A Competitive Advantage. Essay, Research Paper
Describe in detail the ways that telecommunications technology can provide a firm with a competitive advantage.
A competitive advantage can be achieved by enhancing the firm?s ability to deal with customers, suppliers, substitute products and services, and new entrance into its market. A firm may find it difficult to keep informed of all changes taking place within its industry, but with the proper telecommunications system a firm could easily gain a competitive advantage over their competitors. Telecommunications can be defined as a communication of information by electronic means usually over some distance and much of today?s telecommunications are in the forms of digital data that is transmitted from the location to another using computers.
In today?s society, businesses are using several forms of telecommunications such as: the information superhighway, wireless technologies (ie. cellular telephones), local and wide area networks, and more familiar forms of communications such as the faxes, voicemail and teleconferencing. These developments in the world of telecommunications are changing the way in which we work and live.
Telecommunications can provide firm competitive advantage in many different ways. The first and probably most obvious way that telecommunications provide the competitive advantage is through the amount of time saved by an organization. Telecommunications can enable a firm to transmit raw data and information quickly and accurately between remote sites. As a consequence any number of business procedures that would otherwise rely on other media such as mail with telephone may be rethought an accelerated. Or filling for example can be done rapidly if the order is transmitted from a laptop infield directly to warehouse. By reducing information flow weekend raise the quality of decision-making. For example as point-of-sale data become available to retailers executives in the form of analytic reports merchandising functions is vastly improved. The national newspaper USA is at it and composed at headquarters of its publisher Gannett Corp. in Arlington VA and transmitted over the satellite network to 36 printing plants in United States Europe and Asia. It reaches 6 million readers each weekday in a timely fashion and offers high-quality color reproduction. Since its 1982 launch the paper missed only one publication date because of the telecommunications failure due to a lightning hit.
Service excellence has been recognized as the prime source of competitive managed by tracking deliveries and selling information as part of the service Federal Express and its follower in that regard United Parcel Service race the quality of their service and use information systems strategically.
Overcoming geographical disbursement.
Telecommunications enable an organization to geographically remote sites to function to a degree as though the sites for a single unit. The farm can break benefits of scale and scope which would otherwise be unobtainable. For example Chrysler has an inventory management system that allows it to efficiently share parts located in a number of dispersed warehouses with huge cost savings. Back office functions they also be performed in locales where an inexpensive labor force is available.
Consistent management is possible throughout dispersed perhaps globally disbursed corporate subunits. The ability to exercise defective centralized control enables corporations two decentralized decision-making to local managers.
Beginning close to the customers is time hollowed business wisdom. But in eight telecommunications close this does not require the physical presence of a large corporate entity: it may need nearly a quick established field office with a skeleton staff support with telecommunications links to other parts of firm. Marrow Corp. a financial printer maintains only sales offices in the field closed with clients with its production facility located at headquarters in St. Paul MN, where an inexpensive and well-trained labor pool is on hand. This is getting the firm in decisive competitive advantage over competitors were saddled with high cost of multiple production facilities maintained at sales offices across the country. Is the globalization of business progresses QuickDraw forms of electronic presence designed to penetrate new markets may be expected to proliferate.
Restructured business relationships
Telecommunications made possible to create systems which restructured interactions of people within a firm as well as a firm?s relationship with its customers. Operational efficiency may be raised by eliminating intermediaries from various business processes. Such intermediaries include people and the paperwork now been replaced by EDI middle managers whose primary role is providing information and brokerage services are no longer needed since the firm to replace them with its own telecommunication based sales and service network.
And experts knowledge may be distributed by providing access to him or to Harvey teleconferencing facilities : eclectic knowledge may be created by setting up teleconference on an
Другие работы по теме:
Dsl Vs Cable Essay Research Paper 22
Dsl Vs. Cable Essay, Research Paper 2.2 Why focus on Internet access? Internet access has several desirable properties as an application to consider for exercising residential infrastructure. Internet technology is
College Admission Essay Research Paper Shakespeare once
College Admission Essay, Research Paper Shakespeare once said “We know what we are, but know not what we may be”. While I do not know what my future holds or how I will spend the bulk of my adult life, I know that only education will detect my interest and enrich my soul. I believe Kean University will provide me with the perfect atmosphere and give me the education I need to succeed in life.
