Impact on Business by Internet and Computer Technologies
“Enthusiasts, however, praise the Internet not simply for its undeniable advantages that it provides for businesses but for its ability to transcend national boundaries, for making space and distance irrelevant, and above all for sucking away powers from political and economic elites, big businesses, and governments (Dyson, 1998).[6]” Even caveman knows what internet is. Internet and its technologies are playing a major role in the business starting from the corporate giants to home based businesses. Technologies like email, chat, web conferencing, e-business, and teleconferencing improved the business and made them globally available. Internet technologies like Voice over IP, Web conferencing not only helps the business, but also helps them to reduce the cost, time and resources. Large companies which have its offices in various geographic locations can interact with each using teleconferencing, web conferencing, emails, etc. Large companies use the web conferencing method to conduct their interviews, training sessions for the staff and reduce the time, cost and resources usage for the company. Major companies now days provide telecommunicating service securely using the virtual private network. The massive improvement of the internet impacted even the online business (e-business) where consumers can buy online securely, just like they would do it at a shopping center and they even provide a 24/7 live support using the chat system, email system and what not.