Premium Essay

Adv & Disadv of Using Information on the Internet

In:

Submitted By Lissr
Words 639
Pages 3
Discuss the Advantages & Perils of using information from the internet
The Internet (or World Wide Web) can be known as a kind of global meeting place where people from all parts of the world can come together. The internet service is available through your internet friendly device, i.e. computer, laptop, tablet or mobile phone, where just about everything under the sun is now at the fingertips of anyone who has access. Information in abundance!
Of course with anything there are advantages & disadvantages on information usage.
Advantages:
1. Access - The internet is a virtual treasure trove of information, any kind of information on any topic is available. The powerful search engines available on the internet can help you to find data on any subject that you need. 2. Convenience – because of the nature of accessing the internet you can have the information or means to acquire the information quickly, and just about anywhere. For example, in a meeting, at a bus stop (for a timetable), in your own home, etc. If you want to read a book these days you can download it rather than trekking down to the library or book store. 3. Cost effective – It can be cheaper to say read your downloaded book, catch a bus or drive to the local shops to buy a paper to read the news, pay for bank statements when you can now download them for free, free mail via email (no more postage stamps). 4. Nature – the information can target specific levels of study or business. Everything from scholarly articles to those directed at children, or has a more visual direction with Graphical interpretations and flow charts. 5. Ease of sharing – now with email it is much easier & faster to contact & share information with others rather than physically having to post it in the mail or arrange a meeting. 6. Time efficient – It can take seconds to send an email as

Similar Documents

Free Essay

Management Information Systems

...Find more on www.studymaterial.ca ADMS 2511 MIS Notes Ch 1 – Modern Organization in the Global, Web-Based Environment Management information systems (MIS)- deals with the planning of info tech to help people perform tasks related to info processing and management Information technology (IT)- any computer-based tool used with info to support the needs of an org Importance of Planning for IT -a new info system can apply to the whole org, or a specific area of the org Application portfolios- are groups of new system proposals (apps that have to be added/modified) IT Planning -begins with an organizational strategic plan -states  the  firm’s  mission,  goals,  and  steps  to  reach  those  goals -IT architecture describes  the  way  an  org’s  info  resources  should  be  used  to  accomplish  its  mission -includes both technical (hardware operating systems) and managerial aspects (managing the IT dpt, how area managers will be involved) IT strategic plan- LT goals that describe the IT infrastructure and major IT initiatives to achieve the organization’s  goals -it must meet three main objectives: -must  be  aligned  with  the  org’s  strategic  plan -must provide for an IT architecture that networks users, apps, and databases -must efficiently allocate IS resources among different projects so they can all be completed on time, within budget, and function properly IT steering committee- composed of managers/staff who rep diff organizational units -they  establish  IT  priorities...

Words: 24496 - Pages: 98

Premium Essay

Gqendkekek,, Y, Y

...Bus 109 qn 1 5pts Draw a demand and supply curve . Label properly with axis. Explain the curve and how it works . How to shift both curves. How to shift demand curve. 10 pts increase demand by doing what ?: Make people want it more. Marketing or advertising . Red line goes up. Not enough supply. New equilibrium point (higher on the price axis) *shift to the right. * price increase and quantity increase. 10 pts draw and explain increase in technology and how it effects the graph: Supply increases so it is cheaper to produce. The supply curve shifts to the right because more quantity produced. Price also decreases. Qn2 Personal Insurance. Liability automobile insurance bodily injury liability : held legally liable for damage caused by car or driving eg disability,death, breadwinner is handicapped and can no longer earn for the family. Property damage liability insurance damage to the other persons car or other property eg house that you drove into. COGS in a truck that's hit. Uninsured motorist. The person has no auto insurance. Bodily damages , breadwinner, medical bills. (first party insurance covers your own family and own party) Medical payments only medical bills. Group insurance also included. Possibly not first party liability but if it was your fault. Personal injury protection (no fault states only. Only two no fault states) take care of major injuries. Time off work(breadwinner situation) , medical bills. Physical damage protection ...

