Q6.Q6. ICICIDirect is the first service in India toprovide complete end-to-end integration forseamless electronic trading on the stockexchanges. This service will enable theuser to tie- in his trading bank account andhis demat account to your brokerageaccount electronically.This integration ofbrokerage ,demat and bank accountsensures that money is transferred to/fromthe user bank account and the shares aretransferred from/to his demat accountautomaticallywithoutanypaperwork.IClCIDirect keeps track of thetransactions ,the settlement dates, andstock exchange rules.How is the web in this case enhancesthe convenience of customers ?Derive thebusiness model of ICICIDirect in this case.

The end-to-end integration of seamless transactions between the banking, demat, and trading account…

Answered: How is the web in this case enhances…

Business

Management

How is the web in this case enhances convenience of customers ?Derive the siness model of ICICIDirect in this case.

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

See similar textbooks

Related questions

Q: explain the concepts of share of customer, customerlifetime value (ClV), and customer prioritization

A: Share of the customer can be defined as the customer's purchasing portion that the company obtained…

Q: Which of the following is an example of B2B marketing? a) A magazine devoted to sports b) A magazine…

A: Marketing refers to a series of activities carried out by an individual or marketer to stimulate…

Q: How will you explain the phrase “segmentation is both an art and science?” Explain

A: Marketing is an activity which the firm takes up to make customers. It is a primary activity for any…

Q: Give answer as fastest. What is ment by marketing environment

A: The marketing environment is one of the most important ideas in marketing management. It alludes to…

Q: Four requirements that are beneficial for segmentation should be highlighted.

A: In terms of business and marketing, before implementing or applying any strategy or tactics to yield…

Q: Which of the following is not a market segmentation method? a) geographical factors B)…

A: Market segmentation refers to the process of dividing the heterogeneous groups in the market into…

Q: Outline the primary actions involved in a segmentation. If you're familiar with paging, how does…

A: Segmentation is the process of dividing a large and heterogeneous market into smaller groups of…

Q: What is conclift of interest? Explain with a short example.

A: In an organization where the employees are working, such employees may have their own beliefs,…

Q: Find a product and service; make a plan how to sell it with the details.

A: A product or service is anything of value offered to customers for consumption against an amount of…

Q: The online shopping industry has rapidly grown and becomes an important segment. Prepare a paper…

A: ONLINE SHOPPING: Online shopping is a electronic commerce where the customer buy products online…

Q: How does market research contributes to designing a total concept of a bar, to creating your total…

A: Market research is the process of gaining insights on trends, attitude, taste, preferences and…

Q: How has digital marketing impacted traditional market segmentation methods?

A: In the contemporary business landscape, the advent of digital marketing has reshaped the way…

Q: Explain segmentation's main steps. What distinguishes it from book pagination? Compact means what?

A: Please find the answer below. SEGMENTATION :- Segmentation refers to the process of dividing a…

Q: What has covid 19 impact been on the hospitality industry? Especially airlines, hospitals,…

A: * Before understanding how Covid 19 impact on industries especially on hospitality sector , let us…

Q: hat is Grab Company Po

A: Talking about the Grab marketing strategy then, the company uses the direct marketing strategy for…

Q: What are the marketing channel links associated witheach information flow?

A: There are basically six marketing channel links associated with each information flow which are as…

Q: Please do not give solution in image format thanku Why would a sport marketer need to segment his…

A: Since the two questions are incomplete, we are providing you with answer of first two questions.…

Q: To develop the segmenting, targeting and positioning (STP) for grab company

A: One of the effective and reliable marketing strategy today is STP (Segmentation, Targeting, and…

Q: role of CRM in omnichannel marketing and customer engagement. How can it help create a unified…

A: In today's digital era, organizations face the challenge of effectively integrating and managing…

Q: product

A: Talking about the state of mind segmentation then, we divides the customers on the basis of how they…

Q: Quick response strategy gets prevalence today in the market. Why? Explain.

A: The quick response strategy is also known as the QRS which is adopted by members in the…

Q: What is beacon marketing? What are digital wallets?

