Business Driven Technology
Business Driven Technology
7th Edition
ISBN: 9781259567322
Author: Paige Baltzan Instructor
Publisher: McGraw-Hill Education
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Chapter B, Problem B12.1MBD

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Significant trends in e-business industry:

  • The significant trends in e-business industry includes:
    • The brick and mortar stores are losing market share to online stores.
      • The brick and mortar denotes street side business that deals customers in office.
      • It finds difficult to compete with web based business.
      • The e-business requires low operating costs and greater flexibility.
      • The brick and mortar allows customers to touch and try items before purchase.
      • Transactions may require physical presence whereas e-business does not have such a requirement.
      • It denotes having established online business for capturing online retailing.
    • The population growth in developed countries is getting stalled.
      • The business growth leads to market tapping.
      • More people entering market, can improve business.
      • More people are getting attracted to digital market zones.
      • Purchasing and dealing with products has become so easy task in e-business.
      • There is no waste of time, payment and other factors in e-business...

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Business Driven Technology

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