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1. Explain Michael Porters 5 Forces Model of Competition with the help of Information Technology examples. 2. Consider the following situation: You are going to

1. Explain Michael Porters 5 Forces Model of Competition with the help of Information Technology examples.

2. Consider the following situation: You are going to start your business it could be anything, designing an app, e-commerce store, retail store, any industry youd like. Which of the following will be your Information system strategies for dealing with the competitive forces?

Low-cost leadership
Product Differentiation
Focus on Market niche
Strengthen customer and supplier intimacy

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