In: Economics
Critically discuss FIVE (5) CONTEMPORARY CASE LAWS related to online purchasing at the International Level, focusing on the judgments handed down in those cases and most importantly how do you think that will impact on the Caribbean online purchaser.
Online buying at the international level is not straightforward. Organization got to originated everything of its business within the international market afterward organization will begin doing its operations on-line. For that reason organization got to select any of the remote market section mode.
Different quite written agreement passage modes for going into the international market, area unit given as follows -
(a) LICENSING
(b) FRANCHISING
(c) CONTRACT producing
(d) MANAGEMENT CONTRACTS
(e) screw CONSTRUCTION CONTRACTS
CONTEMPORY CASE LAWS that area unit associated with the net sponsor the international level, specializing in the judgment and impacts on the Caribbean on-line vendee area unit given as follows -
1. price OF DELIVERY
In the on-line get we have a tendency to should agonize regarding the expense of the item in thusme cases conveyance price is quite the expense of the item so organization ought to target the expense of the conveyance.
2. Right DELIVERY
Numerous multiple times with on-line conveyance people get some numerous things once conveyance. within the wake of finding out the case wholly we will say that in on-line get client satisfaction is most vital thus organization ought to target the conveyance of the proper things.
3. Merchandise exchange
Merchandise exchange of the organization got to be extraordinarily successful . Most of times once customers don't seem to be happy with the things then they'll restore the item if the arrival strategy of the organization is compelling.
4. Exceptional CONCERN FOR FOREIGN MARKET
At the purpose once a company is mercantilism its things on-line in remote market then organization got to adhere to any or all the principles and rules of that specific nation. each single a part of the organization strategy got to be clear.
5. CONTACT WITH STAKEHOLDERS
In the on-line business within the outside nation organization ought to have powerful and dependable contacts with the partners of the organization. all of those partners of the organization area unit most vital piece of the organization thus there got to be legitimate spotlight on these partners.