The Advance of eBusiness Essay

How has the rise of the World Wide Web changed business practices? What are the benefits and drawbacks for business? For consumers?

Looking back, technology has always been a part of our culture. Over time it has just looked differently and it has changed in many ways. One of the main technological features, the Internet, or what it originally was referred to, the World Wide Web, has made the most significant advances. In 1992, researchers from the University of Illinois created a browser called Mosaic. It allowed a simple way to search the web. Once word got out Congress allowed for companies to use it for commercial use and its popularity just spread. Websites, blogs, business and social media have taken us over by storm. The transformation of digital television, laptops, and cell phones have also completely defined our culture and how we integrate into society. The internet has brought all cultural, socioeconomic and educational and business groups together, but not without a price to many.

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.

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

Today’s businesses wouldn’t exactly get far with the loss of the internet, either. Emails from corporate branches, sharing of information, archiving numbers and statistics, just to name a few. Without an online presence, a business is hardly well known, and almost never efficiently organized. Advertisements online net thousands of hits a day, propelling business recognition to new heights and their customer base even further. As a consumer, a company that has a web page is more easily accessible, more reliable and therefore preferred over those that do not. Not having a webpage is almost unheard of for any business venture anymore.

An increase in Internet maturity, correlates with an increase in real per capita GDP on average of $500. Looking back to the Industrial Revolution, it’s growth took 50 years to achieve these same results. This demonstrates both the magnitude and impact the internet delivers to all levels of society. In the French Economy, the internet had reported to have destroyed 500,000 jobs over the past 15 years, but has also over those same amounts of years has created 1.2 million new ones. For every job the internet has taken away, it’s created twice the amount. It’s safe to the internet has been able to increase the worlds GDP bringing great growth to the

Describe the insight generation process used at Ben & Jerry’s. What benefits did Ben & Jerry’s achieve from utilizing the process?

The Internet makes the world smaller. The ability to communicate and exchange information instantaneously and across enormous distances has enabled more individuals and businesses to participate in the economy, regardless of their location. Corporations can connect with suppliers, employees, and customers around the globe, and smaller businesses can find their customers anywhere in the world. Businesses can hire knowledge workers almost regardless of where they are, greatly expanding employment opportunities for people in the United States, and giving developing nations the ability to become economic powerhouses by providing information technology services to the rest of the world (Gates). The Internet, along with other computer technologies, is literally enabling some developing countries to "leapfrog" the industrial revolution and jump straight to the Internet Age (Malaspina 77).

Evaluate how successful a selected business organisation has been in preparing for the growing use of e-business.

The web is changing us just as the printing press changed us back in the 1300s. No one knows if it is for better or for worse. This generation seems to be always using the internet. We have changed as a culture. We can do almost anything online. Children and young adults sometimes spend their whole summer inside using various pieces of technology, like phones, tablets and laptops. Nobody has free time to do things other than use technology anymore. Just like the internet, the printing press made a huge impact on us. We progressed in literature because all the inconsistent spelling and grammar found in the different copies of books that were handwritten were now gone because every copy was the same. Print was now available to the public and

E-commerce Explain what is meant by the term ‘E-commerce’. It is the conducting of business communication and transactions over networks and through computers. As most restrictively defined, electronic commerce is the buying and selling of goods and services, and the transfer of funds, through digital communications. However EC also includes all inter-company and intra-company functions (such as marketing, finance, manufacturing, selling, and negotiation) that enable commerce and use electronic mail, EDI, file transfer, fax, video conferencing, workflow, or interaction with a remote computer. Electronic commerce also includes buying and selling over the Web, electronic funds transfer, smart cards, digital cash (e.g.

You can buy anything from baby food to prescription drugs on the internet and it will be delivered in a timely fashion to your front door. No line, no commute time, no annoying shoppers and no incompetent sales persons.

This essay focuses on the impact that the interent has had on modern society. I will give a brief history of the internet, talking about its origins and the key developments that have occured up until now. Then look at how the internet has changed society so far, including how it has changed social interactions, e-commerce and jobs. Also discussing the advantages and disadvatages of the interent and if we are better of with the internet, how i think the internet will develop and finally drawing my own personal conclusion.

revenues via e-commerce in the next two to three years (Richter, 48). The core of e-

The internet, what a wonderful example of connecting two people thousands of kilometres away with only the touch of a button. How extraordinary to think that in the pocket of most people is a device that connects one to unthinkable amounts of data and people only with the touch of a button. Almost all of us use smartphones on a daily basis. Smartphones work best when certain applications that supply different services are used (Basu:2008). Thus, developers saw a gigantic gap in the market of online applications and software sales. People sell different applications and software to different people in different countries throughout the world even though they aren’t physically present in the countries that the sales are made.