The Impact Of The Internet And Sustaining Competitive Advantage

`Technology is not the answer , but understanding how to involve it to create sweet communication channel line models able to gain competitive advantage is` (Financial realness 2000 , Special plow on network and bankingdiscuss the above quotation in the consideration of the implications of the meshwork for stemma strategyTechnological advancements in the bea of technology and knock over are change the suppliers and companies to sell the products and dishs in a cost telling manner without compromising on note . In forthwith s scenario almost each origin has its intranet or profit network Corporate uses internet technology for versatile strategic purposes . The outset and most important is communication . Businesses are able to extend efficiently , touch s and go forward its partners and members updated . earnings offers a cost effective medium for deputise of tuition . This study can be very life-or-death for the marketing trading operations , human resource counseling , finance management , add chain management , consumer service and various unlike business activities Within a make out chain a club interacts with its suppliers , dealers and distributors , various franchise and other members of the hang on chain to make for the available on date for the customer . This platform is employ for the business proceedings . The business-to-business legal proceeding 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 different 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 sight victimisation Internet for various reasons li ke information overlap commercial activitie! s and many others . The birth of electronic duty or e-commerce had brought the great wave of changes in business transactions . It is the activities of acquire or selling products or service using internet .

Internet offers a virtual market placeAccording to Kalakotas and Robinson (1999 ) this Internet-based technology , support the online application to integrate several business functions such as accounting , banking , finance , management and administrative bear , supply chain management , selling chain management , data collection system , marketing , and also storehouse guide The transactions are made usi ng 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 through 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 gigantic Web via https . Costumer can use e-shopping carts and with electronic paying services using credit card fee authorizations . amid 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 , bought and sold over the Internet . such technological innovation makes office wor! ks and commercial transactions...If you motivation to get a full essay, order it on our website: BestEssayCheap.com

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