Assignment:
Please and Answer the three question
The ideas in the discussion on competitive pressure are very real for the average organization. Each company must look at competitive pressures and how it is going to impact them in the marketplace now and in the future. Today with the online environment, the average brick and mortar company has a pressure that is far different than it was 10 years ago. Each brick and mortar company is feeling the pressure that is different from competing against other brick and mortar stores within the community they are now competing against organizations across the world that can sell products and services online and compete against them from anywhere.
This has caused many of these organizations to go out of business because they cannot compete against un-named entities who can provide products and services cheaper and with less overhead through a web site the call, as they do not have the expense of building or of property. This type of competition has changed the playing field in business. This has helped lessen the price but not necessarily the quality in the delivery of services and products over time. Many organizations have to wait to view an actual product or service to purchase rather than being able to view it instantly in a brick and mortar store. The futures tell whether this is a trend or whether in not this is the new paradigm of purchasing.
If this is the new paradigm, this is a threat from new competition that organizations will find difficult to compete. The big challenge is how to compete against someone you do not even know is competing against you from around the world. These individuals can compete against a product and sell the product or make the products cheaper and it is difficult to research the organization or the quality that product from around the world.
Q1. Is this a paradigm shift or a fad?
Q2. Will people change in the next 10 years and move back to brick and mortar stores where they can see and touch products rather then order and return them?
Q3. How long will Amazon, UPS, and Mail continue to replace the packages with such a large percentage stolen on a weekly basis?