use of internet in business

8/14/2019 use of internet in business

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Ripha university international Islamabad

Assignment

How internet is used in business to make the effective decision

making

Submitted by

Amir jabbar

Class MBA IST

Roll no 4

Submitted to

Sir Sohail tariq


2/12

Internet definition:A global networkconnecting millions ofcomputers. More

than 100 countries are linked into exchanges ofdata, news

and opinions.

Ora worldwide system of computer networks; a network of

networks in which users at any one computer can get

information from any other computerOr

A world-wide network of computers linked by telephone

lines, allowing for the global dissemination of information.

History of internet & introduction

The USSR's la A world-wide network of computers linked bytelephone lines, allowing for the global dissemination of

information.unch ofSputnikspurred the United States to

create the Advanced Research Projects Agency, known asARPA, in February 1958 to regain a technological lead.[2][3]

ARPA created theInformation Processing Technology Office

(IPTO) to further the research of the Semi Automatic GroundEnvironment (SAGE) program, which had networked

country-wide radarsystems together for the first time.J. C.

R. Lickliderwas selected to head the IPTO. Licklider moved from the Psycho-Acoustic

Laboratory at Harvard University to MIT in 1950, after becoming interested ininformation technology. At MIT, he served on a committee that established Lincoln

Laboratoryand worked on the SAGE project. In 1957 he became a Vice President at

BBN, where he bought the first productionPDP-1 computer and conducted the firstpublic demonstration oftime-sharing.

ProfessorLeonard Kleinrockwith one of the first

ARPANET Interface Message Processors at UCLA

At the IPTO, Licklider got Lawrence Roberts to start aproject to make a network, and Roberts based the technology on the work ofPaul Baran,

[4] who had written an exhaustive study for the United States Air Force that

recommendedpacket switching (opposed to circuit switching) to achieve better network

robustness and disaster survivability. UCLA professorLeonard Kleinrockhad providedthe theoretical foundations for packet networks in 1962, and later, in the 1970s, for

hierarchical routing, concepts which have been the underpinning of the development

