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The Use Of Internet In Business - Essay Example

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Internet use is progressively expanding globally. Businesses have adopted the use of the internet to compete in local and international markets. The essay "The Use Of Internet In Business" aptly examines the benefits of using the internet in conducting business activities…
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The Use Of Internet In Business

This eliminates the use of intermediaries in business transactions. It provides a channel for consumers to interact directly with business owners through the internet.Consumer to consumer electronic commerce (C2C)This is where business transactions are done directly between consumers. An –example of popular sites that are used for these transactions includes ‘bdizcom’, ‘craigslist’ and ‘ebid’ among others.E-GovernmentIt is a process whereby ICT is used in the sharing of information amongst different parties. It is advantageous because it helps to fasten paper-based processes and to improve the relationship between citizens and the government.Mobile commerceThis is the use of wireless devices to perform business transactions. It is considered a success when benefits are realized by its users. Electronic and mobile commerce is largely used in fields like manufacturing, marketing and investment amongst others. It exhibits the following advantages; it reduces costs since it is cheaper than other source used in marketing or promoting a business. Secondly, it increases accuracy in business activities because it does not provide room for mistakes, and lastly, it provides a universal reach. For business, enterprises to have electric commerce they should have a web server hardware platform that is complete with appropriate software. There also exists electronic payment systems that are used to enhance businesses transactions by companies. ... Read More
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