) Importance and Scope of Commerce. Since the second part of the 20th century‚ the world is entered in the new era of the globalization. This era began with the creation of the GATT (General Agreement on Tariffs and Trade) in 1947 which finally lead to the creation of the WTO (World Trade Organization) in 1995. Those organizations have for objectives to accelerate‚ in the world scale‚ exchanges of goods‚ services by limiting the barriers of the commerce between the countries. In this era
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Overall‚ the expansion of the business through the e-commerce will be considerably beneficial‚ enlarging the market and people’s awareness of the organization. 1.2 The MD and the others directors of Mountain Footwear have requested for a report based on considerations in order to determine whether it would be an advantage or not to start up an online service aimed to allow customers’ purchases through the internet. 1.3 An explanation of e-commerce is given by Rayport & Jaworski (2001‚ p.3) who describe
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Mobile Commerce Emergence of Mobile Commerce in Developing Countries Helen U. Eno INFO 5303-02: Info Tech and the Future Oklahoma Christian University Dr. Kimberly Merritt September 26‚ 2011 Introduction Mobile Commerce or M-commerce as it is more commonly referred to is simply the ability to do business electronically without any physical limitations or barriers. This is more popular with the use of smartphones today and other
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spends on those museums and galleries‚ will return a benefit to the country. The main idea‚ of spending this amount on the museums and galleries is to get the advantage. The advantage is that it will raise the number of tourists‚ and that is so valuable for the country economy. First of all‚ when the number of tourists is rising .that will raise the income of the country and will refresh the economy. However‚ if the country is not spending the money on maintaining those gallerias and museums
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latest changes in economies of different countries whose classification is on the following basis: Advanced economies: post-industrial countries characterized by high per-capita income‚ highly competitive industries‚ and well-developed commercial infrastructure. E.g. Australia‚ Canada‚ Japan‚ United States and Western European countries. Developing economies: low-income countries characterized by limited industrialization and stagnant economies. E.g.‚ most low income countries in Africa‚ Latin
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IMPACT OF E-COMMERCE ON THE MALAYSIAN ECONOMY E-commerce is the new buzz word. With the advent of the Internet‚ the development of e-commerce in both the developed and developing economies has developed at a rapid pace. Developing countries such as Malaysia are catching up fast as there are already 1.2 million Internet users. The private sector and the Government have taken initiatives to implement e-commerce. Physical and legal infrastructure for e-commerce in Malaysia have been put in place
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steadily around the world and it creates an opportunities for regional and global e-commerce to develop. Therefore‚ by the impact of internet‚ both socioeconomic and infrastructural have created a major level of differentiation in the growth and acceptance of e-commerce at different regions of the world. This differentiation occurred in the field of socioeconomic and infrastructure. To identify the diffusion of e-commerce in the various locations of the world‚ they have been conducted different studies
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Importance of Agriculture in Indian Economy The direct contribution of the agriculture sector to national economy is reflected by its share in total GDP‚ its foreign exchange earnings‚ and its role in supplying savings and labor to other sectors. Agriculture and allied sectors like forestry and fishing accounted for 18.5 percent of total Indian Gross Domestic Product (GDP) in 2005-06 (at 1999-2000 constant prices) and employed about 58 percent of the country’s workforce (CSO‚ 2007). It
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Journal of Management Research ISSN 1941-899X 2013‚ Vol. 5‚ No. 1 Electronic Payment in Cashless Economy of Nigeria: Problems and Prospect. Nwankwo‚ Odi.‚ Ph.D Department of Banking and Finance‚ Ebonyi State University‚ P.O.Box‚ 435 Abakaliki Chartered Institute of Bankers of Nigeria Tel: 80-35-763-229 E-mail: Odinwankwo2002@Yahoo.Com Eze‚ Onyekachi Richard Department of Banking and Finance‚ Ebonyi State University‚ P.O.Box 435 Abakalik Chartered Institute of Bankers of Nigeria Tel: 80-36-185-506
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important for the economy to gain income sources‚ create employment and economy development. First‚ tourism could gain income sources. Indonesia‚ as a developing country‚ makes tourism as the main income for the economy. Indonesia is rich of their traditions‚ culture and the nature beauty. These are all the major things that attract tourist to come and visit Indonesia. The more tourists come to Indonesia‚ the more income that government will get. To conclude‚ this will increase the economy. Second‚ create
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