The minimum wage is an important example of price floor. Nowadays, in order to stick up for the labors’ rights, minimum wage is necessary. But, when relate to the whole market, minimum wage also cause so many problems. Generally speaking, I am against it. Many economists have different ideas of the minimum wage. Advocates consider that a higher minimum wage makes the poor better of. At the time, they also think that it is a necessary way to stick up for the labors’ rights. On the contrary, opponents note that a higher minimum wage causes unemployment and encourage teenagers to drop out of school. Moreover, the higher minimum wage makes skilled people useless. In my view, although minimum wage laws can set wages, they cannot guarantee jobs. If the government doesn’t intervene, the higher minimum wage may cause unemployment. The higher minimum wage means the wage above the equilibrium wage. The quantity of labor supplied more than the demand. So it causes unemployment. What is more, more and more teenagers drop out of school because of the higher minimum wage. Pursuing a higher minimum wage becomes teenagers’ strong desire. Higher minimum wage also has some adverse effects. As I wrote before, higher minimum wage makes experienced people useless. Because of minimum wage, the labors’ marginal revenue product is higher than marginal cost. In other words, they make contribute to the society, but they are fired because of higher minimum wage principles. As time goes by, more and more labors are fired because of this. So, less labor causes less output. All in all, there are different effects of minimum wage. When it relates to morality, it is good to pursue demands-money. But when it relates to economic and the benefit of the country, it may not good enough.
...import clearance (Appendix 1). Furthermore, they outline how the logistics activities in these processes may contribute an online store to lower costs and add value to time and place utility.
Chinese sourcing operations supplier selection, evaluation and procurement.
Murphy & Wood (2011) define procurement as the commodities, semi-finished or finished goods that a company buys from external sources in supporting the firm’s operations. Moreover, Routroy (2008) argues that given the fierce competition created by the fall of boundaries in the global market, which has contributed to increase costumer expectation, companies are force to outsource some of their operations in order to gain a competitive advantage. Consequently, the supplier selection process is becoming a critical issue and therefore, organisations are called not only to outsource but to do it with a strategic approach in order to lower costs and add value to the product in terms of place and time utility.
Considering supplier selection, evaluation and procurement, it is important that the new start-up company will have a clear and in-depth understanding of the risks and challenges that the firm will undertake by outsourcing in a foreign country as China. Subsequently, it is fundamental that the logistics activities in the supplier selection are not exclusively low cost oriented but the online store managers must look at the big picture and they should consider the potential...
...questionnaires were distributed online to randomly selected staff from each of the three colleges within the university. The completed questionnaires were returned by email.
Sample Design and Selection
The overall sampling strategy was to generate large and equal-sized samples of voters and non-voters. In addition, over-sampling was required in less populous regions to allow statistically meaningful analysis of the results for those areas. The following table presents the regional quotas established for this study
The purpose of the research was to study the consumer behavior in onlineshopping of electronics especially in Pakistan. The main research question in thesis is how consumers behave while shoppingonline. Primary data was collected through the questionnaire survey and by emails from personal contacts in two major cities of Pakistan. Price, time saving and convenience were identified as important factors which lead to certain buying behavior in onlineshopping. The www is rebuild around people where social circles influence and lead to online buying.
Chapter 6 – Overall Conclusions
This chapter provides an overall conclusion how the project has been directed. What has been achieved during this project and also my personal thoughts in developing the web site. My...
Are you one of those people who get tired of busy stores? Well you can actually shop from the comfort of your home and get products even from stores that aren’t even nearby.
There are a few common questions when we shop for something on the internet, is it safe? When we shop for clothing is it going to fit me? Does the product have good quality or not? Follow these tips in order to achieve good onlineshopping.
Onlineshopping is making things much easier in terms of time. The only thing you have to do is going to the web page, select your stuff and pay, the question here is which sites are safe and which are not to shop online.
You have to be careful when choosing the site you want to buy the things you need because some sites want to buy the things you need because some sites want to cheat you and just get your money without giving you any products. So be careful and check reviews and how legit they are.
In terms of shipping and handlings every webpage have their own politics, so you have to check it before you purchase something, the most common way is to send you free to your house or your P.O. box but it last like seven to fourteen days. If you want to receive your stuff quicker you have to pay a considerate amount of money depending the days of shipping you want to pay.
They have return politics too, if it doesn’t fit...
