IT2 Assignment Example | Topics and Well Written Essays - 500 words

IT2 - Assignment Example IT therefore ensures that the best available resources are brought to the disposal of business managers, with clear and simple directions to deal with any challenge facing business operations. With continued interaction on online platforms, business process outsourcing further facilitates access to information and resources at near-infinite advantage. Internet facilitation for business operations is best encompassed perhaps when dealing with setting up virtual management of tasks, for instance in coordinating teamwork remote. Alternatively, online business process outsourcing enables employers to reach an astronomical level of possibilities by accessing a huge pool of contractors from every corner of the world. Coordination of such business tasks using Internet makes Internet such a necessity in the emerging business based on unlimited virtual resources. In launching competitive advantage in the market, Internet provides options that eliminate challenges in management, marketing, outsourcing, research and development as well as innovation. Flexibility in use of information available online to turn unique opportunities into possible exploitable ventures makes Internet a rare business asset on which growth and sustainability can be realized. Innovation-hungry consumers following business developments use Internet to drive markets i nto customized entities where wastage and unnecessary costs can be eliminated significantly. The use if lock-in strategy could not be better realized under information technology, where companies rely on higher-end technologies to produce. In the realization of the benefits of locking-in suppliers and customers, continued research and development outcomes giving unique products can now be carried out. From such technology intensive operations, emphasis on technology licensing that makes it difficult for would-be competitors to apply similar technology provides an important beginning point for lock-in strategy (Kemerer, 1998, p179). In