How can a mature business use information systems

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Reference no: EM133199729 , Length: Word count: 2 Pages

Question 1: When a company initiates a new project and examines its capabilities, it is found that the capabilities do not exist within the company. What are 2 common solutions to this? Provide some benefits for each solution

Question 2: When setting a price for a specific product what are 2 of the possible ways to do this? How can Information Systems help do this better (list at least 1 IS benefit for each pricing method)

Question 3: Regarding Barriers to Entry (Porter's 5 Forces): how can a new business use Information Systems to help overcome Barriers to Entry? Please list and explain at least 2 examples.

Question 4: Regarding Rivalry among Existing Competitors (Porter's 5 Forces): how can a mature business use Information Systems to minimize or curb Rivalry and make it more difficult for a new entrant to a market?

Reference no: EM133199729

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