Question

using the value chain model, how to explain the role of information technology in improving the competitiveness.in an organisation or an industry.

How to use SWOT analysis or use the Porter five forces to start with competitor analysis.

Also how to use the Porter’s value chain model to discuss the role of information technology to enhance the competitiveness of each set of activity, including primary and support activities.

Elaborate and explain tthe above using any compnay as example.

Answer 1

**** As per Chegg guideline answering one question****

using the value chain model, how to explain the role of information technology in improving the competitiveness.in an organisation or an industry.

In order for a company to get by in its territory of business, it must be superior contrasted with its competitors and therefore make progress toward competitive advantage. competitive advantage is the point at which an organization or business endeavors to be the market chief in the territory they offer their business or administration. Competitive advantage can be accomplished by an organization in an assortment of ways, for example, implementing a portion of the following techniques; restructuring the business, procedures to lessen overheads, offer additional administrations to existing customers just as looking for new customers and continually looking at the changes in the internal and outside condition and react to changes that may influence the businesses profitability. By implementing a portion of these techniques this will enable the organization to increase its profitability and increase its piece of the overall industry.

For a company to accomplish competitive advantage the organization can be analyzed in two different ways. These two different ways are Porters Five Forces and The Value Chain Model. Both of these analysis techniques take a gander at various parts of the business. For this situation, Panasonic will be analyzed using both of these techniques.

The Value Chain Model features explicit exercises within the business where competitive procedures can be applied and where information frameworks are probably going to have a key effect. The Value Chain Model distinguishes exact, basic influence points where an organization can utilize information technology most adequately to increase its competitive advantage within its piece of the overall industry. The increase in the piece of the overall industry will enable the organization to turn out to be more profitable, diminish operating expenses and improve correspondence within the organization internally and remotely.

The Value Chain Models takes a gander at an organization as essential arrangement of chain exercises that increase the value of an organizations items or administrations. These exercises are categorized in to two exercises. These exercises are known as Primary and support exercises.

As the competitiveness in the electronic sector is so reliant on technology it is important for organizations to innovate new thoughts into items.

The danger from substitute items is genuinely low as individuals are more inclined to utilize brands that they know about so on the off chance that they wanted to switch brands for an option modest brand the expenses are low however they can be high on the off chance that they wanted to change to a much elective brand, for example, Sony which is commonly observed more costly. Technology can likewise be a factor for instance presently individuals can stare at the TV on cell phones and laptops. Example when Sony In 2005 Panasonic has responded well to change and improvement in technology this was seen when Sony, Panasonic, and Philips propelled Bluray technology against the HD DVDs that were propelled by Toshiba, Microsoft, and Hitachi. A great part of the achievement of the format was subject to which retailers favored and advertised items their items.