How can Internet technologies help a business form strategic alliances with its customers, suppliers, and others?

Q1: How can Internet technologies help a business form strategic alliances with its customers, suppliers, and others?

Answer in 5 Line.

Q2:

Explain how information technology can be used to implement the five basic competitive strategies. Support your answer with examples covering each strategy

Answer in 8 Line.

Q3:

Using your own words, Explain how could companies apply “Raise Barriers to Entry” concept to discourage or delay other companies from entering the market.

Answer in 5 Line.

Q4: What is the basic difference between direct and sequential memory access? Elaborate two basic points for each type of memory access. Give one example for each type as well

Answer in 8 Line.