Annalysis of ICT and Value Chain of Video shop
EXECUTIVE SUMMARY
Information and technology sweeps through our economy and no company can escapes from its effects. Information technology is a critical resource for today’s businesses. Information system help simplify organizational activities and processes such as moving goods, stocking shelves or communicating with suppliers. In this report we have discussed the strategic use of information system for industry analysis (external environment) of Video shops, strategic implication of ICTs, identification of key activities through value chain and identify how ICTs Support these activities. This report is all about checking the weak linkages. It also shows how we can transform our negative forces to positive and improve our value chain linkages. It also explains the importance of ICT’s and how they can help in transforming business from loss to profit by applying certain technology. In this report you also find the importance of value chain and its primary and secondary activities how it is important to have a good co-ordination between the two and within these activities. The video shop industry in New Zealand is not doing so good as there are several other substitutes available and people are preferring those substitutes. So after this the industry can apply this technology to compete with them and can leave a good affect on the people using it.
Table of Contents
1) Introduction --------------------------------------------------------------------------- 4
2) Discussion ------------------------------------------------------------------------------ 5
a. Porter Five Forces----------------------------------------------------------- 5
b. ICT’s to convert Negative to positive----------------------------------- 9
c. Value Chain
Information and technology sweeps through our economy and no company can escapes from its effects. Information technology is a critical resource for today’s businesses. Information system help simplify organizational activities and processes such as moving goods, stocking shelves or communicating with suppliers. In this report we have discussed the strategic use of information system for industry analysis (external environment) of Video shops, strategic implication of ICTs, identification of key activities through value chain and identify how ICTs Support these activities. This report is all about checking the weak linkages. It also shows how we can transform our negative forces to positive and improve our value chain linkages. It also explains the importance of ICT’s and how they can help in transforming business from loss to profit by applying certain technology. In this report you also find the importance of value chain and its primary and secondary activities how it is important to have a good co-ordination between the two and within these activities. The video shop industry in New Zealand is not doing so good as there are several other substitutes available and people are preferring those substitutes. So after this the industry can apply this technology to compete with them and can leave a good affect on the people using it.
Table of Contents
1) Introduction --------------------------------------------------------------------------- 4
2) Discussion ------------------------------------------------------------------------------ 5
a. Porter Five Forces----------------------------------------------------------- 5
b. ICT’s to convert Negative to positive----------------------------------- 9
c. Value Chain
References: • Investopedia. (2013). Retrieved from http://www.investopedia.com/features/industryhandbook/porter.asp • Mind Tools. (2013). Retrieved from http://www.mindtools.com/pages/article/newSTR_66.htm • Mind Tools. (2013). Retrieved from http://www.mindtools.com/pages/article/newTMC_08.htm • Saunders, C. &. (2010). Managing and using Information System. • Stratergy keys. (2013). Retrieved from http://www.strategy-keys.com/michael-porter-five-forces-model.html • Vidal, D. (2013). AIS MIT Handouts. AIS.