"The rapid growth and change that has occurred in the first two decades of e-commerce represents just the beginning of the e-commerce revolution. Technology continues to evolve at exponential rates. This underlying ferment presents entrepreneurs with new opportunities to create new business models and businesses in traditional industries and in the process. disrupt, and in some instances, destroy existing business models and firms" [1].

Task 2- Summarize the following paragraph :

"Strategic analysis helps us comprehend the competitive situation of the firm. Financial analysis helps us understand how in fact the firm is performing. There are two parts to a financial analysis: the statement of operations and the balance sheet. The statement of operations tells us how much money (or loss) the firm is achieving based on current sales and costs. The balance sheet tells us how many assets the firm has to support its current and future operations" [1].

Answer rating: 100% (QA)

Solution Task1 The quick development and alter that has happened ... View the full answer