Monday, February 3, 2020
The strategy of e-business Annotated Bibliography
The strategy of e-business - Annotated Bibliography Example Because of the nature of these networks, there is then the recognition that the very framework of e-business strategy must be reimagined in conjunction with this new landscape. In this way the article argues that businesses must reimagine strategy based on a more dynamic business environment. The traditional business environment examined strategy in terms of specific goals and long-term visions. The nature of this new paradigm in e-business, however, is such that business must constantly assess their strategic approach in regards to the shifting nature of connectivity. For Li (2004, p. 46) then then this is accomplished through establishing a holistic framework. Within the holistic framework the business will consider all inputs ââ¬â supply chain management, sales, general business strategy ââ¬â in a systematic and dynamic process. No longer will business establish a simple long-term vision, but instead will establish a dynamic and agile business strategy for to function within this new paradigm. In pursuit of this new paradigm the article established seven key points. Among these points include the pursuit of margin size and volume rate, and the p ursuit of low cost and high value. The fundamental recognition is that these concerns involve different levels of strategic concerns than the traditional environment had posited. After these theoretical considerations the article examines a case study with a Chinese business. The case study functions to demonstrate the importance of developing a holistic business strategy. Additionally the case study indicates the importance of developed countries establishing effective strategies in its business model when dealing with developing countries. In this way the concept of strategic alliance emerges as a prominent strategic approach. This text relates to the key concepts in the course in a variety of ways. From an overarching perspective it considers the very
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