ch 3 - 1 Revelutionary technological changes and...

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1 Revelutionary technological changes and discoveries are having a dramatic impact on organizations. The internet haschanged the varynature of oppertunities and threats by altering the life cycle of product, incrasing the speeed of distribution, creating new products and services, earsing limitation of traditional georgraphic markets, and changing the historitrade-off between production standadization and flexibility. The internet is altering economiies of scale, changin entry barriers, and redefining the relationship between industries and various suppliers, creditors, customers, and competitors. ### Technological forces(trend) represent major opportunities and threas that must be considered in formulating straegies. Technological advancments can dramatically affected organizations' products, services, markets, suppliers, distributors, competitors, customers, manufactoring processes, marketing, suppliers, marketing practices, competitive position. Technological advansments
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