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

helping from google

The value chain of business  it is where the process from the raw materials transforms into services or product.

• By using a cell phones as a method of payment, I would explain how the raw materials transform into services or product.
• For instance is a customer want to order a pizza from his house. He wills making a phone call and order the pizza. Thus, pizza restaurant would take his order using the facilities provided as a support process.
• Then, after the pizza already prepared, the delivery were making by using pizza restaurant delivery services.
• And the payment for pizza and delivery services are already charge by using the telephone bills.
• lastly it is become a product to customer after applying core process and support process.
• the pizza is value chain of business and using the value added from MIS finding a solution for need and want of consumers.    

Question 5
-What types of regulatory issues might occur due to this type of technology?

-The regulatory issues might occur due to this type of technology are fraud and maybe the system might break down while you are using it. Meanwhile, fraud can be happen either to the customer side,supplier side such as delivery method (the items not the same), delivery time (late), and so much more. On behalf of customer,it can be cheat by using other person credit card to make the payment. For example, children can use their parents credit card. On behalf of supplier side, they will make double charges without customer knowledge.

Question 3

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

• Porter's three generic strategies is which strategies the company decided to choose(example slide of porter's three generic strategies)..

The new technologies following is broad market using differentiation, because a lots of competitors in telephone companies. Thus creating difference among the product making the consumer attracted to their product. For example:  Samsung aggressively produce variety of choices in touch screen phones. Every each product have their own specialty such as galaxy note,Galaxy S and galaxy tab the all the  items even come up from one company but it is have differences between them.