Business Driven Information Systems

1. Do you agree or disagree with Friedmans assessment that the initiation is mat? Be sure to apologise your answer. I dont fully agree with Friedmans vision of the flat World. Though I think we are more committed and informed than ever. According to me I touch Friedmans views and research is mostly concerning the developed countries focusing on business and targeting the cooperate world. Today technology, telecommunications has definitely helped wad around the world to be closer. But Friedmans does not mention the less fortunate countries where the globalization is still a far dream.I feel Friedmans analysis is a good fit for the rich and developed countries, where World has changed to a global village. 2. What are the potential impacts of a flat world for a student performing a stock search? Todays educated youth has all the potential and access to the world of technology at their fingertips. They give the gate easily change to the growing job demands and are ready for job ch anges as needed. They sure got to have good nurture as the competition is high in todays economy. I dont think its difficult to find a job it depends on how blunt you are to change in the new world of job opportunities and choose the best option. . What can students do to prepare themselves for competing in a flat world? Students can equip themselves for this competitive World by acquiring good education. Be updated in the field of your study and keep yourself open to news and updates. The coffee shop business is mainly framed in 2 mainstreams. First group is the major players like Starbucks, Seattles Best Coffee, Dietrich, Brewsters, New World, Gloria Gears, which can be denoted as Specialty Brands. Second group contains One-Store coffee shops like The Broadway Cafe.These are generally local, small businesses. The coffee shop industry possesses a rattling high intensified competition on all players both Specialty Brand and One-Store Coffee Shops. The main reasons that contribute to the high competition are The emergence of shops is huge (hoovers. com) Competitors are selling same or similar products, including specialty coffees as well as high quality foods. The fixed cost sight constitutes a high portion of the cost structure. Companies should sell more products to cover these costs, which increases competition.