A great strategy used by Blue Nile is the offering of a wide array of products; a great strategy to take advantage of the e- market. Nevertheless, many customers will buy online because the products are less pricy, and often times the collection of goods is larger, and products can be shipped directly to their households. What its more, less expensive items tend have lower shipping and handling, which it’s always a great incentive for any online shopper.
Conclusion
Technological changes and increasingly aggressive use of information systems by businesses have several consequences. Technology affects individuals, their jobs, educational systems, governments, and society as a whole. Although computers and MIS contribute a lot to business and e-commerce, managers need to understand how businesses, technology, and society interact. Dealing with changes in privacy and security threats are increasingly important to managing a company. Evaluating changes in society also gives a manager an advantage in the marketplace. As citizens, managers should be aware of the negative and positive effects of technology. In particular, changes in technology can often lead to changes in political power and control. As a manager and a citizen, you are obligated to make ethical decisions and to understand the consequences of your actions.
Increasing dependence on technology brings with it new threats to the security of the firm. Managers need to recognize and evaluate these threats and understand some of the techniques used to minimize them. The most common threats come from inside the company, in terms of workers, consultants, and business partnerships. These are difficult to control because firms have to trust these individuals to do their jobs. Training, oversight, audits, and separation of duties are common means to minimize threats. Depending on the communication systems used, there