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An Internet Strategy Enabled Nestlé USA to Change Its Way

question 114

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An Internet strategy enabled Nestlé USA to change its way of doing business and allowed the company to change its staid, risk-averse culture; from buying raw materials to processing purchase orders to marketing the roughly
2,000 products that make up its nearly 200 brands. Employees worked to "Make e-business the way we do
Business." Nestlé USA used change to reinvent the company.


Definitions:

Producing Online Movie Rentals

The business activity of offering movies for rent through internet platforms.

Cost To The Firm

The total expenses incurred by a company in producing goods or providing services.

Original Curve

Refers to the initial state or baseline condition of a graphical representation before any changes or impacts are applied.

New Curve

In economic contexts, refers to a shifted demand or supply curve due to changes in factors affecting them, such as consumer preference or production costs.

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