This term paper will go into great detail on the numerous challenges and opportunities presented by the growth of e-commerce and digital platforms on a global business scale.
– More specifically, go into detail on the challenges and opportunities related customs and tariffs, language barriers, and logistical complexities.
“The global ecommerce growth rate for 2023 is forecast at 10.4%, bringing global ecommerce sales worldwide to $6.3 trillion. This marks a 0.7 percentage point increase from 2022’s growth rate, which followed a massive dip from 2021.” Online platforms intermediate information and communication flows on the internet. They are also key enablers of digital trade across the Single Market and the globe. They increase consumer choice and convenience, improve efficiency and competitiveness of industry, and can enhance civil participation.
Perform extensive research that support your claims on the growth of e-commerce and digital platforms as it pertains to global business, and what challenges and opportunities arise relating to customs and tariffs, language barriers, and logistical complexities.
Provide concrete examples and metrics as evidence of your findings. This term paper should go into great detail based on the given subject, so please be as thoruough and accurate as possible.
Inlcude a works cited page in MLA format as a reference of your assertions.
I attached a few term paper examples as a guide to expectations of research and analysis.