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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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In 2010, us nominal gdp was estimated to be $14.657 trillion dollars while the real gdp was estimated to be $13.245 trillion. wh
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Answer:

Nominal gross domestic product (GDP) measures the market value of all the new and legal goods and services produced in a country within a year. While real GDP adjusts nominal GDP to inflation. Since inflation is generally positive, real GDP decreases as inflation increases. The higher the inflation rate, the larger the difference between nominal and real GDP. Depending on which year is used as base year (year 0), the difference that existed in 2010 can be either significant or not.

The difference = ($14,657 / $13,245) - 1 = 10.66%, which means that nominal GDP was 10.66% higher than real GDP. If the base year is 2000 or even 2005/6, the difference is very small since the accumulated inflation would only be 10.66% for all these years. But if the base year was 2008 or even 2009, then the inflation rate is high.

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3 years ago
Business managers are often overly confident of their own hiring ability because they are more likely to monitor the successes o
olya-2409 [2.1K]

Answer:

Confirmation bias

Explanation:

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For example, imagine that a person holds a belief that left-handed people are more creative than right-handed people. Whenever this person encounters a person that is both left-handed and creative, they place greater importance on this "evidence" that supports what they already believe. This individual might even seek "proof" that further backs up this belief while discounting examples that don't support the idea.

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price fixing

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Answer: OPTION E

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It is the future determining factor of a business. In nowadays the business is operating at a very high level with different functional area. These areas have different activities to perform and are useful in different ways by the organisation.

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