Impact of the Internet on a Small Business Research Paper

Impact of the Internet on a Small Business - Research Paper ExampleToday a business without the pulmonary tuberculosis of the computing power of a computer, or the use of the cyberspace, is sure to be left behind and develop very quickly. Competition in the business world is fierce and business is all about market and who passel reach the consumer first. Todays computers and net income play a vital role in accomplishing this task. It is impossible for modern business groups to think about a world without internet at present. This was non the case a mere twenty years ago when the internet was in its infancy. Irrespective of long home, medium scale or atomic scale, all types of businesses be highly dependent on internet think technologies in todays perspectives. Through the internet, a business of either size can compete in the global marketplace. In fact, on the internet, the size of an organizations operation makes little difference because the internet is an open enviro nment. Similar companies compete against one another while being only a ticktock of the mouse away. In other words, a buyer can locate numerous sellers hitering akin(predicate) merchandise, similar prices and similar offers in a very short time period. As more tribe and businesses become comfortable with the internet, the marketing landscape will continue to evolve quickly in the plan of attack years (The Influence of Internet on Modern Business, 2009). The arrival of internet related technologies helped petty scale industries immensely. The internet lent a hand in small companies competing on a global level. This in give care manner factored in a small business growing into great proportions at incredible speeds never experience in history ever before. Many of the traditional business concepts were given way for internet related business strategies because of the arrival of computers and internet. For example, internet helped the business world to convert many of the offli ne market spaces into online market spaces. Moreover, outsourcing, off shoring like modern business principles were evolved out because of the developments in internet related technologies. Since a family could outsource, so easy is it to have its down fall, on many Americans who loose there job to abroad areas that had cheaper labour and less taxes. We can see this with a majority of companies at a minimum outsourcing their call up tech support. Many of these companies have tech support online twenty four hours a day and leash hundred sixty five days a year. Advertising is another in which internet helps small scale industries immensely. Social networks are used extensively by the businesses for marketing and advertising purposes. This can be seen by looking at any internet search engine today from Google, Yahoo, or any other of the one hundred and seventy search engines available. If you go to any search engine like Google or MSN you will see advertisements on the right hand s ide, or on top of the page. These are seen by millions of people today. These ads are cheap and easy to acquire to the point where any person or business can advertise for pennies on the click. At the same time, internet has the potential to affect small businesses in a negative way too. For example, internet helped globalization in many ways, but it too lent way to sites like Angies list to see if the business is reputable or garbage. It should be noted that globalization helped corporate companies to expand their business all over the world. The intrusion of corporate compani