How Has Internet Technology Affected the External Environment for Many

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The Answer is a. All economic events occur within these environments, but the pattern of economic activity for many organizations is changing rapidly as new technology and business models are developed.
b. Labor has historically been a part of the local environment; witness the historical "company" towns that sprang up near mines, factories, and agricultural areas. With advances in technology, it has becoming easier for employees to telecommute or work in an interconnected "virtual" office. This means that a company's workforce could be anywhere in the world. The cleaning staff may need to be local, but much of the intellectual capital that generates the primary value of an organization may be widely dispersed. For example, many software companies use programmers located around the world, each of whom works in his or her own time zone and forwards the code he or she has written to other programmers at the end of the day. India is rapidly becoming an attractive location for service centers as many companies establish call centers there (facilitated by the increasing quality and declining cost of global telecommunications).
c. Customers are also becoming more global. Having a grocery store nearby for fresh meat and produce may be important to most people, but most consumer products can be shipped great distances. Mail order sales (such as through Sears) and telemarketing (such as for insurance policies) have existed for many years, but the Internet has created the opportunity to link thin demand across a very wide area.

How Has Internet Technology Affected the External Environment for Many

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