Wednesday, October 9, 2019
Digital revolutions (3) Essay Example | Topics and Well Written Essays - 1250 words
Digital revolutions (3) - Essay Example oss border, multi cultural, diverse business engagements where the products and services are delivered based on the cultural constraints and cultural specialties. The worldââ¬â¢s leading brands in the form of B.M.W, Coca-Cola, Nokia and many more are operating based on this concept that are focused around the cultural and geographical characteristics of a given locality and local market. The digital revolutions have brought about a total change with regard to the relationship between the two ends. The relationship is now much speedier, accurately, customer centric with increased benefits and productivity at both ends. The means so adopted are different. The physical undertaking of visits to the outlets, the company shops are no more the trends, rather online shopping, online orders, online visit of the websites and online interaction in various means serves the overall relationship and purpose between the two stakeholders of business engagements. As a result of the digital revolution, the new means of communication are adopted. These include the ordinary digital communication to the video calls to online shopping offers, online services and app stores to many more similar features. Between the business partners, the usage of video conferencing is another added feature which has come about in the form of virtual engagements, meetings and business partnerships that have virtually removed the reliance upon physically undertaken tours, trips and meetings that would otherwise cost for physical participations as well as the time spending on different tours and trips. E commerce defines activities and engagements in business processes that are performed over the digital medium. Predominately the electronic interchange and exchange of business. These may include the use of credit cards in the simplest terms to the other electronic transactions, online bookings, online purchases, online interaction, visiting the websites, visiting the online stores and the engagements may
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