For this week's discussion, please answer one (1) of the following questions. Your initial posting...

Question

For this week's discussion, please answer one (1) of the following questions. Your initial posting must consist of at least 150 words. ONLY ANSWER 1 OF THE FOLLOWING QUESTIONS.

Why are standards so important in high-tech industries? What are the competitive implications of this?
Discuss the impact technology has had and continues to have on business strategy.
Are the following global standardization industries, or industries where localization is more important: bulk chemicals, pharmaceuticals, branded food products, moviemaking, television manufacture, personal computers, airline travel, fashion retailing?
What kind of companies stand to gain the most from entering into strategic alliances with potential competitors? Why?

Jose · Accepted Answer

The University of Queensland
1
Business      
Business 
Business Ethics
Individual
Lecturer: 
Student Submitting: 
Due Date: 03/08/2020
Discuss the impact technology has had and continues to have on business strategy.
References
Most of the companies are giving more importance to technology. Technology plays a significant role in the overall performance of companies. Companies like Amazon and Google integrated sophisticated tools and techniques for managing operations in a productive way. Technology allows the business to communicate the needs and interest to the customers, it also helps for making changes to the current practices and policies.

For this week's discussion, please answer one (1) of the following questions. Your initial posting must consist of at least 150 words. ONLY ANSWER 1 OF THE FOLLOWING QUESTIONS. Why are standards so...

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