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There are 2 possible answers to these 2 statements: I've given you the possible answers. Now you need to choose the correct one and explain
There are 2 possible answers to these 2 statements: I've given you the possible answers. Now you need to choose the correct one and explain why your answer is correct. 1. When talking about a business model, it is that key plan or objective that a company has to make a profit by selling its products or services. In the .com era, all traditional companies will need to revamp their business models to remain competitive. So there is a moment where there is a crossroads between digital transformation and the commercial model where there must be innovation: there are a lot of new tools, new products and new ways to sell those products and these new products will need to be integrated into companies' business models. This integration can lead to a completely new business model design that leads to the reorganization of business activities and processes; It is a structural and also conceptual transformation that establishes and explains the strategy of obtaining income ofa company, that is, the value offers, the techniques of income generation, the sources of income and the target consumer ofthe product. The transformation of the business model and income model under the impact of the Internet is the optimization and adjustment of the internal structure of a company. Technological advances have made it possible for companies to be more efficient, produce and ship products faster, capture more opportunities, increase customer loyalty and, most importantly, make more money. Today all companies use the internet and it is and will continue to be the New Electronic Market and will continue to evolve day by day with new business models as new companies emerge. Answer 1 - Yes I agree or Answer 2 - No I don't agree 2. The dot-com bubble was a fantasy period when a lot of venture capitalists actually didn't care if a business turned a profit, because it didn't need to. When the bubble burst in 2000, there were only around 400 million people online worldwide. Ten years later, there would be more than 2 billion. The dot-coms from that time, the training wheels for the internet, taught us to live online. Omnipresence of the Internet has become important part of today's world and outgrown the scope ofjust personal computers. We can observe now how it turn to a commonplace to access the global internet through cellular telephones, personal organizers, home appliances, videogame consoles, vending machines, and automobiles. In short, the Internet has become more than a simple and effective way to exchange e-mail and documents; it is emerging as a critical backbone of commerce. Development of digital business is happening at a faster pace than many expected and feel less comfortable with. As the Internet of Things spreads, the implications for business model innovation are huge. Filling out wellknown frameworks and streamlining established business models won't be enough. The ability to track products in use makes it possible to respond to customer behavior. For these reason, products can now be connected with other products, leading to new analytics and new services for more effective forecasting, process optimization, and customer service experiences. Revenue generation in the connected environment is not limited to physical product sales. We can notice that other revenue streams become possible after the initial product sale, including value- added services, subscriptions, and apps, which can easily exceed the initial purchase price. Answer 1 - Yes I agree or Answer 2 - No I don't agree
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