MANAGING INFORMATION AND TECHNOLOGY Essay Example | Topics and Well Written Essays - 3000 words

MANAGING INFORMATION AND TECHNOLOGY - Essay Example In-fact, the operational efficiency of the company largely owes due to the application of advanced technologies in its various operational sections. Hence, owing to this aspect, the statement or the assumption of Carr can be contradicted up to a larger extent. Table of Contents Abstract 2 Introduction 4 Company’s Profile in the Industry 5 Competitive Environment of the Global Retail Industry (Porter Five Forces Analysis) 6 Bargaining Power of the Buyers 7 Bargaining Power of the Suppliers 7 Threat of New Entrants 7 Thereat of Substitutes 8 Intensity of Rivalry 8 Role of Information System in Tesco PLC 9 Analysis and Conclusion 11 Analysis 11 Conclusion 13 References 15 Introduction In today’s business scenario, the success and failure of any sort of business depends mainly upon various deciding factors that impose considerable influence on the operations. These factors may be related to customers’ perceptions and their level of satisfaction among others. These ar e often regarded as major determinants of the overall organisational success. In this regard, the role of information technology (IT) has become quite crucial, acting as a major element in enhancing the operational efficiency of the business. ... It is one of those elements, which is extensively available and any company can adopt the same. Hence, it cannot be regard as a tool to gain competitive advantage. To analyse this statement of Carr in an in-depth manner, this paper will evaluate the role of IT in organisations with the help of taking an organisation named Tesco as an example. Accordingly, the statement of Carr can be contradicted or supported on the basis of the analysis made over the organisation. Company’s Profile in the Industry As per the discussion of Nicholas Carr, the presence of information technology (IT) in business does not make any difference in the overall performance of the business. According to Carr, this is owing to the fact that IT is easily accessible for each and every company in their operation and hence it cannot be implemented as a tool for gaining competitive advantage. In order to get a comprehensive understanding in this regard and analysing the statement of Carr, considering the exam ple of Tesco will be quite vital. Tesco is regarded as one of the leading grocery and merchandise retailers throughout the world, which has its operational headquarter in the United Kingdom. In terms of profit earning, the company is regarded as the second largest operator of the world next to Wal-Mart. It has widespread operations throughout the world and it performs various operational functions in a large scale. In the present day context, the company possess greater percentage of market share in the global retail industry. The large scale operations of the company can be apparently depicted from the fact that it currently employs more than 530,000 people all over the world. Observably, one of the major reasons for the