Q Draw a basic matrix (table) to demonstrate a SWOT analysis combined with Porters Competitive Force Model. Home, - Draw a basic matrix Question 1 - Discuss the issues surrounding the introduction and management of emerging technologies. Consider the following in formulating your answer: the characteristics of the technology; the adopters and the organisation, and the technology assessment process. Answer - There are many issues related with the emergence of new technologies characteristics 1) New technologies can prove to be harmful for the human beings. Humans can become the slaves of the technology. Adoption 2) The emerging technologies like artificial intelligence can possess intelligence like humans but if enough training data set is not fed to the models then, they can fail. 3) The emerging technologies can face the resistance of the humans while adoption because the new technologies require upgradation of the existing skills of the humans for their adoption. Assessment 4) Emerging technologies are difficult to assess in terms of the real time world. For instance the block chain technology cannot be assessed in real time world. Question 2 - Draw a basic matrix (table) to demonstrate a SWOT analysis combined with Porters Competitive Force Model and Ansoff's Analysis. Number each cell in your matrix and briefly indicate what each cell of the matrix would contain. Answer - SWOT analysis Competitive force model Ansoff analysis Strengths Penetration in market Differentiation Diversification of products Market development Development of product Weaknesses Threat of substitutes Threat of bargaining power of suppliers Threat of bargaining power of buyers Threat of existing competitors Threat of new entrants Opportunities Penetration in market Differentiation Diversification of products Market development Development of product Threats Threat of substitutes Threat of bargaining power of suppliers Threat of bargaining power of buyers Threat of existing competitors Threat of new entrants Related: Discuss the Blue Ocean vs the Red Ocean Strategy Draw a basic matrix Advise the CEO on how you see ITS in the new structure
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