Mgcr 331 How It Affects the Business
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How IT affects the businessAutomates, supports human info processingHas been a role of IT in business for many decadesExpands the productivity of knowledge workersFacilitates new processes and strategyNew business strategy (sell directly to customers)New product strategy (customize products for individual needs)Transforms existing marketsMusic, movies, TV, books etc. Competitive Strategies = Quality x Cost x Delivery x Safety x Employee Engagement x (Innovation)Case 10.1Pros:More controlEcon of scale – can use this central system on all other brandsCan customize their future data structureCons:Have to hire people (hard to get good ppl)If it goes wrong, what to doLimited to their own resourcesDon’t have access to “best of breed” Suggestion:Look at the historical data, identify and analyze the problemSession 7:2. Decision to make it out the market- decide target audience- price- advertise (social media)- how to differentiate yourself – who can develop the games? (Nintendo themselves or third party or third party under license)- the design itself – the life span – “half life” of it, when will the new one come out, working on the new one- the distribution channel, where to sell it?

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Strategynew Business Strategy And Third Party. (July 14, 2021). Retrieved from https://www.freeessays.education/strategynew-business-strategy-and-third-party-essay/