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  • Adaptation To Technological Environment

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    Aryan Choudhary
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    Businesses must adapt their business models to technological changes or risk failure. They need to introduce new features to stay ahead, reinvent their products to expand into new areas, and experiment through trial and error to discover new opportunities like PayPal transitioning from cryptography to online payments.

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    ADAPTATION TO TECHNOLOGICAL ENVIRONMENT

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    Businesses must adapt their business models to technological changes or risk failure. They need to introduce new features to stay ahead, reinvent their products to expand into new areas, and experiment through trial and error to discover new opportunities like PayPal transitioning from cryptography to online payments.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    10 views3 pages

    Adaptation To Technological Environment

    Uploaded by

    Aryan Choudhary
    Businesses must adapt their business models to technological changes or risk failure. They need to introduce new features to stay ahead, reinvent their products to expand into new areas, and experiment through trial and error to discover new opportunities like PayPal transitioning from cryptography to online payments.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    ADAPTATION TO TECHNOLOGICAL

    ENVIRONMENT
    A DA PT O R D I E: BUS I NE S S E S NEED TO TRAN SFO RM
    T H E IR BU S I NE S S M O DELS TO SU RVI V E

    1.New Features Is The To Thrive

    Eg. Jbl World’s First TWS Earbuds

    2.Reinvent Your Products

    Amazon : from Books To Everything

    3.Trial and error

     PayPal: from cryptography company to the online payment service

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