The document discusses how e-commerce has impacted international trade and employment. It notes that e-commerce has made initiating and conducting trade easier, faster and less expensive, promoting more international trade. While e-commerce has directly and indirectly created new jobs, it has also caused some job losses as business models change. Countries with skilled labor forces are best positioned to benefit from e-commerce export expansion.
Introduction to Socio-cultural Environment; Cultural Environment; Factors affecting Socio-cultural Environment; Cross-cultural marketing; Cultural Analysis; Geert Hofstede's Cultural Dimension of India; Criticism of Hofstede's Five Cultural Dimensions; Cultural Orientation Variables; Business Agreements; Ethical Issues; Strategies for resolving ethical conflict; A Case study on McDonald's.
Introduction to Socio-cultural Environment; Cultural Environment; Factors affecting Socio-cultural Environment; Cross-cultural marketing; Cultural Analysis; Geert Hofstede's Cultural Dimension of India; Criticism of Hofstede's Five Cultural Dimensions; Cultural Orientation Variables; Business Agreements; Ethical Issues; Strategies for resolving ethical conflict; A Case study on McDonald's.
E-Commerce Topics:
» Introduction of E-Commere
» The Advent of E-commerce
» Types of E-commerce
» The Scope of E-commerce
» Supply Chain Application
» What is E-commerce?
» Advantages of E-commerce
» The Business Model
» Developments in Supply Chain Management
» Business-to-business transactions in E-commerce
» Business-to-consumer transaction in E-commerce
» Electronic Data Interchange (EDI)
The series of presentations contains the information about "Management Information System" subject of SEIT for University of Pune.
Subject Teacher: Tushar B Kute (Sandip Institute of Technology and Research Centre, Nashik)
http://www.tusharkute.com
E-Commerce Topics:
» Introduction of E-Commere
» The Advent of E-commerce
» Types of E-commerce
» The Scope of E-commerce
» Supply Chain Application
» What is E-commerce?
» Advantages of E-commerce
» The Business Model
» Developments in Supply Chain Management
» Business-to-business transactions in E-commerce
» Business-to-consumer transaction in E-commerce
» Electronic Data Interchange (EDI)
The series of presentations contains the information about "Management Information System" subject of SEIT for University of Pune.
Subject Teacher: Tushar B Kute (Sandip Institute of Technology and Research Centre, Nashik)
http://www.tusharkute.com
Free eCommerce tutorials and course. What is eCommerce and benefits and advantages. How to use mobile ecommerce to promote and Increasing ecommerce business.
Slides gives basic understanding of e-strategy,e-commerce,e-business. Discuss unique features of e-commerce technology and different types of e-commerce with examples
Promotion and reward policy of abhudaya co edited (1)HIMANI SONI
Human Resource Management is concerned about the people in an organization or bank. "The management of man" is a vital and testing work on account of the dynamic idea of the general population. No two individuals/people are same in nature, mental capacities, strategists, opinions, and practices; they contrast broadly additionally as a gathering and are liable to numerous differed impacts. Individuals are responsive, they feel, think and act in this way they can't be worked like a machine or moved and adjusted like format in a room design. They in this way require a careful giving by management personnel.
HRM is a system that focuses on human resources development on one hand and effective management of people on the other hand so that people will enjoy human dignity in their employment.
Multidisciplinary action project reportHIMANI SONI
Pharmaceuticals are medicinally effective chemicals, which are converted to
dosage forms suitable for patients to imbibe. In its basic chemical form, pharmaceuticals
are called bulk drugs and the final dosage forms are known as formulations. Bulk drugs
are derived from 4 types of intermediates (raw material), namely:
Plant derivatives (herbal products)
Animal derivatives e.g. Insulin extracted from bovine pancreas.
Synthetic Chemicals.
Biogenetic (human) derivatives e.g. Human Insulin.
Doctors, post-diagnosis to cure a disease or disorder in the patient primarily
prescribes formulations. To prevent misuse/incorrect administration, most formulations
are disbursed by pharmacies only under medical prescription and these are called ethical
products.