Technology And Marketing Essay Research Paper Part
Technology And Marketing Essay, Research Paper Part I In 20/20 Vision, future consumers were described as sophisticated consumers who are educated, wired professionals with some significant disposable income. Technology, including the Internet, will continue to play important roles in their lives.
Technology Factor Analysis Essay Research Paper The
Technology Factor Analysis Essay, Research Paper The main function of my project is to provide a means by which I can measure progress.? It will therefore have to provide resistance when it is used, and have an indicator,
Technology For Humans Essay Research Paper
“A Comment about Technology” It is my understanding that in the past 200 years, technology has advanced at an astonishing rate. Man’s advances in modern science have led to several cures for once common fatal diseases. I believe the average life span of Americans in the early 1800’s was something like 40-45.
Technology Essay Research Paper How Technology Has
Technology Essay, Research Paper How Technology Has Changed The Way Businesses Work Technology has definitely changed the way businesses operate today. Over the last three years many standard procedures have now become obsolete. With the invasion of the Internet the entire picture has changed. Business has had to quickly transform to keep up with the technological
Telecommunications Essay Research Paper Overview of Communications
Telecommunications Essay, Research Paper Overview of Communications Industry One of the fastest growing industries in recent years has been the communications industry, particularly the cellular and personal communications industry. This global explosion of technology has spread, rapidly linking both highly industrial areas as well as that of the third world and emerging countries.
Telecommunications Act Of 1996 Essay Research Paper
This paper analyzes the effects on the implementation of the Telecommunications Act of 1996 (”Act”) on US telecommunications markets and is based on my forthcoming book with the same title. The Act is a milestone in the history of telecommunications in the United States. Coming 12 years after the breakup of AT&T, the Act attempts to move all telecommunications markets toward competition.
The Firm Essay Research Paper Fraud in
The Firm Essay, Research Paper Fraud in The Firm John Grisham was born in Jonesboro, Arkansas, on February 8, 1955. In 1967 he lived in Southhaven, Mississippi. In 1977 he received an undergraduate degree in accounting. In 1981 he attended law school at the school at the University of Mississippi where he earned a degree.
Mergers Essay Research Paper Governments should discourage
Mergers Essay, Research Paper ?Governments should discourage mergers in the communication industry.? Our group will be disagreeing with this statement through out the project. We will be using texts and examples in order to support our ideas. Also we will be using reasoning and common sense in some cases.
Pure Competition Essay Research Paper Pure CompetitionThere
Pure Competition Essay, Research Paper Pure Competition There are many industries. Economist group them into four market models: 1) pure competition which involves a very large number of firms producing a standardized producer. New firms may enter very easily. 2) Pure monopoly is a market structure in which one firm is the sole seller a product or service like a local electric company.
Technology In The 40
′S And 50′S Essay, Research Paper In the late forties and the fifties the United States mad great progress in the area of science and technology. This was partly due to the fact that America had more money to spend, they had an increase in the number of university trained scientists, and a growing commitment to the future.
Learning With Techonology Essay Research Paper The
Learning With Techonology Essay, Research Paper The best method for improving educational standards is to utilize every tool available, including state-of-the-art technology. Computers and the Internet have expanded the way in which information can be delivered to the students of today. Today’s networking technologies provide a valuable opportunity to practice new learning techniques.
Answer America
’s Call Essay, Research Paper Answer America’s Call Throughout the history of America there have been several different answers to her call. Every different time period has had it’s own call, from
The Debate Over The Communications Act Essay
, Research Paper The Telecommunications Act of 1996 was the biggestoverhaul of telecommunications regulation since the original Communications Act of 1934. This actdrastically changed modern communications laws. The Telecommunications Bill was proposed by Senator James Exon, of Nebraska, and Senator Slade Gorton, of Washington, on February 1,1995.
