1. internet and Productivity
The Internet is an improvement on efficiency of business communications with the progress of IT and the introduction of e-commerce and on-line shopping resulting in an increase in productivity. ... The new e-economy has been driven by the high demand of improving technologies in the using industries. ... A three-prong cost cut has affected B2B e-commerce. ... B2B commerce could reduce average prices across the economy by almost 4%. ... IT, e-commerce and on-line shopping improved economic performance in the recent expansion. ...
- Word Count: 881
- Approx Pages: 4
- Grade Level: Undergraduate