Priceline.com’s current market share of an organization

Introduce the organization. Identify the domain/industry to which Priceline.com belongs. What is Priceline.com’s current market share in that industry? Which of Priceline.com’s departmental (business/IT) units is responsible for information security? What is the organization structure for that departmental unit? What is that departmental unit’s budget? What is Priceline.com’s information security policy as it pertains to how the organization plans to protect the confidentiality, integrity, and availability of information resources? What is Priceline.com’s incident response policy? What plans do they have for business continuity and disaster recovery?

Sample Solution

The Priceline Group is an internet travel company with a market capitalization of $61 billion that is listed on the Nasdaq. The organization is well-known for assisting people in obtaining discounts on travel-related products all over the world. Booking.com, which provides worldwide hotel reservation services, Agoda.com, which provides hotel reservation services in Asia, and rentalcars.com, which provides international automobile rental services, are all owned by the firm. The Priceline Group works in the travel services business, which generates over $1 trillion in annual transaction volume. The market is divided into two segments: the internet market, which accounts for 40% of transaction volume, and the offline sector, which accounts for the remaining 60%.

of the association to have strategies set up to furnish pioneers with some positional power, typically by laying out a reasonable hierarchal construction. By laying out a progressive system, the pioneer is seen by the gathering to have the option to set expectations and expect consistence from them giving the pioneer authentic power (French and Raven, 1959). Also, by furnishing the pioneer with the capacity to remunerate consistence and rebuff rebelliousness from the gathering, the pioneer has reward and coercive power (French and Raven, 1959). To get total control over the gathering the pioneer should acquire the trust and conviction of the gathering that they are fit for progress, by guaranteeing the gathering are both fulfilled and meeting execution objectives. The significance of laying out an order became obvious during the arranging phase of the open air administration course for the red group, the organizers inside the group expected positions of authority yet couldn’t acquire positional power because of the group being a companion bunch (Pettinger, 2007). The pioneers chose had little power and impact over the gathering as everybody was seen to have similar position, status and occupation, subsequently the pioneers had none of French and Ravens five bases of force (Pettinger, 2007). The outcome was pioneers with no positional control over the gathering, so couldn’t immediate the gathering with the technique for initiative expected for the circumstance. The assignment had critical requirements, especially a brief period of time and a huge gathering size, for the present circumstance Chelladurai suggests a despotic administration style would be generally positive (Chelladurai and Madella, 2006). The pioneers endeavored a totalitarian administration style, setting individual errands for the gathering, but because of the unfortunate chief part relations and absence of positional power the initiative construction immediately turned into a majority rules system. The item was an incredibly inefficient labor force at first due to the time spent examining how was ideal to move toward the errand. On account of how the pioneers were seen by the gathering there was minimal shared trust, regard or certainty that the pioneers were going with the right choices, and accordingly any administration style they attempted to execute would have been fruitless (Pettinger, 2007). At last, in the event that the pioneers had investigated their situation and the gathering they would have understood this and picked a more just methodology at first the gathering would have acquired trust for the pioneers, making future strategy execution simpler.

Collaboration Teamwork assumes a fundamental part inside both Fiedler’s Contingency Theory and Chelladurai’s Multi-layered model especially with respect to pioneer part relations, in the event that the gathering are natural and trusting of the pioneer strategy execution turns out to be a lot more straightforward. Comparatively to leade

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