towards today's Internet.
http://www.webopedia.com/term/i/network.htmhttp://www.webopedia.com/term/i/computer.htmhttp://www.webopedia.com/term/i/data.htmhttp://en.wikipedia.org/wiki/Soviet_Unionhttp://en.wikipedia.org/wiki/Soviet_Unionhttp://en.wikipedia.org/wiki/Sputnikhttp://en.wikipedia.org/wiki/1958_in_sciencehttp://en.wikipedia.org/wiki/Internet#cite_note-1%23cite_note-1http://en.wikipedia.org/wiki/Internet#cite_note-2%23cite_note-2http://en.wikipedia.org/wiki/Information_Processing_Technology_Officehttp://en.wikipedia.org/wiki/Information_Processing_Technology_Officehttp://en.wikipedia.org/wiki/Semi_Automatic_Ground_Environmenthttp://en.wikipedia.org/wiki/Semi_Automatic_Ground_Environmenthttp://en.wikipedia.org/wiki/Radarhttp://en.wikipedia.org/wiki/J._C._R._Lickliderhttp://en.wikipedia.org/wiki/J._C._R._Lickliderhttp://en.wikipedia.org/wiki/J._C._R._Lickliderhttp://en.wikipedia.org/wiki/Harvard_Universityhttp://en.wikipedia.org/wiki/Massachusetts_Institute_of_Technologyhttp://en.wikipedia.org/wiki/1950_in_sciencehttp://en.wikipedia.org/wiki/Information_technologyhttp://en.wikipedia.org/wiki/Lincoln_Laboratoryhttp://en.wikipedia.org/wiki/Lincoln_Laboratoryhttp://en.wikipedia.org/wiki/Lincoln_Laboratoryhttp://en.wikipedia.org/wiki/1957_in_sciencehttp://en.wikipedia.org/wiki/BBN_Technologieshttp://en.wikipedia.org/wiki/PDP-1http://en.wikipedia.org/wiki/PDP-1http://en.wikipedia.org/wiki/Time-sharinghttp://en.wikipedia.org/wiki/Time-sharinghttp://en.wikipedia.org/wiki/Leonard_Kleinrockhttp://en.wikipedia.org/wiki/Interface_Message_Processorhttp://en.wikipedia.org/wiki/Lawrence_Roberts_(scientist)http://en.wikipedia.org/wiki/Paul_Baranhttp://en.wikipedia.org/wiki/Paul_Baranhttp://en.wikipedia.org/wiki/Internet#cite_note-3%23cite_note-3http://en.wikipedia.org/wiki/United_States_Air_Forcehttp://en.wikipedia.org/wiki/Packet_switchinghttp://en.wikipedia.org/wiki/Circuit_switchinghttp://en.wikipedia.org/wiki/Leonard_Kleinrockhttp://en.wikipedia.org/wiki/Leonard_Kleinrockhttp://en.wikipedia.org/wiki/Hierarchical_routinghttp://en.wikipedia.org/wiki/Hierarchical_routinghttp://en.wikipedia.org/wiki/File:Leonard-Kleinrock-and-IMP1.pnghttp://www.webopedia.com/term/i/computer.htmhttp://www.webopedia.com/term/i/data.htmhttp://en.wikipedia.org/wiki/Soviet_Unionhttp://en.wikipedia.org/wiki/Sputnikhttp://en.wikipedia.org/wiki/1958_in_sciencehttp://en.wikipedia.org/wiki/Internet#cite_note-1%23cite_note-1http://en.wikipedia.org/wiki/Internet#cite_note-2%23cite_note-2http://en.wikipedia.org/wiki/Information_Processing_Technology_Officehttp://en.wikipedia.org/wiki/Semi_Automatic_Ground_Environmenthttp://en.wikipedia.org/wiki/Semi_Automatic_Ground_Environmenthttp://en.wikipedia.org/wiki/Radarhttp://en.wikipedia.org/wiki/J._C._R._Lickliderhttp://en.wikipedia.org/wiki/J._C._R._Lickliderhttp://en.wikipedia.org/wiki/Harvard_Universityhttp://en.wikipedia.org/wiki/Massachusetts_Institute_of_Technologyhttp://en.wikipedia.org/wiki/1950_in_sciencehttp://en.wikipedia.org/wiki/Information_technologyhttp://en.wikipedia.org/wiki/Lincoln_Laboratoryhttp://en.wikipedia.org/wiki/Lincoln_Laboratoryhttp://en.wikipedia.org/wiki/1957_in_sciencehttp://en.wikipedia.org/wiki/BBN_Technologieshttp://en.wikipedia.org/wiki/PDP-1http://en.wikipedia.org/wiki/Time-sharinghttp://en.wikipedia.org/wiki/Leonard_Kleinrockhttp://en.wikipedia.org/wiki/Interface_Message_Processorhttp://en.wikipedia.org/wiki/Lawrence_Roberts_(scientist)http://en.wikipedia.org/wiki/Paul_Baranhttp://en.wikipedia.org/wiki/Internet#cite_note-3%23cite_note-3http://en.wikipedia.org/wiki/United_States_Air_Forcehttp://en.wikipedia.org/wiki/Packet_switchinghttp://en.wikipedia.org/wiki/Circuit_switchinghttp://en.wikipedia.org/wiki/Leonard_Kleinrockhttp://en.wikipedia.org/wiki/Hierarchical_routinghttp://www.webopedia.com/term/i/network.htm


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After much work, the first two nodes of what would become the ARPANETwere

interconnected betweenUCLA's School of Engineering and Applied Science and SRI

International(SRI) in Menlo Park, California, on October 29, 1969. The ARPANET wasone of the "eve" networks of today's Internet. Following on from the demonstration that

packet switching worked on the ARPANET, theBritish Post Office,Telenet,DATAPAC

and TRANSPAC collaborated to create the first international packet-switched networkservice. In the UK, this was referred to as the International Packet Switched Service

(IPSS), in 1978. The collection ofX.25-based networks grew from Europe and the US to

cover Canada, Hong Kong and Australia by 1981. The X.25 packet switching standardwas developed in the CCITT (now called ITU-T) around 1976.

