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Wednesday 11 January 2012


Identify the FIVE high impact fundamentals indicator in an industry foreign exchange (FOREX) and how are they impacted by e-commerce technology?

1. It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity.

      2.  It's an excellent gauge of future construction activity because obtaining a permit is among the first steps in constructing a new building

      3.  It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment.

4.   It's a leading gauge of future construction activity because obtaining government approval is among the first steps in constructing a new building. Construction is important because it produces a wide-reaching ripple effect - for example, jobs are created for the construction workers, subcontractors and inspectors are hired, and various construction services are purchased by the builder.


5. Export demand and currency demand are directly linked because foreigners usually buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers.

They are impacted by e-commerce technology by depending on the  activities like businesses trading with other businesses and internal processes that companies use to support their buying, selling, hiring and planning. E-commerce is generating thousands of new jobs for young managers in all fields from marketing to a management, entrepreneurial studies, and information systems. Today, E-commerce has move into the mainstream life of established businesses that have market brands and financial muscle required for the long-term deployment of E-commerce technologies and methods. E-commerce is not only about business and technology. E-commerce and Internet technologies have important social consequences which mean E-commerce has challenged our concepts of privacy, intellectual property, and even ideas about national sovereignty and governance. As a result of these challenges to existing institutions, E-commerce and the Internet is the subject of increasing investigation, litigation, and legislation that we have now.


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