Sheet1 Page 1 MGM 5 - IT 2 1. internet is enormously powerful for business a. invention: - packet switching (packets of data can be sent from one member to another)- networks invented: catnet, gnet, etc- networks are connected- email invented: AOL in early 1990- 1991: world wide web invented 2. internet, ecommerce, or ebusiness: used to be illegal to commerce on the internet a. ecommerce: sale of goods and services b. ebusiness: broader term such as researching competition (whenever internet is used for a business purpose, it's called ebu s other example of ebusiness: - checking email for business- researching stocks or bonds- looking for business data/ firm data- advertising using internet 3. web 2.0: users are actively involved within the generation of its content (user generated contenct) a. example of web 2.0: wikipedia, youtube, google, myspace, facebook 4. ebusiness: how Internet can add value to e business? a. search: search engine such as google is powerful for business purpose especially for secondary research
This is the end of the preview. Sign up
access the rest of the document.