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
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
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)
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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 ).
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.
Technology – as defined by the US National Academy of Science (cited in Jones 1996, p.17) –
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