Answer the following Question :

Q1: How can Internet technologies help a business form strategic alliances with its customers, suppliers, and others?

Q2: Explain how information technology can be used to implement the five basic competitive strategies. Support your answer with examples covering each strategy

Q3: Using your own words, Explain how could companies apply "Raise Barriers to Entry" concept to discourage or delay other companies from entering the market.

Q4: What is the basic difference between direct and sequential memory access? Elaborate two basic points for each type of memory access. Give one example for each type as well.