Business on the Internet

The meshwork or World Wide Web which is the occupy topology of computers linking individuals and organisations worldwide has undoubtedly enabled some firms to gain a competitory advantage, through bring down the cost and increase the cogency of transactions. on that point argon some celebrated examples of firms which have seemingly changed the disposition of competition in their markets, and utilise the Internet to forge refreshed markets. For example, Amazon.coms entire melodic line proposition is to supply cheap products to consumers through a transmit relationship conducted over the Internet. withal many airlines e.g . Ryanair, British Airways argon reducing the cost of ticketing trading operations and cutting bring out intermediary agents by selling instantly to the consumer. Some markets where there is no physical product e.g fiscal services are crabbedly suited to being bought and exchange over the Internet, and there are industries under genuine nemesis from the Internet e.g. the impact of the Internet on high-street music sales. further clearly not on the whole business is suitable to be conducted over the Internet. For example, I cannot rag my car fixed without pickings it to a mechanic. However, there is very much scope for the Internet to fly the coop in the measure out chain process e.g. my mechanic could debase discounted spares over the Internet.

The succinct answer to the question therefore is that it depends upon the particular circumstances in which the firm is operating and there are no undecomposable rules. Nevertheless, it is clearly important for firms to be certified of the potential offered by the ! Internet for conducting business, particularly in reducing cost and efficiency to the customer. It is therefore recommended that all firms, whatever size or in whatever industry, think strategically some how to respond to the challenges be by this new mode of doing business. ostiarius (2001) argues... If you want to decease a full essay, order it on our website: BestEssayCheap.com

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