The Implications of an Extranet on the Business Model (graphics not available) Purpose of the Report The purpose of this report is to provide the strategic implications of an Extranet on my company's business model over the next three years. It is understood that the present business model utilizes an Intranet system. Background of the Topic When discussing Web-based technologies, we need to consider three distinct variations: the Internet, the Intranet and the Extranet. Internet The Internet
The ever-changing world of technology is making the world become smaller every day. Businesses and organizations are taking advantage of the advances in technology to improve their organizations. Technology’s influence reaches beyond improving relations within an organization to enhancing an organization’s ability to service its customers. But even more than that technology is influencing the shape of the organization itself. In order to realize the impact of technology on business organizations
factories, and suppliers to create more efficiency and produce less waste. We would need a complete system overhaul in our inventory system. Based on our analysis we would need a new inventory management system, and we would also need to create an extranet system to communicate between departments and suppliers. This system would have department specific login, and department specific information given based on that login. This would improve communication in all areas. An example is that the suppliers
An Analysis of the Internet The internet can be defined as a “network of networks”. A single network consists of two or more computers that are connected to share information. The internet connects thousands of these networks so all of the information can be exchanged worldwide. Connections are typically made through a modem, a device that allows computers to exchange and transmit information through telephone lines. A modem takes digital information and passes it through a series of
The internet is a global system of interconnected computer networks that use the internet protocol suite to link several billon devices worldwide (Wikipedia). The internet is sometimes simply referred to as the ‘Net’ or the “online world”, is now the most ubiquitous or universal conveyor of electronic information (Gourley). The term internet essentially refers to the broadcasting, transfer, and reconstruction of digitally-coded data between two or more machines equipped with computer chips. For the
impact on businesses nowadays, especially large scale organisations. Currently, Local Area Networks (LANs) are becoming more common in normal size businesses, and large-scale organisations tend to use Wide Area Networks (WANs), intranets and extranets. A LAN is a computer network that spans a relatively small area. Most LANs are confined to a single building or group of buildings. However, one LAN can be connected to other LANs over any distance via telephone lines and radio waves; this
MIS Midterm Exam Yihan Wang 1. Using Porter’s Five Forces Model as a base, discuss how the computer application ‘Amazon’ can be used to help insure business success and maintain a competitive advantages. Porter’s Five Forces analysis is a framework for industry analysis and business strategy development. The porter’s five forces contain established industry rivals, customers, suppliers, potential entrants, and substitute products. For Amazon, the rivalries of the Amazon are Barnes & Noble, E-bay
E- Business Nowadays, information system have been expanded of our daily business life use because in this age of information, definitely every activity in our daily life today requires people to get involved in the use of information systems. It’s very important to have basic understanding of information system and technology in business area, because information system has become corporation of our daily life business activity as marketing, operation management, finance, accounting and any other
an ISP is to provide a link to the worldw... ... middle of paper ... ...dors, partners, customers, or other businesses. An extranet can be viewed as part of company’s Intranet that is extended to users outside the company. This is almost the same as an intranet, when the intranet is protected with a password, and accessible from the outside, then it becomes an extranet. Wireless networks – While the term wireless network may technically be used to refer to any type of network that is wireless
Executive Summary “Your Choice Furniture” established in 1992 was a family business with long history, which has been handed down from generation to generation. As like most of the tradition businesses, the method of management for the shop was usually used manually. According to this situation, we found out the various essential elements of “Your Choice Furniture”. 1 The Brief main issues : 1.1 “The book-keeping, invoicing, stocktaking, payroll functions and customers’ details, weekly wage
communication skills successfully to personalized contacts, one-on-one meetings, phone calls, and emails are critical ways to communicate while conducting business. The final choice is extranet, which is also similar to the internet; however, it is “between venture and its stakeholder (O’brien & Marakas, 2009).” The extranet can be used to conduct data and professional development, this type of information or data is essential because it accesses the overall
Technology in the accounting field has come very far, from the abacus to modern day accounting software. E-Business, work being done through networks, is taking the accounting field to a more future computerized world, leaving the pen and paper behind. With all the new technologies, the profession of accounting is growing and expanding and proving that information and skills provided by accountants using modern technologies can spill over and help other parts of a business. Even with all the down
In these days of time, operating business firms through digital technology is essential to stay competitive in the business market. There are foundations when it comes to doing business within companies to survive. It is very important for companies to stay with their competitors or surpass them through information technology. There are strategic opportunities and advantages business organizations can strived for; if they implement the right steps within the organization. Just like anything in
Krispy Kreme Doughnuts Incorporates principal activity is to produce and market doughnuts and related items. The operations are carried out through three segments, company stores operations, franchise operations and Krispy Kreme Manufacturing and Distribution. The stores are both retail outlets and highly automated producers of over twenty varieties of doughnuts. The company is a branded specialty retailer, and produces more than three million doughnuts a day. In addition to its Krispy Kreme stores
Krispy Kreme Case Study To become a Krispy Kreme franchisee, an entrepreneur must have the dream of one day owning their own business, have a willingness to take risks, be able to recognize opportunities when they occur and be a naturally optimistic thinker who can use their time, capital, and talent to achieve success. To be considered for a Krispy Kreme franchise, entrepreneurs must have demonstrated a time standing history of success as a businessperson, to be willing to work as part of and
Consumer Business to Business Consumer to Consumer Consumer to Business 3. Define internet, intranet and extranet Internet: A vast public web of computer networks, which connect users off all types Around the world to each other and to an amazingly large information repository. Intranet: A network that connects people within a company to each other and to the Company network. Extranet: A network that connects a company with it’s suppliers and distributors. 4. Discuss the benefits of integrating
the only ones "surfing" around for info. Businesses also focus on other companies to sell their products. General Electric sold machine and appliance parts using a new business to business technology called "extranet". GE used its successful "extranet" to roll in 1996 online sales of one billion dollars. Another very successful type of business on the net is the coming of services backed by research, such as discount stock trading, including e.Schwab and a Web-only company
The case study analysis the evolution of Hong Kong based Li & Fung Limited from a traditional trading company into a global consumer goods export trading giant and a manager of customers supply chains. It discusses in detail the company’s efforts to constantly evolve its business model in response to the changes in the external environment and the customer needs and preferences. The case study examines Li & Fung’s major strategies viz. Positioning itself as supply chain manager, integration of operational
payable, Account Receivable and Logistic. Moreover, firm uses ERP-solutions for internal reasons, sharing data real-time by using ERP-solutions across different departments. The most common e-business technologies are XML, EDI, different kind of Extranets and Websites. E-business technologies makes it possible for a firm to share data external parts. Data such as inventory information, order status, warehouse
Ford Motor Company Supply Chain Strategy Background In 1913, Henry Ford revolutionized product manufacturing by introducing the first assembly line to the automotive industry. Ford’s hallmark of achievement proved to be a key competence for the motor company as the low cost of the Model T attracted a broader, new range of prospective car-owners. However, after many decades of success, customers have become harder to find. Due to relatively new threats to the industry, increasing numbers of