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Unformatted text preview: A company also has to put great emphasis on their relationship with suppliers and customers because this is what their business revolves around. A firm makes sure that they have different choices of suppliers so as to regulate and receive raw materials on time in order to meet customers needs. This is also a strategy which is used to attract and keep customers. Businesses attains it's competitive advantage with the great help of informations systems. The competitive forces, which assist in competitive advantage, include traditional competitors, new market entrant, subsitute products, customers, and suppliers. Also, the methods that businesses utilize in order to fight against these competitive forces are vital and important. The internet also influences competitive advantage greatly. With this help and the help of informations systems, businesses compete on a global scale, with different business models. Furthermore, a business can compete on quality, design and business process....
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This note was uploaded on 03/02/2012 for the course IS 3003 taught by Professor Rao during the Spring '08 term at The University of Texas at San Antonio- San Antonio.
- Spring '08