Which of the following features of internet-based business have an impact on the models adopted by businesses?
A) speed and convenience
B) customization
C) media flexibility
D) redefinition of product value
E) all of the above

Question

Quizplus · Accepted Answer

All of the features listed (speed and convenience, customization, media flexibility, and redefinition of product value) have an impact on the models adopted by businesses in the internet-based economy. The speed and convenience of online transactions and communications allow for faster and more efficient business processes. Customization options for products and services allow businesses to cater to individual customer needs and preferences. The flexibility of media channels, such as social media and mobile devices, creates new opportunities for marketing and customer engagement. The redefinition of product value, such as the shift towards digital media and subscription-based services, creates new business models and revenue streams.

Which of the Following Features of Internet-Based Business Have an Impact