A world in which investment buys new concepts or the means to create them, rather than new machines. A world in which rapid change is a constant. A world at least as different from what came before it as the industrial age was from its agricultural predecessor. A world so different its emergence can only be described as a revolution. The Impact of Electronic Commerce on Rural Areas Communications technology is inherently space-adjusting technology.
Distance is no longer a deciding factor because communication shrinks distance.
They can't compete with CUC or Wal-Mart on the number of items they sell, but they can make the experience more satisfying and personal. Companies in rural Minnesota can even capitalize on the vision that folks at a distance have of the state, particularly, the image of a pristine border lakes region. Part One and Part Two . The rise of electronic commerce is going to affect the way you do business and how profitable your business will be in the future. All rights reserved.