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Effects of the Web on Business The Internet will greatly alter the structure and operation of all industries For the management of any existing business the central question is not whether the Internet will be relevant to your business but rather what will we need to do to profit from that change The Internet The Internet is evolving many aspects of business and it creates many new business opportunities It is developing what is called the New Business Environment because it changes the way products are developed distributed marketed sold and serviced Business on the In theory doing business over the Internet with consumers should be ideal however many people are not comfortable with it yet It will take a little while before most people are completely at ease and order products First off the Internet will provide many capabilities that will be very beneficial to a business Some of the benefits include E-mail Mailing Lists UseNet Telnet FTP Gopher and of course the World Wide Web All of these are a way to keep you informed and in touch with business associates and customers anywhere in the world What can the With an Intranet in place youve got an infrastructure for group applications you dont need to install software on everyones PC they can just use their Web browser and while the main costs are in employee time the cost of software has dropped significantly Put Your Own The effects of the Internet will take a decade or more to generally replace existing patterns of business The Internet and its strategic impact are not technological issues they are business ones The Internet Executives are likely to carry responsibility for whether their organization ultimately prospers or perishes in an Internet impacted world The particular impact will differ between industries so you need to identify the likely form of impact it will have
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