Solved: What changes do you foresee in business strategy as technology evolves in such a manner

What changes do you foresee in business strategy as technology evolves in such a manner that it becomes both a part of corporate culture and consumer life

Expert Answer

Business strategy gives the clear vision about the business and the goals should be achieved.Now a days tecghnology becomes as the part of life and all the works related to our life is revolving around the technology.Most of our business from a mobile device,we can do work at any place regarding the action of work etc.Social media is also playing an important role it had made the marketing more targeted and effective.All the data related to the businesss will be tracted from the different sources using facebook,google etc.Cloud data storage also been becoming more increasingly important.All the copanies are staretd there own apps related to the business and total information can be available in it. In corporate culture and the consumer life technology plays an important role because in both purchasing of the products and selling are evolved in online markets by using the technology.Smart devices offer the consumers convenience and peace of mind.By the technology business money can be stored because online stores are available.In corporate culture for the improvement in their proficiency technology can be used.So,that in every part technology plays the key role for the improvement.

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