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Market & business efficiency (Business & market forces (business…
Market & business
efficiency
Market efficiency
price represents true values of products
free access
free flow of information
Business efficiency
Create product/service without waste and unnecessary effort
ratio revenue/costs high
Business & market forces
transparency
business intelligence
allow stakeholders to get information
market inteligence
allow customers to judge quality and performance
Core competencies
Collaboration
Supply chain
Agility
innovativeness
substitues
e-Solutions
new functionalities
reduce cost
improve quality
increase transparency
relationship between market & business efficiency
low market & low business
not transparent
no information about choices
enterprises don't compete
low quality, high prices
low market & high business
not transparent
no information - traditionl providers
export to foreign markets
high prices
high market & low business
transparent
well informed
inefficient enterprises - lower prices
no innovation
cannot stay on market
high market & high business
transparent
well informed
compete through innovation