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From course:

Managing a Business Strategically

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Question:

Pros of digilization

Author: Pim Bodzinga



Answer:

Lower Search costs (B2B and B2C marketplaces) Trust costs (ratings, communities, trust through platform such as uber) Contracting costs (platforms often have legal factors build in, access to lawyers easier) Coordination costs (improved tools for zero-cost communication, cloud services)


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