Leadership Lessons from Adolf Hitler:
Adolf Hitler did much evil during his regime in Nazi Germany. Although I do not share his values, but he did do certain things right as a leader to rally a whole nation. Here are some positive lessons that you can pick up from him:
1. Speaking with purpose:
Hitler was a captivating public speaker. He would enrapture crowds with his vision and sense of purpose of the nation. His words moved a country, even the church to believe that they were killing in the name of God. That was the extent of his charisma. While Hitler was a great orator, and that contributed to his ability to capture his audience, it was his deep belief in what he was doing that moved the nation. He gave his nation a new purpose and destiny and they were willing to follow him for it.
As a leader, the strength of your conviction will often determine how far your followers are willing to go through with it together with you.
2. Understanding Human Nature
Adolf Hitler understood human nature very well. He knew how to use human nature to his personal gain and with that knowledge; he rallied the whole nation behind him. You have to understand the thoughts, inclinations of human nature well if you are to be an effective leader as well. This often means a high level of emotional intelligence. Much of human nature can be easily being seen in yourself; especially in your weakness to temptation or any base inclination. You don’t have to study psychology or take a course in human nature to understand them. Often your life experiences might already give you a good clue as to how people behave and how to motivate people.
3. Constant Influence:
Adolf Hitler successfully used propaganda to bring the whole nation under his influence through the constant use of media and communications; he managed to cause a whole nation to think alike to serve his cause. As the propaganda minister in Nazi Germany, Joseph Goebbels says, “If you repeat a lie often enough, people will believe it, and you will even come to believe it yourself.” (This quote may have been misattributed to him, but the point is there.) There’s a lesson for us leaders to be learnt here. People become what they are constantly being exposed to. If you constantly read, watch and listen to positive messages, you’ll naturally become positive. And it works vice versa as well. We’d like to think that we are thinking independently of our environment, but the truth is that most of us think, act and believe in a certain way as a result of several unconscious cues from our environment. What is the underlying message you portray to your team each day? The words you speak, the actions you take often have either a positive or negative influence on your team.
Leadership Lessons from Adolf Hitler:
Adolf Hitler did much evil during his regime in Nazi Germany. Although I do not share his values, but he did do certain things right as a leader to rally a whole nation. Here are some positive lessons that you can pick up from him:
1. Speaking with purpose:
Hitler was a captivating public speaker. He would enrapture crowds with his vision and sense of purpose of the nation. His words moved a country, even the church to believe that they were killing in the name of God. That was the extent of his charisma. While Hitler was a great orator, and that contributed to his ability to capture his audience, it was his deep belief in what he was doing that moved the nation. He gave his nation a new purpose and destiny and they were willing to follow him for it.
As a leader, the strength of your conviction will often determine how far your followers are willing to go through with it together with you.
2. Understanding Human Nature
Adolf Hitler understood human nature very well. He knew how to use human nature to his personal gain and with that knowledge; he rallied the whole nation behind him. You have to understand the thoughts, inclinations of human nature well if you are to be an effective leader as well. This often means a high level of emotional intelligence. Much of human nature can be easily being seen in yourself; especially in your weakness to temptation or any base inclination. You don’t have to study psychology or take a course in human nature to understand them. Often your life experiences might already give you a good clue as to how people behave and how to motivate people.
3. Constant Influence:
Adolf Hitler successfully used propaganda to bring the whole nation under his influence through the constant use of media and communications; he managed to cause a whole nation to think alike to serve his cause. As the propaganda minister in Nazi Germany, Joseph Goebbels says, “If you repeat a lie often enough, people will believe it, and you will even come to believe it yourself.” (This quote may have been misattributed to him, but the point is there.) There’s a lesson for us leaders to be learnt here. People become what they are constantly being exposed to. If you constantly read, watch and listen to positive messages, you’ll naturally become positive. And it works vice versa as well. We’d like to think that we are thinking independently of our environment, but the truth is that most of us think, act and believe in a certain way as a result of several unconscious cues from our environment. What is the underlying message you portray to your team each day? The words you speak, the actions you take often have either a positive or negative influence on your team.
Ethics, also called moral philosophy, the discipline concerned with what is morally good and bad, right and wrong. The term is also applied to any system or theory of moral values or principles.
Relationships v/s Money.
Forgiveness.
Protecting the weak.
Equality of race and creed.
