A high level of free-enterprise(a)ness is one of the most(prenominal) signifi natest characteristics of the modern business environment . In to piddle and advance a competitive edge , businesses argon throng knotty amounts of foodstuffplace intelligence to customize their products more to market tastes and preferences . As a conduce businesses these days pass water to fix great amounts of information and they have to ensure as fountainhead that these entropy ar converted to friendship that has strategical enormousness . To this end , software products such as entropybase management arrangements and knowledge management systems have been developed . These are intelligent systems that go up automatically generate mission critical reports so that managers spate make their decision faster . however all the in formation and the knowledge generated by these systems , as we learn from chapter cardinal will be of little value unless they can be overlap and stored properly This is where the fiber of the net profit becomes consequential . nearly of the data these days are stored on the web which can be accessed from anywhere in the world . In this expressive style , the Internet facilitates information sharing to a significant tip . so the increase of database management systems and knowledge management systems we get a line come out of the closet near in chapter four has given new strategic value to the Internet .According to chapter 4b , the reading of the digital buckram has facilitated the development of the knowledge management system which enables faster decision fashioning . This has been made possible by the emergence of the Internet engineering science inasmuch as the Internet speeds up the flow of information . unitary of the most important sources of competitiv e advantage for the digital firm is that the! capturing of data is automated . As a settlement , possibilities of data redundancy and data mutual exclusiveness are minimized . In addition to speeding up the decision making border , it as well reduces the operational be because the same data are not captured twice .
otherwise elements of information technology the occasion of which have been reard by the Internet , as mentioned in chapter 4b , are computer support design , virtual naturalism systems and artificial intelligence . computing device aided designs have facilitated the development of more efficient engineering systems because it allows the engineers to simulate the actual processes and recognise flaws in advance . However these designs require coordination from divers(prenominal) departments in terms of creative and logistical inputs . As a result , the Internet once again enhances the strength of the process by sharing these designs online . Virtual reality systems also create simulations thereby allowing developers to reduce costs by avoiding take pitfalls later on . Artificial intelligence manipulates complex variables to enhance the effectiveness of different forecasting models . As a result business managers are able to take pre-emptive measures against unfavorable market movementsChapter five emphasizes the role of computer networking in energizing the feast of the Internet . In this respect , Ethan Zuckerman s video clip has important information about the evolution of computer networking systems . As we weigh from the video , emailing systems have been around since the 1960s . Initially the networking systems were not...If you want to get a full essay, order it on our website: BestEssayCheap.com
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