ADM 2372 Chapter Notes - Chapter 5: Internet Engineering Task Force, Internet Engineering Steering Group, Tim Berners-Lee
24 Jul 2017
School
Department
Course
Professor
Document Summary
Internet changes the works of many industries (entertainment) Many organizations face the same dilemma: the criteria an organization uses to make business decisions for its present business could possibly create issues for its future business. Basically what is good for present business could possibly create issues for its future business. Digital darwinism: implies that organizations that cannot adapt to the new demands put on them for surviving in the information age are doomed to extinction. Disruptive technology: is a new way of doing things that initially does not meet the needs of existing customers. They tend to open new markets and destroy the old ones. Sustaining technology: produces an improved product that customers are eager to buy, Incumbent companies most often lead sustaining technology to market, but virtually never lead in markets opened by disruptive markets. Disruptive technologies typically cut into the low end of the marketplace and eventually evolve to displace high-end competitors.