...A Google routine search of the word onlineshopping or online retailing defines it as a form electronic commerce which allows consumers to directly buy goods or services from a seller over the Internet using a web browser. Customers can find a product of interest by visiting the website of a retailer directly or by searching among alternative vendors using a shopping search engine. Onlineshopping has become a popular way to purchase items without the hassles of traffic and crowds. However, the Internet has unique risk, so staying safe while shoppingonline is paramount.
There are few ways that attackers can take advantage of online shoppers. First on the list would be targeting vulnerable computers. If you do not take steps to protect your computer from viruses or other malicious code, an attacker may be able to gain access to your computer and all of the information on it. It is also important for vendors to protect their computers to prevent attackers from accessing customer databases.
Next would be creating fraudulent sites and email messages. Unlike traditional shopping, where you know that a store is actually the store it claims to be, attackers can create malicious websites that appear to be legitimate or email messages that appear to have been sent from a legitimate source. Charities may also be misrepresented in this...
...Consumer Behavior In OnlineShopping
to conduct satisfaction surveys with customers. Customers use the Internet not only to buy the product online, but also to compare prices, product features and after sale service facilities the will receive if they purchase the product from a particular store. Many experts are optimistic about the prospect of online business.
In addition to the tremendous potential of the E-commerce market, the Internet provides a
unique opportunity for companies to more efficiently reach existing and potential customers.Although most of the revenue of online transactions comes from business-to-business commerce, the practitioners of business-to-consumer commerce should not lose confidence .It has been more than a decade since business-to-consumer E-commerce first evolved. Scholars and practitioners of electronic commerce constantly strive to gain an improved insight into consumer behavior in cyberspace. Along with the development of E-retailing, researchers continue to explain E-consumers „behavior from different perspectives. Many of their studies have posited new emergent factors or assumptions which are based on the traditional models of consumer behavior, and then examine their validity in the Internet context.
The Internet has developed an into a new distribution channel and online transaction are rapidly increasing....
...involved in online grocery shopping? How does online grocery shopping compare with traditional shopping in terms of behavioral effort?
The behaviors involved in online grocery shopping are information contact, funds access, and transaction. The information contact “…occurs when consumers come into contact with information, either intentionally or accidentally, about products, stores, or brands…” (J. Paul Peter, 2010, p. 195) Funds access or money “…is the primary medium of consumer exchange. The consumer must access this medium in one form or another before an exchange can occur…” (J. Paul Peter, 2010, p. 198) I do not believe that the store contact or the product contact is applicable here since the purchases are being made online and not in a brick and mortar store which would allow the customer to see, touch, and feel the items they wish to purchase. The behavioral efforts found in an online grocery shopping can be described as in an emergency case only. Onlineshopping is used when the customer does not have enough time to get into the supermarket to shop. Yet the success of Pea Pod relies on these types of customers for the success of their continued business. The behaviors of traditional shopping are information contact, funds access, store contact, product contact, and transaction....
17 October 2012
ShoppingOnline and Shopping in Stores
In the 21st century, you can do anything at the click of a button. There is little to no need for human to human interactions when we can just do everything we need with a computer. Most of our interactions with computers are done via the internet. We can do everything from social networking, to business, to school. We can even shop online. From Amazon and eBay to department stores like Macy's and Target, items can be purchased online with a computer and a few clicks of a button. In today’s world, shoppingonline is the preferred way to shop.
Shoppingonline is more convenient than driving to a store. If you have a computer with the internet, you can shop online at any store with a website. When you live in a rural area and the closest mall is an hour away, why drive when you can just shop online? Nobody wants to wait in line to buy the one thing they drove so far to get or find out that the item they wanted is sold out. You can just buy it at home. There are plenty of advantages to shoppingonline. Convenience is just the icing on the cake.
Variety gives people more freedom to choose what they like. The freedom to choose or have more options is available online. You can shop...
...Assignment # 6: Comparison/Contrast Essay
OnlineShopping vs. In-store Shopping
One of the great choices that we have in the modern world today is whether to shop online or actually go to the brick and mortar store and do our shopping. While both offer great sales and promotions along with great selections from which to choose, they both have pros and cons which must be considered in order to determine which of the two choices offer the best shopping option. In-store shopping offers the buyer the opportunity to inspect and compare the items being considered for purchase along with sales people who can assist or aide the buyer with any problems or concerns that the buyer may encounter while shopping in the store in contrast to onlineshopping which limits the senses and the ability to compare because the items can’t actually be held or touched. Onlineshopping offers the buyer the convenience of shopping from the comfort of their home without all the crowds or having to travel to various stores which could be considered the best shopping experience, depending on the buyers’ personal shopping preference. Weighing the options that both online and in-store shopping offer the individual buyer will help that buyer determine which of the...