Internet and Its Effect on the Economy

Eliminating the Middleman, how the net income is Changing “Business as Usual” interrogation Question What are the most important changes the Internet is causing in terms of commerce and business practices? Introduction In the last 15 years the Internet has gone from being considered a madness to a major commercial game changer, and companies that don’t adapt to the times face an approaching destruction. The Internet has ca employ changes in many areas, from social networking and entertainment to security and surveillance. An argument cannister be made for the importance of each of those changes and their significance to the in advance(p) world, but they all pale before the effects the Internet has had on commerce. This effect is so notorious that entire industries are having to adapt their business practices, with some market leaders cease up in the backseat if not completely out of the competition. Companies and producers, including those that nominate appeared in recent years, that wish to remain relevant mustiness apply modifications to their business strategies such as competitive pricing, ameliorate customer service and intercourse, and reduction of costs, otherwise they face their deliver extinction.



The Digital Revolution, which started around 1980 and continues to this day, began with the change from analog mechanical and electronic technology to digital technology, and includes the changes introduced by digital computing and communication technology. Computers were root made between the 40s and 50s, but it wasn’t until the 70s that the first personal computer was released to the market. While computers were highly accepted and used by the general public, it wasn’t until developing technologies, such as the Internet, which started being provided publicly in the late 80s, and the World extensive Web, created in 1992, were released, that an explosion in the use of computers occurred. In 1995, the case Science Foundation Network, was decommissioned, and with it were removed the last... If you want to get a full essay, order it on our website: Orderessay



Order your essay at Orderessay and get a 100% original and high-quality custom paper within the required time frame.