Monday, February 9, 2009

The effect of Internet on business

We’ve all heard the saying “It’s a small world”. Internet has indeed made the world even smaller and brought people closer. Perhaps not physically, but certainly in a virtual sense. With its communication advantages, the Internet revolution has touched practically every aspect of our private and professional lives. There is no doubt that its effects will grow. Communication costs will reduce. Travel time and costs will reduce as electronic data transfer increases. Information availability will explode even further and education will be available to remote areas. Trade via Internet will rapidly increase. The market will expand and be easier to reach.


One thing is for sure – this is just the beginning!

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