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Examples of STAKEHOLDERS AND PARTNERS

Internal stakeholders are “people and organizations who are directly connected to a business and materially benefit or suffer as a result of its successes or failures” while external stakeholders “have an interest in the goods and services provided by a business to the extent of paying for them” (Gartenstein, 2018). Commonly, any entity who takes an interest in a business is a stakeholder, regardless their relationship with the business. This paper will consider partnership with stakeholders in a project and their levels of engagement. In general, the role of internal stakeholders (shareholders, airline investors, and board of directors) is to contribute to the financial advancement of the airline. Airline employees and management are also internal stakeholders who focus on the daily operations of the carrier and the provision of customer service. External stakeholders for the airline constitute passengers who are the driving force of the airline, without which carriers will cease ope

What is Amazon's secret formula to beat competition?

Develop a case report for the Amazon.com case using case report rubric and guidelines Case report must integrate your concepts and include some of the input of your peers from the discussion assignment conducted in the previous unit. According to REIFF (2019), "Amazon.com, Inc. (AMZN) is an e-commerce and cloud computing company headquartered in Seattle, Washington. It is known as the largest Internet retail company in the world. The company started as an online bookstore but has diversified to sell DVDs, software, video games, electronics, apparel, furniture, food, toys, and jewelry. The company also builds and sells its own consumer electronics such as the Amazon Kindle and Amazon Echo”. To develop a report for the Amazon.com, we will talk about its competitive forces, value chain models, business strategy, as well as its market expansion and the marketing 5P’s. Amazon’s Competitive forces. In concurrence with several other companies, such as Alibaba, eBay, Walmart, and even the

How Amazon is dominating online retail?

In 1995, former investment banker Jeff Bezos had the idea of using the internet to sell books directly to customers online via a website. At the time, there were approximately three million titles in print, (Laudon. K.C. et al. 2007) and any bookstore could only stock a fraction of them. Whereas, an online, or “virtual” bookstore could offer a much larger selection of titles. Bezos believed consumers did not need to actually “touch or feel” a book before buying it. Although there are many psychological triggers that can influence a consumer, Bezos felt that an online synopsis, tables of contents, and reviews, would be enough to help with selection and purchase. In addition to the broad selection, Amazon was able to charge lower prices than traditional High Street bookstores, as it carried very little of its own inventory, relying instead on distributors, and did not have the expense of maintaining physical storefronts or a large retail sales staff. In 1998, Amazon started selling CDs,

Why Amazon is leader in eCommerce?

“Amazon.com,” Inc. is a US-based multinational e-commerce company. Headquartered in Seattle, Washington, it is America’s largest online retailer, with nearly three times the Internet sales revenue of the runner-up, Staples, Inc., as of January 2010” (Fleerackers, T., 2010). To better understand the elements of Amazon’s success, we will study its competitive forces, value chain models, business strategy, as well as its market expansion and the marketing 5P’s. Competitive forces As explained by (Pratap, A., 2018), the five forces model was developed by Michael E Porter and can be used to analyze the level of competition and the forces that are affecting competition in the industry. According to Porter’s five forces model, five competitive forces determine industry profitability: bargaining power of suppliers, bargaining power of customers, the threats of substitutes, the threats of new entrants and rivalry among existing firms (Kroenke. D., 2007). Porter’s five forces analysis of Amazon:

How using agile changed BT/British Telecom?

Agile development methods are being adopted by a growing number of software development teams and organizations. Until 2004, British Telecom (BT) has yet made any serious inroads into agile development. After the arrival of the new CIO at the company, he understood and was aware of the business benefits that can be derived through faster and more effective software delivery and the motivational impact it can has on development teams if agile development is adopted. Therefore; he systematically replaced the company’s long-standing waterfall based delivery processes with a new one that shaped the key principles of agile delivery (Evans, 2006). Where Agile is a time boxed, iterative approach to software delivery that builds software incrementally from the start of the project, instead of trying to deliver it all at once near the end. It works by breaking projects down into little bits of user functionality called user stories, prioritizing them, and then continuously delivering them in

How British Telecom used agile to add a competitive advantage?

In 2005, British Telecom adopted agile programming. The need for agile programming came about as British Telecom began to replace an aging phone-traffic monitoring system. British Telecom wanted to give traffic managers the ability to more quickly make adjustments in the network loads, without the risk of system overloads. (Hoffman, 2008). The system that was replaced was not easy to upgrade. Additionally, the process of updates, included up to nine months of data gathering. Following, was at least 18 months of development. Competitive Advantage By implementing agile development, British Telecom experienced a change in the landscape of its employee base. Initially Managers were concerned with what their role would be and how would they demonstrated their value to the organization. By implementing an agile environment in which employees were encouraged to meet with customers to better learn their needs so that they could be met. Historically, British Telecom moved from documentation, qu

How Agile development methodology helped British Telecom?

