week4

Week3

Today lecturer we completed week 3 lecturer which was about issues with the managing the IS infrastructure.
Increasing pace of modern technology caused:
Software obsolescence:  company like Microsoft are continuously developing new and improved software.
the new operating system often require new hardware therefore older generation application software are incompatible with new one.

Plan Obsolescence:
product are the design just for a short period of time therefore organisations are oblige to make Decision and make changes  or update their system.

we also talk about space and facilities requirements
Demand fluctuation.

Week 4
its was about the Digital Business and its Environment;
1 Digital Commerce Environment:
Micro-Environment: immediate marketplace, most significant: we have need of costumers and how services are delivered. what position they have and what they can offer.
Macro-Environment: wider influential marketplaces:
Local and International economic ,legal cultural, technological and moral factors.
Impact of digital Communication:
Disruptive Technologies: on line  marketplace  such as easy-jet line had to change their booking
system

Disintermediation: The removal of intermediaries that link the organisation to its customers.

Reintermediation: the introduction or creation of intermediaries between the customers and suppliers through supplier searches and product evaluations services.

 Digital Business Models:is compose of 8 key elements to summarise the E strategy.

1. Value proposition

2.  Market audience
3. Revenue Model
4. Competitive Environment
5. Value Chain and Market position
6. Physical/Virtual Representation
7. Organisation Structure
7. Management Experience and Knowledge in its own sector.

Seminar
 Today seminar started with excel ,we did some exercises
1. Score Rating command on fantastic and not good enough
2. Movies Flop command on flop and success
3. Test Results. Lookup.