global information :: essays research papers

The global information society has transformed the way we do occupancy. One of the most widespread changes is the use of the mesh to develop more efficient communications between suppliers and users of goods and services. This process is called intermediation. In this module we leave alone look at how red-hot Internet-based technologies have revolutionized business communications. First we leave alone define intermediation. Then we will examine how technology has touch business communications. Finally, we will look at some of the online technologies that are helping businesses say better, faster and more cost-effectively.e-Commerce A Guide to How Technology has Affected railway line as We Know It TodayGlossary1.1. Transaction processing--Completing a operation onlinesuch as when a consumer uses a obtain cart to take a shit online purchases.2.2. e-Procurement--All purchasing activities plus all of the monitoring of all elements of purchase legal proceeding3.3. Procuremen t--The purchase of goods for resale4.4. Snail mail--mail sent and received via the US Postal operate5.5. B2B (Business to Business)the activities conducted online between two businesses6.6. Shopping cartan electronic tool apply by online consumers to purchase goods and services7.7. Fulfillment companyoffers services to separate 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 info 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 right goods in the right quantities in the right place at the right time.12.12. GPS ball-shaped Positioning Systeman access mechanism which allows the tracking of vehicle fix through satellite13.13. Web auctiona site which provides a forum for buyers and sellers to trade items. An auction site normally charges both buyers and sellers many another(prenominal) web auctions sell advertising on its pages14.14. Intraneta web-based private profits that hosts Internet applications on a local area network use 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 origination has seen. And even the changes are becoming rapid. The main reason of changes is technological innovation. The dynamic technology has affected business as well like it has affected all other walks of life.