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Comparing Environmental Policies in Brazil and the U.S.

  Cross-border transactions from Brazilian e-commerce companies To overcome the issues outlined above, merchants must devote time and effort to ensuring that all cross-border obstacles are addressed. Merchants should ensure that their payment gateways can handle foreign transactions and examine the refund process.  Logistics-wise, merchants can employ a cross-docking strategy by selecting brokers to reduce the bureaucracy and logistics of export procedures, as well as exchange and return operations. Forming commercial agreements with important markets might help facilitate clearance.  At the same time, it will strive to assess the challenges faced by businesses existing in Brazil or expanding into global markets. These problems include suffocating bureaucratic procedures, high taxes and complex tax systems, poor distribution infrastructure, a scarcity of talent, political instability, and an unpredictable economic climate. Supplemented with case studies from Netshoes Group and B2W Digi

Technology important to the American economy

How the tech business has changed the American economy

In the U.S., 42 states put the technology business in the top 10 and 22 states put it in the top five for economic growth. Since 2007, there has been a steady rise in the share of real economic growth in the US that can be attributed to the technology industry. The three main parts of the business are I software and services, II technology hardware and equipment, and III semiconductors.

The IT industry is growing all the time because new technologies like 5G, the internet of things (IoT), cloud computing, AI, machine learning, and computer automation are being used and developed so quickly. The US IT business makes more than 40% of all the money made in IT around the world. CompTIA says that there are more than 557,000 software and IT service companies in the US. The tech industry leads to about $1,879 billion in output, which is about 10% of the whole economy.

New Tools and People Resources

The way people do their jobs has changed because the internet has added to or taken over a lot of jobs. Some jobs are being cut and some are being added because of changes in technology. It all began in the 1990s, when there was a greater need for IT experts. A study by CompTIA found that there were over 12.1 million tech workers in the US in 2019. This is a 23% rise from the previous decade.

To give just one example, the internet business is creating more jobs everywhere. So that they can make more money, businesses are spending more on IT. It's important to note that companies that invest wisely in software technology do better than those that don't. Changes in the workplace

Technology changes have made it possible for people in the country to work from home. The rise of highly skilled virtual workers on sites like Upwork is an example of how the tech industry has changed the way work is done. Software like Zoom, Slack, and Google Suite also make it easy for employers to let their workers work from home. According to statistics put together by FlexJobs, more than 3.4% of Americans work from home. The number of people who work from home has grown by 44% in the last five years.

Getting the workforce to work more efficiently

Automation is making the work easier by streamlining the steps. In the first 80 years that they were used, power looms could make 2.5 times as much cloth per hour as they can now, which is a rise of 80 times. A lot of different businesses are also becoming more productive thanks to advances in technology. Customer service is one place where technology has come in handy. Chatbots are used to help people with technical issues when they order products, make plans, or ask frequently asked questions.

A lot of new fintech companies

Technology is also being used by banks to make their operations more efficient and give their users a better experience. Technology has made a lot of progress possible in areas like mobile banking, digital currencies, and blockchain. The traditional banking and financial industries are going through huge changes because of these fintech innovations. Fintech companies are moving more and more toward unique products and services for each customer. Fintech companies are using the fact that more and more people have access to smartphones and the internet to make banking services and cash flow more available to more people. It used to be that most financial technology companies were run by non-banks, but banks are beginning to change their minds about these companies. In this field, partnerships and working together are becoming more popular. Fintechs are making jobs and other opportunities possible, which is good for the US economy. A steady flow of money has been going into fintech companies. The amount of money that US Fintechs raised in 2018 was over $12.4 billion. This is a 30% increase in all venture capital investments. In terms of investments in banking technology, the United States is still the best place to go.

The creation of whole new goods and markets

A lot of different fields, not just business, have been changed by technology. As the technology has created new fields and turned others on their heads, it has been both a gift and a curse. The huge rise in mobile internet use has directly led to a lot of people making apps for smartphones. A lot of businesses are making their own mobile apps to better serve their customers. The app business in the US is booming because people here were so quick to adopt new technologies. There are now jobs for software engineers and coders thanks to the trend. You can find more than 38,245 apps made in the US on Google Play.

In the same way, technology is also changing healthcare. It was only 16% of hospitals and clinics that used EHRs in 2009. These days, more than 80% of hospitals use electronic health records.

Both directly and indirectly, the tech industry has raised living standards across the country and made a big difference in the growth of the US economy by creating millions of jobs. It has changed the economy and culture at the same time. These days, technological wonders like computers and the internet are necessary for everyday life. The best R&D and educational institutions in the country were able to help technology get used early on by getting money for basic study. This made it possible for commercial uses to start appearing.


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