๐ Effect of internet and eccomerce
The effect of the internet and eccomerce
Small ventures, SME and entrepreneurs can sell direct to national or international customers.
- Use of logistic partners
- No need for satellite units
- Business is sustained without need for local demand
Reduction of intermediaries of costs No wholesaler or commission Supply direct from manufacturer JIT (Just In Time) manufacturing can be exploited Real time 24/7 management of business processes
Intermediaries
A person who acts as a link between people in order to try and bring about an agreement; a mediator