A plaque commemorating the birth of the Internet at Stanford

University

X.25 was independent of the TCP/IP protocols that arose fromthe experimental work ofDARPA on the ARPANET, Packet

Radio Net and Packet Satellite Net during the same time period.Vinton CerfandRobert

Kahn developed the first description of the TCP protocols during 1973 and published apaper on the subject in May 1974. Use of the term "Internet" to describe a single global

TCP/IP network originated in December 1974 with the publication ofRFC 675, the first

full specification of TCP that was written by Vinton Cerf, Yogen Dalal and Carl

Sunshine, then at Stanford University. During the next nine years, work proceeded torefine the protocols and to implement them on a wide range of operating systems. The

first TCP/IP-based wide-area network was operational by January 1, 1983 when all hostson the ARPANET were switched over from the older NCP protocols. In 1985, the UnitedStates'National Science Foundation (NSF) commissioned the construction of the

NSFNET, a university 56 kilobit/second network backbone using computers called

"fuzzballs" by their inventor, David L. Mills. The following year, NSF sponsored theconversion to a higher-speed 1.5 megabit/second network. A key decision to use the

DARPATCP/IP protocols was made by Dennis Jennings, then in charge of the

Supercomputer program at NSF.

The opening of the network to commercial interests began in 1988. The US FederalNetworking Council approved the interconnection of the NSFNET to the commercial

MCI Mail system in that year and the link was made in the summer of 1989. Other

commercial electronic e-mail services were soon connected, including OnTyme, Telemailand Compuserve. In that same year, three commercial Internet service providers (ISPs)

were created: UUNET, PSINet and CERFNET. Important, separate networks that offered

gateways into, then later merged with, the Internet include UsenetandBITNET. Various

other commercial and educational networks, such as Telenet, Tymnet,CompuServe andJANET were interconnected with the growing Internet. Telenet (later called Sprintnet)

