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Dja/604 Final Exam

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Tarlac State University College of Business and Accountancy DBA Department. Final Examination DBA 604 – E-Business. 1. What is the difference between a. and a. Globalization and internationalization are critical components of modern business growth. What do you believe is E-Business’s key benefit to businesses seeking to expand internationally or globally? Answer: As an ABM Teacher, and a bakery owner, some of the E-Business’s key benefits for international expansion that I can think of are global reach, cost efficiency, 24/7 accessibility, customization, data-driven insights, agility and adaptability, and competitive edge. Global Reach: E-business transcends geographical boundaries, allowing companies to reach customers worldwide. Whether …show more content…

Cost Efficiency: E-business reduces overhead costs associated with physical stores, such as rent, utilities, and staffing. As a bakery owner, imagine the savings from selling my delectable treats online without the need for a brick-and-mortar shop. If ever I would pay for taxes or the like it would be cheaper. 24/7 Accessibility: My bakery’s website or online store operates round the clock. Customers can place orders, inquire about my famous, egg pie, buko pie, and cinnamon rolls, or seek business consulting advice at any time. Customization: E-business allows tailoring products or services to individual preferences. For instance, my consultancy can offer personalized business strategies to clients across diverse industries. Data-Driven Insights: Digital platforms provide valuable data on customer behavior, preferences, and trends. As a DBA student, I appreciate the power of data …show more content…

As a high school teacher, consider how educational webinars or online tutoring can benefit students beyond the classroom. Cost-Effective: Compared to print ads or billboards, digital marketing (e.g., social media campaigns, and email newsletters) is budget-friendly. Measurable Results: Analytics tools track engagement, conversion rates, and ROI. For my bakery, measuring the impact of a Facebook ad campaign is essential. Targeted Advertising: Digital platforms allow precise targeting based on demographics, interests, and behavior. Imagine promoting my bakery’s gluten-free cupcakes to health-conscious consumers. Brand Building: A consistent online presence reinforces the bakery’s brand identity. Share behind-the-scenes stories or showcase your DBA expertise through blog posts. On the other hand, some of the drawbacks of digital marketing are information overload, privacy concerns, algorithm changes, and competition. Information Overload: The digital landscape is crowded. Standing out requires creativity and strategic content. Privacy Concerns: Balancing personalized ads with user privacy is crucial. As a DBA student, I appreciate the ethical implications. Algorithm Changes: Platforms like Google and Facebook frequently update algorithms, affecting visibility. Adaptability is the key. If you do not know how to adapt, you will be left behind. Competition: Everyone’s vying for attention. My bakery competes not only with

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