Explain the Impact of E-Commerce on the Economy

question 21

Essay

Explain the impact of e-commerce on the economy.

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Definitions:

Family Business Feud

Disagreements or conflicts within a family-owned enterprise, often affecting its operations and management.

Operating Approaches

The strategies, methods, or procedures implemented by individuals or organizations to execute tasks and achieve objectives.

Work Responsibilities

Duties and tasks assigned to an employee or a team within an organization.

Franchise

A type of business wherein a franchisor grants a franchisee the right to use its trademark, products, and business methods in exchange for a fee.