was a large privately funded national computer network with free dial-up access in cities
http://en.wikipedia.org/wiki/ARPANEThttp://en.wikipedia.org/wiki/ARPANEThttp://en.wikipedia.org/wiki/Henry_Samueli_School_of_Engineering_and_Applied_Sciencehttp://en.wikipedia.org/wiki/Henry_Samueli_School_of_Engineering_and_Applied_Sciencehttp://en.wikipedia.org/wiki/SRI_Internationalhttp://en.wikipedia.org/wiki/SRI_Internationalhttp://en.wikipedia.org/wiki/SRI_Internationalhttp://en.wikipedia.org/wiki/Menlo_Parkhttp://en.wikipedia.org/wiki/General_Post_Office_(United_Kingdom)http://en.wikipedia.org/wiki/General_Post_Office_(United_Kingdom)http://en.wikipedia.org/wiki/Telenethttp://en.wikipedia.org/wiki/Telenethttp://en.wikipedia.org/wiki/DATAPAChttp://en.wikipedia.org/wiki/DATAPAChttp://en.wikipedia.org/wiki/International_Packet_Switched_Servicehttp://en.wikipedia.org/wiki/1978_in_sciencehttp://en.wikipedia.org/wiki/X.25http://en.wikipedia.org/wiki/Hong_Konghttp://en.wikipedia.org/wiki/ITU-Thttp://en.wikipedia.org/wiki/Stanford_Universityhttp://en.wikipedia.org/wiki/Stanford_Universityhttp://en.wikipedia.org/wiki/DARPAhttp://en.wikipedia.org/wiki/Vinton_Cerfhttp://en.wikipedia.org/wiki/Vinton_Cerfhttp://en.wikipedia.org/wiki/Vinton_Cerfhttp://en.wikipedia.org/wiki/Robert_Kahnhttp://en.wikipedia.org/wiki/Robert_Kahnhttp://en.wikipedia.org/wiki/Robert_Kahnhttp://tools.ietf.org/html/rfc675http://tools.ietf.org/html/rfc675http://tools.ietf.org/html/rfc675http://en.wikipedia.org/wiki/Stanford_Universityhttp://en.wikipedia.org/wiki/Stanford_Universityhttp://en.wikipedia.org/wiki/Internet_Protocol_Suitehttp://en.wikipedia.org/wiki/National_Science_Foundationhttp://en.wikipedia.org/wiki/NSFNEThttp://en.wikipedia.org/wiki/Universityhttp://en.wikipedia.org/wiki/Kilobithttp://en.wikipedia.org/wiki/Fuzzball_routerhttp://en.wikipedia.org/wiki/David_L._Millshttp://en.wikipedia.org/wiki/Mbpshttp://en.wikipedia.org/wiki/DARPAhttp://en.wikipedia.org/wiki/TCP/IPhttp://en.wikipedia.org/wiki/MCI_Mailhttp://en.wikipedia.org/wiki/UUNEThttp://en.wikipedia.org/wiki/PSINethttp://en.wikipedia.org/wiki/Usenethttp://en.wikipedia.org/wiki/Usenethttp://en.wikipedia.org/wiki/BITNEThttp://en.wikipedia.org/wiki/BITNEThttp://en.wikipedia.org/wiki/BITNEThttp://en.wikipedia.org/wiki/Telenethttp://en.wikipedia.org/wiki/Tymnethttp://en.wikipedia.org/wiki/Tymnethttp://en.wikipedia.org/wiki/Compuservehttp://en.wikipedia.org/wiki/JANEThttp://en.wikipedia.org/wiki/Telenethttp://en.wikipedia.org/wiki/Dial-up_accesshttp://en.wikipedia.org/wiki/ARPANEThttp://en.wikipedia.org/wiki/Henry_Samueli_School_of_Engineering_and_Applied_Sciencehttp://en.wikipedia.org/wiki/SRI_Internationalhttp://en.wikipedia.org/wiki/SRI_Internationalhttp://en.wikipedia.org/wiki/Menlo_Parkhttp://en.wikipedia.org/wiki/General_Post_Office_(United_Kingdom)http://en.wikipedia.org/wiki/Telenethttp://en.wikipedia.org/wiki/DATAPAChttp://en.wikipedia.org/wiki/International_Packet_Switched_Servicehttp://en.wikipedia.org/wiki/1978_in_sciencehttp://en.wikipedia.org/wiki/X.25http://en.wikipedia.org/wiki/Hong_Konghttp://en.wikipedia.org/wiki/ITU-Thttp://en.wikipedia.org/wiki/Stanford_Universityhttp://en.wikipedia.org/wiki/Stanford_Universityhttp://en.wikipedia.org/wiki/DARPAhttp://en.wikipedia.org/wiki/Vinton_Cerfhttp://en.wikipedia.org/wiki/Robert_Kahnhttp://en.wikipedia.org/wiki/Robert_Kahnhttp://tools.ietf.org/html/rfc675http://en.wikipedia.org/wiki/Stanford_Universityhttp://en.wikipedia.org/wiki/Internet_Protocol_Suitehttp://en.wikipedia.org/wiki/National_Science_Foundationhttp://en.wikipedia.org/wiki/NSFNEThttp://en.wikipedia.org/wiki/Universityhttp://en.wikipedia.org/wiki/Kilobithttp://en.wikipedia.org/wiki/Fuzzball_routerhttp://en.wikipedia.org/wiki/David_L._Millshttp://en.wikipedia.org/wiki/Mbpshttp://en.wikipedia.org/wiki/DARPAhttp://en.wikipedia.org/wiki/TCP/IPhttp://en.wikipedia.org/wiki/MCI_Mailhttp://en.wikipedia.org/wiki/UUNEThttp://en.wikipedia.org/wiki/PSINethttp://en.wikipedia.org/wiki/Usenethttp://en.wikipedia.org/wiki/BITNEThttp://en.wikipedia.org/wiki/Telenethttp://en.wikipedia.org/wiki/Tymnethttp://en.wikipedia.org/wiki/Compuservehttp://en.wikipedia.org/wiki/JANEThttp://en.wikipedia.org/wiki/Telenethttp://en.wikipedia.org/wiki/Dial-up_access


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throughout the U.S. that had been in operation since the 1970s. This network was

eventually interconnected with the others in the 1980s as the TCP/IP protocol became

increasingly popular. The ability of TCP/IP to work over virtually any pre-existingcommunication networks allowed for a great ease of growth, although the rapid growth of

the Internet was due primarily to the availability of an array of standardized commercial

routers from many companies, the availability of commercial Ethernet equipment forlocal-area networking, and the widespread implementation and rigorous standardization

of TCP/IP on UNIX and virtually every other common operating system.

