Even so, the most far-reaching effects of e-commerce derive not from the reduction of costs but from the effect on demand, its empowerment of consumers at the point of transaction. The explosion of information about alternative sources of supply, prices and different quality, and the availability of Corset Prom Dresses software to help the consumer make their choice, increases the responsiveness of consumers. In economists' jargon, it increases the elasticity of demand. The result is to force suppliers to operate with lower margins and to seek to maintain or increase profitability through higher volumes.
This simple effect combined with widespread cost savings, passed on to consumers in lower prices, will lead to large improvements in living standards. The Baltics, and Estonia in particular, are well-placed to take advantage of their reactive and proactive stance to this new economy. I see no reason why the early nineteenth century should have a monopoly on dramatic changeover points in economic history. Indeed, I suspect the next five years will show that the transactions revolution is a transformation every bit as High Low Prom Dresses as the Industrial Revolution. o Thomas Gurtner is the regional managing partner of Deloitte & Touche in the Baltic states and is based in Estonia.
Founded three years ago, Estonian Society for Bodybuilding Development (EKAS) includes 70 active members disseminating information on the right way to build a better body. Although EKAS's members do not visit schools, the society is propagating bodybuilding as a sport among younger people Mermaid&Trumpet Prom Dresses the Internet. "From our Web site anyone can send questions regarding the right training routine or anything else and get the answer from the best specialists," said Ott Kiivikas, a society board member and overall bodybuilding champion of Estonia. One of the priorities of the society is supervising the work of Estonian bodybuilding instructors and maintenance of their database. "We want to eliminate unprofessional instructors that may harm their students with unprofessional methods," said Kiivikas. EKAS also organizes training courses for the instructors to increase their professional level. The very first national bodybuilding competition in Estonia was held in the autumn of 1966 in Tallinn. According to Innar Mardo, the secretary of EKAS, Estonians practiced bodybuilding even earlier. The most recent competition, the 32nd Estonian National Bodybuilding Championship, drew a large crowd in Salme Hall on Oct. 29, but only 23 contestants in eight weight and age groups. Mardo said bodybuilding is an expensive sport. To be in good shape, an athlete needs one protein pack per week that costs 200 to 500 kroons ($10.8 to $27). That makes about 1,000 to 2,000 kroons per month, and not everybody can afford it, especially younger people, he said. "It is not reasonable to use simple food instead of protein - the Short Prom Dresses of meat and vegetables needed would cost even more," said Mardo.