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Strategic Management - Strategic Audit Format - Essay Example

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Crisis in the sector: The computer industry was affected by the sub-prime crisis that took place in the United States and Europe. The financial sector is one of the main sources of investment for the computer industry. However, there was a sharp decline in investment of…
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Strategic Management - Strategic Audit Format
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In other words, the computing sector is infinitely dependent on industrial growth. However, a contradiction arises as resources are not infinite in nature. There are also several sustainability issues which have always been a challenge for this industry. 3. Scarcity of fossil fuel: The computer industry relies on low-priced energy. Cheap energy sources generally come from fossil fuel. The scarcity of fossil fuel has always been a concern for the industry as availability of energy sources to power devices at reasonable price is vital. 4. Environmental Issues: The computer industry is one of the main reasons for the growing pollution in the developing nations.

A huge amount of waste is generated and there have been challenges associated with the recycling and reduction of waste. Manufacturing of computers also involve the use of hazardous chemicals like lead and mercury which pollutes the environment. 1. Maintenance of confidentiality – Protection of privacy of the users has to be ensured by the computer industry. This is a major challenge for this industry as, with the increased linkages between network connections, it is important that computers are supported with tools that help to maintain privacy of the users.

There are threats that arise from virus and malevolent software. Increased use of the internet has aggravated such threats. The industry needs to give protection against malwares which pose a threat during the use of confidential information over the net. 2. Technically support the customers – The computer industry not only needs to concentrate on manufacturing of computer hardware but also needs to ensure that all further technical difficulties faced by the customers are looked into and proper solutions are provided.

There has to be a continuous link with the customers so that support and assistance can be provided at odd hours. This is a major challenge for the computer industry. 3.

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