global information :: essays research papers

The global information society has transformed the way we do business. One of the about widespread changes is the use of the Internet to develop more efficient communications between suppliers and users of goods and services. This process is c onlyed intermediation. In this module we will look at how rude(a) Internet-based technologies have revolutionized business communications. First we will define intermediation. Then we will examine how technology has affected business communications. Finally, we will look at most of the online technologies that are helping businesses communicate better, faster and more cost-effectively.e-Commerce A Guide to How Technology has Affected Business as We Know It TodayGlossary1.1. achievement processing--Completing a transaction onlinesuch as when a consumer uses a shopping cart to make online leverages.2.2. e-Procurement--All purchasing activities plus all of the monitoring of all elements of purchase transactions3.3. Procurement--The purchase o f goods for resale4.4. Snail mail--mail sent and received via the US Postal Service5.5. B2B (Business to Business)the activities conducted online between two businesses6.6. Shopping cartan electronic tool employ by online consumers to purchase goods and services7.7. Fulfillment troupeoffers services to other companies such as transaction processing, providing security, etc.8.8. HR (Human Resources) the division of a company which hires employees and takes care of all employee-related matters.9.9. EDI (Electronic Data Interchange) when one business transfers computer-readable data into an agreed-upon format to another business.10.10. ISP (Internet Service Provider)a business that provides access to the Internet via modem, DSL, or TI. They similarly provide other services such as e-mail, web hosting, and web design.11.11. Logistics ConsumerBrowsing for information from multiple sites for comparison shopping purposes BusinessDelivery and computer storage activities that will provid e the right goods in the right quantities in the right place at the right time.12.12. GPSGlobal Positioning Systeman access tool which allows the tracking of vehicle location through satellite13.13. Web auctiona site which provides a forum for buyers and sellers to trade items. An auction site usually charges both buyers and sellers many web auctions sell advertising on its pages14.14. Intraneta web-based private intercommunicate that hosts Internet applications on a local area network used for security purposesE-Commerce Changing Face of BusinessAt the dawn of the new millennium, if we look back at the last century, we will realize the changes the creative activity has seen. And even the changes are becoming rapid. The main reason of changes is technological innovation. The ever-changing technology has affected business as well like it has affected all other walks of life.