Question

In: Economics

Clarify how the internet is allowing small firms a "global presence" and what role Amazon is...

Clarify how the internet is allowing small firms a "global presence" and what role Amazon is playing in this.

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Expert Solution

Answer-The internet is becoming the source of the global presence of small firms all over the world. Internet is services which is available for all and the internet is present in all over the world, it is helping the all forms of the firms to reach out the customers whether customers are present in their own country or any part of the world, small firms are also using the internet to list their product in different search engines to reach their potential customers in the world, they are reaching to the customers by their websites, advertisement through web media or by directly contacting through emails and social media, etc, by these ways the internet is helping the small firms. Amazon is an e-commerce website which is connecting every firm whether it is small in nature or big in nature, by the help of amazon firms can directly full fill the demand of customers by using their internet services.Amazon is basically connecting customers to the firms or vice-versa.


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