Say "Charge It" with Your Cell Phone

Do you view this technology as a potential threat to traditional telephone companies? If so, what counter strategies could traditional telephone companies adopt to prepare for this technology?  

                                                         

• Yes this technology as a a potential threat to traditional telephone because to easy bring anywhere they go. The companies can make some money off it without putting them out of business. Then, make traditional telephone more appealing to people and possibly cheaper packages then what they already have. Besides cheap, relatively attractive design.

Using Porter's Five Forces describe the barriers to entry for this new technology.

• We can see by using Porter's Five Forces barriers to entry barriers in the product or service. features that customers have come to expect from organizations in a particular industry and must be offered by the organization to enter to compete and survive .Telephone company must offer a variety of new technology available to the customer so that the customer is not going to switch to another phone company product. In addition, telephone companies must monitor what customers buy. After visiting the site a lot of times they can customize what products customers love. If they shop, will not be conversion costs since the new shopping sites do not have the final profile customers make a purchase.

Which of Porter's three generic strategies is the new technology following?

• Porter's three generic strategies is a new technology that focuses on the strategy to target niche markets. It shows the user to target the growing market of mobile phone users and buy products and services from a cell phone.

Describe the value chain of the business of using cell phones as a payment method.

• Improve the infrastructure value chain of telephone companies and promote the development of technology is as sick methods of payment can receive information to the telephone company sends the consumer purchase. More people are involved in this type of payment method.

What types of regulatory issues might occur due to this type of technology?

• Types of regulatory issues may occur due to this type of technology people are skeptical of putting personal information. users out there do not know the type of security protection belonging to the company. In addition another type of regulatory issues is people will find a way to hack into the mobile phones.

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