How could abusiness use internet technologies to form a virtual company or become an agile competitor?

Answer 1

Companies can use the internet to publish information about themselves and their products. Through their presence on the Internet, organizations can seek quick access to new markets, and allows them to create virtual companies and to be agile competitors. The Internet promises to be a cost-efficient way for companies to develop strategic collaboration, operations, marketing, and alliances in global markets. Through the Internet, organizations can break time, geographic, cost, and structural barriers.

Answer 2

Businesses can publish information about themselves and their products on the internet. Organizations can seek speedy access to new markets through their online presence, which also enables them to set up virtual businesses and be nimble competitors.

The Internet holds the potential to be an effective means for businesses to build strategic alliances, operations, marketing, and collaboration in international markets. Organizations can overcome hurdles related to time, geography, cost, and structural complexity through the Internet.

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Answer 3

A business could use the internet to reach out to customers through advertising campaigns. The business could also transfer some of its services online to serve customers remotely.

Answer 4

A business can create a web site to promote their company. They can sell their merchandise and products online creating a virtual company allowing their real company to grow and thrive.

Answer 5

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