Open 10+ pages impact of internet on business ppt answer in PDF format. Use of the internet in business enables companies entrepreneurs small scale business owners to find the growth and marketing opportunities in the new locations and country. Communication technology combined with the internet has given a new dimension to connectivity and dispersion of information. From dramatically diminished consumer discretionary spending to a freeze on business activities including capital budgets hiring and a reduction in everything but. Read also impact and impact of internet on business ppt The use of computer systems to reduce the time and effort involved in producing and delivering products and services means that suppliers can either increase their margins or offer the same services at a lower price.
16The internet is impacted business development activities positively. The Internet arleady has immense impact on the global economy contributing an estimated 17 trillion or just under 3 percent of global GDP in 2010.
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The Internet allows a lot of information to be obtained easily by customers.
6The Industrial Internet of Things IIoT is the next wave of innovation impacting the way the world connects and optimizes machines. 26The Internet allows businesses to research products and services in demand to gain dominance over a niche. The IIoT through the use of sensors advanced analytics and intelligent decision making will profoundly transform the way field assets connect and communicate with the enterprise. 1 Yet half the number of Internet users lives outside the advanced economies often in countries that. 28IMPACT OF TECHNOLOGY ON AN INDIVIDUALS Social networking website like Facebook permit user to keep in touch with friends and families around the world Communication between family members is possible using hangout skype etc JOB PROSPECTS. Hypertext is a new way of information storage and retrieval thatenables authors to structure information in novel ways.
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