The Impact Of The Internet And Sustaining Competitive Advantage

`Technology is not the answer , but understanding how to absorb it to create sweet communication channel line models satisfactory to gain competitive advantage is` (Financial realness 2000 , Special musical composition on network and bankingdiscuss the above quotation in the circumstance of the implications of the meshwork for stemma strategyTechnological advancements in the atomic number 18a of technology and sm opposite are change the suppliers and companies to sell the products and supporters in a cost telling manner without compromising on case . In forthwith s scenario almost wholly disdain has its intranet or profit network Corporate uses internet technology for several(a) strategic purposes . The outset and most important is communication . Businesses are able to extend efficiently , dish s and adm it its partners and members updated . earnings offers a cost effective medium for commutation of tuition . This study can be very decisive for the marketing trading trading operations , human resource anxiety , finance management , add chain management , consumer service and various other business activities Within a tot up chain a club interacts with its suppliers , dealers and distributors , various franchise and other members of the write out chain to make for the available on duration 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 diverse 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 tribe victim isation Internet for various reasons like in! formation sharing commercial activities and many others . The birth of electronic job or e-commerce had brought the great wave of changes in business transactions . It is the activities of buy or selling products or go using internet .

Internet offers a virtual market placeAccording to Kalakotas and Robinson (1999 ) this Internet-based technology , forfeit 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 exa ltation The transactions are made using electronic communication theory technology such as the database , e-books , e-mail , extranets , Internet , and so far 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 wide Web via https . Costumer can use e-shopping carts and with electronic gainful services using credit card fee authorizations . surrounded by 1998 and 2000 , large number of businesses in the United States and western atomic number 63 had created their own Web sites According Ron Kurtus (2000 ) E-Commerce is a subset of business , where products and services are adv ertised , bought and sold over the Internet . ! such technological innovation makes office works and commercial transactions...If you necessitate to get a full essay, order it on our website: BestEssayCheap.com

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