Institution:
Impact of e-commerce on businesses
1 There are numerous ways with which retailers have adopted the numerous technological advancement in the internet This is in relation to the ways that they have adopted, applied and created an impact on these technologies These enable them to promote and sell their merchandise During the previous times, there were a lot of predictions and speculations on how internet retailing would be taken up in order to create an impact In this sense, the initial internet commentators had predicted that online retailing would lead to perfect competition Perfect competition is a factor that is brought about by the fact that there are many sellers, who in turn make the firms that are available to be price takers
Received on Wed Dec 09 2020 - 16:11:15 CET