Question: 1. E-commerce (EC) strategy is an organization's strategy for use of e-commerce or e- business. Organizations identify EC opportunities and implement different types of EC

1. E-commerce (EC) strategy is an organization's

1. E-commerce (EC) strategy is an organization's strategy for use of e-commerce or e- business. Organizations identify EC opportunities and implement different types of EC strategies according to the types of organizations. a) Explain the term strategic formulation". (3 marks) b) Discuss the four types of approaches in identifying EC opportunities. Give examples to illustrate your answers (12 marks) c) Discuss the four types of companies using different types of EC strategies. (10 marks)

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