Beyond the Review: Why Are Business Owners Really Upset with YELP? With the advent of Web 2.0 Internet, the world began to interact with technologies not as clouds in the sky that were unreachable. 2.0 brought on the collaborative web where anyone could participate and more importantly influence public opinion. YELP, and its app, provides consumers an opportunity and platform to review a business and aid fellow travelers to be well informed consumers by following reviews of restaurants, retail…
Defining the Market The four major purchase transactions worldwide in the consumer payment industry are done by Visa, MasterCard, Union Play and Amex. In 2014, together Visa and MasterCard represented about 84% of the market share (Visa with about 58% and MasterCard about 26% of the market share) (see appendix I). In the Notably, Visa and MasterCard are set up as a cooperatives of banks. According to mainstream economics, when firms instead of competing decides to collude. They may jointly…
First and foremost, we would like to thank you for the opportunity you have given us to work with your company in order to find a solution to overdue accounts payable. Currently, the Disbursements at Ramsville are having trouble making payments on time to their supplier. At the moment, the company has almost 6.5% of your accounts payable overdue, that has led to impacting further shipments of parts. If the problem of overdue accounts payable doesn’t get addressed, it could lead to missed…
Groupon was once the global leader in the e-commerce industry, achieving the reputation as the “fastest growing company in history” with their local coupon daily deals offering attractive discounts to local goods, services, and experiences to their millions of subscribers (Mason, 2015). The future was promising as they intended to be the vehicle connecting customers to small local businesses which may not have had the necessary funds or experience to reach out to potential customers. The…
substantially affecting interstate commerce, then the Affectation Doctrine grants Congress the power to regulate that activity. The Affectation Doctrine apply to restaurants and business refusing to serve people of color and it is also applied to the segregation in interstate bus terminals. As it is stated in the Constitution, based on the Commerce Clause, the Congress has power to regulate interstate commerce. With the Affectation Doctrine, it takes local activity and changes it into…
Improving the Retail Alarm System According to the National Shoplifting Prevention Association (NASP), retail stores across America roughly lose over 30 Billion dollars due to shoplifting. Working for a retail store for almost 3 years now, I have come to witness many different shoplifting experiences. An experience that comes to mind was when two tall men walked out the store having both arms filled with purses. And all we could do is watch them walk out the store with all those merchandise. As…
I look at this practice as being very unethical. Purchasing an item (whether on credit or by cash) with the intent of using it for a period of time and then returning it is deceitful. It’s obvious that “Amy Martin” is purchasing items with a clearly formulated plan to return them after she has used them because she can’t afford to keep them. The premeditated plan is what makes this a fraudulent act. Purchasing merchandise with the intent of keeping it, and then deciding that it’s not right the…
a. The child’s first goal in her original task of creating a machine to make spaghetti is to put a pole in the hole of one box and put the other side of the pole into the hole of another box, so they are connected. She observes that the pole will not go through the hole in the box. She then takes off the ribbed cylinders on each side pole, and slides the boxes with holes in them back down the poles. Her goal is still trying to place a pole in the side hole of one cube to connect it to the cube…
transit of a vessel along the coast (coastal trading), from one port to another within the territorial limits of the nation ”. In other words, the Jones Act is a series of cabotage laws regulating commerce within the jurisdiction of the United States. Throughout the development of international commerce, cabotage laws have been a source of controversy. The Pro-cabotage movement claims that these laws are necessary in order to “protect domestic shipping market and the jobs associated the U.S.…
Imagine yourself after a long, stressful work week: meetings to attend to, deadlines to meet, kids practice to get to on time. For me I have school and homework to add on to that list of already stressful activities. Needless to say, we are busy and stressed out. Now imagine taking a few minutes to browse online and “window shop” at whatever you wanted to or better yet actually going to a store, taking the time to browse to find that perfect something and purchasing it. Wouldn’t that make you…