Q

Draw a basic matrix (table) to demonstrate a SWOT analysis combined with Porters Competitive Force Model.

Home, - Draw a basic matrix

Question 1 - Discuss the issues surrounding the introduction and management of emerging technologies. Consider the following in formulating your answer: the characteristics of the technology; the adopters and the organisation, and the technology assessment process.

Answer - There are many issues related with the emergence of new technologies characteristics

1) New technologies can prove to be harmful for the human beings. Humans can become the slaves of the technology.

Adoption

2) The emerging technologies like artificial intelligence can possess intelligence like humans but if enough training data set is not fed to the models then, they can fail.

3) The emerging technologies can face the resistance of the humans while adoption because the new technologies require upgradation of the existing skills of the humans for their adoption.

Assessment

4) Emerging technologies are difficult to assess in terms of the real time world. For instance the block chain technology cannot be assessed in real time world.

Question 2 - Draw a basic matrix (table) to demonstrate a SWOT analysis combined with Porters Competitive Force Model and Ansoff's Analysis. Number each cell in your matrix and briefly indicate what each cell of the matrix would contain.

Answer -

SWOT analysis

Competitive force model

Ansoff analysis

Strengths


Penetration in market

Differentiation

Diversification of products

Market development

Development of product

Weaknesses

Threat of substitutes

Threat of bargaining power of suppliers

Threat of bargaining power of buyers

Threat of existing competitors

Threat of new entrants


Opportunities


Penetration in market

Differentiation

Diversification of products

Market development

Development of product

Threats




Threat of substitutes

Threat of bargaining power of suppliers

Threat of bargaining power of buyers

Threat of existing competitors

Threat of new entrants



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