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Shohorat Bin Lutfar ID: 182011178
Shohorat Bin Lutfar ID: 182011178
Shohorat Bin Lutfar ID: 182011178
ID : 182011178
1.
Four strategic business objectives of using an Information System:
New products, Services and business models : In this phase we are planning to identify
what new products and services we are going to sell in the market. In this we plan the
trending market or the targeted market and The models of the business are important in
the established business as well as new businesses. It helps to grow an organization by
motivating the peeps and the staffs of the organization.
Customer and supplier intimacy : In this phase we are more focusing on how to apply
the strategy to get the better and effective outcomes. And these strategies gives strength
to the customer base and the intimacy of the suppliers. These strategies builds the strong
relationship between the company and their suppliers. It also gains the trust to a business
and also help to build good relationships.
3.
The online shopping (e-commerce) industry for grocery in Bangladesh using Porter’s
Competitive Forces Model :
Rivalry among Existing Competitive Sellers (Strong Force)
The level of rivalry in the industry is high because of the large number of players. The number of
local and global brands in the e-commerce market has grown and this has also led to higher
competition. Apart from Panda Mart, Daraz, and Evaly, there are several other local brands like
uBuy,chinidal.com etc along with some of the retail brands like Walmart and Costco. So, the
overall rivalry between these brands gets to be very strong.
4.
Essentially, cloud computing is a kind of outsourcing of software, data storage, and processing.
Users access applications and files by logging in from any device that has an internet connection.
Information and programs are hosted by outside parties and reside on a global network of secure
data centers instead of on the user’s hard drive. This frees up processing power, facilitates
sharing and collaboration, and allows secure mobile access regardless of where the user is or
what device is being used.
If I were a CEO of a firm,I would rely on Cloud Computing.Because :
Cloud computing has been around for approximately two decades and despite the data pointing
to the business efficiencies, cost-benefits, and competitive advantages it holds, a large portion of
the business community continues to operate without it.69% of businesses are already using
cloud technology in one capacity or another, and 18% say they plan to implement cloud-
computing solutions at some point. At the same time, companies that invest in big data, cloud,
mobility, and security enjoy up to 53% faster revenue growth than their competitors. But more
than that, they are using this technology to more efficiently run their firms, better serve their
customers, and dramatically increase their overall profit margins.Cloud computing operates on a
similar principle as web-based email clients, allowing users to access all of the features and files
of the system without having to keep the bulk of that system on their own computers. In fact,
most people already use a variety of cloud computing services without even realizing it. Gmail,
Google Drive, TurboTax, and even Facebook and Instagram are all cloud-based applications. For
all of these services, users are sending their personal data to a cloud-hosted server that stores the
information for later access. And as useful as these applications are for personal use, they're even
more valuable for businesses that need to be able to access large amounts of data over a secure,
online network connection.For example, employees can access customer information via cloud-
based CRM software from their smartphone or tablet at home or while traveling, and can quickly
share that information with other authorized parties anywhere in the world.Still, there are those
leaders that are remaining hesitant about committing to cloud-computing solutions for their
firms. There are a lot of business advantages of cloud computing :
Cost Savings
Security
Flexibility
Mobility
Insight
Increased Collaboration
Quality Control
Disaster Recovery
Loss Prevention
Automatic Software Updates
Competitive Edge
Sustainability
That’s why if I were a CEO of a firm,I would definitely rely on Cloud Computing.