Identity several basic competitive A company can survive and

Identity several basic competitive A company can survive and succeed in the long run only if it successfully develops strategies to confront five competitive forces. trategies andList the strategies in the business use of information technology and explain how they give an example of how information technology can be used to use information implement the five basic competitive strategies technologies to confront the competitive forces faced by a business.

Solution

1 .Surveys:

ex:Conducting Online Surveys

This will help to know the customer interest regarding the company products

2.Predicting the Future Demand

EX:Data Analysis

Based on the past data of the customer purschases we can predict the future demand for the product

3.Increasing the life of the product

ex:Using Customer feedback management System we receive the feedback from the custmers and use that information as base to produce good quality product

4.Low cost Leader Ship:

efficient inventory control and management systems will help to server the product efficiently

5.Decentralized Product Supply to minimize Cost:

connecting the Local supplier of our product and the customer directly will let you to deliver the good/product very fastly.This will directly help the company to reduce the cost for storing the finished good/product

Major Technologies and uses of computer peripherals:

Processors:

recent processors like i3,i5.etc will process more number of instructions compared older processor technologies like pentium .pentium2..etc

Physical Media:

Coaxial cables will transfer very less data per second.These cable are very low cost

Optical Fiber cables:will transfer huge amount of data per second.These cable are costly

Printers:

Laser Printers:

1.produce digital image by scanning a laser beam across photoceptors

2.Very fast and handle high volume print jobs

3.Costly

Ink Jet Printers:

1.creates a digital image by dropping spots of ink onto the paper.

2.ink jet ink is water based so the prints will be damaged or faded if water the fell on the prints

3.Cheap

Components and functions of computer system:

RAM: It stand for Random Access Memory.It will store the data/instructions that are need by the Processor.

The cost of RAM is very high.Cost of the RAM is directly proportional to its storage.

ALU:It stands for Arithmetic Logical Unit.It will process all the arithmetica and logical instructions.

INPUT DEVICE: These will help to provide input to the computer system

ex:Mouse,Keyboard,scanner

Output Device:To display the the results to the outside world.

ex:Monitor,printer

Control Unit:This will generate all the necessary control signals to perform the operation properly in the computer system