What does the term "digital disruption" mean in business landscapes? 🔊
The term "digital disruption" refers to the transformation that occurs when new technologies alter established business models and market dynamics. This process often results in innovative products and services that can displace traditional offerings. Digital disruption can enhance efficiency, improve customer experiences, and create new markets. Companies must adapt to these changes to remain competitive, leveraging technology to innovate and respond to shifting consumer demands.
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