The Intern yep April 9, 2012 yep The Internet The internet has changed the world as we knew it. The world no longer communicates, does business, or perches commodities in the same a traditional way. E-mail, instant massager and chat rooms were the first innovations to be used by the public. As time went on more and more people depended on the internet to communicate with each other. It did not take long for the U.S. Postal service to see the decline in mailed letters. With the internet being so easy to access and email being so easy to use it quickly became the preferred way to communicate with family and friends over long distances. Companies soon followed suit to better serve their clients. Over time the internet began to take …show more content…
Take President Obama’s campaign for example. President Obama put out campaign messages on You Tube that millions of people saw. This created a buzz on the internet helping him to win the election. The internet has been the rise and fall of many entrepreneurs. For example, the rise and fall of the DOT-com. The DOT-com in a business whose main sail and advertisements are on the internet. DOT-coms are businesses like Yahoo.com and Ebay.com. In the early 1980’s the commercialization of the internet started. This allowed and promoted the DOT-com bubble. The reason so many thought that the DOT-com was a superior way of doing business is because the startup was lower, the rent space was less and you could do business easily with in America and worldwide. There were many other advantages that appealed to startup companies to help finance the DOT-com phenomenon. With the market full of DOT-coms it was only a matter of time before the supply outweighed demand and many of them did not have a positive cash flow to support themselves. The DOT-coms could only stay in business as long as the investors supported them. With no profit in sight the investors pulled out and the stock market dropped. With this drop a panic in sued and investors and stockholders jumped ship causing the bubble to burst. Only the strongest
To begin,the internet has helped us evolve communication. From having to give a messenger you message could take as long as 30 days,to now that we just simply turn on our phones,and click the send button and help us communicate all over the world in just seconds. Before the internet,if you wanted to keep up with the news,you had to walk down to the newsstand when it opened in the morning. Imagine living in a world where sending an urgent text to a friend or a loved one could take up to days or months. This is a perfect example of what
The Internet is a major form of communication. Forms of communication the Internet provides include, Skype, Whatsapp, Social networks, Instant message, and email access. This is important because all these programs are not possible without an Internet connection. The Internet is an evolving form of communication that benefits many businesses. For example the Internet is beneficial to
I believe the internet has created a more competitive market. This competitive market has many buyers and sellers. There are many standardized to individualized products in this market. There are really no real barriers to market entry or exit. The Internet has become a platform that has completely changed the way a company can do business. The internet has allowed small business to become multinational operators because of the market chosen. Price and product quality decision can be made using this market because research
During the time period under discussion from the Regan Revolution to our current President Obama, one major historical turning point was the creation of the Internet. This vast network of linked computers that allowed information to be shared easily and instantly, propelled the information technology of personal computers and cell phones forward at high speed. (Schultz, 2011) The ways that the Internet has changed life in the United States over the past two decades is vast. The economy has widely changed in this new age of technology, American companies reached overseas
Internet bubble: Investors had been stung in 2000 by the sharp declines in technology stocks and to a lesser extent, by declines in the overall market. Certain mutual fund managers were alleged to have advocated the purchasing of particular technology stocks, while quietly selling them. The losses sustained also helped create a general anger among
Over 10 years later and the Internet is still as popular as can be. It makes information incredibly fast to study and find out. News is broadcasted over the Internet everywhere and everyone knows about it within seconds. As Friedman says, “It was about me and my computer interacting with anyone anywhere on any machine, which is what email is all about, and me and my computer interacting with anybody’s Web site on the Internet, which is what browsing is all about.” In a nutshell, people now have all the information they need, conveniently placed with the touch of a
The internet revolution has affected nearly every area of our lives. It has created instant access to information unheard of even 30 years ago. People turn to the internet as a low-cost and convenient alternative to brick and mortar stores, an easy way to learn, unlimited entertainment opportunities, and more.
The internet is the easier way for people to communicate with each other. It has made the world smaller by bringing people together everywhere and any time. This invention has important tools for people to contact and it has changed their way of communication in today busy world. In fact people are becoming totally dependent on the internet as a way of communication in their daily life, business and work. The limitation of old communication tools has made the use of internet for communication is wider all over the world .
When the internet first made an appearance in the business world, outside of government and military use, the term dot.com was introduced. The technical term “.com” is defined as a suffix used to describe a company that uses the internet as a primary or only marketplace for transfer of goods and services. It was being used as a suffix to the several existing web addresses. It only took a few months for .com websites to become the dominant form of business transaction (Simpson & Simons, 1998). The phenomenon behind this story lies in the rapid rise and fall of the dot.com companies and the players, events, and mindsets that accompanied the bubble boom and bust (Simpson & Simons, 1998).
Berstien, B. (2001, May 25). The Madison Courier. Retrieved February 2, 2010, from Ebay CEO survives the dot-com bust: http://news.google.com/newspapers?id=XIxfAAAAIBAJ&sjid=oWQNAAAAIBAJ&pg=6764,5528032&dq=dot+com+bubble+ebay&hl=en
The rapid growth of the internet worldwide in the early 1990s sparked a technological revolution that continues to shape the world we live in today. This boom brought with it the perception of limitless opportunities and success in the "dot com" world. As a result, entrepreneurs of all kinds took to the internet with their ideas. After the initial rush into this new-found gold mine, the advantages of the World Wide Web were apparent to all who came to know and love it. While the success of opportunities appeared to have come to a screeching halt, several entities still continue to make the best of the situation. Today, names such as EBay and Amazon are commonplace in almost every household with a computer and internet connection. But,
Whilst the Internet was originally designed to be an area of vast resource material, it wasn't too long before its potential was realised and that Internet trading was a real business prospect. In the beginning, Businesses simply used the Internet to place advertisements, as a
Technology is influencing just about every part of our lives. On account of the Internet, basically anything you yearning could be conveyed to your entryway in a matter of days. Individual data is more open over the Internet too - you can find everything from a departed cousin to the enlisted sex wrongdoers in your neighborhood. You can even exchange stocks or document charges on the web. Folks don't have to lose slumber sitting tight for their adolescent girl to return - they can simply call her phone, or send an unpretentious content, to examination.
The advent of the Internet has made dramatic changes in every aspect of our lives.
Many believe the internet was an over night sensation, that one day, someone invented the internet and it spread in popularity faster than Tickle Me Elmo or the Macarena. Although the internet did have a surge of commercial popularity, with the invention of Mosaic and later with e-commerce, it was created many years ago with the development of military networking technologies. Also, the internet, unlike many pop culture fads of the nineties, will continue to see a growth in popularity and usefulness as a form of media throughout the information age. Sure, the internet became overambitious to the point where many internet start-up companies lost their businesses in the recession of the past few