Question

There are so many companies out there that are giving away their products for free that...

There are so many companies out there that are giving away their products for free that you could run a business of shareware. You can make free phone calls. Get free Word Processing. Free operating systems etc. Basically, anything that you would need can be received free.

If you were a Internet business and wanted to reach users on the Internet, what would be the risk of giving away a product via the Internet?

CMGT/442 Information Systems Risk Management

Business   Operations-Management   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

There is a cost for acquiring customer, winning trust of customers and retain them for long period of time. When something new is found in internet lets say about spreadsheet, there are numbers of internet side which provide shareware of spreadsheet. To compete in this space the company has to establish itself in the market then only it will charge a small fees for using the service.Initially cash burnout will be much more with little or no revenue but when traffic in the website will increase it will attract revenue in the form of advertisement, sponsorship and visitors will also start paying fees.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
There are also companies out there who's job it is to find out an organization structure...
There are also companies out there who's job it is to find out an organization structure of a company in order to get information. These companies can use automation to bypass the instinct of a human and get information they wouldn't normally be able to gather. To the class, Do you think automation can be a negative? Why or why not? Does automation increase potential risk to the company? CMGT/442 Information Systems Risk Management
How would you respond to this post? To build quality into the products, it is important...
How would you respond to this post? To build quality into the products, it is important to know the customers and their desires. A company that is customer-focused and working with customers to improve a good or service will help provide a better-quality result. Ambruch (2013) states, “As consumer demand continues to evolve, manufacturers are being pressured to respond with increasing customer choice” (para. 9). Customers are looking for personalization to their products. Having customers provide feedback can help manufacturers...
Pandora is the Internet’s most successful subscription radio service. As of June 2013, it had over...
Pandora is the Internet’s most successful subscription radio service. As of June 2013, it had over 200 million registered users (140 million of which access the service via a mobile device) and over 70 million active listeners. Pandora now accounts for more than 70% of all Internet radio listening hours and a 7% share of total U.S. radio listening (both traditional and Internet). At Pandora, users select a genre of music based on a favorite musician, and a computer algorithm...
Case No 2 At times when “everybody’s doing ERP”, users say they can still gain a...
Case No 2 At times when “everybody’s doing ERP”, users say they can still gain a competitive advantage from implementing ERP systems. Users of ERP can have competitive advantage from the way they implement the systems and can best make use of resulting data. Also, users say the system can make them more nimble in the marketplace than companies with hard to change custom programs. ERP users can identify the biggest gain is that they force a company to institute...
Review the Robatelli's Pizzeria Case Study. Develop another internal controls system, but this time, in the...
Review the Robatelli's Pizzeria Case Study. Develop another internal controls system, but this time, in the purchases and fixed assets business areas. Prepare a 12- to 16-slide presentation describing the purchases and fixed assets business areas. Be sure to incorporate speaker notes as well as appropriate visuals, graphics, fonts, etc. Include any associated risk in these areas. Describe specific internal controls that include authorization of transactions, segregation of duties, adequate records and documentation, security of assets, and independent checks and...
Robatelli's Pizzeria Case StudyIntroduction On the morning of October 31st, Elaine Black, Chief Information Officer at...
Robatelli's Pizzeria Case StudyIntroduction On the morning of October 31st, Elaine Black, Chief Information Officer at Robatelli's Pizzeria, was waiting for both Jim Saxton, database administrator, and Peter Greyton, operations manager, to come to her office for a meeting. While waiting, Elaine was thinking about the surge of telephone and Internet orders expected to be received through the company's customer order center within the next 12 hours. Halloween had always been the most popular day of the year for people...
Funding an IS project through a Chargeback method involves: Pricing the IS service out for the...
Funding an IS project through a Chargeback method involves: Pricing the IS service out for the customer buying the end product Direct billing by the firm for IS resources or services to the department that uses them Direct billing by the manager of a function for IS resources or services to an employee that uses them An accounting process that reduces tax liability for capital investments All of the following are attributes of considering IS costs as Overhead except the...
Cohension Case- The Broadway Café. Network, Telecommunication & Wireless Computing: Telecommunication systems enable the transmission of...
Cohension Case- The Broadway Café. Network, Telecommunication & Wireless Computing: Telecommunication systems enable the transmission of data over public or private networks. A network is a communications, data exchange, and resource sharing system created by linking two or more computers and establishing standards, or protocols, so that they can work together. Telecommunication systems and networks are traditionally complicated and historically inefficient. However, businesses can benefit from today’s modern network infrastructures that provide reliable global reach to employees and customers. Businesses...
You have recently been hired by a new Japanese accounting firm, headquarter in Tokyo, as the...
You have recently been hired by a new Japanese accounting firm, headquarter in Tokyo, as the director of Information Systems and Telecommunications. Your assignment is to assist security posture of the firm and develop a security structure for this new company. Write your recommendations and reasons to the firm’s CEO. The firm has 600 employees in Tokyo, 50 in Houston, and is planning to open two branch offices in India and California. Ten accountants will be hired at each site....
What characteristics of the market of systems do you think created monopoly market that Microsoft’s operating system enjoyed?
Read the following case study carefully and answer the questions given at the END.Playing Monopoly: MicrosoftThe success of Bill Gates together with his company Microsoft and the most favors Windows computer operating systems that are still dominating the PC operating system market has always been an excellent example stimulating the youths in the It industry to follow. But the business success and seemingly amazing technology innovation should not be very strong reasons why the ethical issues related to Microsoft and...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT