Connect with LearnSmart Access Card for Business Driven Technology
Connect with LearnSmart Access Card for Business Driven Technology
7th Edition
ISBN: 9781259852183
Author: Paige Baltzan, Amy Phillips
Publisher: McGraw-Hill Education
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Chapter 7, Problem 1MBD

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Gathering Business Intelligence:

  • Nowadays the best business idea that one can create online is starting a shopping website.
  • The same business is already run by some powerful shopping web portals like flipkart, Myntra, snapdeal, Quickr and Homeshop 18. The above mentioned shopping websites are well known for offering a myriad range of products from cosmetic to apparels and accessories and to footwear.
  • All the products are available under the same roof.

Websites that have a unique approach in offering goods and services:

  • Amazon is one of the websites that has separate retail websites for different countries like United Kingdom, France and Canada. This website offers international shipping to various countries and this feature is not offered in Indian shopping websites.
  • Moreover, Singapore websites have a different set of goods and services that are offered by them online. One of the well-known online stores is Redmart that is known for catering services specifically to the busy people...

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Explain how the business understudy manages innovation. 3. Describe  (3) obstacles of starting a company.
Make it clear how innovation management is applied by the business understudy. There are three (3) considerations to make while launching a business.
Artificial intelligence isn’t just available to create a more customized experience for your customers. It can also transform the way your company operates from the inside. AI bots can be used as personal assistants to help manage your emails, maintain your calendar and even provide recommendations for streamlining processes. You can also program these AI assistants to answer questions for customers who call or chat online. These are all small tasks that make a huge difference by providing you extra time to focus on implementing strategies to grow the business.” Analyse ANY FIVE (5) functional areas of management (departments) in the organisation you are employed at or an organisation of your choice and evaluate the managerial success or challenges that could arise if you implement AI in each department analysed.
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