ZuoTi.Pro
Question

No matter how a company measures the benefits provided by an online business implementation, it usually...

No matter how a company measures the benefits provided by an online business implementation, it usually tries to measure those benefits in monetary units. Briefly explain why this is a good practice.

engineering   Computer-Science   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

When an on line business is implemented, we need to plan the following:

Right digital technology

Digital Marketing Plan

Budgeting and Costing

Sales Forecast

Marketing Strategy

Communication skills

Pricing Strategy

Value Proposition

All these components involve money to work on. When we do the business, it should be useful and also there should be monetary benefits.

That is the reason we measure the benefits in monetary units.

0 0
Add a comment
Know the answer?
Add Answer to:
No matter how a company measures the benefits provided by an online business implementation, it usually...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • Hammaker Manufacturing II (Business Process Reengineering or Outsource) Implementation of a new A...

    Hammaker Manufacturing II (Business Process Reengineering or Outsource) Implementation of a new AIS went smoothly, for the most part. It is 15 years later, and now HMC is interested in mapping a variety of their business processes to determine whether improvements can be made and whether business process reengineering should be considered. Hammaker asked Denise to work with the consulting firm analysts to determine the feasibility of these two options and also to consider the possibility of outsourcing. Denise does...

  • Personal Business Plan

    Personal Business PlanThe point of this question is writing a personal business planPlease you can choose any type of business you want.(Example: opening a Grocery)"write" Personal Business Plan and highlight how entrepreneurship and innovation could play a role in their personal and career pathsCover all following kind of information1. Name of the company or Business• Select the right name which demonstrate your business activities• The Name which is available• The name is easy to save in memory• Not be in...

  • 5. How is materiality (or immateriality) related to the proper presentation of financial statements? What factors...

    5. How is materiality (or immateriality) related to the proper presentation of financial statements? What factors and measures should be considered in assessing the material- ity of a misstatement in the presentation of a financial statement? 6. What are the enhancing qualities of the qualitative charac- teristics? What is the role of enhancing qualities in the conceptual framework? 7. According to the FASB conceptual framework, the objec- tive of financial reporting for business enterprises is based on the needs of...

  • Business evaluation #2 -Requirements Recall a recent experience with a local company where the service was...

    Business evaluation #2 -Requirements Recall a recent experience with a local company where the service was exceptional. You will be writing the company a business evaluation letter that outlines your experience and why you felt the service was great.In order to provide an effective and professionally written business evaluation, you must ensure you provide sufficient detail throughout the letter and also remain professional and polite. The following should be included in your business evaluation letter:Provide details surrounding your experience and...

  • Coupling and Cohesion One of the measures of good system design is how costly, difficult, or...

    Coupling and Cohesion One of the measures of good system design is how costly, difficult, or intrusive it is to make changes to that system. Consider the problem of a business owner who has decided to use neon for his store-front signage. Neon signs, in which data (information) presentation is bound together with the sign itself, may have to be completely rebuilt to make even a relatively simple change. As a result, any update to that signage is going to...

  • HRPR301-Assign... Q Owny 23:00 5 € HRPR301-COMPENSATION AND BENEFITS INTERSESSION 2020 WRITING ASSIGNMENT 3 First Class...

    HRPR301-Assign... Q Owny 23:00 5 € HRPR301-COMPENSATION AND BENEFITS INTERSESSION 2020 WRITING ASSIGNMENT 3 First Class Books (FC) Arst opened its doors in 1996 and has had a long and successful History Selling books to the local market. The company was started by Michelle Book (working with a few part time employees and has progressed through the years to now include locations with a total that Michele those employees will be retiring soon or reducing the hours, and she wants...

  • In many healthcare organizations, an interactive tool is usually incorporated to provide information that is captured el...

    In many healthcare organizations, an interactive tool is usually incorporated to provide information that is captured electronically. These dashboards provide real-time data that help clinical and non-clinical managers to make informed decisions about patient care. Prior to beginning this discussion, review the Dashboards for Your Board: Communicating Data Effectively and Efficiently, Two Keys to Deliver Better Care and Measure: Pod Implementation & Dashboards, Utilizing Big Data to Provide Better Health at Lower Cost, and Intelligent and Actionable Dashboards articles. Additionally,...

  • Assignment Details Select a Fortune 500 international company in the service industry. Using your selected company...

    Assignment Details Select a Fortune 500 international company in the service industry. Using your selected company as the basis for your research, prepare a paper that will: Describe the main line of business of the company. Name four of the countries in which the company operates. Explain in detail the implementation of the 4Ps marketing mix concept by the company. Describe any differences observed in the implementation of this concept, from one country to another. Present your findings as a...

  • Instructions Jasper Company provided the following information for last year: Costs Amount Sales in units 290,000...

    Instructions Jasper Company provided the following information for last year: Costs Amount Sales in units 290,000 Selling price $13 Direct materials $150,000 Direct labor $504,000 Manufacturing overhead $110,000 $437,000 Selling expense Administrative expense $860,000 Last year, beginning and ending inventories of work in process and finished goods equaled zero. Required: 1. Prepare an income statement for Jasper for last year. Calculate the percentage of sales for each line item on the income statement. Round percentages to the nearest tenth of...

  • Mary owns a small toy manufacturing company. One of her employees has noticed that one of...

    Mary owns a small toy manufacturing company. One of her employees has noticed that one of the pieces on the most popular toy the company manufactures can detach from the toy. This detachment could pose a potential choking hazard to young children who play with the toy. No customers have yet reported problems with the toy. Mary wonders if she should report the potential hazard before anyone gets hurt. However, the recall would cost her company money and result in...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT