Why is segregation of duties in IT important? What are some of the risks to AIS’ and financial reporting you could foresee if there were not proper segregation of duties in the IT function of a company? Did anything in the article jump out at you that is something you know or company (or a company you know of) is not doing? With a small company, how can segregation of duties be applied when there are limited resources?
Does it pay to be the main mover in online business? The instance of Amazon.com This contextual investigation plots the points of interest and hindrances of the early selection of web based business utilizing Amazon.com for instance. As indicated by an examination, being first in the market does not ensure huge piece of the pie. As indicated by Shankar et al pioneers in the market for PCs, computer games were secured by late contestants. Thus, request of passage does not really ensure an authority in the market or proceeding with remunerations. As indicated by the creator, impersonation abrogates advancement in the internet business bazaar because of snappy mechanical development, quick development of data and frail protecting laws. Advancement is a few times seen as a hazard because of the surprising expense, less odds of survival and impersonation. First movers might have the capacity to switch costs as venture towards picking up an edge in the online business advertise. In any case, that isn't long haul. It is most beneficial for organizations to forestall exchange of information increased through understanding since this will make deterrent to new contestants and there will be couple of contenders. Be that as it may, this isn't handy. Then again this may make boundary to organization as it might keep on putting resources into out of date innovation. There might be points of interest of not being first mover in the internet business advertise. It is extremely unsafe for a firm to enter the market when there is vulnerability. Devotees gain from errors that first movers make and draw in clients to towards their item by anticipating occupant's item as second rate. First movers may have disappointments due to indistinguishable schedules or examples of directing business from was before moving to web based business. Organizations may need to change contingent upon the kind of business, topographical zone and cost. Amazon was one of the primary organizations to have an online book shop and is extremely prominent in the US. They don't have a physical store (Just a site), which would take arrange from clients. Amazon was the main online store that gave after deals administration to clients when it enabled clients to look for books that were elusive. It additionally offered near shopping where the site would give recommendations what other place the book could be found. They likewise presented part programs where a client could gain commission by acquainting clients with them after each buy they make. Amazon trusts that clients online search for brand names. They additionally kept up records of clients purchasing propensities and buy history. They have put 40% of the income in brand building and client unwaveringness. Since Amazon is first mover in the market it has set principles so other can pursue a similar example. The procedures utilized by Amazon are to such an extent that they have a ton of rehash clients and the customers end up used to purchasing from them. Improving and licensing are critical to organizations advancement. Numerous clients will in general purchase from sites that are attempted and tried as opposed to new sites. Subsequently, it is critical for new organizations to pursue strict tenets and rules with the end goal to demonstrate that they offer something exceptional and not quite the same as what others do. Reference: Kamel Mellahi, Michael Johnson Does it pay to be a first mover in eCommerce? The instance of Amazon.com Coventry Business School, Coventry University, Coventry UK The executives Decision 38/7 (2000) 445-452 MCB University Press>GET ANSWER