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How Can E-Commerce Technologies Be Used To Improve A Firm's Value Web?

The document summarizes key concepts from chapters 5 and 6 of an unknown text. It discusses how e-commerce business plans differ from traditional plans by specifying how online technologies will be used. It defines disruptive technologies as enabling new business models, while sustaining technologies incrementally improve existing products. Firms engage in cost competition when they have unique processes or resources others cannot obtain. Incubators provide startups services without taking ownership stakes. Content providers typically generate revenue from subscriptions or advertising, with ownership of content being key to success. The document does not provide summaries for questions 18 or 20.

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Dương Phong Nguyên
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413 views

How Can E-Commerce Technologies Be Used To Improve A Firm's Value Web?

The document summarizes key concepts from chapters 5 and 6 of an unknown text. It discusses how e-commerce business plans differ from traditional plans by specifying how online technologies will be used. It defines disruptive technologies as enabling new business models, while sustaining technologies incrementally improve existing products. Firms engage in cost competition when they have unique processes or resources others cannot obtain. Incubators provide startups services without taking ownership stakes. Content providers typically generate revenue from subscriptions or advertising, with ownership of content being key to success. The document does not provide summaries for questions 18 or 20.

Uploaded by

Dương Phong Nguyên
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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CHAP5:

1. What distinguishes an e-commerce business plan from a traditional business plan?

An ecommerce business plan specifies how the business model will use the unique qualities
of the Internet, the Web, and the mobile platform.
3. How can e-commerce technologies be used to improve a firm’s value web?

Firms can use Internet technologies to improve communication and coordination with
suppliers and logistics partners, with customers and partners. Collaboration technologies can
be used with partners and suppliers to create new products.

5. What is a disruptive technology, and how does it differ from a sustaining technology?

A disruptive technology is one that is at the core of a change in the way business is done. In contrast,
a sustaining technology is a technology that enables the incremental improvement of products and
services, helping a company cope with competitive pressures and serve its customers with less
expensive, more powerful, or unique products.

8. Why would a firm decide to engage in a strategy of cost competition?

Firms decide to engage in cost competition when they have a unique set of business processes or
resources that competitors can’t obtain. Because they are able to lower the cost of producing their
product, they are able to lower the price of the product..

9. What are the benefits offered by incubator investor firms over other traditional sources of capital?

Incubators provide a variety of services to participating startups, such as business, technical, and
marketing assistance, and introductions to sources of financing. In addition, unlike venture capital
and angel investors, they do not become owners or partial owners of the company.

13. What revenue models do content providers use, and what is the key to becoming a successful
content provider?

Content providers typically make money by charging subscription fees, while some may use
freemium model and support revenues through advertising fee. The key to becoming a successful
content provider is in owning the content you are providing.
18. What are the five generic business strategies for achieving a profitable business?

20. What are the main elements of an elevator pitch?

CHAP6:

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