Analyze the merits that have been brought about by the internet (100 marks).
The invention and popularity of the Internet has introduced a huge wave of changes in business and how the world does business. In fact, the Internet has made the world market more accessible through instant connections and lines of communication. While the benefits of doing business with the Internet have brought many benefits to businesses, the Internet has also created disadvantages for some business models. Video rental for streaming services was changed, the CD disappeared with the invention of MP3 files and finally also data streaming. Bookstores still exist, but the industry has undergone major changes with the invention of e-books. Physical retailers and the content of leading online retailers, as well as the entire supply chain, have changed at the retail level. Comprehensive support and training are provided by top payment processing companies.
First, the Internet can enable you to interact with people in almost every corner of the world through the Internet or email without leaving their room (Rayan et al., 2017). Email enabled people to communicate at least several times. It is now possible to send a message to all parts of the world with a simple email address and the message is delivered in seconds. All companies use email in business and they even take the advantage of having an email validation tool like the ones from Zerobounce.net.
Bhayani et al (2016) posit that the convenience of email has enabled companies to grow and interact with their suppliers and customers worldwide in record time. Personal communication has also become easier thanks to email. Chat rooms, video conferences are some of the latest additions to this technology and allow people to chat in real time. Many messenger services are also available. With the help of such services it has become very easy to establish a kind of international friendship where you can share your thoughts and explore other cultures. The Internet allows people in organizations to easily share and share information.
Second, information is probably the biggest choice the Internet offers. The Internet is the real treasure of information. What kind of information about what content is available on the Internet. Search engines like Google, Yahoo are for your services on the internet. There is a huge amount of information available on the Internet for almost every subject you know, from government law and services, trade shows and conferences, market information, new ideas and technical support; The lists are simply endless. We can use these search engines, websites dedicated to different articles and a lot of articles and documents are available for reading in seconds.
A variety of conferences allow people to discuss and share their thoughts and information with others located in different locations around the world. Whether this information is the latest news in the world or information about your favorite celebrities, everything is at your fingertips. Huge caches of data can be found on the internet in every industry. With this information store, people can not only increase their knowledge base, but also do so without wasting time on traditional ways such as visiting libraries and doing thorough research. With the internet, students can save time searching for information and use their time for other tasks.
This is especially relevant for students who can use this great information in their school assignments and also learn new things about the subjects they are interested in. Indeed, this is the Internet for many schools and universities that can now assign tasks and work for students and monitor their progress, which is easy to put on the websites of an internal school or university. Online education has grown very rapidly as the Internet enables the development and use of innovative tools to transmit education. University students and teachers can interact online. In addition, some universities also offer distance courses to make their studies more efficient and convenient. The Internet has become a gateway for those who want to learn, but cannot afford living standards in foreign countries.
Third, entertainment is another popular reason why many people choose to browse the Internet. Indeed, the Internet has become quite successful in capturing the multifaceted entertainment industry. Downloading games or just browsing famous websites are some of the uses that people have discovered. Even famous people use the internet effectively in promotional campaigns. There are also numerous games that can be downloaded for free. The online gaming industry has proved to be dramatic and spectacular attention from game lovers. The internet has also revolutionized the entertainment industry. Nowadays, people do not have to go to the cinema to watch their favorite movies. Instead of watching movies in the movie theater, there are now companies offering their services where you can just download or order your favorite movie and watch it with fast internet connection. In addition, you can also download other important software or your favorite music in minutes. There are some shareware apps that let you share and download your favorite music and videos. The Internet also allows people from different cultures and backgrounds to connect. Online games are big business and allow interested players to compete against each other, even when they are far away. Similarly, dating also allows people to meet their future soulmates.
Through the internet, the store has also gone through a complete iteration thanks to the contribution of the internet. You have many websites that sell a variety of products online and simply select or offer the product you want and can go into complete financial transactions on the internet. An online store has facilities for the internet and you can make whole international business deals through the internet. Money transfer is no longer a time-consuming job and with just the click of a button you can easily transfer funds anywhere you want. Some of these course services come at a price. The Internet has made life very comfortable. With various online services, you can now do all your business online. You can book a movie ticket, transfer money, pay utility bills, taxes, etc. and directly from the home. Some travel sites even organize a itinerary to suit their needs and manage airline tickets, hotel reservations, etc. Using the Internet, consumers can compare product prices before making purchase decisions. People who consider the Internet’s impact on students are positive that the Internet helps students by providing them with useful material and resources for their studies. It is a great reality that students are now getting great help from the internet. Students have problems with their studies or daily life because they can find many solutions to this problem on the Internet. There they can discover articles by academics and other professionals that could be of use to them. They can give lectures from different scholars on different topics.
One of the most important benefits of the Internet is that students can earn from the Internet through bloggers. Students may be interested in making money online. It would be a great source of income for them and would also provide great writing experience. Students interested in the media who want to be writers in the future should do this work. This would enhance the expertise of those who would lead them to a great future. Students can also use the Internet for social connections and there are many social media that students use primarily for social networking. Like Facebook, Twitter, Weibo, etc., are the famous social networking sites. Students can contact foreign students and discuss different issues to improve their skills and knowledge. Using the Internet wisely, students can get a lot of information to enrich their knowledge.
Online communication saves time and money. This is because it is much cheaper and faster to transfer information. Contacting business partners or relatives also becomes faster and more efficient. We can now interact with anyone worldwide via email and text messages instantly. The Internet has also provided face-to-face communication thanks to Skype, social media, video conferencing and many other forms offered by social media companies. A great advantage of Internet communication is to create new and exciting jobs. System analysts, computer programmers, web designers, hardware and software manufacturers, and many other new opportunities created by ICT. The internet really brought people together and also helped economic growth. It also reduced geographical and language boundaries. The universe has become a global village for information technology, which allows countries such as Japan and Ireland, separated by languages and distance, to share information and ideas. It is very cheap to send an email to a country other than calling. The Internet has also helped to systematize business practices and help companies reduce costs.
The Internet has made it possible to share various computer programs with different generations in different parts of the world. Important information, such as health, business, and environmental facts, is easily available to anyone with an Internet connection. Information communication technology (ICT) has facilitated business automation and enabled customers to contact them 24 hours a day, 7 days a week. This means that you can open a business anywhere, anytime, enabling customers to buy from different countries. This makes trading easier and more convenient. For example, the use of ezTalks has helped many companies work together simultaneously and simultaneously. Businesses using ezTalks can share and open large files instantly, get real-time updates, and ensure all employees are involved, regardless of where or when. The internet has helped bridge the gap. People from different nations can easily communicate, enabling the exchange of ideas and perspectives.
Rayan, A., Dadoul, A.M., Jabareen, H., Sulieman, Z., Alzayyat, A. and Baker, O., 2017. Internet use among university students in South West Bank: Prevalence, advantages and disadvantages, and association with psychological health. International Journal of Mental Health and Addiction, 15(1), pp.118-129.
Bhayani, M., Patel, M. and Bhatt, C., 2016. Internet of Things (IoT): In a way of smart world. In Proceedings of the international congress on information and communication technology (pp. 343-350). Springer, Singapore.
Yang, J.G., 2018. The Advantages and Disadvantages of Internet Commerce in China. In Entrepreneurship, Collaboration, and Innovation in the Modern Business Era (pp. 278-290). IGI Global.