- 8 Marks
SCS – MAR 2024 – L3 – Q4a – Strategy implementation
Explain how Prestige could leverage ICT using the four broad stages of e-business development to compete.
Question
Prestige’s Board has shifted from their long-standing reluctance to venture into foreign markets to seriously consider the possibility of expansion overseas. An important implication of this decision is that as the size of the market increases, competition becomes international. The main rivals are no longer local suppliers to a domestic market.
Required:
Using the four broad stages of development to a full e-business model, explain how Prestige could leverage ICT to compete.
Find Related Questions by Tags, levels, etc.
- Tags: Business model, Competitive Advantage, E-Business, ICT
- Level: Level 3
- Topic: Strategy implementation
- Series: MAR 2024
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