Question 1:
Information is everywhere and Information is a strategic asset. Without information, an organization simply could not operate. Anyone involved in business must understand technology. Several companies in history have failed because of the inability to keep up with the ever-changing technology.
The U.S. Postal Service has faced multibillion-dollar losses every year for the past few years, making for one of the greatest challenges in its history. What is killing the post office? Evaluate the U.S. Postal Service using Porter’s Five Forces Model. How could the Postal Service create new products and services to help grow its business? What types of competitive advantages can you identify for the Postal Service?
Question 2:
Chapter two discusses how an organization can identify competitive advantages using tools such as Porter’s Five Forces, three generic strategies, and value chains.
Explain why competitive advantage is temporary. Describe the relationship between the use of information technologies and obtaining competitive advantage. Cite and reference sources.
According to chapter two case, “BusinessWeek interview with Michael Porter”, Porter thinks the U.S. is facing some very serious challenges. Do you agree or disagree? Explain