The Impact Of The Internet And Sustaining Competitive Advantage

`Technology is not the answer , but understanding how to interest it to create sweet communication channel line models fitting to gain competitive advantage is` (Financial realness 2000 , Special say on network and bankingdiscuss the above quotation in the mise en scene of the implications of the net income for stemma strategyTechnological advancements in the ara of technology and squabble are change the suppliers and companies to sell the products and servicings in a cost telling manner without compromising on eccentric . In forthwith s scenario almost every logical argument has its intranet or profit network Corporate uses internet technology for divers(a) strategic purposes . The outset and most important is communication . Businesses are able to extend efficiently , serve s and come about its partners and members updated . earnings offers a cost effective medium for metamorphose of tuition . This study can be very pivotal for the marketing trading operations , human resource forethought , finance management , add chain management , consumer service and various early(a) business activities Within a furnish chain a club interacts with its suppliers , dealers and distributors , various franchise and other members of the fork out chain to make for the available on prison term for the customer . This platform is employ for the business proceedings . The business-to-business proceedings as well as consumer markets are largely influenced by itE- duty is not a new word to the business world today . nett charge provides a unlike platform to reach to consumer and manage both day operations . It has become strategically important for the incorporate to integrate all its business activities through technology . The metrical composition of lot victimisation Internet for various reasons like information share-o! ut commercial activities and many others . The birth of electronic trading or e-commerce had brought the great wave of changes in business transactions . It is the activities of purchasing or selling products or go using internet .

Internet offers a virtual market placeAccording to Kalakotas and Robinson (1999 ) this Internet-based technology , lead the online application to integrate several business functions such as accounting , banking , finance , management and administrative bear , supply chain management , selling chain management , entropy collection system , marketing , and also storehouse transfer T he transactions are made using electronic communications technology such as the database , e-books , e-mail , extranets , Internet , and change surface with mobile phones . Before electronic commercial transactions is make using Electronic Data Interchange . In this process commercial schedules like purchase s (commercial document that indicates the quantities and prices of the products or services , usually issued by a purchaser to a Seller ) or invoices is send electronically . subsequently on , the Web commerce has been developed . In Web commerce , goods and services are purchase over the World huge Web via https . Costumer can use e-shopping carts and with electronic nonrecreational services using credit card fee authorizations . amidst 1998 and 2000 , large number of businesses in the United States and western europium had created their own Web sites According Ron Kurtus (2000 ) E-Commerce is a subset of business , where products and services are advertised , boug ht and sold over the Internet . such(prenomin! al) technological innovation makes office works and commercial transactions...If you requirement to get a full essay, order it on our website: BestEssayCheap.com

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