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Explain Online and Traditional Business
INTRO-
The internet has created new ways to do business for organizations with much less capital planning as opposed to the high capital needs of traditional brick and mortar organizations. Based on this, how should management and leadership be addressed for each type of business?
With this being said, I need help in researching successful traditional and online retailers and completing the questions below with at least 800 words.
-Define the organizational structure of one traditional and one online retailer.
-Identify two management or leadership challenges for each type of retailer.
-Are the challenges basically the same or different? In what ways are they the same or how are they different?
-If you were advising a successful leader in a traditional retailer who was interested in making the transition to working as an online retail organization, what advice would you give?
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