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The major impact of e-commerce on strategic planning has been the necessity for businesses to adapt to a rapidly changing digital landscape. Companies must now prioritize online presence, customer experience, and data analytics to remain competitive. Additionally, e-commerce has shifted focus towards global markets, requiring strategies that encompass logistics, supply chain management, and digital marketing. Overall, organizations must integrate technology-driven approaches into their strategic frameworks to effectively meet consumer demands and navigate market challenges.
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Is there chambers of commerce in all cities?
All major metropolitan cities do have a Chamber of Commerce. Smaller cities usually do not have a Chamber of Commerce. This is an organization that attempts to attract businesses to a city.
Major global trend in distribution?
E-commerce is a major trend effecting distribution. As companies are determined to accommodate online business the facilities are expanding .
Five major differences between the early years of e-commerce and today's e-commerce?
à What are five of the major differences between the early years of e-commerce and today's e-commerce?The major differences between the early years of e-commerce (the Innovation stage), the period between 2001-2006 (the Consolidation stage) and today's e-commerce (the Reinvention stage) are:· During the Innovation stage, e-commerce was primarily technology-driven. During the Consolidation stage, it was primarily business-driven. Today's e-commerce, while still business-driven, is also audience, customer, and community-driven.· During the Innovation stage, firms placed an emphasis on revenue growth, quickly achieving high market visibility/market share. During the Consolidation stage, the emphasis was on building profitable firms. Today, audience and social network growth are being emphasized.· Startups during the Innovation stage were financed by venture capitalists, while those in the Consolidation stage were primarily financed by traditional methods. Today, startups are once again being financed by venture capitalists, albeit with smaller investments. In addition, many large online firms are now entering the market, and acquiring early stage firms via buy-outs.· During the Innovation phase, e-commerce was, for the most part, ungoverned. In the Consolidation stage, there was a rise in the amount of regulation and governmental controls by governments worldwide. Today, there is extensive government regulation and surveillance.· The Innovation stage of e-commerce was characterized by the young entrepreneurial spirit. During the Consolidation stage, e-commerce was primarily dominated by the retail giants. Today, large purely Web-based firms are playing a major role.· The Innovation phase was characterized by an emphasis on deconstructing traditional distribution channels and disinters mediating existing channels. During the Consolidation stage, intermediaries strengthened. Today, there are proliferations of small online intermediaries that are renting the business processes of larger firms.· "Perfect markets" in which direct market relationships with consumers, the decline of intermediaries, and lower transaction costs resulted in intense competition and the elimination of brands, are being replaced by imperfect markets. Imperfect markets are characterized by a strengthening of brand name importance, increasing information asymmetries, price discrimination, and network effects.· The early years of e-commerce saw an infusion of pure online businesses that thought they could achieve unassailable first mover advantages. During the Consolidation period, successful firms used a mixed "bricks-and-clicks" strategy, combining traditional sales channels such as physical stores and printed catalogs with online efforts. Today, there is a return of pure online strategies in new markets, as well as continuing extension of the "bricks and clicks" strategy in traditional retail markets.· The early years of e-commerce were dominated by the first movers. In the Consolidation stage, e-commerce was dominated by the well-endowed and experienced Fortune 500 and other traditional firms. Today, first-mover advantages are returning in new markets as traditional Web players catch up.
How could investors and Shareholders influence and impact on an organisation?
Investors and shareholders can significantly influence an organization through their voting rights on key issues, such as board elections and major strategic decisions. Their financial support is crucial, as it impacts the company’s capital for growth and operations. Additionally, they can shape management decisions by advocating for specific strategies or changes, often through shareholder proposals or activism. Ultimately, their expectations regarding financial performance and corporate governance can drive organizations to align with shareholder interests, impacting overall company direction.
What are the disadvantages of digital marketing?
The e-commerce doesn't allow the user "to touch" the merchandise before purchasing it. One of the major disadvantages may be the lack of trust of the users because of the constant virtual promotions that appear to be frauds and Other disadvantage is the cash on delivery system, since it doesn't guarantee the 100% purchase of the product.
How would you convince your owner for implementing a strategic planning in the organization?
Q: - 1 How would you convince your owner for implementing a strategic planning in the organization?Answer page 7 and 13 To convince our owners we should let upon strategic planning. Strategic planning is the key to helping us collectively and cooperatively gain control of the future and the destiny of our organization. Some firms do not in strategic planning and some firms do strategic planning but receive no support from managers and employee like this cause which you mention. There are many reasons which officers dislike strategic planning for example.In this assignment you mention 2 reasons like CEO this strategic planning is totally waste of time and too expensive to implement.Some firms see planning as a waste of time since no marketable product is produce. Time spent on planning is an investment.Q: - 2 Being a marketing manager, you need to identify the external force that has a major impact on your organization. Support your answer with expert opinions?Answer.Page 28 and 36
What are the three major types of planning?
The three major types of planning are strategic, tactical, and operational planning. Strategic planning focuses on long-term goals and the overall direction of an organization, often involving high-level decision-making. Tactical planning translates strategic goals into specific actions and initiatives, typically covering a shorter time frame. Operational planning deals with day-to-day activities and processes, ensuring that the organization's resources are utilized efficiently to achieve tactical objectives.
What are the three major activies in planning function?
There are three basic activities in Strategic Planning. Strategic Analysis which requires some sort of review of the company's driving force and environment. Setting Strategic Direction which requires coming to conclusions and setting strategic goals based on the issues facing the company. Action Planning involves the carefully laid out plan or gameplay needed to achieve a successful outcome.
Where can one go for strategic planning consulting?
A strategic planning consultant monitors and makes suggestions on strategy to give a company the best possible chance for financial gain. This person also charts gains in any direction, whether up or down. He plays a major part in any company.
What are the three major threats of m-commerce?
what are the three major threats of m-commerce
What are major steps in planning?
major steps in planning
What are the two major benefits of strategic management to an organisation?
it help in long time planning to distribute work effectively among the members. It aids in decision making to divide the resources and making short term projects to accomplish the strategic goals.
What are the five major categories of operations planning?
The five major categories of operation planning are: capacity planning, location planning, layout planning, quality planning, and methods planning.
Three major threats of m-commerce?
major
Where can you get help on planning a New York City vacation?
The New York Chamber of Commerce has several websites for those planning a vacation to the city; they include major attractions, transportation including subways and buses, hotels and motels and guides to the cultural districts.
What is major elements in planning a tourism destination?
major elements in planning tourism destination
How do you become a city planner?
You can find more information about becoming a Certified Strategic Planner at http://strategyclub.com/become-a-certified-strategic-planner/. (This is the website of Professor Fred David, author of Strategic Management:Concepts and Cases.)
