Determining the future success of businesses


Response to the following problem:

You Decide: With advancements in the Internet and e-commerce, will retailers be important to the future success of businesses, or will their services be eliminated in order to decrease costs?

Companies such as Amazon.com and eBay eliminated retailers altogether and have changed the way their customers shop. Amazon.com and eBay have no physical store locations. Customers order their products over the Internet and pay shipping to have goods delivered to any location they choose. Amazon.com and eBay are able to pass the extra savings on to the consumer in the form of lower prices. Will retailers be completely eliminated in 15 years? What do you think?

 

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Cost Accounting: Determining the future success of businesses
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