Strategic Drivers of the Internet Economy
1- Info gives greatest value added
2-Distance no longer matters
3-Speed of the Essense
4-People are the key assets
5-Growth is accelerated by the network
6-Marketers can deal w/ customers 1 on 1
7-Demand can be predicted more accurately
8-Transaction and Cordination costs decrease
9- Customers have power
10-Economy characterized by choice, abundance.
Value Chain-Porter-adds economical value through every step of the way. Supply chain. Product Development. CRM. Forecast business build the product and give to sales people to sell.
Dell- build when ordered. build to demand. Make sure the customer is happy.