Business on the Internet

The mesh or World Wide Web which is the date 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 capacity of transactions. on that point ar some renowned examples of firms which have seemingly changed the disposition of competition in their markets, and employ the Internet to forge refreshed markets. For example, Amazon.coms entire argumentation proposition is to supply cheap products to consumers through a beam relationship conducted over the Internet. withal many airlines e.g . Ryanair, British Airways be reducing the cost of ticketing trading operations and cutting let out intermediary agents by selling instantly to the consumer. Some markets where in that location is no physical product e.g fiscal services argon crabbedly suited to being bought and exchange over the Internet, and there are industries under genuine nemes is from the Internet e.g. the impact of the Internet on high-street music sales. further clearly not every(prenominal) business is suitable to be conducted over the Internet. For example, I cannot regain my car fixed without pickings it to a mechanic. However, there is a lot scope for the Internet to fly the coop in the cheer chain process e.g. my mechanic could debase discounted spares over the Internet. The in brief answer to the question therefore is that it depends upon the particular circumstances in which the firm is operating and there are no simple 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 constitute by this new mode of doing business. ostiarius (2001) argues... If you w! ant to hold a full essay, order it on our website: OrderEssay.net

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