Give examples of how e-commerce can reduce the following types of cost:. Production.. Distribution.. Transaction.
How should we assess the effectiveness of a website?
Discuss the possible problems in implementing an integrated marketing campaign.
Which emerging technologies are likely to have the greatest impact on marketing?
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