Through following benefit provided by internet to

business A businesses make the effective decision

Reach a worldwide audienceThe Internet is a worldwide network allowing you to reach

people even very expensive advertising could not.

Provide product informationGive customers direct access to information about yourproducts. Some people prefer to learn about products on their own. The Internet has an

unsurpassed ability to make information about your company's products or services

available to potential customers. It also provides the information when the customer

wants it (now).

Save on literature costsProviding the information online reduces the need to print and

mail product literature, thereby resulting in significant cost reductions.

Augment/replace phone banksOften people staffing phone banks are serving merely as

interfaces to computer databases. In an age of graphical, networked computing, this

function is less necessary. Simple graphical interfaces can be designed to allowcustomers to find the information they want quickly and inexpensively.

Provide easy access to customer service representativesHuman interaction cannot be

totally replaced by even the best graphical interface. When customers have a question, orwould like to speak with a person, provide a list of contacts and phone numbers or allow

them to send e-mail directly to a customer service representative, requesting that they be

contacted.

Level your customer service loadHow many customers are turned away unsatisfiedwhen your customer service lines are busy? How often do you have slack times when

customer support personnel are not handling calls but still cost your business money? E-mail provides "asynchronous communication" that can help level the load. Customerswith problems that do not require immediate attention can send an e-mail message

through your Web site which can be handled when support people are not busy.

Telephone-tag is eliminated for your customers, and you.

Inexpensively create/augment your corporate imageIt is easy and inexpensive todefine your image on the Internet, whether you are a one-person-company or a large
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corporation. If your company information changes rapidly due to market forces, there is

no easier way to change your image than electronically.

Recruit new employees Many companies (now nearly all), provide current informationabout job openings and attract talented people from places they could not reach

otherwise.

Provide useful information to attract customersSki shops often have a board listing

local snow conditions. Search sites like " yahoo " and " Lycos " provide useful searchservices for the Web. Providing useful information to potential customers is a good way

to get them to come to your site and return again and again (a property now called

"stickiness").

Provide your service on-lineMany products and services can be delivered over theInternet. Online services will become an even brighter option for many businesses. Since

the transaction is electronic, billing and inventory control can be automated, increasing

accuracy and reducing your accounting and product storage costs.

Give customers access to searchable informationComputers on the Internet allowcompanies to post information in the form of static Web pages. But, with some of the

latest software (or some clever programming) , these computers can also help your

customers find the information you are providing quickly. Federal Express created anaward winning Web site that allows customers to track their packages. In doing this, Fed-

Ex is providing a useful customer service while also promoting their product (service).

Help customers understand why they need youAnother thing computers do well is

provide artificial intelligence, expertise, or analysis. The Internet allows you to deliver

custom software applications and extend your expertise virtually. Suppose youmanufacture thermopane windows. A spreadsheet application could allow potential

customers to determine how much money they would save in energy costs if theyinstalled your windows. A financial services company could allow potential customers to

analyze their investments in light of a financial service the company offers.

Let customers try a sample of your product or service Many new Web tools are

becoming available that will allow consumers to try out a sample of what you have tooffer before they buy. Gain a competitive advantage by offering a "test drive" of your

product or service.

Eliminate the middlemanMiddlemen exist in some industries where there are barriersto direct contact between producers and consumers. The Internet is a vehicle forremoving these barriers. This lowers prices for consumers and increases profits for

producers.

On-line commerce This has been much touted in the popular press. Some products and

services are well suited for sales on-line. Rapid growth in this area will occur as secure


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credit card transactions become (are now) standardized. Efficiency of shipping and

delivery methods for hard goods is important for typically impatient internet shoppers.

Consider an IntranetUse the same Internet technology within your company to helpworkers communicate better and work more productively. Many companies are finding

an Intranet to be a much more cost effective solution to their network information needsthan proprietary software.

