With the arrival of 21st century, there is a rapid growth in the development of using Internet as a marketplace between consumers and business and business and business. It becomes a core machine for commercial transaction. For thriving or even survival, we, as a customers or enterprises, ought to closely grip with the prompt development of this innovated new business environment. There are many people across the world to the Internet, especially business communities which regard the changes brought about by Internet as an opportunity. We also have been benefited by the changes.
It is because there is a potential for us to have wide, flexible Internet shopping all over the world. We can now break the restriction of traditional market of buying and selling goods and services in local market. In other words, Internet opens a global market for both customer and business as long as breaking the limitation by the geographic area they are living. Therefore, giving business ability attracts or undertakes business with new customers and clients around the world outside traditional market. Apart from the above reason, there are many other reasons 'why companies adopt Internet?
' Firstly, an increase in the pace of doing business is provided. Secondly, it can be acted as a powerful research tool of getting business information, news, academic information, market intelligence and so on from all over the world. Thirdly, the increased in competitive pressure derived from market sectors environment, companies without web are going to get an immediate lag and disadvantages. Finally, there is a relatively lower infrastructure cost incurred by operating via web site rather than a brick-and mortar shop or office.
Those reasons related to the adoption of Internet of business mentioned above are the success of the Internet that some companies have been created to undertake trade solely through Internet. Market sectors success in trading via Internet includes bank, insurance companies and home shopping organizations. Internet is changing the way business sells products, services and communicates with clients and it provides opportunities for a significant increase in business-to business commerce, and e-commerce has been adopted as the term for doing business electronically.
Although the principles of e-commerce are broadly similar to Electronic Data Interchange (EDI), the former utilizes the Internet's email and World Wide Web (WWW) features. There are additional risks around the security offered by the Internet; they are the primary growing risk of audit trail, interrogation, security, reliability and privacy. These will need to be fully resolved before organizations have the confidence to shift to electronic trading on the net. It is because Internet originally developed as an opening system sharing information all over the world.
Soruce: https://businessays.net/burger-king/
It is because there is a potential for us to have wide, flexible Internet shopping all over the world. We can now break the restriction of traditional market of buying and selling goods and services in local market. In other words, Internet opens a global market for both customer and business as long as breaking the limitation by the geographic area they are living. Therefore, giving business ability attracts or undertakes business with new customers and clients around the world outside traditional market. Apart from the above reason, there are many other reasons 'why companies adopt Internet?
' Firstly, an increase in the pace of doing business is provided. Secondly, it can be acted as a powerful research tool of getting business information, news, academic information, market intelligence and so on from all over the world. Thirdly, the increased in competitive pressure derived from market sectors environment, companies without web are going to get an immediate lag and disadvantages. Finally, there is a relatively lower infrastructure cost incurred by operating via web site rather than a brick-and mortar shop or office.
Those reasons related to the adoption of Internet of business mentioned above are the success of the Internet that some companies have been created to undertake trade solely through Internet. Market sectors success in trading via Internet includes bank, insurance companies and home shopping organizations. Internet is changing the way business sells products, services and communicates with clients and it provides opportunities for a significant increase in business-to business commerce, and e-commerce has been adopted as the term for doing business electronically.
Although the principles of e-commerce are broadly similar to Electronic Data Interchange (EDI), the former utilizes the Internet's email and World Wide Web (WWW) features. There are additional risks around the security offered by the Internet; they are the primary growing risk of audit trail, interrogation, security, reliability and privacy. These will need to be fully resolved before organizations have the confidence to shift to electronic trading on the net. It is because Internet originally developed as an opening system sharing information all over the world.
Soruce: https://businessays.net/burger-king/
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