After Ravana was killed SriRama asks Vibhishana, Ravana’s brother to perform the final rites for Ravana.
Rama then commands Lakshmana to coronate Vibhishana as the king of Lanka with the help of Sugriva and others.
He orders Vibhishana to reward the monkey army with gold and gemstones for their valor displayed in warfare.
Hanuma keeps back mountain sanjeevini in its original place.
MANAGEMENT LESSON FROM RAMAYANA
Ramayana," or "The Journey of Rama," is one of the most compelling Indian epics written by sage Valmiki, who is called the adi kavi, meaning the "first poet" in Sanskrit. It is the story of Rama, who was the seventh avatar of Lord Vishnu.
Ramayana consists of seven kandas, which refer to sections. They are:
Bala kanda - The boyhood of Rama.
Ayodhya kanda - The life in Ayodhya until Rama went on exile.
Aranya kanda - Life in the forest with wife, Sita, and brother Lakshman and abduction of Sita by King Ravana.
Kishkindha kanda - The phase in the kingdom of Sugriva, a vanara, meaning "monkey“
Sundara kanda - The journey of Rama to Srilanka.
Yuddha kanda - Also called Lanka kanda, it is about the battle with King Ravana, rescue of Sita and return to Ayodhya.
Uttara kanda - Rama's life as king of Ayodhya, sons' births, testing the innocence of Sita who returns to her mother who is considered the earth goddess, and the demise of Rama.
Provide a concrete vision to followers
Believe in the ability of subordinates to achieve an aim and inspire them to do so
Treat all people equally
Stand courageously in the face of great adversity
Stand for morality but do not engage in judgmental posturing
Consult subordinates on important matters and allow them to give their opinions freely
Follow a code of ethics and be ready to sacrifice to follow it
To be humble and treat everyone with respect
To maintain a calm and peaceful mind devoid of anger
To maintain good company, It is not enough to have a good heart, we need to be careful while choosing friends
Lord Rama portrays a persona of ‘eternal optimist’. The lesson here is to be an optimist and respond positively even in adverse situations
Relationships v/s Money.
Forgiveness.
Protecting the weak.
Equality of race and creed.
After Ravana was killed SriRama asks Vibhishana, Ravana’s brother to perform the final rites for Ravana.
Rama then commands Lakshmana to coronate Vibhishana as the king of Lanka with the help of Sugriva and others.
He orders Vibhishana to reward the monkey army with gold and gemstones for their valor displayed in warfare.
Hanuma keeps back mountain sanjeevini in its original place.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
NO1 Uk Rohani Baba In Karachi Bangali Baba Karachi Online Amil Baba WorldWide...Amil baba
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#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
2. Meaning of e-commerce.
• E-commerce can be defined as the use of the Internet to conduct business
transactions nationally or internationally
• E-commerce has come to take on two important roles; first as a more
effective and efficient conduit and aggregator of information, and second,
as a potential mechanism for the replacement of many economic activities
once performed within a business enterprise by those that can be done by
outside suppliers that compete with each other to execute these activities
• The Internet is dramatically expanding opportunities for business-to-
business and business-to consumer e-commerce transactions across
borders.
3. Meaning of e-commerce.
• It gives consumers the ability to conduct a transaction directly with a
foreign seller without traveling to the seller’s country.
• The Internet allows sellers to put their storefronts, in the form of Web
pages, in front of consumers all over the world. Technology has expanded
the consumer marketplace to an unprecedented degree.
• E-commerce means transaction between buyers and sellers on Electronic
platform explained in other words as online. E-Commerce is based on
multiple technologies such as online platforms, Smartphone/Mobile
technologies, Supply chain and logistics and Digital Marketing. Online
draws support on technologies such as electronic funds transfer, electronic
data interchange (EDI), Warehouse Management Systems and E Banking.
4. E-commerce important role
• It is more effective and efficient aggregator of information.
• It has a potential mechanism for the replacement of many economic
activities.
5. Advantages of e-commerce on World Economy
• E-commerce has a very strong impact on the world economy the pricing,
availability of products, method of transportation, and customer behavior
has changed dramatically in the last few years because of the way business
happens online.
• It provides time and effort, facilitates access to foreign markets, helps
economic growth and improves exports and production.
