Purchase Solution

Internet and business

Not what you're looking for?

Ask Custom Question

The Internet Effect on Business

Discuss how the Internet has changed the face of doing business today. What are the positive effects of the Internet on business? What are the negative effects of the Internet on business?

Please Reference your source(s).

Purchase this Solution

Solution Summary

This provides a brief explanation of how the internet has affected business.

Solution Preview

Internet Has Changed the Face of Business

Internet for Business communication
Internet has a lot of benefits to use it as a means of communication, first it is very cheap as compare to telephones to communicate, it is very useful to advertise your products worldwide at a very cheap rate as compare to advertise it through a magazine or on a TV channel, also if a business company wants to share their files with their foreign companies, they can do it via internet, internet has a lot of enhanced features such as messengers, bidding websites, selling product sites like alibaba.com, so it makes communication more beautiful and interesting.
The internet has rapidly become a major force in the marketing equation for many consumer products. It has also dramatically changed the business and market equations. By this technology development the strategies of modern business has framed a new face for satisfying their customer's needs with perfection.
• Educating the Consumer
The internet began largely as an information and research vehicle. The business people can make the customers know everything about their business transactions at home site. Consumers can now sit down in the convenience of their own home and learn about your product.
• Customer Initiated Interaction
The internet has empowered consumers with an improved ability to easily begin contact with the company to learn about their products or acquire them ...

Purchase this Solution


Free BrainMass Quizzes
Team Development Strategies

This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.

Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

Writing Business Plans

This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.

Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.

Production and cost theory

Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.