Read the article and answer ALL questions that follow: The immense development of technology has brought dramatic changes to business structure. More specifically, the Internet has become an important alternative distribution channel for goods and services $($Babbar et al$.,2008$ DeYoung et al$.,2007$ Mainetti et al$.,2012).$ E$-$business is defined as the procedure of conducting business through the use of the Internet and computerized technology $($Dubelaar et al$.,2005$ Hertwig, $2012).$ It is an online activity that brings together employees, collaborators, suppliers and customers, whilst having the creation of value as its primary goal $($DuPlessis and Boon, $2004$ Lai et al$.,2012).$ Moreover, e$-$business improves operation efficiency and increases the reach of organizations $($Ash and Burn, $2003$ Bordonaba$-$Juste et al$.,2012$a$).$ However, the establishment and the successful implementation of ebusiness is a really challenging matter. Thus, one has to take under serious consideration issues like strategy making and cooperating with partners that are involved in the e$-$business operation $($Sauer and Willcocks, $2003$ Lee et al$.,2003).$ Moreover, security matters related to data access have to be taken care of$,$ as data exchange among e$-$business partners has to be controlled $($Davidson$,2001).$ Additionally, knowledge creation and customer satisfaction are important matters for an e$-$business implementation process $($Huang et al$.,2008$ Lai et al$.,2012$ Yeh et al$.,2012).$ The present study investigates the role of certain $$organizational capabilities$$ in the successful implementation of e$-$business. According to Lee et al$.(2007),$ organizational capabilities are constituted by $$organizational learning capabilities$$ and $$knowledge management capabilities$.$ The first include $$training availability$,$technical expertise$$ and $$knowledge level$,$ while the latter include $$knowledge accumulation$,$knowledge application$$ and $$knowledge sharing$.$ Moreover, other significant organizational factors are incorporated in the research model of the study $($firm size, chief executive officer $[$CEO$]$s knowledge$).$ Such a multidimensional approach has randomly been explored in the existing literature, thus, making such an examination a futile field of research.

QUESTION $1(25$ Marks$)$Thus$,$ one has to take under serious consideration issues like strategy making and cooperating with partners that are involved in the e$-$business operation$.$ Analyse and report on the requirements for a sound e$-$business strategy that should be considered by any organisation wishing to transform into an e$-$business.