The Importance of Technological Features in Business Report (Assessment)

Exclusively available on Available only on IvyPanda® Made by Human No AI

Problem Statement

Nowadays, for business firms it is quite impossible to be successful in a global market without the use of advanced technological features. Nevertheless, the implementation of these new technologies, especially online platforms, has resulted to be a real challenge for many companies. These difficulties encountered are not only from a technical point of view but also from a managerial and human resources point of view.

Data Reliability

Summary of key findings for Live!, a subsidiary of Microsoft inc. (unsuccessful)

Live! was the replacement that Microsoft launched for MSN. This subsidiary company was meant to offer the latest in software application technology. It was meant to further develop the existing offers from MSN and even implement new solutions to the problems encountered with existing versions. The latest developments were an improved version of the existing MSN Messenger including some newly unique features. Nevertheless, the application was full of bugs and users found it difficult to transmit and receive data.

Alternative solution for Live!

RPB can weigh the cost-benefits related to data reliability and the benefits the company receives from implementing a new software development.

Project risk and impact of that risk

Summary of key findings for Yahoo! Inc. (successful)

Even Yahoo! has been one of the key market players when it comes to IT technology implementation. It was one of the first companies to offer electronic mail services on a large scale at the end of the last century. Today, Yahoo! Mail is one of the most used email services worldwide. The latest versions of it make personal accounts, My Yahoo!, more interactive in combining several features other than mail, including news, video and shopping features. The idea was to offer to the market an all-inclusive, easy to use interface.

Alternative solutions for Yahoo! Inc.

RPB can weigh the cost-benefits related to user access and the benefits the company receives from implementing a new software development.

Alternate approaches to ‘resourcing’ a project

Summary of key findings for Apple Inc. (unsuccessful)

The latest invention of the staff at Apple Inc. is ready to launch its latest product, the iPad. The idea behind this project was to deliver a product which will embody all of the successes of the previous iPod, iMac and iPhone. Nevertheless, this project turned out to be more complicated than thought before. Apple Inc. postponed its market release due to unfavorable technical reviews of bugs and crashes.

Alternative solution for Apple Inc.

RPB can weigh the cost-benefits related to product performance for the iPad and the benefits the company receives from launching this new piece of technology in the market. Companies tend to be careful when releasing this type of technological products due to the unpredicted problems associated with them (Luftman, 2004).

Methods of tracking and status reporting

Summary of findings for Microsoft Inc. (successful)

Microsoft is the worldwide leader in the OS industry. Its Windows OS is the most used from PC users globally. The latest release version of the OS, the Windows 7, is showing to be a success. This success is due to the many improvements made from the previous version, Vista. The biggest problem for Microsoft’s OS products is hacking. The unlicensed cracking of the software has become widespread.

Alternative solutions

That is why in the latest OS version Microsoft has embodied some unique validity tracking and status reporting, in order to ensure that each user has rightfully purchased this product.

Methods to reduce conflict within a project team

Summary of findings for Remington Peckinpaw Davis (unsuccessful)

In the case of the company discussed, the launching of the new online trading platform has come to be a more complicated issue than thought before. The errors and bugs reported, along with the Tuesday crash, sparked conflict within the staff. Each part was trying to justify its work and pass the fault to the other. That is not the correct attitude team players should have (Mullins & Walker, 2008).

Alternative solutions

The implementation of eRPD needs that the head management enforces a different company culture, which is the key to success (DeCenzo & Robbins, 2010).

References

DeCenzo, D.A. & Robbins, S.P. (2010). Fundamentals of Human Resource Management, 10th edition. Hoboken, NJ: John Wiley and Sons.

Luftman J (2004) Managing the Information Technology Resource, N. Y.: Pearson.

Mullins, J. W., Walker, Jr., O. C., & Boyd, H. W. (2008). Marketing management: A strategic decision making approach (6h ed.). Boston: McGraw-Hill Irwin.

More related papers Related Essay Examples
Cite This paper
You're welcome to use this sample in your assignment. Be sure to cite it correctly

Reference

IvyPanda. (2021, December 18). The Importance of Technological Features in Business. https://ivypanda.com/essays/the-importance-of-technological-features-in-business/

Work Cited

"The Importance of Technological Features in Business." IvyPanda, 18 Dec. 2021, ivypanda.com/essays/the-importance-of-technological-features-in-business/.

References

IvyPanda. (2021) 'The Importance of Technological Features in Business'. 18 December.

References

IvyPanda. 2021. "The Importance of Technological Features in Business." December 18, 2021. https://ivypanda.com/essays/the-importance-of-technological-features-in-business/.

1. IvyPanda. "The Importance of Technological Features in Business." December 18, 2021. https://ivypanda.com/essays/the-importance-of-technological-features-in-business/.


Bibliography


IvyPanda. "The Importance of Technological Features in Business." December 18, 2021. https://ivypanda.com/essays/the-importance-of-technological-features-in-business/.

If, for any reason, you believe that this content should not be published on our website, please request its removal.
Updated:
This academic paper example has been carefully picked, checked and refined by our editorial team.
No AI was involved: only quilified experts contributed.
You are free to use it for the following purposes:
  • To find inspiration for your paper and overcome writer’s block
  • As a source of information (ensure proper referencing)
  • As a template for you assignment
Privacy Settings

IvyPanda uses cookies and similar technologies to enhance your experience, enabling functionalities such as:

  • Basic site functions
  • Ensuring secure, safe transactions
  • Secure account login
  • Remembering account, browser, and regional preferences
  • Remembering privacy and security settings
  • Analyzing site traffic and usage
  • Personalized search, content, and recommendations
  • Displaying relevant, targeted ads on and off IvyPanda

Please refer to IvyPanda's Cookies Policy and Privacy Policy for detailed information.

Required Cookies & Technologies
Always active

Certain technologies we use are essential for critical functions such as security and site integrity, account authentication, security and privacy preferences, internal site usage and maintenance data, and ensuring the site operates correctly for browsing and transactions.

Site Customization

Cookies and similar technologies are used to enhance your experience by:

  • Remembering general and regional preferences
  • Personalizing content, search, recommendations, and offers

Some functions, such as personalized recommendations, account preferences, or localization, may not work correctly without these technologies. For more details, please refer to IvyPanda's Cookies Policy.

Personalized Advertising

To enable personalized advertising (such as interest-based ads), we may share your data with our marketing and advertising partners using cookies and other technologies. These partners may have their own information collected about you. Turning off the personalized advertising setting won't stop you from seeing IvyPanda ads, but it may make the ads you see less relevant or more repetitive.

Personalized advertising may be considered a "sale" or "sharing" of the information under California and other state privacy laws, and you may have the right to opt out. Turning off personalized advertising allows you to exercise your right to opt out. Learn more in IvyPanda's Cookies Policy and Privacy Policy.

1 / 1