Question
The development of B2B ecommerce has been a major driver of economic growth and innovation over the past two decades. B2B ecommerce refers to the
The development of B2B ecommerce has been a major driver of economic growth and innovation over the past two decades.
B2B ecommerce refers to the buying and selling of goods and services between businesses. This type of e-commerce has revolutionized the way businesses interact, allowing for faster, more efficient transactions and a greater variety of products and services. The development of B2B ecommerce has been driven by a number of factors, including the rise of the internet, the emergence of mobile technology, and the increasing availability of online payment systems. The internet has allowed businesses to reach a much larger customer base, while mobile technology has enabled customers to shop from anywhere at any time. Online payment systems have made it easier for customers to make purchases, and have allowed businesses to accept payments from different businesses in Page 3 different countries. The development of B2B ecommerce has been driven by the emergence of new business models, such as subscription-based services, marketplace platforms, and digital marketplaces. These new business models have allowed businesses to offer customers more options and better prices, while also providing them with more control over their purchases. In addition, the development of B2B ecommerce has been driven by the emergence of new technologies, such as artificial intelligence, machine learning, and block chain. These technologies have enabled businesses to automate processes, improve customer service, and provide customers with more personalized experiences. Overall, the development of B2B ecommerce has been a major driver of economic growth and innovation over the past two decades. It has allowed businesses to reach a much larger customer base, while also providing business with more options and better prices. It has also enabled businesses to automate processes, improve service, and provide more personalized experiences. Finally, it has allowed businesses to shop from anywhere at any time and has made it easier for them to make purchases. v Based on your understanding of previously mentioned highlights, you are requested to select a company that do B2B ecommerce in the world or in your region to conduct your research, study, and analysis. v By referring to your chosen company, you should answer the following three questions in an essay format:
Q1. Critically discuss the key important factors and forces of B2B ecommerce industry environment that affect the chosen company choice of strategy. From your own perspective, what actions should your chosen company do to keep its competitive advantage alive? (Include data/facts to support your opinion)
Q2. Based on your findings in question 1, critically evaluate the key resources, capabilities, core competences and knowledge available for the chosen company to successfully compete within its boundary and sustain a competitive advantage? As a strategist, what recommendations would you suggest helping the company to sustain its competitive advantage?
Q3. Critically evaluate the chosen company Corporate and Business-Level strategies components in response to the challenges of B2B ecommerce locally and globally. (Include facts/facts to support your opinion
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