What economic factors disfavor e-commerce?

What economic factors disfavor e-commerce?

ECONOMIC FACTORS THAT DISFAVOR E-COMMERCE  Channel conflicts that occur when a manufacturer competes with its traditional retail outlets by selling directly to the consumer.  Price conflicts that may occur by a manufacturer selling directly to consumers and undercutting retailers’ prices.

What are the economic factors that must be considered before entering into e-commerce?

Economic forces are factors such as inflation, interest rates, labor and government monetary policies that influence levels of production and demand for goods and services.

What are economic factors?

Economic Factors are the factors that affect the economy and include interest rates, tax rates, law, policies, wages, and governmental activities. These factors are not in direct relation with the business but it influences the investment value in the future.

What are 4 socio economic factors?

Social and economic factors, such as income, education, employment, community safety, and social supports can significantly affect how well and how long we live. These factors affect our ability to make healthy choices, afford medical care and housing, manage stress, and more.

What are the 4 factors of production?

Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship. The first factor of production is land, but this includes any natural resource used to produce goods and services.

What is a scare factor of production?

Land is the scarce factor of production. Other scarce factors include labor, capital, and entrepreneurship.

What are the three main factors of production?

The factors of production include land, labor, capital and entrepreneurship.

Which factor is more scarce and why?

Land is the most scarce factor because unlike capital, entrepreneurs and labour, it is limited and only a certain amount can be used.

What are the four factors of production class 9?

There are four factors of production i.e. land, labour, physical capital and human capital.

Which factor of production is most scarce and why class 9?

Answer: Capital is the most scarce factor of production . Small farmers usually take loans from money lenders and it is difficult to repay for them . Therefore capital is too scarce factor of production generally for small farmers.

What are the three economic questions?

Because of scarcity every society or economic system must answer these three (3) basic questions:

• What to produce? ➢ What should be produced in a world with limited resources?
• How to produce? ➢ What resources should be used?
• Who consumes what is produced? ➢ Who acquires the product?

What are the four main factors of production in Palampur?

For the production of services and goods of any type, there are four factors that are used in the production. They are land, capital, labor, and enterprise. Out of these four factors, the first and the most important factor is land. Land includes other natural resources like forests, minerals, and water.