Sunday, February 14, 2016

Week 6 Reading Reflection

Week 6 Reading Reflection

1) The part that stood out to me was the importance and reasoning behind strategy.  Strategy is key in keeping a company both competitive and developing.
2) There really wasn't anything that was confusing for me.  If one thing I would say I had to reread some sentences a few times over because of how they worded it.
3) Do web based businesses cause more pressure on those with a physical location?  What do you believe is the most impactful force out of the five?
4) I believe that he is missing a few factors in his model.  Today social media/advertisement and web security can have a major impact on a business.  For instance the affair website Ashley Madison (which I find disgusting), a million dollar company, was ruined by hackers and social media.

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