BT Group plc (trading as BT and formerly British Telecom) is a British multinational telecommunication holding company headquartered in London, United Kingdom. It has operations in around 180 countries and is the largest provider of fixed-line, broadband and mobile services in the UK, and also provides subscription television and IT services (BT, 2018). Its obvious to recognize the impact of BT in the world of telecommunication, because its available in almost every country, and most importantly due to the qualities of their staffs and their business strategies. As state (Evans, 2006), “BT employs some 8,000 IT professionals in a variety of roles including project & delivery management architecture & design, software engineering, integration & testing, operational support and service management. Much of its internally-focused development work has traditionally been channeled through a number of business-focused delivery projects or programs, ranging from quite small, simpl

How information system changed the world?

The 21st century has seen a remarkable advance in terms of advances in information technology (IT) and corporate globalization. According to Roy (2017), "Literature and theory are used to develop a conceptual model for the adoption of information technology (IT) and the globalization of business purchasing behavior. and global are also examined. " Nowadays, information technology is able to do the following tasks: - Storage of large amounts of information - ubiquitous access to information - Astronomical types and amounts of calculations on information - Instant Wide distance communication in any format (text, video, audio) at low cost. - Things can be automated and scripted. (Storage of large amounts of information All of this ultimately means that the Internet is uniform throughout the world and accessible too (Khan, 2017) All this shows us that the Internet is uniform throughout the world and equally accessible and has transformed the world as a global village. We will, th

What is digital divide?

Technology is a vital force in the modern form of business globalization. Technology has revolutionized the global economy, become a critical competitive strategy, and globalized the world. The technology revolution is sweeping the globe and the transition from manual to electronic delivery of services both in public and private sector leads to the advancement of the business community throughout the world (Lamba & Malhorta, n.d.). Ultimately, it’s the Internet’s presence throughout the world that is behind the IT globalization. Information Technology being consistent and accessible means so is the internet. This, in turn, means the storage of large amounts of information and ubiquitous access to the information. Astronomical types and amounts of calculations on the information, as well as instant communication from a large distance in any format (text, video, audio) at low cost. Things can be automated and scripted. Given the preceding internet involvement, Information Technology’

What does Information Systems Ethics mean?

Information technology is now being perceived as the driving force in today’s globalization. This is because of the various roles played by information technology leading to a competitive world. These roles are: Information Technology has helped in changing the global marketplace (international trade) by enabling marketers to overcome some significant barriers like lack of common ethical standard, transportation cost, and delay in information exchange. Information Technology has achieved this by allowing software experts to work collaboratively over the network with companies from around the world and quickly establish operating standards and frequently keep in touch. Thus, this technological advancement has equally fostered research and development and has helped markets to manage globally at a rapid pace, as indicated by several kinds of trade extended to foreign countries (Lamba & Malhotra, 2009). Information technology has fostered communication and connections. Here, the em

What role does information technology have in globalization?

Globalization is the term used to refer to the integration of goods, services, and culture among the nations of the world. Globalization is not necessarily a new phenomenon; in many ways, we have been experiencing globalization since the days of European colonization. Further advances in telecommunication and transportation technologies accelerated globalization. The advent of the worldwide Internet has made all nations next-door neighbors (Bourgeois, 2014). Information Technology (IT) is a driving factor in the process of globalization. Improvements in the early 1990s in computer hardware, software, and telecommunications greatly increased people’s ability to access information and economic potential. While advancements in Internet-based tools over the past five to ten years, such as social networking websites, twitter, and other Web2.0 applications are changing the way people use and share information for personal, political, and commercial purposes. These developments have facilitat

What is SDLC?

Systems Development Lifecycle System development is the process of defining, designing, testing and implementing a software application. This includes the internal development of customized systems as well as the acquisition of software developed by third parties (Zandbergen, n.d.). The systems development life cycle, or SDLC, is the process of creating systems and the models used to develop these systems (Zandbergen, n.d.). There are following six phases in every Software development life cycle model (Linkedin, 2017): Requirement gathering and analysis. Business requirements are gathered in this phase. These requirements are analyzed for their validity and the possibility of incorporating the requirements in the system to be developed is also studied. Design. In this phase, the system and software design are prepared from the requirement specifications which were studied in the first phase. Test strategy is developed. Implementation or coding. The code is produced; the longest phase o