businesses use of digital information
Hello
I have gone through your post, and I would like to add a few points. Many businesses are using digital information to transform themselves (Berman, 2012). One of the significant transformations that we have seen in the current century involves the provision of services and goods. In previous years, many people focused on selling products to customers, but things have changed. Different companies offering subscription services have emerged, and they have made a more significant impact on the market.
Many of these companies are allowing customers to subscribe to cars and other types of vehicles. The subscription is accompanied by some cost, which will be calculated depending on the policy of the company. The majority of these companies calculate the cost depending on the time of usage, mostly monthly basis. When subscribing to a car, one should be ready, and he or she should have a monetary income. The income will help cater for the cost to avoid some future complications. One should also be ready to deal with the maintenance in case of any damage or accident. The insurance cover will be useful in these scenarios.
References
Berman, S. (2012). Digital transformation: opportunities to create new business models. Strategy & Leadership, 40(2), 16-24. doi: 10.1108/10878571211209314