Questions: Over the years, you developed a friendship with Atieno, the owner-operator of a fast food restaurant.
Question:
Questions:
Over the years, you developed a friendship with Atieno, the owner-operator of a fast food restaurant. Because of recent government regulations in relation to managing the current pandemic, Atieno has decided to close the retail aspect of his business and move it online. He turns to you for help, as you are the friendly neighborhood Computer Scientist.
PLEASE ANSWER ONLY a)
a) Discuss four aspects, from a legal standpoint, of moving her business online that Atieno needs to consider that would be different from operating a retail location.
b) Moving online enables Atieno to consider alternative business models to the traditional ecommerce merchant model. Discuss two business models that might be relevant to her coffee business highlighting both the business activity and financial model.
c) Choose one of the business models you identified above and discuss what activities Atieno might need to use to implement the model, along with the metrics she could use to measure if she is being successful or not.
Introductory Econometrics A Modern Approach
ISBN: 978-0324660548
4th edition
Authors: Jeffrey M. Wooldridge