Telecom Act Of 1996 Essay Research Paper
Telecommunications act of 1996 In an attempt to take control of telecommunication technology, congress passed the Telecommunications Act of 1996. This massive act comprehensively addresses virtually every current aspect of telecommunications. It is the first major telecommunications legislation enacted since the Communications Act of 1934, which essentially established the air waves as public property, regulated by the government.
Telecommunications Act Of 1977 And 1996 Essay
, Research Paper Telecommunications Act of 1976 and 1996 These two Telecommunications Acts had the most impact on the United States of America. In the past before the telecommunications act, AT&T had taken over the the age of electronics; three things to be in exact, Voice (Telephone), Video (Broadcast Industry), and Data (IBM).
THE TELECOMMUNICATIONS ACT OF 1984 Essay Research
Paper THE TELECOMMUNICATIONS ACT OF 1996 The Telecommunications Act of 1996 by definition : To promote competition and reduce regulation in order to secure lower prices and higher quality services for American telecommunications consumers and encourage the rapid deployment of new telecommunications technologies. (3)
Fcc And Mergers Essay Research Paper The
Fcc And Mergers Essay, Research Paper The Communications Act of 1934 established the Federal Communications Commission (FCC). Its main purpose back then was to control and regulate all means of communication, from radio, television, wire, satellite, and cable. It is governed by five commissioners, and reports to Congress.
How Technology Effects Education Essay Research Paper
The best method for improving educational standards is to utilize every tool available,including state-of-the-art technology. Computers and the Internet have expanded the way inwhich information can be delivered to the students of today. Today’s networking technologiesprovide a valuable opportunity to practice new learning techniques.
Sun Microsystems Inc Essay Research Paper Sun
Sun Microsystems, Inc. Essay, Research Paper Sun Microsystems, Inc. NASD : SUNW Sector: Technology Industry: Computer Hardware Sun Microsystems, Inc. is a worldwide provider of products, services and support solutions for building
Clusters In Business Essay Research Paper Competitive
Clusters In Business Essay, Research Paper Competitive advantage is not created within a single firm alone. Efficiency in internal operations is essential but not necessarily sufficient to compete globally. Factors external to the business are increasingly important. Each firm is inherently part of a “cluster” of activities made up of firms along the value chain as well as related and supporting organizations e.g. research and development, finance, worker skills, infrastructure.
Integrated Circuit Essay Research Paper Information technology
Integrated Circuit Essay, Research Paper Information technology, IT, which comprises electronic computer technology and telecommunications technology, in the last few decades have changed our society radically. Behind this development lies a very advanced scientific and technical development originating largely from fundamental scientific inventions in physics.
Technology In Education Essay Research Paper Technology
Technology In Education Essay, Research Paper Technology in Education: Who s Really Learning? Nearly a decade ago, educational leaders and politicians believed that it was necessary to improve the use of technology in the classroom by implementation of more resources. Based on the growing use of such technology, as well as the need for individuals capable of servicing and working with this technology, a plan was created.
Lucent Technologies Report Essay Research Paper LUCENT
Lucent Technologies Report Essay, Research Paper LUCENT TECHNOLOGY COMPANY OVERVIEW Lucent Technologies is a company that is focused on being a leader in the field of technology in building a broadband and mobile Internet community that will hopefully make a difference in the way people communicate. Lucent also provides the systems, software, silicon, and services for what has been created as the largest networking company built from the ground up in history.
Financial Analysis Of Cisco Essay Research Paper
CISCO Introduction Cisco Systems, Inc is one of the worldwide leader in networking for the Internet. Their hardware and software solutions are used for linking computers and computer networks so people have easy access to informatin. Cisco has a strong financial status, it is showing stead growth and Products Cisco Systems produces the industry s broadest range of hardware for building networks and for allowing others to access those networks.