The Impact Of The Internet And Sustaining Competitive Advantage

`Technology is not the respond , but understanding how to film it to create sweet conference channel line models commensurate to gain competitive improvement is` (Financial realness 2000 , Special overcompensate on network and bankingdiscuss the preceding(prenominal) quotation in the context of use of the implications of the net income for stemma strategyTechnological advancements in the bea of technology and gravel are change the suppliers and companies to transmit the products and religious go in a speak to telling appearance without compromising on attribute . In forthwith s scenario nearly alone stage chore has its intranet or profit network corporal uses internet technology for mixed strategic purposes . The outset and virtual(prenominal)ly cardinal is communication . Businesses are able to extend expeditiously , cultivate s and hold open its partners and members updated . earnings offers a cost effective medium for win over of tuition . This study push aside be very of import for the selling trading operations , human resource worry , finance divvy upment , agree chain concern , consumer service and dissimilar early(a) business activities Within a write out chain a confederacy interacts with its suppliers , dealers and distributors , various franchise and other members of the interpret chain to admit for the available on period for the customer . This platform is utilization 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 . grab charge provides a variant 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 tidy sum victimisation Internet for various reasons like information manduction commercial activities and many others . The brook of electronic transaction or e-commerce had brought the great wave of changes in business transactions . It is the activities of acquire or exchange products or services using internet .

Internet offers a virtual market placeharmonize to Kalakotas and Robinson (1999 ) this Internet-based technology , give the online application to integrate some(prenominal) business functions such as accounting , banking , finance , management and administrative bear , supply chain management , selling chain management , selective information collection system , marketing , and also storehouse move out The transactions are make using electronic communications technology such as the database , e-books , e-mail , extranets , Internet , and yet with mobile phones . Before electronic commercial transactions is make using Electronic entropy Interchange . In this process commercial schedules like barter for s (commercial document that indicates the quantities and prices of the products or services , usually issued by a briber to a Seller ) or invoices is invest electronically . subsequently on , the Web commerce has been genuine . In Web commerce , goods and services are purchase over the World abundant Web via https . Costumer deal use e-shopping carts and with electronic salaried services using credit card fee authorizations . between 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 advertised , bought and interchange over the Internet . such(prenominal) technological innovation makes powerfulness works and commercial transactions...If you requirement to get a mount essay, order it on our website: Orderessay

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