Describe the basic components of an online business model. Why is the post-purchase stage of the consumer decision process more critical to the long term success of the firm than the purchase stage that has traditionally been emphasized?

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Online Business Model

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Describe the basic components of an online business model. Why is the post-purchase stage of the consumer decision process more critical to the long term success of the firm than the purchase stage that has traditionally been emphasized? How can a firm assess the quality of a resource system?
CONTENT:
TOPIC: ONLINE BUSINESS MODELName:Course: Instructor`s Name:Date: Online Business Model Throughout the web one of the most fundamental addressed and least understood issue is business models. There are numerous discussions about how traditional business model are transformed through the web. Thus the term business model is usually referred to as the medium of transacting business through which a company is able to maintain itself through generation of revenue. Furthermore, online business model then is the method through which a company generates money through online transactions. This paper is going to source the key component of online business model, the importance of post purchase customer decision process stage is crucial than the purchase stage which is mostly emphasized traditionally and how a firm might assess the resources system quality.Basic Component of Online Business ModelThere generally no common known major key component requ...

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