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Digital Business: Emerging Models, Collaboration, and Strategic Alliances

   

Added on  2022-12-28

13 Pages3966 Words46 Views
Business DevelopmentProfessional Development
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DIGITAL BUSINESS
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EXECUTIVE SUMMARY
Emerging business models and the digital business will be provided In the report as it is crucial
for them to develop a working in the process of organizational success. The digital market
impact ion the business brands need to be considered as to develop so that they can improve the
working in the digital business. It is important for the company and the organization to use the
digital business in increase of working business. The emerging business models are factors to
development of lots of business in the market. There are different sources of market which are
dealing in the market of digital platform and the competition in market is very high.
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Table of Contents
EXECUTIVE SUMMARY.............................................................................................................2
INTRODUCTION...........................................................................................................................4
MAIN BODY...................................................................................................................................4
(1) Overview and the advantage disadvantages of digital business.................................................4
DEFINE DIGITAL BUSIENSS..................................................................................................4
ADVANTAGES OF DIGITAL BUSINESS...............................................................................4
DISADVANTAGES OF DIGITAL BUSINESS........................................................................5
APPLICATION TO USE DIGITAL BUSINESS.......................................................................5
(2) Emerging digital business model in context to business issues.................................................6
Defining emerging business models............................................................................................6
Discussion on the business model................................................................................................6
Organization and its emerging business model..........................................................................7
(3) New collaboration and the strategic alliances............................................................................8
Definition of strategic alliance and collaboration........................................................................8
Advantages and disadvantages of collaboration and strategic alliance :.....................................8
Utilization and the use of collaboration and strategic alliance for the organization....................9
(4) E-commerce and its principle...................................................................................................10
E-commerce:-.............................................................................................................................10
Principle of E-commerce...........................................................................................................10
E-commerce principle in organization.......................................................................................11
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................13
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INTRODUCTION
Digital business refer to the process of utilizing the technologies and the artificial intelligence to
increase the process of working of business and to develop there working in the market to its
competitors. It is crucial for the organization to develop there working to increase the overall
overprocess of organization (Rangaswamy and et.al., 2020). Amazon is one of the leading brand
in the market which is providing the serves in every segment of the market. The report will
explain the process of digital business and also will explain the importance of utilization of
digital business in the organization context. Further the report will explain the strategic alliances
and the colobaration in the market for the brands.
MAIN BODY
(1) Overview and the advantage disadvantages of digital business
DEFINE DIGITAL BUSIENSS
Digital business refer to the use of technologies to create a new value of business in their
business models. The customer experience to be increased and the internal capabilities which are
supporting them in its core working in operation. Digital business is the business which is
increasing and it is providing the impact on the overall business strategies and model of the
organization who are using the technologies and updating the business strategies. It helps in
increasing the customer satisfaction and provide them new ways of getting experience in the
business product and services the organization offering.
ADVANTAGES OF DIGITAL BUSINESS.
Enhanced data collection : Digital business help in increasing the business data collection and
enhance the working by providing a safer and faster way of working in the business.
Greater resource management : digital business help in increasing of the greater resources of
the business. It helped in increasing of the overall business in the department and allow them a
greater resources to used. This also provide them with the improved and enhanced working in the
business.
Data-driven customer rights: this helps and provide a benefit in data to be driven according to
the customer rights and help the organization in achieving the business goals.
Increased profit : Digital business help the organization in increasing the business and provide
the increase in profit margin.
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