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THE DIGITAL PHENOMENON
•   Data networks
•   Intense competition
•   Globalization
•   Information age             DIGITAL
•   Technologies
•   Automation
•   Low cost high quality products/services
Data networks

With the advent of data networks such as the
local area networks and the internet,
dispersed computing systems can now be
connected together. This not only allows
seamless flow of information but also opens
many new opportunities including e-
commerce.
Intense Competition
In nearly all business, competition is
becoming increasingly intense. In order to
survive, companies are constantly looking
for more effective ways to provide better
customer services. E-commerce is one of
the effective ways
Globalization
To maintain growth of profit, many companies
are moving to the international market.
However, one of the major obstacles is the
graphical barrier. E-commerce provides an
effective “vehicle” for companies to move to
the international market because there is
almost no geographical barrier in cyberspace.
In other words, it is easier for a foreign
company to compete with the local company
under the cyber environment. Globalization is
a complex issue.
Information age

As we enter the information age, information
becomes a valuable asset. Therefore
companies are looking for more effective
ways to collect, update, and manipulate
various types of information particularly for
marketing purposes. E-commerce facilitates
this.
Technologies

With the advent of technologies, many
business ideas can now be realized.
Technologies are the enabler for e-
commerce.
Automation
As the cost of labor increases, there is a
strong need for companies to look for
alternative ways to do routine work. This
is particularly true in handling the myriad
paper transactions once on order is
taken. With electronic messages one can
reduce this considerably. E-commerce
thus provides an attractive solution.
Low cost high quality
        products/services

“Low cost high quality products/services” has
become one of the major business
philosophies in the 21st century because of
competitions      and      high     customer
expectations. Companies are looking for
ways to satisfy these requirements.
Low cost high quality
        products/services

“Low cost high quality products/services” has
become one of the major business
philosophies in the 21st century because of
competitions      and      high     customer
expectations. Companies are looking for
ways to satisfy these requirements.

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The digital phenomenon

  • 2. Data networks • Intense competition • Globalization • Information age DIGITAL • Technologies • Automation • Low cost high quality products/services
  • 3. Data networks With the advent of data networks such as the local area networks and the internet, dispersed computing systems can now be connected together. This not only allows seamless flow of information but also opens many new opportunities including e- commerce.
  • 4. Intense Competition In nearly all business, competition is becoming increasingly intense. In order to survive, companies are constantly looking for more effective ways to provide better customer services. E-commerce is one of the effective ways
  • 5. Globalization To maintain growth of profit, many companies are moving to the international market. However, one of the major obstacles is the graphical barrier. E-commerce provides an effective “vehicle” for companies to move to the international market because there is almost no geographical barrier in cyberspace. In other words, it is easier for a foreign company to compete with the local company under the cyber environment. Globalization is a complex issue.
  • 6. Information age As we enter the information age, information becomes a valuable asset. Therefore companies are looking for more effective ways to collect, update, and manipulate various types of information particularly for marketing purposes. E-commerce facilitates this.
  • 7. Technologies With the advent of technologies, many business ideas can now be realized. Technologies are the enabler for e- commerce.
  • 8. Automation As the cost of labor increases, there is a strong need for companies to look for alternative ways to do routine work. This is particularly true in handling the myriad paper transactions once on order is taken. With electronic messages one can reduce this considerably. E-commerce thus provides an attractive solution.
  • 9. Low cost high quality products/services “Low cost high quality products/services” has become one of the major business philosophies in the 21st century because of competitions and high customer expectations. Companies are looking for ways to satisfy these requirements.
  • 10. Low cost high quality products/services “Low cost high quality products/services” has become one of the major business philosophies in the 21st century because of competitions and high customer expectations. Companies are looking for ways to satisfy these requirements.