Growth of Online Businesses

• How can the growth of online businesses impact a businesses strategic decision-making?

  • Need for digital marketing
  • Multichannel distribution
• How does the growth of online businesses impact HR decision-making?

  • Remote work
  • Virtual recruitment
  • Digital training
  • Demand for employees skilled in technology
• How can the growth of online businesses be an opportunity for a business?

  • Reach a larger market
  • Lower fixed costs
• How can the growth of online businesses be a threat for a business?

  • Increased competition
  • Pressure to keep technology up-to-date