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1. The Internet may not make corporations obsolete, but the corporations will have to change their business models. Do you agree? Why or why not?
2. Should all companies use Facebook and Twitter for customer service and advertising? Why or why not? What kinds of companies are best suited to use these platforms?
1. An entire different scenario will be created with the introduction of internet in business model. Since organisations are transforming to digital age for remaining competitive therefore, they have to adopt an innovative model of business. A tremendous change is been introduced by internet and these changes are taking place at a faster rate within the organisation.
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There are two branches of economics, microeconomics, and the other one is macroeconomics. Other branches include:
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