A: Beacon is a small electronic device which helps to know the present location of a device by using…

Q: Describe ttends in 8-to-8 Internet marketing

A: The activity of promotion of a business or brand and its products and services on the internet is…

Q: xplain The Meaning Of "segmentation Violation"?

A: Segmentation in marketing refers to the process in which the marketer creates small or homogeneous…

Q: Sample of part of market strategies of coffee shop business with examples

A: A marketing strategy refers to the overall game plan of an organization to reach potential buyers…

Q: 1.) Evaluate Deliveroo's busine with regard to B2C and B2B m typologies. Reference key academic…

A: Businesses makes value for consumers and shareholders. These consumers can be end users or…

Q: Quick response strategy gets prevalence today in the market.why? Explain

A: Inventory management is described as a means of making storage, and conduct an order and usage of…

Q: Explain the following characteristics of business buyers: a. Buying Centers b. Evaluative…

A: Business buyers are the economic ecosystem's driving force. They are the driving force behind…

Q: Remembering the target market segments you identi- fied in Chapter 7 for your marketing plan: 1 (a)…

A: Social media is used by marketers for marketing as it gives them a lot of different advantages.…

Q: Of the four categories of variables, which one seems to be the most central to Ski Butternut’s…

A: Marketing is a primary activity for any company along with production. They will bring profits…

Q: Describe the fundamentals of segmentation. What makes it different from the traditional method of…

A: Segmentation and Paging are two of the most prevalent memory management strategies employed by…

Q: The first stage in the consumer buying process is: a. Problem recognition b. Evaluation of…

A: Consumer buying process - It is a sequence of steps that are followed by consumers either knowingly…

Q: Outline the importance of relationship marketing.

A: Relationship marketing is very important in today's time as it has the ability to make sure that…

Q: Develop a 4P's matrix of Maynilad using yourself as the target market!

A: Target marketing refers to the technique in which organization select or segment specific class of…

Q: Explain 4 levels of market segmentation of a CEO who is about to introduce a new product of a…

A: Market Segmentation is the process of dividing the target market into smaller and more defined…

Q: Discuss in detail the importance of behavioral segmentation for a online dog store

A: Behavioural segmentation refers to the type of segmentaiton where the marketer segments the…

Q: FOR GOOGLE, Is the size of each market segment sufficiently large or important to warrant a unique…

A: Market is divided into different segment and each segment is having its own characteristics and…

Q: What website characteristics could online retailersuse to enhance the probability of purchase…

A: The job of the marketers is one of the effective and important work for the organizations. The…

Q: one segmentation variable is common in business markets but not relevant to consumer markets.…

A: Business markets square measure segmental otherwise than shopper markets. Business markets could…

Question

Q6.
Q6. ICICIDirect is the first service in India to
provide complete end-to-end integration for
seamless electronic trading on the stock
exchanges. This service will enable the
user to tie- in his trading bank account and
his demat account to your brokerage
account electronically.This integration of
brokerage ,demat and bank accounts
ensures that money is transferred to/from
the user bank account and the shares are
transferred from/to his demat account
automatically
without
any
paperwork.IClCIDirect keeps track of the
transactions ,the settlement dates, and
stock exchange rules.
How is the web in this case enhances
the convenience of customers ?Derive the
business model of ICICIDirect in this case.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.

Similar questions

Which of the following would most likely benefit from being categorized as segmentation by product usage? Protection services Fast food restaurant Silicon Valley Dairy farmers.
Please help answer
How can long-tail keywords be valuable in content marketing and online content strategy?
Is behavioral segmentation the best segmentation base? Explain your answer.
TRUE/FALSE Technology is an important factor in the growth and adoption of direct segmentation and bahavioural marketing.
What target segment is best targeted on Youtube
What is market presence? Give atleast 1 example
What is a buying center? Describe the roles as-sumed by people in a buying center and what use-ful questions should be raised to guide any analysisof the structure and behavior of a buying center
Describe the role of CRM in customer segmentation and targeting.