The computer has introduced the world to the internet. The internet has brought us into a new age of development. Through computer technology and internet development, business are rapidly developing and at the same speed changing.
The introduction of computers has given business an interesting upper hand by supplying companies with endlessly amounts of information. The Computer age, also known as, the Information age developed an environment of free flowing information. Between the years of 1949-1975, various technologies were created that would eventually be combined and become what is now known as the computer. This technology made way for the invention of the Internet which was not created by anyone one person. The internet was original developed as a way to view files and information on a server. Several individuals such as Larry G. Roberts who invented the first long distance computer networks to Bob Kahn and Vint Cerf who invented the Transmission Control Protocol which moves data on the modern Internet and many others developed contributing technology that would later become the internet. (Cerf and Kahn)
The Web was developed by Tim Berners-Lee and Robert Cailliau in 1990. In 1989, while working at CERN, both men made proposals for hypertext systems. In 1990, they decided to work together and developed a joint proposal in which the term "World Wide Web" was created. Later, Tim Berners-Lee would go on to write the first web browser. (Berners-Lee) Upon its birth, the internet changed the world and more so progressed globalization. Although globalization already existed, the impact of internet technology on globalization included the modernization and improvement of business on a world wide bas...
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...ustomer base increased global output. Changing how businesses function in terms of advertisement, development, and employment. These change affect the average employee who must now meet the new demands of more technological advanced businesses.
Works Cited
Berners-Lee, Tim and Mark Fischetti. Weaving the Web: The Past, Present and Future of the World Wide Web by its Inventor. Britain: Orion Business, 1999.
Bhagwati, Jagdish. In Defense of Globalization. Oxford, New York: Oxford University Press, 2004.
Cerf, Vinton G. and Robert E. Kahn, “A Protocol for Packet Network Intercommunication.” IEEE Transactions on Communications. Vol. 22, No. 5, May 1974 pp. 637-648
Eadie, Donald. Introduction to the Basic Computer. New Jersey: Prentice-Hall, 1968.
“The Stock Market: A Look Back,” Investopedia.com http://www.investopedia.com/articles/basics/06/alookback.asp
Nowadays, the popularities of the internet do change people’s life and even influence the strategy of a company. The article “Strategy and the Internet” authored by Michael Porter presents a few constructive opinions towards companies using the Internet for business that tells company should not lose the focus on building strategic development and competitive advantage. In the article, Michael Porter demonstrated that “the Internet is an extremely important technology, but it has made it difficult for companies to remain profitable over an extended time period”. (Porter, 2001) And internet leads many businesses “distort their market signals and competitive advantage”. (Porter, 2001) It is obvious that company tend to different from other which only focus on price strategies rather than through traditional methods of differentiation. (Porter, 2001) Throughout this article, Porter mainly aim to demonstrated that the Internet will weaken company’s profitability without providing proper operational advantages, because the proper use of internet will add value and increase company’s traditional competitive advantage, but it is unlikely for company to replace it. (Porter, 2001)
Griffiths, R. T. (2002, 10 11). The History of The Internet, Chapter 2. Retrieved 3 9, 2012, from Leiden University: http://www.let.leidenuniv.nl/history/ivh/chap2.htm
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The history of the internet shows that the internet is not a new medium. The internet was initially created in the 1960's to as a way for the United States to stay connected in case of a nuclear fallout due to the possible consequences of the Cold War. F...
The Impact of Technology on Business The words business, trade, and exchange of commodities are all synonyms. In the early age of civilization business was carried out on the basis of Bata trade as currency came into existence and there were business set Ups. Our perception started to change towards business but more so since the last 50 yrs with the advent of the information technology the world has turned around. With the establishment of the Internet, business has become globalized.