Words: 2229 - Pages: 9

Free Essay

Marketing 279 Term Paper

...Over-Booked Marketing 379 – Market Research Methods Executive Summary This service offered by us will allow current college students to have access to required textbooks through an electronic book service. This type of service will be different from our competitors as it will be available through kiosks placed on campus and students will have choices between renting only a portion or an entire book. Rent duration will be anywhere from just one day to an entire semester – all for a student to decide. Another characteristic that differentiates us from competitors is our ability to offer electronic books at a low price. Our product is user-friendly and developed specifically for college students who need quick and easy access to desirable textbooks and parts of textbooks without paying a large amount of money for them. In order to move forward with our product, we first needed to estimate our potential customer demand. A survey was conducted on various college and university campuses and covered over 200 students. Questions required both qualitative and quantitative responses that allowed us to answer our research objectives. * What industry are we in? * What are the current industry trends for e textbooks? Growth or decline? Products offered? Consumer targets? Advertising and promotions? * Who are the competitors and what is their target and marketing mix? * What is the consumer behavior of students with regard to buying textbooks and e-textbooks? How...

Words: 18818 - Pages: 76

Premium Essay

Adms 4900 Final Exam Cheat Sheet

...offshore busineses. Strengths: Well Established (CIBC) | Only major bank serving the Caribbean, this experience has given the bank strong leadership, expertise, and management skills. In addition, CIBC has 40 branches in 8 countries giving it a strong brand and public image in Caribbean | Effective System (CIBC) | (CIBS) that will enable efficient operations and allow the company to go into new channels | Strong Client Relationship (Barclay) | Strong client relationship building system, targeted to its working client base | Weaknesses: Inefficiency (CIBC) | Current banking system is not fully utilized because investment exceeds scale of operations | Ineffectiveness (Barclays) | BRAINS system is ineffective in facilitating internet and telephone banking, and operations are manually intensive and costly compared to competitors. | Competitive Advantage: (CIBC)Well established since 1920’s, is the only major bank serving the Caribbean as a separate unit, and has an effective and efficient banking system (ICBS).(Barclays) Strong customer relationships which resulted in its market position and maintained its margins. Core Competencies: (CIBC)Market leader in credit card sales, retail banking, offshore and capital market activities. (Barclays) onshore business, rationalization, and controlled development of offshore business. Conclusion: There are a few resources that both companies can take from each other. Firstly, CIBC has an efficient banking system that is...

Words: 8382 - Pages: 34

Premium Essay

Assistant Manager

...Implementing the programme 3. Controlling the personal selling effort of the firm The role of Personal Selling in Marketing * Sales people critical link between firm and its customers * In the customers’ eyes sale people are the company * Play dominant role in the overall marketing programme. Relationship Selling: a practice of building ties to customers based on sales person’s attention and commitment to customer Involves mutual respect and trust. Focuses on creating long term customers, not on one time sale Partnership Selling/Enterprise Selling Buyers and sellers combine their expertise and resources to create customized solutions. Commit to joint planning, sharing of customer competitive and company information for mutual benefit X’tics of Modern Selling * customer retention and deletion * Data base and knowledge management * Customer relationship management * Marketing the product * Satisfying needs and adding value * Problem solving and system solutions Types/Forms of Personal Selling 1. Order Taking: Involves routine order processing. The primary responsibility of order takers is to maintain sales and preserve ongoing relationship with existing customers....

Words: 6289 - Pages: 26

Premium Essay

Inernational Business Notes

...International Business Exam Chapter 1 Notes   Domestic vs International Business * Business: is the manufacturing of goods or services in order to make a profit * Term “trade” is used interchangeably with business * Transactions: exchange of things of value   * Domestic Business: business that transacts mainly in the country it was base din * ie owned by Canadians, in Canada, selling to Canadians (Rare) * International Business: economic system of transactions conducted between businesses in different countries   * Domestic Transaction: between 2 Canadian companies * International Transaction: between Canadian + non Canadian company   * Domestic Market: the customers of a business who are in the same country as the business * Foreign Market: the customers of a business who are in a different country as the business   * 5 Ways for businesses to must be international * MUST own retailers or distributors in another country * MUST own manufacturing plant in another country * MUST export to other countries * MUST import from others * MUST invest in other country businesses   * Trading Partner: Canada businesses make relationship with businesses in another country, so they would be Canada’s trading partner.   History of Canadian Trade * European Trade * 1700s – trades grew fast after permanent Canadian settlement * Demand for raw materials (beaver pelts, fish, lumber) ...

