Journ 3552 group project presentation

398 views

Published on

Published in: Technology, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
398
On SlideShare
0
From Embeds
0
Number of Embeds
5
Actions
Shares
0
Downloads
2
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Journ 3552 group project presentation

  1. 1. Internet and the Economy<br />E-Commerce <br />
  2. 2. What is E-Commerce <br />http://www.youtube.com/watch?v=43kRAgmulug<br />
  3. 3. Definition of E-Commerce<br />Electronic Commerce is the process of doing business online or electronically over other networks<br />It consists of buying and selling products or services over the internet or other networks<br />Basically, E-Commerce is an “Internet Economy” that also affects the global economy <br />
  4. 4. Internet’s effects on the Economy: Revenue and Profit<br />Many companies can now provide services and products by utilizing the internet. Websites such as Amazon, Stub Hub, EBay grow and benefit from this<br />Retail companies such as Target, Wal-Mart, and Best Buy now expand business to the Internet<br />New content and services from social media, gambling sites, travel sites, music sites, and adult content are also producing revenue<br />
  5. 5. Internet’s effects on the Economy: Increased Advertising Opportunities <br />The internet has expanded the market for advertising<br />Online videos provide excellent opportunities for commercial advertisements<br />Search engines such as Google provide space for advertisements<br />The Internet process is a much quicker and more efficient way of advertising, instead of advertising in a newspaper or magazine<br />
  6. 6. Internet’s effects on the Economy: Expansion of jobs<br />With more online based companies starting, more employees are needed to work for the companies<br />More opportunities for outsourcing, which creates job globally<br />More jobs created within traditional retail companies with expansion of internet business <br />
  7. 7. Internet’s effects on the Economy: Open-source software<br />The internet provides users with free software that can compete with software giants such as Microsoft or Apple<br />Many useful websites use open-source software to provide internet users a free sharing economy<br />Wikipedia is an example of an open-source website where people may ad content, or use content to benefit themselves <br />
  8. 8. The internet's negative effects on the economy <br />Problems with regulation<br />Electronic signatures <br />Privacy concerns <br />Although many jobs are created from the internet, many are lost due to companies needing less workers to run their business<br />Fraud and crime<br />
  9. 9. Example of a negative form of E-Commerce<br />http://www.colbertnation.com/the-colbert-report-videos/265469/march-02-2010/the-word---kid-owe<br />
  10. 10. References <br />Rust, Len. "Web 2.0 Revives Internet Economy - Washingtonpost.com." Washington Post - Politics, National, World & D.C. Area News and Headlines - Washingtonpost.com. 22 Oct. 2007. Web. 29 Nov. 2010. <http://www.washingtonpost.com/wp-dyn/content/article/2007/10/22/AR2007102200753.html>.<br />Kalaw, Martine. "The Internet and Its Effect on the Economy and Governement." The Dark Side of the Internet. Http://people.hamilton.edu. Web. 29 Nov. 2010.<br />Lessig, Lawrence. “Two Economies: Commercial and Sharing”<br />

×