Chapter 7, Problem 7DQ

Explanation of Solution

 Determining whether the business get benefits via internet:

• There are few factors to decide both success and failure of a business on the market.
• Missing any one of the following factors might lead to a failure in business:
  • Website traffic
  • Website appearance
  • Keywords and back links for indexing in the searching
• Information, accessibility and knowledge distribution are improved by the internet.
• Apart from that, it will decrease the cost required for transmission, agency costs, storage and transaction.
• Internet can build or re-built the key business process.
• It gives more information to the customers, which increase their bargaining knowledge...