Question: Historically, many businesses served only local customers. That model usually limited customers to a small geographic area. Identify a specific type of business, and compare/

Historically, many businesses served only local customers. That model usually limited customers to a small geographic area. Identify a specific type of business, and compare/ contrast the opportunities and risks for the business pre- Internet, and in today’s technological environment.

Step by Step Solution

★★★★★

3.47 Rating (163 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

The localonly model generally limits the customers to driving d... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

353-B-A-I-S (4421).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!

Pick another type of business and describe how it could use social media networking to promote its products or services.

Many small businesses are built around one product. What risks does this approach impose? How can small business owners minimize those risks? How can a small business develop new products?

Compare and contrast manufacturing and geographic postponement.

Please give an example other than the bed and breakfast answer that has been regurtiated multiple times on here. Historically, many businesses served only local customers. That model usually limited...

Historically, many businesses served only local customers. That model usually limited customers to a small geographic area. Identify a specific type of business, and compare/contrast the...

by Vicki Jayne / business excellence Built to Last How to fill performance gaps How do you build a strong performance ethic into your organisational culture? Vicki Jayne talks to two executives who...

Case Summary Read the Discussion Assignment 2-1 on p.34 of the text Technology Adoption by Small Manufacturers. Consider yourself as a health care leader in a small not-for-profit hospital. You have...

1. Explain the nature of the Entrepreneurial focus of Groupon? 2. Identify the resource bundle of Groupon. 3. Does the company have a first movers' advantage or disadvantage? Explain. 4. Explain how...

Please read the following and answer the questions. Questions are at the bottom. Constitutional Law INTRODUCTION Many people assume that a government acts from a vague position of strength and can...

I. Introduction Economic models of collusion are central to antitrust policy. Besides their direct application to price-fixing and "conscious parallelism" cases, the analyses of the Department of...

Describe the direct and indirect patterns of report development.

1. Why did you want to create this invention? a little background about my product is that when you wear it, it calms peoples nerves and help to eliminate the stress that I think people really need...

Your parents have given you a new car on your 1 6 th birthday for which they paid about $ 2 4 , 0 0 0 . Assume this is also the price you would get if you decided to sell the car a month after...

Describe the various elements of business environment; and

Why dont databases store calculated fields as normal fields in database tables? Do you think they should?

Why are calculated fields created with database queries? Why not create them directly with reports?

A forms navigation bar has five symbols on it. Identify each one and indicate its use.

2 1 - Self Awareness is Understanding one's own emotions and how they affect others. A . True 1 3 . False 2 2 . Social Awareness is demonstrating empathy by recognizing others 'perspectives and...

I already understand how to do section a and b, but I do not know how to calculate the Par Yield for section C. Please show your work for this, and thank you for your help. The following table gives...

A stock with a beta of 0.7 is priced at exist118.50 and just paid a dividend of exist2.85. If the risk-free rate is 2% and the market risk premium is 7%, what growth rate does the market expect for...