Question: Research and then compare and contrast advanced economics, developing economics and emerging markets. Additionally, expore and discuss the factors that make emerging markets attractive to international firms. Answer: Introduction The aim of the report is to describe the comparison between advanced economics, developing economics and emerging markets. Advanced economies refer to the developed countries that have hig...Read More
Question: Discuss about the E-Business Applications Of IGA. Answer: Introduction Retail Business is in its big transformation phase. From offline to online, the business model is now more concerned about customer engagement and impacted by the huge data generated by customer during the purchase process (So et al., 2016). In this context, IGA (Independent Grocers Alliance) is an important example as it has adopted offline an...Read More
Question: Discuss About The Improve Customer Perceptions Assortments? Answer: Introduction Due to advancement in technology the business world is changing drastically. Many people nowadays prefer to shop from the comfort of their homes and offices. As such, retail stores need to evolve and adapt to the growing demand for online shopping. It is crucial for retail stores to establish online shops in addition to the psychology stor...Read More
Question: Discuss About The Economies Of Scale Aviation Space Technology? Answer: Introducation Economies of Scale: When a company or a business achieves more efficiency and output with decreased input, its marginal costs in terms of production decreases, thus business is said to have achieved the economies of scale (Tegtmeier 2013). For Example, discount on bulk purchases, information sharing related economies, department or labo...Read More
Question: Discuss About The Retail Is Changing As Commerce Businesses? Answer: Introducation For years, businesses have always tried to keep an appealing online presence, but now the contrary is happening. Amazon, the giant online book retailer, raised eyebrows when it opened the first physical outlet in Seattle, US last year in November (Walsh 2016, p.35). Similarly, the looming news that Amazon has as well acquired an Australi...Read More
Question: Discuss about the Communication for Socioeconomic Factors on Poverty. Answer: Introduction Poverty is the worst element of any nation which slowly and silently kills the country and its ladders of success and development. Poverty can be explained as a state where the individuals or the masses are deprived from their fundamental rights and necessities of life. In the present age of globalisation, it is one of the most...Read More
Question: Discuss About The Significant Increase In Government Revenue? Answer: Introducation The imposition of tax on cigarette will reduce the demand for cigarette more than its price for teenagers. Hence, revenue will not increase much. For young adult and adult demand is inelastic. Therefore, for these groups demand reduces less than the price and lead to a significant increase in government revenue. The young adults ...Read More
Question: Discuss about the Budget Reforms to the Tourism Industry. Answer: Introduction On 9th May 2017, the Herald Sun published an article titled; “Budget 2017: Visa fees up, tourism funding to Tourism Australia down.” This article takes note of the Federal Government’s intended economic policy reforms which are likely to affect the tourism industry either positively or negatively. The negative effects o...Read More
Question: Discuss about the Strategic Cost Reduction and Revelation. Answer: Introduction In the reported study, the economic benefits and costs associated with the City of Gold Coast hosting the Commonwealth Game 2018 in Australia have been discussed. Precisely, the 11-day long international mega sports event is claimed to be the largest sporting event in Australia in this decade (Beattie, 2016). Without a doubt, the specta...Read More
Question: Were Political, Ideological, or Economic Considerations behind Mao's decision to launch the Cultural Revolution in 1966? Answer: Mao Zedong mobilised the Chinese youth in 1966 to start the Cultural Revolution. It is a violent process that led to an elimination of the customs, culture, habits and thoughts of Chinese people. This Cultural Revolution purged counter Revolutionary party members. It also heightened Mao's ...Read More
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