What is the definition of services?4 answersServices can be defined as components or actions that provide a benefit or fulfill a need for customers, for which they are willing to pay. Unlike products, services cannot be touched or owned. Services can include a wide range of activities such as consultancy, lodging, insurance, haircuts, medical check-ups, mail delivery, car repair, or teaching. The value of a service depends on the execution of relevant service activities and the resulting benefit for the entity. Another definition of services, particularly public services, sees them as the sum of all activities that a public authority undertakes to provide capabilities to individuals, businesses, or other public authorities, in order to meet their needs and give them control over when and how these capabilities are manifested.
What is a digital platform?5 answersA digital platform is an electronic environment that serves as a marketplace for buying and selling goods and services. It allows sellers to display their products and enables buyers to view product information conveniently. Digital platforms have become widely used in small and medium-sized businesses, providing opportunities for entrepreneurs to stimulate innovation and create new products or services. They also offer benefits such as direct access to buyers and end consumers for manufacturers, without intermediaries. Additionally, digital platforms contribute to the development of the economy, income generation, employment, and innovation in various fields, making small and medium-sized enterprises key drivers of economic growth and market competition. The use of digital tools and platforms helps improve the efficiency of small and medium-sized businesses within the framework of Industry 4.0 and digitalization trends.
What is platform?5 answersA platform is a business stage where people and technology share information and create a business ecosystem through network effects. It is a state-of-the-art technology that enables business growth and efficiency. Platforms can be considered organizational innovations that support the mobilization and integration of resources in the generation of new products. They can also facilitate the adoption and acquisition of products by users and consumers. Platforms exist across various verticals and can connect millions of participants in a network. They can make business operations more transparent and efficient through real-time data transfer between participants. Additionally, platforms can involve technology to connect dispersed networks of participants. In summary, a platform is a technology-enabled business stage that fosters collaboration, growth, and efficiency in various industries.
What does mean "digital platforms"?4 answersDigital platforms refer to electronic environments that provide a range of goods and services in a digital format. These platforms act as auxiliary markets where buyers and sellers can engage in transactions. They offer opportunities for entrepreneurs to stimulate innovation and create new products or services. Digital platforms have become increasingly important in the context of Industry 4.0 and globalization, allowing manufacturers to directly assess buyers and consumers without intermediaries. They also enable sellers to display their products in virtual shopping centers, providing consumers with convenient access to product information. Small and medium-sized enterprises (SMEs) play a crucial role in the economy and can benefit from using digital platforms to improve their efficiency and competitiveness. In digital markets, monopolist platforms use data to match sellers with consumers, selling targeted ads and revealing information about consumer values. The concept of digital platforms combines technology and organizational elements to enable and govern social orders through digital interfaces.
What is industry platform?1 answersIndustry platforms are building blocks that serve as a foundation for firms to develop complementary products, technologies, or services. These platforms can be internal or company-specific, where a set of assets is organized for efficient product development and production. They can also be external or industry-wide, acting as a foundation for external innovators to develop their own complementary products, technologies, or services within an innovative business ecosystem. Industry platforms exist in various industries, including high-tech industries like Google, Microsoft, and automotive engines. The emergence and development of industry platforms are influenced by factors such as market disruptions, technological advancements, and strategic management. Understanding the conditions under which industry platforms emerge and the strategies firms should adopt in platform dynamics is an area of ongoing research.
What is hypothes.is platform?4 answersThe hypothes.is platform is not mentioned in any of the provided abstracts.