Do you think having an online presence reduces business risks? Why or why not? *200 words

Do you think having an online presence reduces business risks? Why or why not?

*200 words

Expert Solution

Answer-
Yes, I think that online presence reduces business risk. This is because our company is online the customer has the option of directly coming in contact with the company through its online website and the risk involved in purchasing the product of a well reputed company in terms of duplicacy is reduced to a great extent. The customer can order the product directly to the company's website, and the company can directly ship the product to the house of the customer which will eliminate all the type of risk involved in the product. Online presence also has the advantage of eliminating the risk of investing huge amount in infrastructure for proper demonstration of product. The online presence of of most of the companies has enabled the company to make an online catalog of the product which can easily demonstrate almost all the products on the company's website or a third party website such as Amazon or Flipkart. This has the additional advantage of selling the product at a lower price because ultimately if the company is not investing huge amount in infrastructure, it can easily save amount on maintaining the infrastructure and pass it on to the customer in terms of reduction in price.

Please up vote this answer

keosha answered 1 year ago

Do you think that online teaching will replace the traditional classroom? Why or why not ?...

Do you think that online teaching will replace the traditional classroom? Why or why not ? If you were able to take all your college classes online and receive the same degree from the same college, would you? Why or why not?

In 250 words or more detail Why do you think the effort to reform business groups...

In 250 words or more detail Why do you think the effort to reform business groups has now slowed as the South Korean economy has improved? (Please type answer as i have trouble reading people's handwriting)

why do you think that organizational structure will have an impact on how risks are assessed?

own your words I need 200 words to answer each q : 1. Do you think...

own your words I need 200 words to answer each q : 1. Do you think that there is an excessive amount of coarse and profane language in popular culture? Provide examples to support your argument. 2- Respond to the statement that popular culture is whatever corporations decide. Provide examples to support your argument.

in 200 words !!! You are a member at a local community center that is having...

in 200 words !!! You are a member at a local community center that is having their annual picnic serving 100 people. As a health educator, what measures should you ensure are in place to prevent food borne illness from spoiling the event?

why is the pcaob relevant to the business community? explain in 200 words Why are they...

why is the pcaob relevant to the business community? explain in 200 words Why are they relevant to the business community, meaning, what effect they have on the business community .

Brief down in at least 200 words of what do you personally think about the following...

Brief down in at least 200 words of what do you personally think about the following country risk profile of Brazil. Include your personal views about the following country risk profile & explain with a proper justification whether a company should business with or in Brazil. Economic Risk : Brazil is the world's eighth largest economy. The nation is trying its best at remaking itself after the downturn that happened five years prior, when the economy shrunk by nearly 7%....

Brief down in at least 200 words of what do you think about the following summary...

Brief down in at least 200 words of what do you think about the following summary of an article related to the impact of COVID-19 on mergers and acquisitions. Include your personal views about the following article summary statement. The article first opens up talking about the effect that COVID-19 has already had on the economy and businesses whether it meant them closing for good, furloughing their employees or consumer spending declining tremendously. Richard D. Harroch, David A. Lipkin, and...

Philosophy Describe the theory of compatibilism. Do you think it works? please describe in 200 words...

Philosophy Describe the theory of compatibilism. Do you think it works? please describe in 200 words response.

Do you agree with below paragraph? Why or why not ? write 200-250 words and gives...

Do you agree with below paragraph? Why or why not ? write 200-250 words and gives examples . A bankrupt company reform its debt criteria except going with any business with the reorganization process. When reorganization starts, the debtor companies usually retains ownership of all the assets and continue with the business process. Basically, when a company face with the financial problem and scared of paying for loan payment, then they want to go for a reorganization process for paying...

Question