Digital Business and its Implications for Amazon

Individual Report

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY..................................................................................................................................1
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9

INTRODUCTION
Digital Business is considered as the methods and also techniques through which the
needs and requirements can be managed (Akter and et.al., 2020). They are required because of
the need of the time due to the various types of technological advancements and changes which
can be implemented quite properly. This project will mainly concerned about Amazon which is
famous amaeican organisation and mainly famous for online business activities. In this report, a
detailed and specific focus will be made on the way in which Digital Business can attain its
different types of goals and objectives.
MAIN BODY
Explanation about key trends and also advantages related with the Digital
Technology and also Implications of Managing Virtual Businesses in the Global
Environment-
Digital Technology has various types of trends and advantages (Barykin and et.al., 2020).
It is quite essential that their thorough analysis is done appropriately. These can be explained as
follows-
Key Trends and Advantages of Digital Technology-
 Digital Technology is quite useful for particular motive of ensuring that the management
of needs & requirements is done quite properly (Belhadi and et.al., 2021).
 Digital Technology is also helpful in reaching out to a mass range of audience and thus in
this way the goals and objectives can be attained (Bouncken, Kraus and Roig-Tierno,
2021).
 It is quite important that the use of Digital Technology can be made so that the
identification of the improvements which are required to be made in the Business can be
done which will thus be quite helpful.
 It is also essential that through making the use of Digital Technology the efficiency and
effectiveness can be enhanced. Thus, it can be stated that for the organizations it is quite
important that its use should be made.
Therefore, it can be stated that Amazon has to make sure that the Digital Technology can
be utilized by it for speciifc motive of attaining the future goals & objectives. Through making
the use of Digital Technology Amazon can attain goals and objectives quite appropriately.
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It is crucial for the managers to make sure that they are able to use Digital Technology
quite properly for attaining goals & objectives in a right way. An enhancement in the efficiency
and efficiency level can be made by the managers in acorrect t manner in this way.
Implications for managing Virtual Business in Global Environment-
There can be various types of implications of managing Virtual Business in Global
Environment (Caputo and et.al., 2021). These implications are explained as follows-
 It is important that the Virtual Business can help the organizations in boosting their
overall level of sales revenues in a proper manner (Hanelt and et.al., 2021).
 It is necessary that Virtual Business is helpful in finding out the latest market trends so
that speciifc adjustments can be made as per to these particular trends. Therefore, this
will really be helpful in managing the needs & requirements.
 It is quite crucial that the Virtual Business can be useful in ensuring that the management
of the needs and requirements can be done. Therefore, in this way the attainment of the
goals and objectives can be carried out.
 The Global Environment is quite dynamic and ever-changing in nature and therefore it is
quite important that the relevant adjustments can be made according to it. Thus, it is
quite necessary that the organizations are able to make the required adjustments which
will therefore be quite helpful for the particular purpose of enhancing the efficiency and
effectiveness. This can be made possible through the proper use of Virtual Business.
Amazon is therefore able to understand the particular level of importance of these
particular implications so that the proper actions can be taken quite effectively and efficiently.
Thus, it is also prominent for managers of company that they are able to make sure that
they understand the way in which the use of Digital Business has to be made by them. This will
therefore help them a lot in targeting the customers in such a way so that enhancement in the
overall level of efficiency & effectiveness can be carried out. Therefore, it is quite important that
the right decisions can be taken which will thus lead towards the at obtain of the objectives in
the future in an appropriate way.
Evaluation of New and Emerging Digital Business Models-
There are various types of new & emerging Digital Business Models which can be used
by the Businesses so that they are able to ensure that they can effectively & efficiently manage
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