How has the internet influenced the five forces with an industry?

Q: How does Science and Technology help in solving problems in the society? Explain by citing examples.

A: Disclaimer: Since you have asked multiple question, so we will solve the first question for you. If…

Q: “E-Commerce promises to be the way to do business in the 21st century new economy”. Discuss this…

A: In the traditional times, there was an exchange of goods between the people that were better known…

Q: In relation to the increase in the demand of face masks due to COVID-19, create a brief company…

A: COVID-19 has caused a dramatic shortage in the supply of face masks, which is mainly explained by a…

Q: Use the Internet to conduct research  to determine and describe potential opportunities and threats…

A: SWOT analysis is a popular framework executed by companies to evaluate their strategic and…

Q: What is the precise delineation of a popular website? What alternative courses of action are…

A: A website is considered to be popular if it receives a significant quantity of traffic and user…

Q: What are the main challenges of pure e-commerce retailer when to implement a successful omnichannel…

A: A pure e-commerce retailer may find it challenging to implement a successful omnichannel business…

Q: Movie rental stores used to be a vibrant business within the United States, but with the invention…

A: The initial business model was to allow people to rent videos by choosing them online and having…

Q: One of the most successful business models is the franchise, but it didn't originate with…

A: A business model which involves the main party called the franchisor allowing the rights to the…

Q: E-commerce changed the marketing of goods?

A: Electronic commerce or e-commerce is the commercial activity of purchase and sale taking place…

Q: 1. How does every forces in micro and macroenvironment affect company's ability in creating customer…

A: Organizations run businesses in a business environment that includes different components. Micro and…

Q: Using Porter’s Five Forces model, critically discuss the five (5) forces For an industry of your…

A: The Porter's five forces which is applicable in the Retail sector are explained briefly in the…

Q: Explore how you, as a young entrepreneur, can boost your sales and retails during FIFA World Cup…

A: Any entrepreneur who decides to initiate a business should ensure that his business idea should be…

Q: hat are the main factors that contribute to this pattern? Is it going to continue? What makes you…

A: An e-commerce transaction is one in which goods or services are purchased or sold through the…

Q: What technological advance can be used as a marketing tool to provide economic advantage to a…

A: A marketing tool is any technique that is used by a company to promote its products or services to…

Q: Discuss the importance of business and industry. Explain the relationship between industry,…

A: An industry is needed to be studied by an organization to survive an sustain in the market. The…

Q: Three of your friends is contemplating opening a businesses near your college campus.   They seeks…

A: In the given scenario, we are blessed to assess and suggest appropriate strategies for three of our…

Q: Define the FOUR (4) components of technology.

A: Technology refers to the knowledge, methods, and procedures used to achieve objectives.. Technology…

Q: Discuss how the firm’s profitability is affected by its industry environment. Explain in detail and…

A: The firms profitability is definitely affected by its industry environment. The explanation is as…

Q: Discuss in detail the concept of ‘globalization’ and ‘digital age’ in business and market…

A: Globalization is referred to in the business world as the interconnectedness amongst across various…

Q: 1

A: The market trends implies the functioning of different business in an industry in a particular…

Q: When doing a Market penetration strategy, it is costly for small medium enterprise?  Explain.

A: The four arrangements in the Ansoff matrix include market penetration, product development,…

Q: Subject; Entreprenurship Need unique and different business idea model as your own or as it is but…

A: Business is an activity of making money or one’s living by producing some products or services or…

Q: entrepreneurs in many parts of the world open coffee shops?

A: The sense of comfort and relaxation that coffee shops can offer is one of the main reasons why they…

Q: If a company chooses to sell its wares on Amazon rather than on its own e-commerce website, what are…

A: Selling simply entails figuring out what potential customers want and need, then encouraging them to…

Q: Can you provide an example of how the internet has helped to improve a certain aspect of business?…

A: A dependable high-speed connection assures that: • your conversation will operate smoothly; and •…

Q: What are some of the potentially negative impacts of the Internet on a particular industry? Describe…

A: Negative Effects of Internet in Education industry: The Internet has proven to be a double-edged…

Q: What is the best marketing strategy you can use in your eco-farm business to attract more tourists?

A: Eco-farm  - Eco-farm or Ecological farming is a pioneering approach to farming practices. It aims at…

Q: What should be the focus of a company’s mission statement? * Choices: Acquire technology Customers…

A: A mission focuses on the identity (who are you), the purpose of existence (why are you here). For…

Q: Name and describe (giving current examples) four major areas of the external environment that…

A: The four Ps of the marketing mix are under the management of managers, who can choose which items to…

Q: GO to the following website to find library resources and tutoring services by campus.…

A: The market for windows and doors is the one I've chosen to investigate. I chose this industry…

Q: Many of the large tech companies in the market (like Google and Amazon) have implemented a similar…

A: Company will create value for customers and shareholders. Products and services will be created as…

Q: WE yields benefi 2.

A: When the companies are investing meony on the education sector then , their main objective is to…

Q: Virtual Reality and Augmented Reality is known as one of the top trending technologies in recent…

A: Both technologies have obvious use cases in education. Virtual environments allow students to…

Q: The COVID-19 pandemic crisis has forced many small businesses to reassess the decades-old…

A: COVID-19 hit businesses very badly, in some cases shutting down the businesses as well but some of…

Q: Talk about what you know about the internet of things. Just what sets the industrial internet of…

A: Please find the answer below.     INTERNET OF THINGS (IoT) The internet of things, or IoT, is a…

Q: If you are given a chance to work in any of the operating sectors under the Tourism Industry, what…

A: Direct channel- channel of distribution in which there are no intermediaries or middle levels.…

Q: Explain how a certain company's use of the Internet has made it better at what it does. Could you…

A: Introduction: In the ever-evolving digital era, the Internet has revolutionized the way businesses…

Q: Select one of the EV companies operating in New Zealand(either hyundai or tesla).  f. Two…

A: Electric Vehicle (EV) adoption is gaining momentum globally, and New Zealand is no exception. As a…

Q: Is there anything else that connected-car technologies could provide automakers like BMW in terms of…

A: A connected car is also referred to as the Internet of Things often called an IoT device which has…

Q: provide example of a company that had a strategy to develop by engaging in M&As and it turned out to…

A: Introduction:  Merger means combining of two or more companies or the firms. Acquisition means…

Q: If you will be starting a business based on your own idea, answer this question: In selecting your…

A: Business is definitely one of those activities in which a person must have interest and the business…

Q: How are software products adapting to the trend of microtransactions and in-app purchases,…

A: In recent years, the gaming industry has witnessed a significant transformation in its revenue…

Q: Identify an existing business in the area that you believe would be an attractive franchising…

A: The business franchising is a setup in  which a license is given  regarding a particular business to…

Product and Service Classification

Classification of goods and services categorized between industry and customer goods is known as Product and Service classification. It is based on brands, quality, and quantity which companies deliver to the concerned client. Industrial goods are produced for industrial work, whereas consumer goods are produced for personal consumption by the customers. Marketing and sales need technological methods, a healthy environment, proper market strategies, marketing environment in terms of productivity and profit.