Digital Business: Analysis on Organizational Working and Data Management

Digital business

Executive Summary
Analysis on the organizational working and the approaches in which data has been being
managed such that high evaluation of the factors can be done within the report. Also with that
evaluation on the associated factors which have to be managed by the institute is also being
within the report.

TABLE OF CONTENTS
Executive Summary.........................................................................................................................2
INTRODUCTION...........................................................................................................................4
MAIN BODY..................................................................................................................................4
Business activities........................................................................................................................4
New and emerging digital business models.................................................................................6
Business collaborations...............................................................................................................7
E-commerce.................................................................................................................................9
CONCLUSION..............................................................................................................................11
APPENDIX....................................................................................................................................11
REFERENCES..............................................................................................................................12
Books and Journals....................................................................................................................12

INTRODUCTION
Digital business is the process of creating new designs for business. This type of business blurs
the line of digital and physical worlds. All the businesses are connected through the source of
internet. Along with the people, the communication process and even the negotiations are done
digitally in the new world of digital business. Convergence of people, business and other things
disrupts the already existing business models (Senyo, Liu, and Effah, 2019). It is related to the
businesses born with the Internet and e-business eras. Digital business is very different from e-
businesses related to the presence and integration of many things. Tesla is an American company
specialising in electric vehicle and clean energy company. The products from Tesla include
electric cars, batteries, solar panels and many more products. Tesla is doing great in the market
and has brought an innovative approach to the automobile industry. This report deals with digital
business models and the use of digital technology.
MAIN BODY
Business activities
Digital business comprises of business activities which is being done through the means of
internet and associated online platforms digital businesses experiencing organisational sales
because of the fact that in the current time customers are highly being motivated in order to
utilise technological advancements and due to which they are changing their ways of buying and
selling the products. This also become and Prime consideration because with the business off
lifestyle customers engagement in terms of buying and selling of products is being improvised
because of which several approaches have to be take (Wieland, Hartmann and Vargo, 2017).
There are several advantages which are being associated with the digital business this
happens because change organisational services and products are being sold through the means
of online platforms because of which chairs to be made on tangible stores is reduced and because
of which high profit margin can be accomplished with the specific product by the corporate. In
the current time period since customer travelling is being affected due to the implications of
covid-19 pandemic because of which it is highly important for the corporate that it analyses
variation in customers buying preferences and then on that basis take suitable appropriate
measures to improve its working capability through which higher work target can be
accomplished.