Entrepreneurship·Research and market research · NSSCO 2.2
EPZs, e-commerce & international entrepreneurial opportunities
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Opportunities for an entrepreneur are not only in your own street or town. You can produce goods for export and sell online to customers all over the world. In this lesson Miss Maria opens three doorways to that wider world: export processing zones (EPZs), e-commerce, and international entrepreneurial opportunities. We define each one clearly, weigh its advantages and disadvantages, work a simple exchange-rate example, and see why good research must come first.
What you'll learn in this lesson
By the end you should be able to (NSSCO Entrepreneurship 2.2):
- Define export processing zones (EPZs)
- Explain export processing zones (EPZs) and their advantages and disadvantages
- Define e-commerce
- Explain e-commerce and its advantages and disadvantages
- Explain international entrepreneurial opportunities with its advantages and challenges
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