INFORMATION SYSTEM

Information System

Information System

Question1-Five Forces Model

Rivalry among competitors

It refers to companies that compete directly in the same industry, offering the same product type. The competition for bill is intense as there are several store conducting their business in the same industry.

Threat of new entrants

It refers to the potential entry of firms that sell the same product type. Threat iof new entrant is moderate.

Threat of substitute

It refers to the potential entry of firms that sell substitute products or alternative to the industry. Therat of substitute product is moderate too.

Bargaining power of suppliers

It refers to the ability to negotiate with suppliers that have, for example, while there are fewer suppliers, the greater its bargaining power, as not having much input supply, they can easily increase their prices. Since he has one supplier, the bargaining power of supplier is high.

Bargaining power of consumers

It refers to the ability to negotiate with consumers who have or buyers, for example, while there are fewer buyers, the greater its bargaining power as not having so much demand for products, they can claim for lower prices. The bargaining power of customer is high for bill's shoe store since there are several competitors in themarket.

Question 2

Rivalry among competitor and bargaining power of consumer both can be addressed in a way that Unique Shoes can legitimately ask the question of the choice of an ERP business for trading. Moreover, Bill can come up with customized bags and accessories so that he can offer diversified products under one roof. This will not only improve his product line but it will also improve customer retention ratio.

Question 3

As a comprehensive management solution, what-is his contribution in terms of specific software packages?

The ERP software is a response to company management while providing a satisfactory management of its supply chian.

Not only will the automation ...