The Digital Economist

In the Digital Economy, e-commerce brings some new technology and new capabilities to business, but the fundamental business problems are those that merchants have faced for hundred or even for thousands of years: Merchants must have something to sell, make it known to potential buyers, accept payment deliver the goods or services, provide appropriate service after the sale.   E-Commerce is not only for big companies. It is the great equalizer of all enterprises. The Micro, Small to Medium sized Enterprises (MSMEs) should consider e-commerce and expand their market reach. It is imperative that MSMEs should engage on e-commerce. With the advent of cross-border trading, international and intra-regional trade will increase exponentially.   Now a days,  It is vital that micro, small to medium enterprises to go online, and automate their business to compete with international brands. Those with manual processes that have slow, redundant, unreliable, ine...

From ancient times to present times, civilization have surfaced and communities have emerged. With this development comes allocation of scarce of resources to satisfy unlimited needs and wants of man. Inventions and discoveries took place; crude hunting weapons;  domesticating plants and animals for human consumption; smelting metals; masonry; architecture;  production and trading of goods and services; better communication and transportation;  then comes the industrial revolution. Historians say that industrial revolution started in  Great Britain. In 17th century Britain, the beginnings of an agricultural revolution would eventually lead to an industrial revolution, changing the country – and the world – forever.  Industrial Revolution Stages Stage 1: Mechanization, water power, steam power The First industrial revolution was the transition to new manufacturing processes in the period from about 1760 to sometime between 1820 and 1840.  ...