Q1 Answer
I agree with the statement that the use of the internet may not make firms obsolete, but there is a need for the firms to adopt new changes in their business models to promote competitiveness. The development of the technology compels the organization to move with the same speed. Such a move impels the organizations to consider making changes where necessary to match with the changing preferences of their consumers. The consumers’ needs are changing with the rapid development of technology. Consequently, the organizations need to adopt those changes so as to move with the preferences of the consumers. This is the best way of promoting competitiveness in an organization (Atkinson, 1993).
Q2 Answer
The internet has changed the way organizations manage employees. The internet has compelled managers to take care of the employees. The internet provides employees with enough information regarding their rights in the workplace. It is a powerful tool of enlightening employees to ask for their rights. For instance, through the Internet, the employees have information on how the management needs to provide a conducive working environment by ensuring safety and provision of social amenities.
Q3 Answer
Social media has changed how companies interact with consumers and customers. The companies have moved towards the use of the social media to advertise and provide information about its products and services. The companies are finding a better place to display their products, services and provide information on the same through Medias like Facebook and Twitter pages. As a result, they can reach a large base of consumers.
Q 4Answer
Facebook is a viable business tool since the company can use it to market its products. Facebook presents companies with an opportunity to interact with various stakeholders such as consumers, suppliers and also financial institutions. Advancement of technology has encouraged many people to use Facebook for social purposes. As a result, a company can use its Facebook page to display and communicate the products and services it provides thus encouraging many consumers to consider the business. Besides, the company can also use Facebook to communicate information regarding the required supplies thus able to attract suppliers for its production. It is due to these reasons why Facebook is a viable business tool for an organization.
Q3 Answer
When using the Facebook site of the company to advertise, I would balance the need for increasing profitability with that of protecting users’ privacy by sensitizing the users on the purpose of ensuring security and privacy. I would develop various options that could assist the users to hide the information that seems to be confidential for the users and the company to restrict the other users from viewing the information. This can be possible by the use of strong security locks and passwords for the classified information.
References
Atkinson, J. (1993). Business and technology. Melbourne: Oxford University Press.
