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Breaking Structural Barriers- It is useful for a firm to break structural barriers that inhibit its operations or limit its drive for competitive advantage. Computers as well as telecommunications networks is able to help a business develop strategic relationships by establishing's new electronic linkages with suppliers, computers and other business entities. The Intranets, Internet, Extranets and other telecommunication networks can support innovations in the delivery of services raise the scope and penetration of markets.
Exp - Miller Brewing with Reynolds Metals: -The Miller Brewing Company is a customer of Reynolds Metals Company in addition to one of Reynolds's EDI business partners. Miller is assisting Reynolds reduce the inventory of aluminium coils used at tin can manufacturing plants and track the quality of aluminium that is received from Reynolds and other suppliers. Reynolds developed software that make possible Miller to use EDI and extranet links to Reynolds to track in transit inventories as well as do materials forecasting and ordering as well as quality control monitoring. Therefore EDI and Reynolds's extranet have helped it to develop a new business alliance with one of its biggest customers.
Problem 1: a. What is price elasticity of demand and how is it measured? b. Using diagrams explain: (i) A good with price elastic demand (ii) A good with price inelastic d
how price and output determined under monopoly in short period
QUESTION On-line payment providers have started playing a big role in today's payment system, particularly, when Internet offers new business opportunities, making Epayment ver
finance via internet
What are the functions of lower management? Lower Management: This includes Foremen, Office superintendent, Supervision or charge-hands and Inspectors and many more. L
What are the types of Entrepreneur on the type of Business? Classification of Entrepreneur based on the type of Business: a. Industrial Entrepreneur: It is an entrepreneur
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Effect of producing Varity of Small Volume Products: As you know that each new variety of products will require new set-ups for all processes involved and hence consume precio
The LD2 group has grown rapidly over the past five years by acquiring a number of smaller kitchen accessory manufacturers and kitchen suppliers and fitters. As a consequence of thi
5. The average annual investment cost of a workstation in New Jersey has been calculated to be $100,000. It has been calculated to be $150,000 in Kentucky. The hourly cost at a wor
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