Please enable JavaScript.
Coggle requires JavaScript to display documents.
Digital (These are worrying times (Making sense and staying ahead…
Digital
-
Digital Transformation
What is meant by that?
Elimination of non-value adding intermediaries facilitating interactions between supplier & customer e.g. wholesalers, distribution networks
Amazon is a virtual shop-front, aggregating demands. Its significance is based on market power to negotiate low costs that it passes onto consumer. Single point of contact for all products - ease of use for consumer.
-
-
Digital is about moving things from the real to the virtual domain e.g. banking, shopping, dating
-
-
-