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Varied outcomes in terms of how the market system answers the question “what goods and services will be produc?
In the 1990s, thousands of “dot-com” companies emerged with great fanfare to take advantage of the Internet and new information technologies. A few, like Yahoo, eBay, and Amazon have generally thrived and prospered, but many others struggled and eventually failed. EXPLAIN these varied outcomes in terms of how the market system answers the question “What goods and Services will be produced?”
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When demand for the product is not sufficient to provide a competitive return on invested capital, businesses close and investment funds are directed elsewhere.
Online Marketing Advantages Over Offline Marketing. The Simple Approach To Internet Marketing.
