While technology continues to advance at a rapid pace, it is often said that technology can help a business create a competitive advantage
1. While technology continues to advance at a rapid pace, it is often said that technology can help a business create a competitive advantage. However, if everyone is implementing the same technologies (i.e., cloud services like servers, file storage, virtualization, data management, etc.), does technology really provide a competitive advantage? Review the following brief article and share your thoughts on this question: Technology is the enabler, not the driver for business.
What part does ethics play in today’s technology landscape?
https://www.bizjournals.com/dallas/news/2021/01/05/technology-is-the-enabler-not-the-driver-for-business-transformation.html
2. Amazon seems to have pioneered the use of social feedback to drive product sales. When you
personally look for a product to purchase on Amazon, do you look at the user ratings? Have you
ever gone further and read specific positive and negative reviews to determine if it is the product
you want to purchase?
One of the key principles behind the concept of social computing is the collection of data about
customers. These data include many different types of information, such as which products the
individual viewed, how many times, what else they viewed in relation to the first product, and so
on.
Following this concept, consider a recent purchase you have made online (if you have never
made a purchase online, then you are definitely unique!). Which data do you think was collected
about you and your purchase? How do you think the business can use that information? Do you
think that customer data like this is a commodity that can be sold? What concerns does this
raise?
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