The percentage usage of internet in business now days

This Key Note Market Report focuses on the business

usage of, and spending on, the Internet. It examines two

areas: business expenditure on Internet services andsoftware (and hardware), and business revenues from

the commercialisation of the Internet (i.e. revenues

from Internet e-commerce).

In 2004, total business expenditure on Internet services,software and hardware was an estimated 8.29bn, a rise

of 15.8% on 2003. The market is being driven by expenditure on software and services,

reflecting the moves by companies to exploit their Internet connections to improve theiroperations and generate revenues for their online activities. E-commerce revenues are

rising rapidly, driven mainly by business-to-business (B2B) transactions. In 2004, e-

commerce revenue in the UK was worth an estimated 294.9bn, of which 60.5bn wasaccounted for by Internet e-commerce.

If the period spanning the late 1990s to the year 2000 can be labelled as the infrastructure

build-out phase of the Internet, and the period between 2000 and 2003 can be called the

phase of commercial exploitation of the Internet, then 2003 to 2005 can be labelled as theperiod when the Internet came of age. In this period, as in the rest of the IT industry,

clients are focused on the return they receive on their investment. Return on investment

(ROI), net present value (NPV) and the internal rate of return (IRR) on Internet projectshave become watchwords for the Internet industry.

In 2005, Internet connectivity is almost ubiquitous among all words companies. As such,it is no longer seen as only a tactical weapon used to improve business communications;

instead, it is increasingly being viewed as a strategic weapon used to improve a business'entire value chain. As the Internet becomes integral to business operations, it is being

judged on the same criteria as other capital expenditure.


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Key Note forecasts rapid growth in both e-commerce revenue and business expenditure

on Internet services, software and hardware over the next 5 years to 2009. medium-sized

enterprises (SMEs).

Key Note Market Reports

Invaluable aids to anyone needing to gain a highly detailed understanding of a specificmarket for more informed decision- making.

Effective decision making by using internet complete

scenario (cases)

According to need the internet helps to make the effective decision for the sake of profit

for business. According to need I create some situation with full fledge cases. Now seehow a business makes the effective decision to full fill his need by using internet.

Case 1) effective Decision to establish new entity in foreign market by usinginternet

Expalaination

When a business want to establish his business in a foreignmarket. First of all he wants to select that country in which

his business cans rum successful. For new entity following

information must be require to run successful business.

Culture

Religion Government tax polices

Per capita income

Product trend

Raw material availability

Currency value

Transport facilities

Competition

Inflation rarte

Effective decision making by use of internet

By using internet the new entity can get all information which is given above through the

internet without cost of middleman and through this information which is provided by the

internet business managers can make effective decision to choice of country for open newbusiness.


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Example

If any business involved as a food provider wanted to open his business in Pakistan first

of all he wanted to know the culture (halal food) and then he look forward aboutcompetition, currency value and so on .the business manager get the information by using

internet about Pakistan market and then he make a better decision either makes

investment or not.

case 2) Effective decision making while purchasing stock which is used to produced

a product by use of internet

Explanation

It is the basic need for manufacturing company. It is

very difficult for the managers of the company topurchase stock when there are many stock provider is

available in the market. Without internet a limited

supplier list can be get. Which make the poor

decision. The company must have the followinginformation while purchasing the stock.

Knowledge the techniques

Market price of stock

Market address which have supplier having best quality stock with fair

price


Internet provides the wide range of supplier which is supply certain stock which is

required according to business. A manager of purchasing department now is notlimited to purchase stock from few choices of supplier. Suppliers makes his websites

on the internet for promote his supplies. Through internet use now managers have

best way to choose those suppliers who supply quality stock with fair prices. Thatdecision increase profit by getting more profit by invest low cost. This is effective

decision by using internet.

Example

A motorcycle manufacturer company ABCD . ABCD company manufacture bike by

assemble parts those parts are import from the foreign market. 12 October Companyrequire bike engine. The manager of the company see many offers of supplier through

internet and then choose a best supplier how gave quality and fair price.


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case3) Effective decision to promotion business & how compete the competition by

using internet.