The Internet has changed the way people interact with each other and entertain themselves. It has changed the way business is done. It has also changed the way people date, commit crime, and interview for jobs, it has even changed health care, among many other things. Technology and the Internet are not going away and the need for people to adapt is prominent. Internet is so prominent in Management Information systems. There are Internet based information systems. These systems are important because they can improve company efficiency. These systems can house data with extreme efficiency. Internet based information systems leave the possibilities of efficiency unlimited. Technology is only going to expand farther and new ways to communicate digitally will be introduced into businesses. It has already altered the way we interact with one another, and consumers to suppliers.
The recent revolution of internet and dot-com boom has brought more people familiar to computers and the Internet. It seems like that we can hardly find our way through everyday life with out using or having an internet connected computer next to us. The way we think, live, and communicate was changed once for all with the invention of networked communication of computers. Computers are no longer a piece of machine that sits on top of our desk for us to admire the marvelous technology brought by the geeks and freaks of 80's, but for us to constantly use and put in to work. And in a way, environment which we live in, the society, schools, jobs, forces us to make friends with that technology. Just like when you don't have a telephone you will have hard time communicate with meeting with your friends, absence of instant messaging programs, or ability to use one, will place you out of the circle of events happening with the friends, or don't let you do the work as fast or as good as the one who uses the technology. This is one of the reasons why increasing number of people choose to have computers and internet as a prime communication tool not only between friends and for socialization, but for everyday life. People are increasingly finding new ways of getting things done not by the waiting at the other end of the phone line, but clicking the way through a certain web pages, or typing their message on emails and messenger program. On-line part of the business of almost all industries, not only limited to the dot-com companies but other 'traditional' businesses as well, has been increasingly finding it self positioning more valuable and growing in potential. We are all too familiar with the online shopping sites and class websites that we use almost everyday in a very handy way of getting things done.
The internet, initially developed by researchers at MIT and UCLA, had first purposes as a communications system between participating Universities. Walt Howe, Director of Libraries at Babson College, explains that the use of the system was limited to engineers, scientists, and those with the complex knowledge of computer operating systems. Because of the complexity involved many attempted to create a more user efficient system, one that home users could adopt. The most modern and user friendly system was pioneered around 1991 at University of Minnesota as a tool to access files and information local...
Technology – as defined by the US National Academy of Science (cited in Jones 1996, p.17) –
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In our society, there has been a revolution which competes that of the industrial revolution. It is called technological revolution. At the top of the technological revolution is what we call, the Internet. In the following report we will be discussing about what the internet is about in general and how it might be in the future, why it is necessary in our everyday lives, and why has it become so important to everyone (i.e. companies, individuals ).
Term Paper: The History of the Internet The Internet began like most things in our society, that is to say that the government started it. The Internet started out as an experimental military network in the 1960s. Doug Engelbart prototypes an "Online System" (NLS) which does hypertext browsing, editing, email, and so on. The Internet is a worldwide broadcasting resource used for distributing information and a source for interaction between people on their computers. In 1973, the U.S. Defense Advanced Research Projects Agency (DARPA) initiated a research program to investigate techniques and technologies for interlinking packet networks of various kinds.
The internet has revolutionized all forms of communication since the beginning of its existence. The world has now become smaller' or more like a global village', so to speak. The internet was first used by the U.S military for communications purposes. The internet, from the communication point of view, has brought on new developments and techniques to keep in touch not only for individuals, but for businesses as well. An example of how the internet has impacted communication would be an example of doctors now communicating through live video feeds via the internet with patients or other doctors to diagnose patients or to even guide and advise surgeons through complicated procedures.
The Internet has become a key ingredient of strenuous and busy lifestyle. ‘Internet’ has become the central-hub for communication, explorations, connecting with people or for official purposes. Resultantly, Internet growth has led to a plethora of new developments, such as decreased margins for companies as consumers turn more and more to the internet to buy goods and demand the best prices.
The internet is getting bigger and faster everyday, an individual can log on to the internet and buy sell or trade anything, the world wide web can bring the world into your home where anything can be looked up to learn or to amuse. Computer chips are being put in a wide range of things today, from appliances to cell phones to automobiles; an owner can now have their automobile checked for any problems while they are driving down the road via a satellite and find out if they should go in to have it repaired.