Impact Of Globalization And Advanced Technologies On Online Business Models Alex Hou Hong Ng by Alex Hou Hong Ng, Mustafa Nourallah 9781799876038, 1799876039 instant download after payment.

The immense influence of globalization and technology are transforming day to day business operations to virtual transactions at an astounding rate. Online business has been growing progressively and has become one of the major transaction platform in the past two decades. Internet bulldozed the development of new business models and innovations that substantially change the way we run businesses today. Hence, businesses and customers are connected via the Internet and bargain hunting directly in the global marketplace.
This leads to the growing penetration of advanced technologies implemented in online businesses such as the Internet of Things, machine learning, blockchain, and robotic technology. It significantly influences the online business operation, financing options, shopping process, and consumer behavior.
With higher Internet connectivity and exponential growth of mobile devices, people have collaborated socially as well as commercially. Consumers can gain useful information such as product information and even retailers’ competitor information in the myriad of online channels. Hence, it is a small wonder that companies are investing resources in new technologies and business practices intending to align with the effect of globalization. The main contents of this book include the critique of the current issues and concepts in the online business environment. This consideration is critical since businesses, governments, and societies are connected on a global scale.