Strategic Initiative Learning Team B FIN /370 26 February 2012 Farookh Syed Strategic Initiative Introduction. Technology creates opportunities for people and organizations achieve their dreams (Microsoft.com). Microsoft’s innovation has led to quality, high profile and dynamic products which many businesses and consumers desire in a product. In the past year Microsoft has launched products such as Xbox Kinect, Microsoft 365, Microsoft Phone, and Bing. While these products are highly successful Microsoft continue to push the envelope to create and improve products that are synchronized with tablets, PCs, game systems, and phones in businesses and consumers to increase their productivity.
The Internet allows Sony to effectively reach a vast quantity of their customers and provide them with content and support that they need. Sony is determined to lead the technology industry by continuously developing new and innovative products that give the company a competitive advantage. Sony has a convergence strategy that involves bringing together several different technologies and forms of media in a manner that links them together and integrates their applications for customer convenience. The concept involves bringing together computers, consumer electronic devices, and telecommunications which will create new possibilities and experiences for Sony’s customers (Sony Corporation, 2012). Sony is developing new hardware, software for both existing and future hardware platforms, media content, and services that customers will appreciate and enjoy.
1. What efforts is Daum making to expand globally? In what countries does it maintain a presence? Daum, being the leader in the internet services have business expansion plans and vision to be the undefeatable No.1 much like YouTube in the United States. This vision saw them acquiring businesses such as Lycos for their business expansions and deploying Advanced Enterprise Management Platform based on Oracle’s E-Business Suite to help expand its business globally.
P5 Explain how internet marketing has made a selected business more efficient, effective and successful. The opportunities for business efficiency based on the increasing availability of the web technology which gives Perfect Paints all kinds of opportunities to speed up the interactions with both suppliers and customers. Therefore this can lead to a number of efficiencies. Firstly, the supply chain efficiencies is when a business will always be both a buyer and a seller, buying products from other businesses, buying product from others and selling to others or private consumers. A company like Perfect Paints has to buy the materials it used before it can sell finished products.
01. Investigate the approach that Cisco Systems has used in its many successful acquisitions. What are some of the human resource practices that have made its acquisitions successful? Using acquisitions as a strategic Weapon for increasing market share while enhancing customer satisfaction. Targeting companies that provide best fit for CISCO’S own strategic direction and corporate culture.
IT/205 Week 1 Checkpoint Instructor: Celesta Blake by Joshua Foultz Difference between IT and IS Information of technology is all the devices, hardware, software, and programs that helps a company in order to achieve their business goals and objects. The Internet has become one of the most useful types of technology that has help business today. It allows them to market, communicate, and ship their products around the world more efficiently and quickly. “Information systems is an integrated set of components for collecting, storing, and processing data and delivering information, knowledge, and digital products”(Encyclopaedic Britannica, Inc, 2012). The difference between the two is information of technology is limited to technology, as information systems is more complex.
Their focus is designing, manufacturing and marketing networking equipment such as internet infrastructure, wireless connectivity technology, switches, routers and other advanced infrastructure systems. The company was founded in 1984 (NASDAQ: CSCO), is included in the Standard and Poor 500 Index, and in fiscal year 2012 had revenues of over $36.3 billion. Cisco’s annual report states that its mission is to shape the future of the internet by creating unprecedented value and opportunity for its customers, employees, investors, and ecosystem partners (Cisco 2012). Recently, the company has been a party in litigation regarding tax evasion, intellectual property rights, human rights abuses, antitrust suits and breaches of contract. These numerous law suits signal that there are areas where Cisco may have employed unethical business practices contrary to their Governance and Ethics values that are stated plainly on their website and in numerous corporate communications.
. What is IBM’s “Smarter Planet” business strategy? How does this strategy relate to IBM’s mission and values? IBM “Smarter Planet” business strategy is based on the idea that the next major revolution in the global market place will be the instrumentation and the integration of the world’s processes and infrastructures, generating unprecedented amounts of data. The result of the business strategy will be an IBM more efficient, productive and responsive to assist businesses with their technical needs.
The University of Technology can benefit from alternative business and revenue models afforded by the internet. The University of Technology is thought to be the Mecca of technical education in Jamaica. In today highly technical continuous learning is inevitable for any individual or industry to remain viable and competitive. The challenge has been to find innovative ways to access life-time education while still maintaining a hectic work, social and family life. The availability of reliable high speed internet, quality video and audio software are some of the driving forces behind the success of e-learning initiative across the world.
Business Description Prodigious Ink is a company based on the internet. Web design, graphic design, business printing, and photography will be offered through a website. Vision Statement Prodigious Ink is a service-oriented and customer-focused team that is driven to become the best company to choose when needing web design, graphic design, business printing, and photography by: • Building a profitable, stable, and growing business. • Delivering quality and integrity in our work. • Creating a fun atmosphere for both employees and customers.