Study notes for commerce. Consumer choice Comparison shopping * Impulse buying means buying something without giving much thought to whether you really need it. * A retailer is a person or business that sells directly to the consumer * Comparison shopping is shopping around to find the best deal * If there is a lot of difference in the prices‚ the cheapest product may not always be the best because it may be not last as long as the expensive product Retail stores *
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E-commerce advantages and disadvantages E-commerce provides many new ways for businesses and consumers to communicate and conduct business. There are a number of advantages and disadvantages of conducting business in this manner. E-commerce advantages Some advantages that can be achieved from e-commerce include: • Being able to conduct business 24 x 7 x 365 . E-commerce systems can operate all day every day. Your physical storefront does not need to be open in order for customers and suppliers
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supremacy. The self-absorbed citizenry looked upon their intrusion into foreign areas as a moral obligation; to spread the words of democracy and Christ throughout the world. The Spanish-American War in the final years of the 19th century perfectly demonstrated this "new" imperialism. In addition the American intrusion into Chinese affairs during the Boxer rebellion was also proof for the new motives which governed the international attitude. By the end of the 19th century Spanish forces in Cuba were
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had about thirty years ago. No doubt globalisation started ever since human being existed on this planet‚ but it is observed that in this era geographical boundaries has a very little part to play‚ when it comes to trade‚ culture‚ travelling and communication. Effects of this integration of different economies will have its outcomes and many of them can be seen already. In most countries however due to Globalization one can see the growing concern regarding employment and income distribution (Lee &
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measures such as anti-dumping duties etc which have the effect of restricting trade between nations. Some of these measures could be justified under the provisions or the exceptions provided under the various multilateral agreements governing international trade. On the other hand‚ certain non tariff measures which cannot be justified under any of these legal provisions are normally termed as non tariff barriers (NTBs). With the lowering of tariffs across the globe‚ NTMs have come into prominence
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WHAT IS ELECTRONIC COMMERCE? The advance and growth in IT & internet have enabled revolutionary vast changes in the way businesses and people trade. Trading in its simplest definition is all about communication. The spread of computers worldwide and the usage of information technology have played a major role in facilitating and enhancing the communication between traders therefore gave the ignition for E-commerce to come to light. Electronic commerce (e-commerce) has many definitions found
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International Trade Project 1. Describe the benefits and disadvantages of specialisation at regional and national levels. Economics is about the production‚ distribution and consumption of goods. A key decision facing workers‚ firms and nations is what goods to produce. The economic concept of specialisation helps answer this question. Under specialisation‚ economic actors concentrate their skills on tasks at which they are the most skilled. For the same reasons entire countries have specialized
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revamped the Cold War foreign policy with his “policy of boldness”‚ which entailed building arms for “massive retaliation”. Woefully‚ Eisenhower’s policy would not have much impact during the Hungarian Uprising or the Battle of Dien Bien Phu. Regardless‚ Eisenhower’s domestic policy was a little more successful as he executed the Interstate Highway Act‚ which connected the country‚ grew suburbia‚ and made road trips a great pastime. After Eisenhower‚ domestic and foreign policy successes and failures
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AGRICULTRAL POLICY IN THE LIGHT OF AGRICULTURE FOR PRO-POOR GROWTH: INTRODUCTION The assignment would attempt to define ’Pro Poor Growth’‚ analyse the role of agriculture in addressing the problem of poverty with more emphasis on the current agricultural policy in Nigeria. It would be ascertain whether those policies saw the light of the day and some remedies will be suggested as a way forward. PR-POOR GROWTH: In some literature‚ growth is termed Pro Poor when incomes of the poor grow at a higher
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Chapter 1 1.1 Background of the study Since the launch of Internet the large planet has become a smaller one. It has rendered enormous impacts on business sectors. Remarkable development in ICT (Information and Communication Technology) has introduced a global revolution in banking sectors. The global trend in business arena set some challenges that cannot be fulfilled with the help of the traditional banking system. The survey of current banking system in Bangladesh reveals the fact that it
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