1 . )How can be e-commerce changing the business world?
-E-commerce refers to the production, advertising, deal, and division of products and services coming from business to business and from organization to buyers through the Net. The biggest fishing bait of web commerce of consumers would be the convenience of having round-the-clock usage of the online store and the ability to engage in comparative searching at little cost and effort. Through e0commerce, sellers can easily sharply lessen their expense of executing product sales and acquiring inputs, reformulate supply restaurants and logistics and give new meaning to customer romance management.
installment payments on your )Why are tastes converging around the world?
-There is a growing trend around the globe. Tastes in the us affect likes around the world, and tastes abroad strongly impact tastes in the us. While some countrywide differences will certainly remain, the knowledge revolution and cross-fertilization of cultures can be expected to speed up the global convergence of tastes this has significant implications for a lot of firms.
three or more. )If there have been a 10 percent increase in customers' income between two intervals, what was the proportion change in the need for international travel? Pertaining to tobacco items? For flour? -Demand value commodity for foreign travel and leisure is not available in Case 3-4 -For smoking cigarettes products 0. 5 /. 10 = 5 percent embrace the demand to get tobacco goods. -For Flour -0. 36/. 10 sama dengan -3. 6 percent decrease in the demand intended for flour
4. )Suppose that the cross-price elasticity of demand among McIntosh and Golden Scrumptious apples can be 0. almost 8, between apples and any fruit juice is 0. 5., among apples and cheese is usually 0. some and among apples and beer is definitely 0. 1 . What can you declare about the relationship between in every set of products? -0. 8/0. 5 sama dengan 1 . 6th
-0. 8/0. 4 sama dengan 2
-0. 8/0. 1 = 8
While Py raise the Qx increases.