BUSINESS ADMINISTRATION
MANAGEMENT INFORMATION SYSTEM
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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IT innovation
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New Business Models
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E-commerce expanding
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Management changes
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Detailed explanation-1: -Increased Digital Marketing e-Commerce has revolutionized how businesses conduct their daily operations and it continues to bring new options to the forefront. According to a study, 76% of consumers believe that marketing has changed in the past few years more than it has in the last fifty.
Detailed explanation-2: -The effect of eCommerce By selling online, retailers can save money while making it easier for consumers to find what they’re looking for. Operating a webpage that customers can explore from the comfort of their own home is significantly less expensive than maintaining a walk-in location.
Detailed explanation-3: -E-commerce applications are still evolving and changing rapidly. Internet access is still not cheaper and is inconvenient to use for many potential customers, for example, those living in remote villages.
Detailed explanation-4: -E-commerce gives small businesses a chance to compete with the marketing reach of much larger businesses. Through smart social media campaigns, SEO optimization, and other digital marketing techniques, small businesses can cut through the noise in competitive markets.