Tuesday, July 11, 2017

Extra-Credit on Disintermediation and Convergence

When we were discussing disintermediation in class it means to remove the middle man or third party from the business. I was able to find an article that discusses the growth of shares over time in many companies like google and amazon has grown tremendously, "the companies driving technological change today have the very best revenue growth and the very best earnings growth. Wall Street investors will pay almost any price for growth"(Forbes). It seems a good time to buy shares from these companies because further down the line technology will only get much more advanced. https://www.forbes.com/sites/randywarren/2017/06/05/nasdaq-10000-disruption-disintermediation-innovation-technology/#3f0b5a2a1455 Another word we were discussing in class was E-commerce which is a transaction conducted in the internet. I found an article, "5 Ways Technology is Changing E-Commerce" by AJ Agrawal. It is amazing how E-commerce has grown just like online shopping has increased a lot where people can shop from home to avoid busy stores, traffic, and wasting time. Not to mention the applications one can download on one's phone to be updated with all transactions that are being processed right now like banking apps. I know when I'm scrolling through my Facebook feed one thing is for sure are the consumer ads I see right away after looking a certain website to convince my brain to buy something quick. E-commerce is in our everyday lives and it is crucial to learn how to sustain from too much shopping to save money in the long run. Even though E-commerce is growing small businesses also have the chance to grow and expand their business in various ways as well. https://www.entrepreneur.com/article/288149

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