Facebook, arguably the most famous social networking site, comes with its own pros and cons. Here in this article, I will try to show some of the advantages and disadvantages of Facebook. Since Facebook is a global social networking site available in various parts of the world, location is not a barrier. Also, with the Facebook translation feature, you can easily connect with Facebook users from different countries and with people who speak a variety of different languages.
Many small businesses invest time and capital to take advantage of business opportunities in emerging markets in countries across the world. An emerging market is an economy that has not yet developed at the same level as those in the first world. The people who live in an emerging market, however, still have plenty of labor to offer and a need for the goods you sell, resulting in some big advantages for companies that establish outposts in these countries.
Increased Demand for New Kinds of Goods Emerging markets often have a growing upper-class population.
These consumers are sometimes interested in purchasing luxury goods previously unavailable in the region. Your small business could benefit if you take advantage of the opportunity to reach customers who have never had the opportunity to purchase them before.
Additionally, the scarcity of your product or service could make it easier for your brand to be seen as a status symbol.
Establishing a Brand and Eliminating Competition An emerging economy may be virgin territory for the goods or services you provide. If you can be the first to offer consumers something new, you may acquire a significant share of the market.
When you are the market leader -- or at least near the top -- you can focus on building your brand and making your company more important in the economy that is taking shape.
Becoming Part of a Growing Infrastructure When your small business expands into an emerging market, you have the opportunity to become part of an economic system that is still forming.
Deloitte, a worldwide financial firm, notes that companies in emerging economies must expand capacity and capability. As large companies build power plants, roads and dams, small businesses step in to provide the locals with the goods and services they need.
Diversification If a business only operates in one place, that business can be more likely to suffer when the local economy takes a downward turn.
When you do business in a number of countries, your company may be insulated from these ups and downs. If profits are down in one place, another branch of your company may make up for those losses. Further, you may benefit from the fluctuations of the value of doing business in different currencies.
Prestige Your business may gain prestige when you are able to tell domestic customers that you have expanded to an emerging economy. Running an international company may earn you new business, as many consumers and fellow business people enjoy working with small businesses whose reach extends abroad.Updated by Gavin Phillips on April 15, In home networks, IP addresses aren’t usually fixed, but they do fall within specific ranges.
Your router will assign a new IP address automatically if another computer joins the network, or if your configuration changes. Benefits of Outsourcing.
An outline of the advantages and disadvantages of one-to-one teaching for students. With so many people on either side of the fence when it comes to recycling, we thought it best to lay it all out on the table. In this article, we’re going to take a closer dive into the advantages and disadvantages of recycling. Encyclopedia of Business, 2nd ed. Strategy in the Global Environment: Str-Ti.
Outsourcing is the latest buzzword these days, as more and more cost and quality conscious businesses all over the world are turning to destinations like India for outsourcing their non-core business processes. In home networks, IP addresses aren't usually fixed, but they do fall within specific ranges.
A static IP address doesn't change.
What are the advantages . Encyclopedia of Business, 2nd ed. Strategy in the Global Environment: Str-Ti. Globalization was the buzzword of the s, and in the twenty first century, there is no evidence that globalization will diminish.
Essentially, globalization refers to growth of trade and investment, accompanied by the growth in international businesses, and . A brand is a name, term, design, symbol, or other feature that distinguishes an organization or product from its rivals in the eyes of the customer.
Brands are used in business, marketing, and advertising. Name brands are sometimes distinguished from generic or store brands..
The practice of branding is thought to have begun with the .