subpart to be solved (b)Upon graduation, eager to join the work force you sent many resumes tocompanies that you want to join. And you received a call for an interviewfrom one of the companies you applied for. This company's business isheavily on brick and mortar whereby their products are being tradedphysically in a shop. You were happy to receive this invitation and youaccepted their call to attend the interview. During the interview session, one ofthe managers asked your opinion about several queries. The queries arebelow. As an interviewee how you manage to answer them in a professionalmanner will help you secure the job. The context and depth of your discussionwill be added advantage as it will portray your knowledge and understandingof their needs.Query 1As you are aware, our company is mainly trading via brick-and-mortarconcept for many years now. Due to the recent pandemic, the topmanagement is considering on engaging into E-Commerce or somecall them as E-Business. Explain the differences between traditionaland E-Commerce way of business.(i)Query 2Do you think embarking into this new or additional business strategywould be advantageous to the company and society? Please doenlighten me on this.(ii) Query 3In this world nothing is perfect, and by embarking into doing businesselectronically, do you think our company could face any kind oftechnical challenges? Hope you could give us some areas that youthink are vital for us.(iii)Query 4Do you think there are any flaws ofE-Commerce? Please explain.(iv)

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

Query 1 As you are aware, our company is mainly trading via brick-and-mortar concept for many years now. Due to the recent pandemic, the top management is considering on engaging into E-Commerce or some call them as E-Business. Explain the differences between traditional and E-Commerce way of business.

Query 1 As you are aware, our company is mainly trading via brick-and-mortar concept for many years now. Due to the recent pandemic, the top management is considering on engaging into E-Commerce or some call them as E-Business. Explain the differences between traditional and E-Commerce way of business.

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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Concept explainers

Forecasting in Business

Forecasting is the process of predicting the future based on the past and the present data and circumstances. In other words, forecasting is the act of making a detailed analysis of future events based on the decisions made in the past as well as the present. Forecasting plays a very important role in operational management as it helps in planning and decision-making. It is not only important for the success of a business but also contributes to individual growth and success. Many business organizations or companies have failed due to the shortcomings of their forecasting.

Question

subpart to be solved

(b)
Upon graduation, eager to join the work force you sent many resumes to
companies that you want to join. And you received a call for an interview
from one of the companies you applied for. This company's business is
heavily on brick and mortar whereby their products are being traded
physically in a shop. You were happy to receive this invitation and you
accepted their call to attend the interview. During the interview session, one of
the managers asked your opinion about several queries. The queries are
below. As an interviewee how you manage to answer them in a professional
manner will help you secure the job. The context and depth of your discussion
will be added advantage as it will portray your knowledge and understanding
of their needs.
Query 1
As you are aware, our company is mainly trading via brick-and-mortar
concept for many years now. Due to the recent pandemic, the top
management is considering on engaging into E-Commerce or some
call them as E-Business. Explain the differences between traditional
and E-Commerce way of business.
(i)
Query 2
Do you think embarking into this new or additional business strategy
would be advantageous to the company and society? Please do
enlighten me on this.
(ii)

Query 3
In this world nothing is perfect, and by embarking into doing business
electronically, do you think our company could face any kind of
technical challenges? Hope you could give us some areas that you
think are vital for us.
(iii)
Query 4
Do you think there are any flaws ofE-Commerce? Please explain.
(iv)

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