Page 421 - Cambridge IGCSE Business Studies
P. 421

IGCSE Business Studies           Student CD-ROM



            Opportunities and threats of e-commerce for business



                                                                                            Increased market



                                                                                           Reduces staffing and
                                                               Opportunities for businesses
                                       The use of the internet and                           premises costs
                                       other technologies used by
                                       business to market and sell
                                         goods and services                                 Can provided more
                                           to consumers                                  information through website
                  E-commerce                                                                  to customers



                                                                                           Increased competition

                                                                 Threats for businesses
                                                                                         Consumers less likely to buy
                                                                                         products from businesses
                                                                                             they don’t know

































































            © Cambridge University Press 2014  IGCSE Business Studies                    Section 3 – Mind maps  8
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