Thursday, November 15, 2007

E-Business and Global economy,weekly posting# 1

The remarkable invention of Internet linking individuals and businesses around the world has certainly created a unique economic environment where time and distance in no longer a barrier. The Internet has made it easier and cheaper more than ever for businesses of all sizes to transact and exchange information. Businesses that once had geographically limited customers and competitors are now finding out that the entire globe is now a potential customer and also, a competitor as well. Businesses are now open every minute of the day or night.
Buying a product across the globe is just a matter of few mouse clicks.

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