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Leno4ka [110]
3 years ago
5

Why does electronic commerce benefit small firms? Without e-commerce, small firms often lack the resources to expand beyond loca

l markets. The government has committed significant resources to encourage small firms to go online. Small firms are often "tech savvy", which allows them to embrace innovations more quickly. Large firms have complex business plans that fail to direct investment toward the Internet.
Business
1 answer:
Juli2301 [7.4K]3 years ago
6 0

Answer:

Without e-commerce, small firms often lack the resources to expand beyond local markets.

Explanation:

In Business, e-commerce can be defined as a business model which involves the buying and selling of goods or products over the internet.

Generally, e-commerce comprises of four (4) business models and these are;

1. Business to Business (B2B).

2. Business to Consumer (B2C).

3. Business to Government (B2G).

4. Consumer to Consumer (C2C).

Without e-commerce, small firms who predominantly lack the resources to expand beyond local markets unlike larger business firm wouldn't be able to grow and develop into penetrating global markets.

You might be interested in
Grover Company has the following data for the production and sale of 1,900 units. Sales price per unit $ 950 per unit Fixed cost
Ad libitum [116K]

Answer:

$415

Explanation:

The computation of the total manufacturing cost per unit is shown below:-

Total manufacturing cost per unit = Direct material + Direct labor + Manufacturing overhead + Fixed manufacturing overhead

= $240 + $100 + $80 + ($370,500 ÷ 1,900)

= $40 + $100 + $80 + $195

= $415

SO, we have applied the above formula.

7 0
3 years ago
Araceli is a team member in a large corporation. She never speaks in team meetings because she has seen members talk behind each
Fynjy0 [20]

Answer:

B) Climate of trust

Explanation:

The problem seems to be Climate of trust. This fundamental factor allows teams to perform better than the sum of the performance of each of its members. Through an environment of trust, each member is supported and coached by other team members making individual improvements and increasing synergies within the team. A climate of trust is not exempt from criticism, but this criticism is understood as a helping tool rather than an instrument of personal harm. Finally, a climate of trust allows that errors and mistakes become a useful source of learning.

5 0
3 years ago
Martha worked for a marketing company with a casual atmosphere and informal culture. The company declared bankruptcy. Martha can
Elis [28]

Answer: Practical intelligence

Explanation: In simple words, practical intelligence refers to the ability of an individual to shape and fit itself according to the demands of the environment.

In the given case, Martha worked with a company  that had a casual and open atmosphere. But after joining employment in a bank she herself understood that different attitude will be needed there to work. She herself adjusted her personality and dressing  as per the demand of the environment.

Hence from the above we can conclude that she is exhibiting practical intelligence.

7 0
4 years ago
Karen has been a buyer for Ocean Mist, a large cranberry processor, for several years. Believing that she knows a great deal abo
Ganezh [65]

Answer:

The answer is letter C, Broker.

Explanation:

In order to know whether Karen's company is a broker. It would be best to define what "Broker" is.

In business, <em>"broker" is defined as a person or a company who acts as a mediator between a buyer and a seller. As an agent, the broker gets commission in every business transaction. He can also represents himself as the buyer or the seller. At this point, he also gets a certain commission. </em>In the situation above, Karen arranges the transaction between the growers and processors of cranberries. At this point, she is acting as a seller and a buyer. She does this on behalf of the other firms. Thus, the answer is letter C, Broker.

<u>Additional Information</u>

Sales Agent- a self-employed salesperson who usually works alone. He obtains orders for companies and receives commission on those orders.

Commission Merchant- a person who buys and sells products. He receives commission for the sales price.

Sales Branch- an independent business which purchases merchandise in bulk from manufacturers. He then processes it and redistributes it to retailers.

Sales Office- this is a location that is used for the purpose of selling. It is often leased.

6 0
3 years ago
how can the size of the industrial/service sector and the agriculture employment rate indicate the level of industrialization?​
andriy [413]

Answer:

A larger industrial and service sector, and a larger number of people working outside of agriculture, can indicate a higher level of industrialization in the economy and vice versa. This means that the size of industrial service and the sector of agriculture employment rate indicates the level of industrialization because if the agriculture employment is higher than the industrial service it means that the country is not fully developed yet and therefore the level of industrialization is lower. But if the industrial service is higher than the agriculture employment that suggests or indicates that the country is developing or developed. For example in the United States the size of the industrial/service sector is much larger than it's agricultural employment and therefore this should suggest that country is much more industrialized or developed and the United States is. In comparison you take a developing country such as Chad and you can see that the agricultural employment is higher than the size of the industrial/service sector and in relation to this you can see that Chad must have a lower level of industrialization and in fact it does.

Explanation:

4 0
3 years ago
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