Chapter #3-Business process re-engineering

  Business process re-engineering is the process where analysis and redesign the workflow within between the enterprise.This workflow is most systematic ,disciplined improvement approach that critically examines, rethink ,redesign and implements the redesigned process of an organization . (BPR) goals is to achieve dramatic improvement in performance in areas important to customer and other stockholders .

Use of Business Process Re-engineering

#Can save a company which is running at a loss.
#By changging the presents proces through BPR a losing business can make profit.
#Can find new business dimension
#Improves quality in service delivery and customer satisfaction.
#Bpr will open new dimension into the existing business
#Overall change could enchance the performance of the business

(Q4)

Question 4: Describe the value chain of the business of using cell phones as a payment method.

Mobile payment is a part of the mobile transactions and is catching the imagination of a lot of people.In the last post,this is the consumer issues. Now I am going to talk about the emerging business models in the mobile payment space and the pros and cons of each of the model.

In any payment mechanism, the key entities of the value chain are 

   

1. Merchants – accept payments from the consumers by reading the card at the Point of Sale (PoS) machine
2. Acquirers – hold merchant accounts and manage merchant payments
3. Payment networks – Connect and switch transactions between merchants & issuing banks
4. Issuers – manage consumer accounts and also take the associated risk
5. M-Wallet/Stored Value Account  – Issue and provisioning of the mobile wallet (only if case mobile payments) 
   
   

Chapter #2 case: Say "charge it' with your Cell Phone (Q3)

 QUESTION 3 :

Which of Porter's 3 generic strategies is the new technology following?

Differentiation of Porter's 3 generic strategies is the new technology.This generics strategies can create competitive advantages by distinguish their product on one or more features important to their customers. This relate with the using of latest cell phone nowadays.This also have a unique features that benefit you  and may justify price difference or stimulate demand. For example: I-care from Proton.

This 2 years old kids with his gadget!

 7 months Adam !

 1 years and 5 month Adam !

Ndroid V Apple .. blackberry ????? hahaha

Dulu, Kini dan selamanya

Chapter #2 case:Say "charge it" with your Cell Phone (Q2)

QUESTION 2:

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

By using this Porter's five forces  it will describe you the barriers that may occur in this update of world technology. First is the treat of substitute products and services. For example,from the case where the company substitute the credit card into a cell phone , the barriers is it's may be not fulfill the customer satisfaction. As some customer more prefer the easy way to purchase something. Next is,buyer power. The power of buyer is quite complicated as it was depends to the buyer by making choices either they want to choose the traditional phone or the cell phone. This is due to the easy way on how to use the product this century. Lastly is treat of the new entrance. This may exist due to the new product that entrance our industry and compete with other product which is give good application to our benefits.For example Apple, HTC, Samsung and etc. this mobile company is produce different product with its own creativity and benefits.