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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.

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Answer:

Inter-rater reliability.

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Answer:

Option b (increasing) is the correct choice.

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The correct answer is True.

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When policymakers set prices by legal decree, they obscure the signals that normally guide the allocation of society's resources
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