Posts Tagged ‘Money’

Ask The Experts About Internet Selling

Nancy asks…

What competitive forces lead a internet selling company to update their website/services?

Describe the competitive forces which are leading them to develop or update their use of e-business. For example, the price, efficiency of the website, access to quality staff, larger market, resources available, economic problems, demand for product (clothes and accessories), competitive companies.

I doing this question on ASOS but i’m finding it difficult to think of and describe the forces because it’s already a online business so how are they influencing the change?

Help please…..

admin answers:

The only thing that drives a corporation is the money coming in compared to the money going out.

If we do this new thing it will cost X, but will make us Y…
If X Y they do not do it.

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