Comparing Brick-and-Mortar and Online Business Models
Comparison Between Brick-and-Mortar Model and Online Business Model:
Basis of Comparison | Brick-and-Mortar Model | Online Business Model (E-Business) |
Meaning | Traditional business with a physical store where customers visit to buy goods/services. | Business conducted over the internet through websites or apps without a physical store. |
Presence | Physical presence (shops, offices, showrooms). | Virtual presence (website, e-commerce platform). |
Customer Interaction | Face-to-face interaction with customers. | Interaction through |
Understanding Reaction Time and Information Processing
Information Processing & Reaction Time Revision Sheet
1. Core Concept
The human brain processes information like a computer, in a series of stages from receiving a stimulus to producing a response. The speed of this processing can be measured by Reaction Time (RT).
2. The Information-Processing Model
A three-stage model explaining how sensory input is transformed into motor output.
Input: Information from the environment received via the senses.
Stimulus Identification Stage: Deciding if a stimulus
Key Practices for Agile, SAP S/4HANA, and E-commerce Success
Agile Project Management
- Iterative Development
- Regular Sprint Reviews
- Continuous Integration
Business Process Management
Business Process Optimization
- Predefined KPIs with process content
- Root cause analysis
- Automated problem resolution
Core Disciplines
- Business Process
- Project Management
- Testing
CRM System Optimization
- Improve the clarity and detail of user stories
- Allocate additional time for testing external system integrations
- Engage with stakeholders to clarify requirements
E-commerce Development Practices
These
Read MoreSports Science Fundamentals: Physiology, Testing, and Recovery
Energy Systems, Fitness Components, and Performance Testing
ATP and Energy Systems
ATP (Adenosine Triphosphate) – Molecule that provides energy for muscle contractions. Limited storage.
Aerobic – With oxygen.
Anaerobic – Without oxygen.
Three Main Energy Systems
ATP–PCr System (Anaerobic)
Duration: ~5 seconds or less.
Very high intensity.
Uses stored creatine phosphate (CP).
Recharges ATP without oxygen.
Glycolysis System (Anaerobic)
Duration: 30 seconds–3 minutes.
High intensity.
2 ATP from glucose,
The Convergence of Blockchain, AI, and NFTs in Future Finance
NFTs and the Metaverse Economy
NFTs (Non-Fungible Tokens) are unique digital assets verified on a blockchain, which ensures authenticity, ownership, and digital rights. These tokens are one-of-a-kind and cannot be replicated (e.g., digital art or collectibles).
In the Metaverse, NFTs are crucial because they allow users to own and trade virtual items like avatars, clothing, land, or art. This process gives these digital items real value and identity. NFTs connect directly to digital rights, forming
Read MoreCloud Computing Explained: Concepts, Benefits, and Top Providers
Cloud computing is not just a technological buzzword; it’s a fundamental shift in how we access and utilize computing resources. Let’s break down the concept and then delve into its immense necessity in today’s world.
Concept of Cloud Computing
At its core, cloud computing is the on-demand delivery of IT resources and applications over the internet with pay-as-you-go pricing. Instead of owning, maintaining, and operating your own computing infrastructure (like servers, storage, databases, networking
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