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Stakeholders affected by increased online spending
Society as consumers
- - Increased product choice, accessibility, convince, cheaper prices.
Employers/ Employees
- increased unemployment due to harsh competition illuminating job opportunities at store front businesses.
Government
- Decrease in Government revenue due to decrease in GST collections as consumers are purchase imported products
Small Businesses
- Introduced harsher competition make it harder for small businesses to compete, leading to closure of Australian small, youth businesses
Suppliers
- Australian suppliers are being replaced with international suppliers and manufactures as consumers purchases more online goods with cheepers prices
Information
- Description
- Mind Map on Untitled, created by 12126 on 04/06/2014.
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- 12126
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