Question

Impact of internet and e-commerce on strategic management

Answer 1

Answer:

internet is world wide web

it is used in

schools

hospital

banks

entertainment

Answer 2

Strategic management is a type of management which is conducted by the higher authorities of a company in order to fulfill the large initiatives of that company both in present and future prospects.

Now,the internet and e-commerce brought a revolution in the economic world which is also impactful for the strategic management.

Because,

1) The internet based services are easy to monitor as compared with the manual monitoring over different aspects of that company's ecosystem.

2) The customer base or the client base is now becoming larger in the online platforms which is leading towards a very prudent strategic management.

And many more.