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MIS470 HW CH 3 - belief that the information revolution is...

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Dr.Mullen MIS 470 T 2-4:30pm Ch.3 Pg 131 1) The ‘Cheap Revolution’ according to Karlgaard is the trend of companies using generic equipment to save on cost of both the product and service contracts, by replacing them rather than paying to fix them. He also refers to the outsourcing of labor production to India and China, the use of camcorders for film production, free software and operating systems opposed to expensive licenses, and telecommunications vs. VoIP. 2) Brian Arthur compares the British railway and canal revolutions with today’s information revolution. He makes the comparison, following the tradition of history, to support his
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Unformatted text preview: belief that the information revolution is just beginning. The railway began with frenzy, than crashed, and finally with hard work, began to even out and real profits emerged. This is his analogy of Internet, and information technology. 3) According to Michael Porter the only way to sustain advantage through the Internet is to create a distinct value chain that offers unique value. The chain must be highly integrated, and the Internet use a compliment to the business strategy not a replacement for customer service. 1 2...
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