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Internet Surpassing Geographical Boundaries, Time limitations, and Cost Restrictions

The achievements of technology have always had a profound effect on every aspect of human society and have influenced our daily lives in many ways. This is a hi-tech revolution that has transformed our communication, entertainment, and business methods and practices in the last two decades. The Internet was created as a small computer network in the late 60s and has grown to be the main and most important link between companies, governments, and individuals. It exceeds the geographical boundaries of the internet, time limits, and cost constraints. Moreover, it is easily accessible to everyone. These are inexpensive methods for pioneering technology, business models, and ideas to reach a large number of people and provide the perfect environment for entrepreneurs. With the increasing popularity of the Internet, it has become clear that the business community cannot ignore this phenomenon.

According to Chaffey (2002), companies must find ways to apply all these new communication tools and electronic transactions to traditional business procedures. The sector into which web technology has transformed is the employment sector. Information and communication technology has changed the traditional methods and practices applied in the employment sector. Online applications, online psychometric tests, candidate databases, and vacancies, online communication are some of the most important changes the Internet brings to the field of employment. The achievements of technology have always had a profound impact on all aspects of human society and have influenced our daily life in many ways.

The Internet was created as a small computer network in the late 60s and has become the main and most important link between companies, governments, and individuals. It exceeds the geographical boundaries of the internet, time limits, and cost constraints. Moreover, it is easily accessible to everyone. These are inexpensive methods for pioneering technology, business models, and ideas to reach a large number of people and provide the perfect environment for entrepreneurs. With the increasing popularity of the internet, it became clear that the business world could not ignore this phenomenon.

According to Chaffey (2002), companies must find ways to apply all these new communication tools and electronic transactions to traditional business procedures. The sector into which web technology has transformed is the employment sector. Information and communication technology has changed the traditional methods and practices applied in the employment sector. Online applications, online psychometric tests, candidate databases, and vacancies, online communication are some of the most important changes the Internet brings to the field of employment. This provides a very inexpensive way for companies to recruit candidates and generally provides a completely free way for candidates to find suitable vacancies. Moreover, Internet services provide an opportunity for firms and employees to exchange more detailed information about employee and employment characteristics, as well as the promise of instant access to competitions that are far more likely than traditional channels. A large amount of easily accessible information is the key to the success of a job website.

E-Commerce is moving towards Internet-based technology that creates a new status quo in the business world.. E-commerce is defined as all electronic information exchange that supports various business processes and is mediated both within the organization and with external stakeholders. Ultimately, E-Business is a clean business activity that transforms internal and external relationships to create value and take advantage of market opportunities driven by relevant new economic regulations.

Knowledge is Strength: This is one of the most widely accepted and applicable expressions for all aspects of human activity. The Internet is an unlimited body of information and benefits anyone who uses it properly. Knowledge provides companies with a competitive advantage in three different ways: a) by changing the structure of the industry and changing the rules of competition. b) By offering companies with new methods to outperform their competitors in the business era. c) By creating new jobs even from existing company operations requirements. Therefore, the technological and economic activities carried out by the company to conduct business are related to information. It not only changes the value chain but also changes the products or services the company produces.

There are five ways to successfully implement Information Technology in business processes. This can be done by a) assessing the intensity of information b) determining the role that Information Technology will play in the structure of industry c) understanding ways of creating a competitive advantage for their companies d) exploring new business opportunities e) developing strategic plans for utilization of information technology. Apply “Time internet” malaysia if you are a resident of Malaysia to get the best internet experience in your life.

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