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What are the key characteristics of a digital business strategy model?
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- Name four activities that a business might want to accomplish online and for each activity explain why its success might be difficult to measure.Why is the Internet said to be the creator of new business models?How can organizations effectively integrate technology and digital transformation initiatives into their strategic plans to enhance operational efficiency, customer experience, and competitive advantage?
- How does outsourcing of website development impact the cost-effectiveness of a business compared to in-house development?What strategies should businesses employ to align their sales and marketing teams, ensuring they work together seamlessly to achieve common goals and drive revenue growth?W hat strategies should businesses employ to align their sales and marketing teams, ensuring they work together seamlessly to achieve common goals and drive revenue growth?
- Describe the concept of IT governance. How does it help organizations align their IT strategies with business goals?How do organizations address risks associated with digital transformation initiatives?Explain the role of IT in digital transformation. How can businesses leverage IT to enhance their competitiveness?