(Solved):Describe the ways in which e-commerce is able to augment the traditional role of the firm.

 

Question

Describe the ways in which e-commerce is able to augment the traditional role of the firm.

 

EXPERT ANSWER

E-commerce has transformed the way of doing business in recent years leading to the following set of advantages over the traditional methods. Below are the ways e-commerce can augment the traditional role of the firm;

  1. Going global. With the introduction of e-commerce, the firm can expand globally leading to a bigger market. For example, Where
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