MGT353 - Chapter 12

But ultimately technology continues to evolve because

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Unformatted text preview: timately, technology continues to evolve because of people’s insatiable desire for it 12-7 Technology as a Powerful Force in Business The Internet One of the most visible and widely used technological innovations over the past decade has been the Internet Springing to life in 1994, the Internet is a global network of interconnected computers, enabling users to share information along multiple channels linking individuals and organizations In 2008, China surpassed the United States with the most Internet users by country While opportunities to use the Internet are growing quickly, some limitations have appeared, such as in China when the government attempted to convert all identification records to their digital database systems 12-8 Figure 12.2 Top 20 Internet Users by Country (2008) 12-9 Technology as a Powerful Force in Business E-business Consists of buying and selling goods and services between businesses, organizations, and individuals electronically via Internet-based systems During the past few years, e-business revenue has increased at a faster pace than that of traditional, or non-electronic, business One controversial area where e-business has made a significant impact is online gambling 12-10 Technology as a Powerful Force in Business M-Commerce Commerce conducted via mobile or cell phones, provides consumers with an electronic wallet when using their mobile phones Given the significant increase in smartphone users, businesses have looked for ways to reach out to these potential customers • QR an abbreviation for “quick response,” consists of a square made up of black and white spaces that when read by a cell phone transmits information to the use 12-11 Social Networking – Tools and Threats A system using technology to enable people to connect, explore interests, and share activities around the world In 2011, 1.2 billion people worldwide used social networking sites at least once per month Examples of the more popular social networking sites on the Internet include Facebook, YouTube, and Twitter Each of these popular social networking Internet sites have their ethical challenges 12-12 Blogs and Vlogs Blogs – web based journals or logs maintained by an individual with regular entries of commentary, descriptions, or accounts of events 156 million blogs counted by BlogPlus Ethical questions about blogs emerged – For example, according to a Los Angeles Times report, thousands of bloggers were being paid by marketing firms to promot...
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This document was uploaded on 03/05/2014.

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