Question

Conduct research on cases and issues in global trade. What types of businesses are best suited for doing business online?
Why? What type of issues might an online business deal with in the global market?

Answer 1

Operating a business online entails dealing with technical obstacles, security concerns, and consumer distrust.

Research based problem:

While you can avoid or at least mitigate these difficulties, it's critical for company owners to keep an eye on prospective concerns in order to avoid big calamities.

Because the main providers they provide are information-based, professional service based firms are well-suited for the Internet.

Because the provision of these services necessitates the provider's physical presence, a household chores or lawn maintenance service company is not well suited for the Internet.

Find out more information about 'professional service'.

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