Explaination

Generally, promotion is communicating with the publicin an attempt to influence them toward buying your

products and/or services.

Theactofseeking,orendeavoringtogain,whatanotherisendeavoringtogainatthesametime;

commonstrifeforthesame objects; strifefor

superiority;emulouscontest;rivalry,asfor

approbation,foraprize,oraswheretwoormore

persons areengagedinthesamebusinessandeachseekingpatronage;followedbyforbeforetheobject

sought,andwithbeforethepersonorthingcompetedwith.


(Promotion through use of internet) ..Online reviews influence the way they buy or

patronize businesses. The Internet is the new 21st-century Yellow Pages. on thisway online about business views are collect . through this information manager or boardof director of a company change or enhance the gradients according to the consumer

wants.

(Compete the competition through use of internet). Internet have all profile of all

companies a less develop business can take the information about develop businessactivities like

Employ performance

How he advertise his product

Way of creating good will

Through this information a less develop business can see all activities and adopt

these kinds of activities for compete the competition.

Example:

If a company ABCD have low good will at the point of the consumer as compare to

JKL company . to compete JKL company the ABCD company start a swot analyses

through the yellow page . Then he maid a changes according to the views of the
http://ardictionary.com/The/2611http://ardictionary.com/Act/1734http://ardictionary.com/Of/869http://ardictionary.com/Seeking/3950http://ardictionary.com/Or/1924http://ardictionary.com/Or/1924http://ardictionary.com/Endeavoring/2648http://ardictionary.com/Endeavoring/2648http://ardictionary.com/To/4489http://ardictionary.com/Gain/128http://ardictionary.com/What/2034http://ardictionary.com/Another/6424http://ardictionary.com/Is/7341http://ardictionary.com/Endeavoring/2648http://ardictionary.com/To/4489http://ardictionary.com/To/4489http://ardictionary.com/Gain/128http://ardictionary.com/At/9982http://ardictionary.com/At/9982http://ardictionary.com/The/2611http://ardictionary.com/Same/773http://ardictionary.com/Same/773http://ardictionary.com/Time/4099http://ardictionary.com/Common/8866http://ardictionary.com/Strife/16611http://ardictionary.com/For/4655http://ardictionary.com/The/2611http://ardictionary.com/Same/773http://ardictionary.com/Same/773http://ardictionary.com/Strife/16611http://ardictionary.com/For/4655http://ardictionary.com/Superiority/18938http://ardictionary.com/Emulous/2326http://ardictionary.com/Emulous/2326http://ardictionary.com/Contest/11311http://ardictionary.com/Rivalry/6881http://ardictionary.com/Rivalry/6881http://ardictionary.com/As/9128http://ardictionary.com/As/9128http://ardictionary.com/For/4655http://ardictionary.com/For/4655http://ardictionary.com/Approbation/7863http://ardictionary.com/For/4655http://ardictionary.com/For/4655http://ardictionary.com/A/1http://ardictionary.com/A/1http://ardictionary.com/Prize/11998http://ardictionary.com/Or/1924http://ardictionary.com/As/9128http://ardictionary.com/Where/2150http://ardictionary.com/Two/8946http://ardictionary.com/Or/1924http://ardictionary.com/More/7018http://ardictionary.com/Are/8392http://ardictionary.com/Engaged/2927http://ardictionary.com/Engaged/2927http://ardictionary.com/In/1915http://ardictionary.com/In/1915http://ardictionary.com/The/2611http://ardictionary.com/Same/773http://ardictionary.com/Same/773http://ardictionary.com/Business/9341http://ardictionary.com/And/5818http://ardictionary.com/Each/4http://ardictionary.com/Seeking/3950http://ardictionary.com/Patronage/2517http://ardictionary.com/Followed/4444http://ardictionary.com/Followed/4444http://ardictionary.com/By/9543http://ardictionary.com/For/4655http://ardictionary.com/Before/2488http://ardictionary.com/The/2611http://ardictionary.com/The/2611http://ardictionary.com/Object/141http://ardictionary.com/Sought/3949http://ardictionary.com/And/5818http://ardictionary.com/With/3383http://ardictionary.com/With/3383http://ardictionary.com/Before/2488http://ardictionary.com/The/2611http://ardictionary.com/The/2611http://ardictionary.com/Person/4420http://ardictionary.com/Or/1924http://ardictionary.com/Thing/