Question

Describe a product or service industry that we have never seen before? Where do you see...

Describe a product or service industry that we have never seen before? Where do you see international business going?

Homework Answers

Answer #1

It can be mentioned that 'microfinancing' is one such industry that I have never seen before in an organised way where the loan amount will be as less as $50, and it can help people to cope up with their needs and this is different from that of a credit card because microfinance always carries high interest rates and loan will be guaranteed without any credit approval and these high interest rates are due to the amount of risk.

International business is going towards de-globalisation, where every country is actually trying to protect its domestic industries from trade with imposition of trade barriers as a result of which, the international trade between the countries are actually moving towards a decreasing trend on the whole.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Part 1: Product Strategy Briefly describe a product or service that you use and enjoy. Where...
Part 1: Product Strategy Briefly describe a product or service that you use and enjoy. Where is it in the product development life cycle? What recommendations do you have for improving the offering to fit your needs better? Be sure to consider the following: What level of quality and consistency does the offering have? How many features does it have and can they be removed or added? Does the design and/or service deliver what the customer values? If not, how...
Where do you see the music industry and/or newspaper industries in 20 years?
Where do you see the music industry and/or newspaper industries in 20 years?
We see that reduction potential and cell potentials are tabulated under standard conditions. We have seen...
We see that reduction potential and cell potentials are tabulated under standard conditions. We have seen that under non-standard conditions. How do we find the non-standard cell potential when dealing with different temperatures and product/reactant concentrations? What happens to the cell potential when there is far more product than reactant, or far more reactant than product? What happens to the cell potential as temperature is increased?
Describe a customer experience you have personally encountered where the good or service or both were...
Describe a customer experience you have personally encountered where the good or service or both were unsatisfactory (e.g., defective product, errors, mistakes, poor service, service upsets, etc.). How might the organization have handled it better, and how could operations management have helped?
In a toroidal solenoid, we have seen that the magnetic field is circular. In such a...
In a toroidal solenoid, we have seen that the magnetic field is circular. In such a situation, where do you think the north and south poles of this magnetic field are located?
1. You are required to choose a product or a service of any industry of your...
1. You are required to choose a product or a service of any industry of your choice. 2. Discuss the features and specifications of the product/service that you've chosen. 3. Explain the law of demand and law of supply of your selected product/service. 4. Explain the elasticity of demand and supply of your selected product/service
When do we see redox reactions during the Calvin cycle? What product has gained electrons? Does...
When do we see redox reactions during the Calvin cycle? What product has gained electrons? Does it have more potential energy before or after gaining electrons?
What do we mean by sunk costs? Where do we see this concept applied most often?
What do we mean by sunk costs? Where do we see this concept applied most often?
Customer Service Discussion Effective Communication We have seen an increase in communicating with customers through social...
Customer Service Discussion Effective Communication We have seen an increase in communicating with customers through social media or some other technology. Why is person-to-person communication (face-to-face) still important for delivering quality customer service?
We, as consumers, have become quite spoiled by the food service industry catering to our desire...
We, as consumers, have become quite spoiled by the food service industry catering to our desire to get our meals exactly the way we want them. Many counter service or "fast casual" restaurant chains like Subway, Chipotle, Five Guys, Yogurtland, Shake Shack, and Zoe's Kitchen are making our meals to order (or allowing us to do so in the case of some of the yogurt restaurants) while we wait. In this type of business model, food is generally less processed...