How Can the Internet Be Used for Competitive Advantage in Business

question 22

Essay

How can the Internet be used for competitive advantage in business? Describe three firms which are using the Internet for conducting business, and speculate as to the underlying technologies which might be in use in these firms. Will the Internet become an essential business tool like the telephone or will it go the way of the dinosaurs? What do you envision the Internet and web becoming in the future for businesses? Discuss.

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Definitions:

Imaginary Creatures

Fictional beings or monsters that exist only in the imagination and are not based on any real creatures.

Gender-schema Theory

A theory suggesting that people learn about gender roles and cultural expectations primarily through socialization.

Gender Concepts

Theories and notions that explain how society interprets and interacts with differences in gender identities and roles.

Natural Selection

A process in evolutionary biology where organisms better adapted to their environment tend to survive and produce more offspring.