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olganol [36]
3 years ago
8

What are the most important reasons why eCommerce has seen explosive growth in recent years? In your opinion, will this growth i

n eCommerce continue? Why or why not? Perform a BRIEF SWOT analysis of eCommerce to support your opinions
Business
1 answer:
crimeas [40]3 years ago
5 0

Answer:

Consider the following explanation

Explanation:

In E-commerce or Electronic commerce we can buy goods and services over internet network is connected with it . In recent years this E-commerce has increased huge amount of money over internet and also it's popularity has also spread in the world.

Reason behind explosive growth:

1. People can buy products through internet from anywhere anytime.

2. Through internet we do not need to go the place to parches something we easily get that by home.

3. Because internet connected with this time is very less that also is very important.

4. There are limited stocks for different products by that we can ensure whether to buy it or not.

5. Vendor-specific solution is not needed.

6. Previously we can only buy things from an area but with it we can buy something from the world store.

7. And here price is also reasonable.

8. Because of net banking or money transfer through internet we do not need go the shop.

My opinion is yes, I think we should continue this because this is time consuming and also very helpful. And very honestly it is very easiest way to buy products.

SWOT analysis:

SWOT analysis stands for Strength Weakness Opportunity and Threat.

Objective of a swot analysis to build up your strength and to reduce or minimize your weakness. Every people has their own problem with SWOT. Not everyone is perfect in the world they have to overcome it. By this advantage of opportunities can be taken by you very quickly actually it learns how to take opportunities that try to relieve the threads.

In an industry E-commerce is changes very fast. SWOT can take very good deal with time. While you can do it by yourself, it is often better that you will not listen to anyone . There are some outside consultant who wants to give you more objective perspective.

Your customer will be your source of information that how much you are doing well, what you need to improve etc.

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Suppose that Dillon derives 40 utils of total utility from eating 5 hotdogs and 42 utils of total utility from eating 6 hotdogs.
gavmur [86]

Answer: The marginal utility is 2

Explanation:

Utility is the satisfaction derived from the consumption of a particular commodity. Total utility is the total satisfaction derived from the consumption of a particular commodity. Marginal utility is the extra satisfaction that a consumer gets from consuming a product. Utility is measured in utils.

Marginal utility increases with an extra consumption of a good at first but later it begins to reduce as the extra good consumed doesn't really have give the consumer enough satisfaction anymore.

Regarding the question, eating 5 hotdogs gives 40 utils and eating 6 hotdogs gives 42 utils.

The marginal utility is the extra utils which will be 42-40 which gives 2 utils.

3 0
3 years ago
The most frequent reason that some corporations send their manufacturing operations outside of the united states is to find high
marishachu [46]

To find highly skilled workers who are specialized

5 0
3 years ago
What is the effect of a 10 percent price increase on quantity demanded if elasticity is infinite?
Julli [10]

Answer:

Demand drops to zero

Explanation:

Infinite elasticity of demand is also called perfect elasticity of demand.

In this scenario the demand for a product is attached to it's price.

There is an infinite change in the quantity demanded as a result of change in price.

Graphically it is a horizontal demand curve as represented in the attached

Even a small increase in price will cause demand to fall to zero.

Examples are luxury goods such as high end cars and expensive jewelry.

4 0
3 years ago
Which of the following is an example of a Specialty store? a. Big Lots c. Macy’s b. Wal-Mart d. PetSmart
erik [133]

Answer:

<u>PetSmart</u> is an example of a speciality store.

Explanation:

It sells stuff only related to pets, unlike the other stores mentioned.

7 0
2 years ago
Which of the following is an individual characteristic of employees that improves individual mechanisms such as stress and motiv
otez555 [7]

Answer: C) Personality

Explanation:

Personality is an individuals quality that helps them succeed in life. If you improve your personality you can control stress and increase your motivation.

7 0
3 years ago
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