Discuss How Managers Can Formulate E- Business Strategies That Contribute

question 104

Essay

discuss how managers can formulate e- business strategies that contribute to the development of a sustainable competitive advantage in today's environment.

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Definitions:

Public Relations

The practice of managing and disseminating information from an individual or an organization to the public to influence their perception.

Divisional Structure

An organizational framework where operations are grouped based on divisions, which could be organized by product lines, geographical locations, or customer segments.

Meganational Company

A large corporation operating in multiple countries around the globe.

Matrix Structure

An organizational structure that creates dual lines of authority and combines functional and product departments in a way that allows for a high level of collaboration.