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Aggressive Implementation of Digitization in the Modern Business

Ekonomika, Journal for Economic Theory and Practice and Social Issues, 2014-01, Vol.60 (4), p.227-239 [Peer Reviewed Journal]

ISSN: 2334-9190 ;DOI: 10.22004/ag.econ.290138

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  • Title:
    Aggressive Implementation of Digitization in the Modern Business
  • Author: Gijic, Nebojsa ; Dimitrijevic, Oliver ; Jovic, Adriana
  • Subjects: business ; customers ; digitization ; Institutional and Behavioral Economics ; management ; Marketing
  • Is Part Of: Ekonomika, Journal for Economic Theory and Practice and Social Issues, 2014-01, Vol.60 (4), p.227-239
  • Description: The global economic crisis business environment pressures companies to streamline their operations and thus forcing them to significantly speed up the process of digitizing, creating a kind of digital markets. It becomes clear that those who recognize the moment and who are willing to think a modern and unconventional, in terms of innovation, customer and business partners engagement, corporative organization, strategies, business models and the role of technology in their business enterprise, will be those who will be well-positioned in this new market, which will enable them to significant revenue growth. On the other hand, there is a significant business risk of fatal business loss in case of inaction, slowness, neglect and lack of understanding of this very important process in the business.
  • Language: Hungarian
  • Identifier: ISSN: 2334-9190
    DOI: 10.22004/ag.econ.290138
  • Source: AgEcon (Open Access)
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