Explain How Intranets and Extranets Are Useful in Supporting Communication

question 14

Essay

Explain how intranets and extranets are useful in supporting communication in an organization?

---

Definitions:

Commoditization

The process by which products become indistinguishable from each other, leading to increased competition based on price.

Cost Leadership

A business strategy aimed at becoming the lowest cost producer in an industry, often resulting in competitive pricing.

Product Differentiation

The process of distinguishing a product or service from others in the market to make it more attractive to a particular target market.

Single Segments

Targeting a marketing strategy or campaign toward a specific, narrowly defined segment of the market, allowing for a more focused and personalized approach.