• It presents a range of challenges, especially in terms of competition in
local markets where the capabilities of supra-national and multinational
companies may lead to the inability of national companies to compete it
and continue in the markets .
6. Advantages of e-commerce on World Economy
• Examples of global e-commerce markets include :
– The Amazon Market, founded by Jeff Bezos in Seattle, Washington, DC
on July 5, 1994 he , is the world’s largest online retailer in terms of gross
sales and market value.
7. Advantages of e-commerce on World Economy
• –The market of Alibaba Group Holding limited of China . it belongs to
the Chinese private sector , the group was established in 1999 and
headquartered in Hangzhou, People’s Republic of China, and its founder,
Jack Ma, wanted to create an online portal called Ali Baba.com for
business to link Chinese manufacturers and traders to the consumers and
buyers from all over the world, earning most of its revenues from its
business activities over the Internet , and then Jack Ma created a Taobai
site similar to eBay’s website directed from consumer-to-consumer , one
of the 20 most visited sites in the world with nearly a billion Product, and
sites of Ali Baba Group Holdings represent more than 60% of parcels
delivered to China.
8. Effects of e-commerce on international trade and
employment
• Electronic commerce offers important opportunities to both developing and developed
countries. The development of
e-commerce is likely to have both direct and indirect impacts on international trade as
well as the labor markets.
1. E-commerce and International Trade :
The use of electronic means and the internet can make the process of initiating and doing
trade a lot easier, faster, and less expensive. Collecting information is a costly activity
when it involves acquiring information across national borders.
e-commerce promote international trade will depend on the nature of the good. On the
one hand, a number of products that traditionally have required physical delivery can be
delivered to a customer via a network in digital form.
9. • E-commerce will also have a significant impact on trade in services. The most relevant change
in trade in services is e-commerce’s and information technology’s ability to make non-tradable
services into tradable.
• International cross-border trade in a wide range of services, financial, legal,
telecommunications and customized software will increasingly be carried out by electronic
means.
• Internet effectively opens markets that were previously closed; it is tempting to think of it as
another form of trade liberalization.
• The potential benefits from international e-commerce to a developing country arise from a
reduction in the cost of imports as much as from an increase in the price received for exports.
10. • The development of the international trade calls for the occurrence of
e-commerce, and e-commerce has enormous(very large in size, quantity,
or extent) reaction on the international trade. It will promote the further
development of the international trade. E-commerce has been widely
applied and become a mature method of transaction in the developed
countries while it is only beginning in China. So we should fully
understand the reaction of e-commerce on the international trade, and
speed up e-commerce applications in the international trade
11. 2. Employment and e-commerce:
• As e-commerce continues expanding, its impact on employment and wages will be the
result of a complex set of interactive forces.
• Electronic commerce is expected to directly and indirectly create new jobs as well as
cause job losses. New job will be gained in information-related goods and services,
entertainment, software and digital products, for instance.
• Indirect creation of jobs will occur via increased demand and productivity. Jobs will be
lost when e-commerce substitutes for the traditional way of doing business.
12. • This increased demand for high-skill workers, with augmented managerial
and executive responsibilities and a greater need for specialized expertise,
who will command higher wages are viewed by some researchers as a
cause of worsening of income distribution. Evidence for the U.S. seems to
suggest that demand has shifted from low and middle-wage occupations
and skills toward highly rewarded jobs and tasks requiring specific talent,
training or management ability.
13. • Among developing countries, countries best situated to benefit
from e-commerce through export expansion are those with a
substantial pool of skilled labor, capable of working on or near the
frontier of computer technology.
14. CONCLUSION
• This article concludes following results. Internet will promote
international trade much as lifting other trade barriers would
• he volume of international trade will increase via e-commerce.
• The countries open to imports from high-income economies will
benefit from knowledge spillovers.
• E-commerce can also have a significant impact on trade in services
• Electronic commerce is also expected to directly and indirectly
create new jobs as well as cause job losses.
15. • New jobs will be generated in the information and communication
technologies sector, while the indirect creation of jobs will occur via
increased demand and productivity.
• The net employment gains and losses will depend on the demand
for certain skills.
Editor's Notes
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