3049http://ardictionary.com/Competed/9169http://ardictionary.com/Competed/9169http://ardictionary.com/With/3383http://ardictionary.com/The/2611http://ardictionary.com/Act/1734http://ardictionary.com/Of/869http://ardictionary.com/Seeking/3950http://ardictionary.com/Or/1924http://ardictionary.com/Endeavoring/2648http://ardictionary.com/To/4489http://ardictionary.com/Gain/128http://ardictionary.com/What/2034http://ardictionary.com/Another/6424http://ardictionary.com/Is/7341http://ardictionary.com/Endeavoring/2648http://ardictionary.com/To/4489http://ardictionary.com/Gain/128http://ardictionary.com/At/9982http://ardictionary.com/The/2611http://ardictionary.com/Same/773http://ardictionary.com/Time/4099http://ardictionary.com/Common/8866http://ardictionary.com/Strife/16611http://ardictionary.com/For/4655http://ardictionary.com/The/2611http://ardictionary.com/Same/773http://ardictionary.com/Strife/16611http://ardictionary.com/For/4655http://ardictionary.com/Superiority/18938http://ardictionary.com/Emulous/2326http://ardictionary.com/Contest/11311http://ardictionary.com/Rivalry/6881http://ardictionary.com/As/9128http://ardictionary.com/For/4655http://ardictionary.com/Approbation/7863http://ardictionary.com/For/4655http://ardictionary.com/A/1http://ardictionary.com/Prize/11998http://ardictionary.com/Or/1924http://ardictionary.com/As/9128http://ardictionary.com/Where/2150http://ardictionary.com/Two/8946http://ardictionary.com/Or/1924http://ardictionary.com/More/7018http://ardictionary.com/Are/8392http://ardictionary.com/Engaged/2927http://ardictionary.com/In/1915http://ardictionary.com/The/2611http://ardictionary.com/Same/773http://ardictionary.com/Business/9341http://ardictionary.com/And/5818http://ardictionary.com/Each/4http://ardictionary.com/Seeking/3950http://ardictionary.com/Patronage/2517http://ardictionary.com/Followed/4444http://ardictionary.com/By/9543http://ardictionary.com/For/4655http://ardictionary.com/Before/2488http://ardictionary.com/The/2611http://ardictionary.com/Object/141http://ardictionary.com/Sought/3949http://ardictionary.com/And/5818http://ardictionary.com/With/3383http://ardictionary.com/Before/2488http://ardictionary.com/The/2611http://ardictionary.com/Person/4420http://ardictionary.com/Or/1924http://ardictionary.com/Thing/3049http://ardictionary.com/Competed/9169http://ardictionary.com/With/3383


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consumers like color of cover of product . The company takes further action to

compete competition he collect all information through internet about JKL Company.

And before collect this information the ABCD Company made changes explainbelow.

He change the advertising method

Manner of work in a company

High technology machinery

After this changes the ABCD company now have a good and healthy business

due effective decision making through use of internet.

Case 4) Effective decision by use of internet while making tender agreement

Explanation

TENDER - A tender is an offer to do or perform an act which the partyoffering, is bound to perform to the party to whom the offer is made.

Now company has a facility to give his tender through internet. An

internet provides vide range of acceptors of the tender now throughinternet managers of the company can analyses that either the promise of the tender can

fulfill all condition which is given in tender of the company . through these analysis

company make better decision.

Example

If ABCD fabric manufacturer company require high technology machinery tomanufacture fabric now he use the internet way to communicate his tender then most of

100 acceptor accept this tender and send applications to fulfill this tender . the company

mangers analyses all the applicant financial position and then he select the promise

Case no 5) Effective decision making by using internet while hire services

When company want to hire services like a bank want to hire

services of security. Internet provides a list of company which offer

hire some services. Internet also provide the history of company bywhich manager evaluate the how much efficiently he provide

services .


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use of internet in business

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