Question

Identify two types of business opportunities companies could use to gain a competitive advantage using wireless electricity? (paragraph)

Answer 1

Some of the major business opportunities that can be used by companies because of the valuable wireless electricity are:
•   Many electronic devices are there which have batteries and those devices can be made to run on wireless electricity. It is an untapped area which the organisation should utilise and can replace the need of batteries to gain a major competitive advantage.
•   Also, many organisations and food joints have started this that wireless phone charging is available at the dinner table, I.e. guests can now make use of the charging facility that used to be a problem earlier. Restaurants are gaining that competitive advantage because of this wireless electricity facility.