Ryan
Williams
Outsourcing
is taking one specific thing a company does and moving that one process to
somewhere else where it can be done cheaper and have that product sent back to
the company. Off shoring is similar to outsourcing. Instead of taking one process
and sending it to another country to be done, off shoring moves the whole
factory from the same country that the company is to a different country where
the factory can operate with lower costs and higher quality products.
Supply
chain is controlling the production of a product from the raw materials
required to make the product to the actual finished product in order to reduce
the total cost of making a product. Walmart has the biggest and best supply
chain in the world. Since they are the biggest supply chain in the world, if a
product were to be reduced in price, Walmart would be able to reduce the
product without much effect since they probably sell the most of that product
anyway. Another way they can use their supply chain to an advantage is if a
product were to go out of style in say New York but not in Arizona, Walmart can
reroute all the out-of-style products that were going to go to New York and
send them to Arizona instead. This will help save Walmart some money because if
the products were to get to New York before the message was received, they
would then have to ship the products all the way from New York to Arizona.
Google
has affected businesses in a variety of different ways. One way is research.
One no longer is required to go to some out-of-the-way place to get some
information, now you can just Google it. Say you had been stuck on a problem
for a while and still couldn’t find the solution, just Google it. If companies
want to find out about the products of other companies, like reviews or product
specifications, they can just search Google for it and find an answer almost
immediately. Before, companies would have had to buy a product and examine it
themselves and have their own people review it, they can still do it today but
it has become easier to just find it using Google.
This
reading has really been an eye opener, especially when it comes to Google.
Google is a great company, but it also has its downsides. The more you use
Google, the less private information becomes. In the book, it talked about
privacy. Anything that you post online will eventually be searchable, whether
it be something small, like your favorite color, to something more private,
like where you live or how old you are. Where you live might not seem like a
big idea, mostly because many people around you know where you live. The reason
it can be personal is because anyone could know where you live, would you
really like anyone in the world knowing where you live anytime?
Great job summarizing. Your point about privacy was well made as well. Although, even before the internet anyone could still find out where anyone else lives. It was just harder back then because they had to go to town hall to get the information. What's really scary is how anyone can know anyone's interests and private information. Even criminal records can be found online now.
ReplyDeleteI too find it a little disturbing that most things can be found on the internet regarding your personal life, but not only Google but with all the social networks too. It seems now days a person has to work even harder at keeping things private and out of the public eye. Should we have a right what is public information? I definitely think we should.
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