rms crumb progressively choose
which tax authority and other regulations apply.
Computers and communication technologies also tug more market-like forms of produc-
tion and distribution. An infrastructure of computing and communication technology, providing
24-hour access at low cost to almost any kind of bell and produce schooling desired by buy-
ers, will repress the informational barriers to e
cient market operation. This infrastructure
might also provide the means for e
ecting real time transactions and make intermediaries such
as sales clerks, stock brokers and run short agents, whose function is to provide an essential infor-
mation link between buyers and sellers, redundant. removal of intermediaries would reduce
the costs in the production and distribution value chain. The information technologies have
facilitated the evolution of enhanced mail rank retailing, in which goods trick be say quickly
by using telephones or computing machine networks and then dispatched by supplieroreover, the electronic interface allows e-commerce merchants to check that an come out is inter-
nally consistent and that the order, receipt, and invoice match.
Through e-commerce,
rms are
able to move some(prenominal) of their customer support on line so that customers can access databases or
manuals directly. This signi
cantly cuts costs while generally improving the lineament of service.
E-commerce shops require far fewer, but high-skilled, employees. E-commerce also permits
savings in inventory carrying costs. The turbulenter the input can be ordered and delivered, the
less the need for a large inventory. The impact on costs associated with decreased inventories
is most pronounced in industries where the product has a limited shelf life (e.g. bananas), is
subject to fast technological obsolescence or price declines (e.g. computers), or where there is
a rapid
ow of new products (e.g. books, music). Although shipping...If you want to get a full essay, order it on our website: Orderessay
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