by foluwasade daniel
E-business is fast becoming the standard in business. There are so many benefits involved in running one; speed, unlimited space and relatively low cost. The potential for success has never been greater. Boundaries once thought un-crossed have not only been crossed, they have been erased by the expansion of cyberspace.
In the business world, the exchange (buying and selling) and marketing of goods and services has never seen such brighter days as experienced now through the internet. Target markets (buyers and sellers) are now easily, quickly and cheaply accessed ‘NOW’ with a simple click of the mouse. Services that you will normally expend extra cost on transportation, consultation, communication, et. c. to receive can now be accessed at the comfort of your home or office without moving an inch out of where you are. As such, physically operating enterprises are more or less transacting electronically (e-business), a concept rapidly developing into what is now called ‘virtual corporation.’
Building a Virtual Corporation: Perhaps the biggest impact of the internet has been in the world of business, where the term “global market” has taken a whole new meaning. The ability to connect with nearly all of civilization with a simple click of the mouse has enabled large companies to grow even larger and small companies that would never have otherwise succeeded to flourish. Target markets can be identified, reached and serviced with the same level of professionalism whether a company consists of several thousands employers and twenty levels of management, or a couple of guys working out of a garage – and believe it or not, online consumer giant, Amazon.com, started out as exactly that.
Tuesday, November 11, 2008
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