Business is any activity that seeks profit by prov
This essay Business is any activity that seeks profit by prov has a total of 1086 words and 5 pages.
Business is any activity that seeks profit by providing needed goods and services to others. The nature of providing these goods and services has changed drastically throughout the history of time. During the last thirty years of business activity, there has been new ways and means of conducting business through something we call technology. Technology is the advancement and uses of electronic devices and other high-tech equipment to produce and progress knowledge into the future. Today, in 1998, the number one technique of tying business into technology would be the use of the Internet. The Internet is a computer application that connects tens of thousands of interconnected computer networks that include 1.7 million host computers around the world. The basis of connecting all these computers together is by the use of ordinary telephone wires. Users are then directly joined to other computer users at there own will for a small connection fee per month. The connection conveniently includes unlimited access to over a million web sites twenty-four hours a day, seven days a week.
Since the Internet can be accessed by millions of people all time, it would be a great incentive for businesses. The Internet can help businesses in number of extraordinary ways. First, the Internet is an excellent way to make business information available to possible consumers. Say a person hears about a product that your business produces and would like to know more information about that product. Well, through Internet access, that person can easily locate your business web site and browse through the information needed. Included in the web site found, there could be many documents, pictures, small movie flicks, and unique question and answer sections available. All of this can be gathered in the convenience of a person\'s home, twenty-four hours a day. A business can be very pleased with the amount of information they can readily have available to publish to the entire world.
If the consumers are satisfied with a particular product with all the public information made available, why not make a product or service obtainable through the use of the Internet. Well, many companies use that method of distribution right now. The Internet can sell products on-line very effectively. It is just as simple as making a selection at a regular store, only you are using the computer and probably using a credit card as the method of payment. Depending on how developed and advanced the companies web site is; customer service may be available to help some customers with expert advice. Or, it could just make them feel comfortable.
Another plus about the use of the Internet is that most of the time it is user friendly and all of the time cost effective. The term user friendly refers to making the use of the system untroubled and easy to understand. Making the computer web site user friendly could greatly encourage the user to continue to absorb the available information. Having resources like big bold titles and pictures would increase the appearance to the viewer. Simple order forms and instructions should be made clear. A messy and complicated web site could turn the user off and make them unhappy with the services provided. Even with the hundred of services available, one thing is for sure that it is very cost effective. Providing web sites over the Internet is far more cheaper than advertising in magazines, on the radio, or on television. In addition, web sites may be modified with current changes within a company at any time. Therefore, most of the information tied into the web site is currently up-to-date and very competitive.
Making business information available is one of the most important ways to serve your customers. By using the Internet, the customers can feel at ease with the information given to them. They can scroll through what they want to know and quickly bypass useless information at there own speed. There is no pressure on the customer to continue they may even take a break or a short pause whenever they feel it is necessary. Because the Internet is entirely at the touch of your own fingers, it can make customers and even browsers feel very comfortable. If that does not bring connivance to the users, the twenty-four hour service of availability should
Topics Related to Business is any activity that seeks profit by prov
E-commerce, Marketing, Cultural globalization, Digital technology, Internet, New media, Targeted advertising, Online shopping, Internet privacy, Internet fraud prevention
Essays Related to Business is any activity that seeks profit by prov
#1 Be prepared#1 Be prepared E-commerce activity has grown rapidly during 1999 and is set to finally explode in 2000 and 2001. You need to ensure that your business is ready for this incredible opportunity by building a Web store now. This will allow time for you and your employees to learn the necessary new skills and to adapt your business processes. #2 Being first secures market share The initial entrant to a market captures the mindshare of consumers and can prove difficult to dislodge - just look at the
Marketing PlanMarketing Plan Green Mountain Coffee Roasters, Inc. I. Executive Summary Green Mountain Coffee Roasters currently has a revenue growth rate of 35.5% over the last 5 years. This company is growing right along side the fastest growing portion of the of the coffee industry, the high-end specialty coffee market. Green Mountain is a product leader in this category, they emphasize quality and enjoyment of their product. Green Mountain\'s target market is no question wholesaler\'s. Green Mountain has o
Company BackgroundCompany Background General Nutrition Companies Inc., was founded 65 years ago in Pittsburgh, Pennsylvania on the premise that Americans wanted to maintain control over their health. David Shakirian founded the company. In 1935 he launched a dream of his by establishing a little health food store in Pittsburgh, Pennsylvania. He called it Lackzoom. The products that were offered at his store included yogurt and healthy foods such as honey, grains and healthy sandwiches. The concept of being a heal
Challenges of small businessesChallenges of small businesses Growth in the small and medium business in Canada and other developed countries has been very significant. This sector of the business community now represents about 40 percent of GDP and accounts more than half of total employment. Today small businesses are more diverse and more vigorous than ever, but they also faces newer and more challenges or inhibitors to their growth than their older conter parts. This research will attempt to find the answer to the followi
E-commerce an IntroductionE-commerce an Introduction In the broadest sense, electronic commerce (e-commerce), is the buying and selling of products and services over the Internet. It has included the handling of purchase transactions and funds transfers over computer networks. According to the Forrester Research Study Sizing Intercompany Commerce, total U.S business-to-business Internet trade in 1998 is $7.7 billion, compared to a total global e-commerce of $21.8 billion, dramatically increasing from $2.5 billion in 1997
Peter CalabresePeter Calabrese Economics 101 Dr. Maglione March 22, 2000 How has your life changed since 1991? Have you noticed: an increase of material goods around your house, a new car in your driveway, or a little bit bigger gut due to eating more prime rib and filet mignon. If you have answered yes to any of these questions you are among the millions that have benefited from the economic boom. The economic boom refers to the period of economic expansion that started in March of 1991 and is still happening
Sun Microsystems, Inc.Sun Microsystems, Inc. Introduction By 1998 Sun had become a global Fortune 500 leader in enterprise network computing with operations in 150 countries and generating $8 billion in revenues. Sunís competitors in the technical markets were primarily Intel, Hewlett-Packard (HP), International Business Machine (IBM), Compaq Computer Corporation (CPQ) and Silicon Graphics, Inc. (SGI). The information technology industry, the market for Sunís services and products, was extremely competitive in 1998.
Philippine Business EnvironmentPhilippine Business Environment The countries that will achieve steady and economic growth in the 21st century are those that go with the tide . An economic manager must look into his resources and not on what other countries have. The Philippines is rich with natural resources , raw material and especially manpower. That\'s why when we made a move to improve our economic condition , The Sick Man of Asia was renamed as the New Tiger Cub of Asia. A name signaling other countries that a new thr
Forget the browser wars. This year's big nerd battForget the browser wars. This year\'s big nerd battle is the server shootout between Linux and Windows NT - and it\'s not just a bunch of geeks nit-picking. While both offer more affordable platforms for Web service than in the past, Linux and NT are polar opposites on almost every other level. They look different, run differently, support different software, and cost money in different places. So far though, most press coverage of the Linux-NT debate has focused on the competing business models