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Supply Chain Evolution to the Web

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Explain how the supply chain was modified from "brick and mortar" by the Web site (Bank of America).

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404 words describe this transition for the Bank of America.

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The term "brick and mortar" is used in business to describe a PHYSICAL organization (i.e. made of brick and mortar) as opposed to ONLINE/VIRTUAL locations, which do not exist for physical business. Dictionary.com defines the term as pertaining to conventional stores, businesses, and so on that have physical buildings and facilities, as opposed to Internet or remote services. A traditional "street-side" business that deals with its customers face to face in an office or store that the business owns or rents. Web-based businesses usually have lower costs and greater flexibility than brick-and-mortar operations (Dictionary.com, n.d.). Investopedia Commentary: The local ...

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