1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Leno4ka [110]
2 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]2 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
Even though most corporate bonds in the united states make coupon payments semiannually, bonds issued elsewhere often have annua
scZoUnD [109]

Answer:

Bond Price​=  816.29

Explanation:

Giving the following information:

YTM= 0.075

Coupon= 0.058*1,000= 58

Years to maturity= 23 years

Face value= 1,000

<u>To calculate the price of the bond, we need to use the following formula:</u>

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond Price​= 58*{[1 - (1.075^-23)] / 0.075} + [1,000/(1.075^23)]

Bond Price​= 626.79 + 189.5

Bond Price​=  816.29

4 0
2 years ago
A formal written statement of management's plans for the future, expressed in financial terms, is a a.budget b.gross profit repo
Yanka [14]

Answer:

a.budget

Explanation:

The budget refers to the estimation of the revenues earned and expenses incurred so that the company could able to take the decisions according to that.

It also a formal and written statement that shows the management plans for the upcoming future i.e to be expressed in a numerical term or we can say in financial terms

Hence, the correct option is a. budget

3 0
3 years ago
Biodegradable coconut fiber logs are made of coconut fibers surrounded by netting. Placed along the shoreline of a lake, they he
Lorico [155]

Answer:

These logs are an example of ecosystem and regulation support.

Explanation:

"Regulating services are defined as the benefits obtained from the regulation of ecosystem processes such as climate regulation, natural hazard regulation, water purification and waste management, pollination or pest control."

Reference: Biodiversity Information System for Europe. “Ecosystem Services.” Ecosystem Services - Biodiversity Information System for Europe, 2019

8 0
3 years ago
How can a country achieve higher levels of competition and a variety of products in an industry with only one or two domestic fi
SSSSS [86.1K]

Through promoting intra-industry trade, a country can increase levels of competition and the range of products produced in an industry with only one or two local enterprises producing a good. International trade for goods produced by the same business is known as intra-industry trade.

According to the idea of economies of scale, production costs often decrease as output scale increases. When it makes it possible for one or two large producers to supply the entire country, it becomes particularly important to international trade. A way to maintain consumer choice and competition while combining economies of scale-driven lower average manufacturing costs is through international trade.

#SPJ4

5 0
1 year ago
In many organizations, marketing does not have a place of importance in the organizational hierarchy. Why do you think this happ
WARRIOR [948]

Answer:

The correct answer is a combination of factors and is explained below.

Explanation:

On the one hand, the marketing area inside the companies tend to be left apart or not given much of the attention that they actual need inside the organization and that is<u> due to the fact that the business' owner or even the managers sometimes thinks that there is a major importance in the finances of the enterprise or even in the production and its current quality</u>.

On the other hand, the marketing function inside an organization should be taking care as much as the other functions due to the fact that it has a very huge importance in the selling process of the company and therefore in its number of sales during an amount of time. Moreover, those companies that do not focus so much effort in the marketing will probably have a great product with a good quality but <u>they would not acquire a big number of sales because they would not know how to sell the product and to whom</u>, furthermore they would <u>find themselves selling much less that does companies that have a simple product but a good marketing mix</u>.

5 0
3 years ago
Other questions:
  • The Company uses a periodic inventory system. For specific identification, ending inventory consists of 215 units, where 190 are
    6·1 answer
  • checking account A charges a monthly service fee of $23 and a wire transfer fee of $7.50, while checking account B charges a mon
    12·2 answers
  • The _____ adds up the market prices of final goods and services. product approach expenditure approach income approach
    12·1 answer
  • In many developing countries, poor farmers plow up marginal land in order to survive. The resulting soil erosion and land degrad
    7·1 answer
  • Allen filed his 2019 tax return on May 15th, 2020, and underreported his gross income by 30 percent. Assuming Allen's underrepor
    11·1 answer
  • A city ordered uniforms with an expected cost of $6,000 for policemen. This amount is encumbered.
    14·1 answer
  • Which of the following estimates are required when calculating depreciation expense? 1. Depreciation rate 2. Useful life 3. Expe
    9·1 answer
  • On January 1, 2019, Sanders Corporation purchased equipment having a fair value of $68,301.30 by issuing a non-interest-bearing,
    13·1 answer
  • You have been asked to calculate the internal rate of return for an investment with the following cash flows, using the Excel IR
    14·1 answer
  • A(n) ________ of a nation's currency will cause imports to ________ and exports to ________, all other things held constant. A)
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!