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Yes, performance is linked to business performance: - Business performance is th

ID: 373952 • Letter: Y

Question

Yes, performance is linked to business performance:

- Business performance is the result of every individual employees performance in an organisation

- When all employees perform well the business performance will be high and vice versa when the individual employees do not perform well the performance will be low

- Strategic goal of the business are split between each employees to achieve the same

Google:

- Google is a best example where performances are linked to business performance

- They are very successful because of their innovative technologies

- 20 percentage of every Google employees time are allocated for innovation

- When left free employees comes up with lots of innovations

- Hence it is a circle where business strategy has been linked to employees performance and thereby increases the business performance

2) Based on your knowledge, what types of products do not fit well in the E-commerce model? Why?

Valuable consumer products which are quite expensive does not fit well under E-Commerce model

For example : Expensive jewelleries

- Customers would need that touch and feel aspect with high expensive products which cannot happen during online shopping

- Also considering the risk like product not meeting the quality, customers would opt for direct shopping

- Unnecessary delivery expenses for the customer and the seller

Explanation / Answer

1) Is performance linked to business performance? Share a specific company example that you feel supports your position.  

2) Based on your knowledge, what types of products do not fit well in the E-commerce model? Why?