DIGITALIZATION AND ITS IMPACT ON BUSINESS PROCESSES

Emanuel Galyarski () and Nadia Mironova ()
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Emanuel Galyarski: Department of Management, University of National and World Economy
Nadia Mironova: Department of Management, University of National and World Economy

Economics and Management, 2021, vol. 18, issue 1, 81-89

Abstract: Digitalization affects all activities in the companies, changes the business models, the way of production and the used channels for marketing and offering the products to the clients, the activity of the employees. The digital transformation requires companies to change their traditional business strategies to meet changes in market demand and remain competitive in large markets. However, there are still not enough studies to state categorically that all companies need to digitize their processes and change their business models.

Keywords: Digitalization; innovation; benefit; business processes and models (search for similar items in EconPapers)
JEL-codes: M10 M15 M16 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:neo:journl:v:18:y:2021:i:1:p:81-89

DOI: 10.37708/em.swu.v18i1.6

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