some of the issues to provide a business with a competitive advantage in internet

Question No. 3
What are some of the issues to consider in determining whether the internet would provide your business with a competitive advantage ?

Answer :
Before we're going to the case, Consider first the fact that the internet is expanding at a rate greater than any other industry in history has ever experienced and the question answers itself...opportunity abounds 

Some of the issues are relevancy, cost, and information. A cost is the value of money that has been used up to produce something, and hence is not available for use anymore. In business, the cost may be one of acquisition, in which case the amount of money expended to acquire it is counted as cost. Relevancy is the concept of one topic being connected to another topic in a way that makes it useful to consider the first topic when considering the second. Information is a data that has been processed in such a way as to be meaningful to the person who receives it. Note the two words highlighted in red - "processed" and "meaningful". We can say that to provide a good business in a competitive market, we need a minimum cost with a perfect information, good service, and the information to provide the business is relevant one and another. with that case, internet surely will provide your business with a competitive advantage, because competitive advantage is valued by the goods and services and also information to provide.

So, to get a competitive advantage, it depends on the market and niche that you decide to enter. And also the appearance of the website, it's keywords and it's back links determine it's placement in google. 








some of the issues to provide a business with a competitive advantage in internet some of the issues to provide a business with a competitive advantage in internet Reviewed by Intan Destia Helmi on October 19, 2016 Rating: 5

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