Ways in which the internet has changed the way business operate in the Essay

Ways in which the profit has changed the way business operate in the spherical marketplace - Essay ExampleIt is a business process in which jobs of one system of rules is get done in another distant organization with the help of internet. In other words, an American organization can get their work done through and through an Indian organization without travelling to India. Internet provides exclusively the platforms like email, audio and video conferencing etc for enhancing business communications between people staying in different split of the world. It should be noted that India like countries have huge manpower strength and therefore labour charges in these countries are extremely low whereas in countries like America, manpower shortage is visible everywhere and therefore labour changes are more. Outsourcing helps American organizations to exploit the cheap labour markets and save billions of dollars every division.According to forward-looking figures released by the Unit ed States Department of Commerce e-Commerce Sales accounted for 2.4% of all sales in the fourth pull out of 2005, up from 2.3% the previous quarter, Total fourth quarter e-commerce revenues came to a seasonally adjusted $22.94 billion. For all year 2005, e-commerce sales rose by 24.6% according to information from the U.S. Census Stats (Internet World Stats News)E-commerce is another business plane section developed as a result of the introduction of internet. Many people started to rely on internet for their purchasing needs. It is easy to purchase studyity of the products available in the world through internet. One of the major advantages of internet purchase is the opportunity to purchase anything from anywhere in the world at any time, utilize credit cards.Internet opened many opportunities to sell domestic products in international market. Earlier, it was difficult for down(p) companies to sell their products in international markets because of the difficulties in accompl ishing exporting and importing formalities. However, it is easy for such companies to sell their products through internet without much hassles.In