global information :: essays research papers

The global information society has transformed the way we do logical argument. One of the most widespread changes is the use of the Internet to develop much efficient communications between suppliers and users of goods and services. This process is called intermediation. In this module we will look at how new Internet-based technologies have revolutionized business communications. First we will qualify intermediation. Then we will examine how technology has affected business communications. Finally, we will look at some of the online technologies that are helping businesses communicate better, faster and much cost-effectively.e-Commerce A Guide to How Technology has Affected craft as We Know It TodayGlossary1.1. Transaction processing--Completing a transaction onlinesuch as when a consumer uses a shopping cart to make online purchases.2.2. e-Procurement--All purchasing activities plus all of the monitoring of all elements of purchase transactions3.3. Procurement--The purchase o f goods for resale4.4. Snail mail--mail sent and legitimate via the US Postal Service5.5. B2B (Business to Business)the activities conducted online between two businesses6.6. Shopping cartan electronic tool used by online consumers to purchase goods and services7.7. Fulfillment smart setoffers services to other companies such as transaction processing, providing security, etc.8.8. HR (Human Resources) the division of a company which hires employees and takes care of all employee-related matters.9.9. EDI (Electronic Data Interchange) when one business transfers computer-readable data into an agreed-upon format to another business.10.10. ISP (Internet Service Provider)a business that provides access to the Internet via modem, DSL, or TI. They also provide other services such as e-mail, web hosting, and web design.11.11. Logistics ConsumerBrowsing for information from multiple sites for comparison shopping purposes BusinessDelivery and warehousing activities that will provide the e stimable goods in the right quantities in the right place at the right time.12.12. GPSGlobal Positioning Systeman access mechanism which allows the tracking of vehicle location through send13.13. Web auctiona site which provides a forum for buyers and sellers to trade items. An auction site normally charges both buyers and sellers many web auctions sell advertizing on its pages14.14. Intraneta web-based private network that hosts Internet applications on a local area network used for security purposesE-Commerce Changing Face of BusinessAt the dawn of the new millennium, if we look back at the last century, we will realize the changes the world has seen. And even the changes are becoming rapid. The main priming of changes is technological innovation. The ever-changing technology has affected business as well like it has affected all other walks of life.