Words: 12172 - Pages: 49

Free Essay

Android

...presented. 1 Android Android, originally meaning “robot”, is a mobile operating system using a modified version of the Linux kernel. It was initially developed by Android Inc., a firm later purchased by Google,[?]and lately by the Open Handset Alliance[?]. It allows developers to write managed code in the Java language, controlling the device via Google-developed Java libraries.[8] It empolys the software stack architecture, as shown in Figure 1. • Android relies on Linux version 2.6 for core system services such as security, memory management, process management, network stack, and driver model. The kernel also acts as an abstraction layer between the hardware and the rest of the software stack. It is implemented by programming language C. • The middleware level includes Runtime and Libraries. The Runtime includes core libraries, providing most of the functionality available in the core libraries of the Java programming language, and Dalvik virtual machine which allows every Android application runs in its own process. The Libraries is used by various components of the Android system, such as Media Libraries, 3D libraries, and etc. • The upper level is Application framework and Application. Application framework is offering developers the ability to build extremely rich and innovative applications. Developers are free to take advantage of the device hardware, access location information, run background services, set alarms, add notifications to the status bar, and much, much more...

Words: 6786 - Pages: 28

Premium Essay

Marketing Test Research

...Chapter 7 Information & Decision Making 1. Information, Technology & Management a. Must-have competencies i. Technological competency-ability to understand new technologies & to use them to their best advantage ii. Information competency-ability to locate, gather & organize information for use in decision making iii. Analytical competency-ability to evaluate & analyze information to make actual decision making problems b. What is Useful Information? iv. Data-raw facts & observations v. Information-data made useful & meaningful for decision making 1. Timely-the information is available when needed; meets deadlines for decision making & action 2. High quality-the information is accurate, & it is reliable; it can be used with confidence 3. Complete-the information is complete & sufficient for the task at hand; it is as current & up to date as possible 4. Relevant-the information is appropriate for the task at hand; it is free from extraneous or irrelevant materials 5. Understandable-the information is clear & easily understood by the user; it is free from unnecessary detail vi. Analytics-involves the systematic gathering & processing of data to make informed decisions c. Information Systems & Business Intelligence vii. Management information systems-use the latest technologies...

Words: 5660 - Pages: 23

Premium Essay

Supply Chain

...THIRD EDITI ----- --·-- --·-- - - -- - O N -- SU PP LY CH AI N MA NA GE ME NT Stra tegy , Plan ning , and Ope ratio n Sunil Chopra Kellogg Schoo l of Manag ement Northwestern University Peter Meindl Stanfo rd University --------Prentice I-I all Uppe r Saddl e River , New Jersey ·--· PEAR SON -- · - · - - - "ibrary of Congress Cataloging-in-Publication Data :::hopra, Sunil Supply chain management: strategy, planning, and operation I Sunil Chopra, >eter Meind!.-3rd ed. p. em. Includes bibliographical references and index. ISBN: 0-13-208608-5 1. Marketing channels-Managemen t. 2. Delivery of goods-Management. i. Physical distribution of goods-Management. 4. Customer servicesvfanagement. 5. Industrial procurement. 6. Materials management. I. vfeindl, Peter II. Title. HF5415.13.C533 2007 658.7-dc22 2006004948 \VP/Executive Editor: Mark Pfaltzgraff ii:ditorial Director: Jeff Shelstad ;enior Project Manager: Alana Bradley E:ditorial Assistant: Barbara Witmer Vledia Product Development Manager: Nancy Welcher \VP/Executive Marketing Manager: Debbie Clare Vlarketing Assistant: Joanna Sabella ;enior Managing Editor (Production): Cynthia Regan flroduction Editor: Melissa Feimer flermissions Supervisor: Charles Morris Vlanufacturing Buyer: Michelle Klein Vlanager, Print Production: Christy Mahon Composition/Full-Service Project Management: Karen Ettinger, TechBooks, Inc. flrinter/Binder: Hamilton Printing Company Inc. fypeface: 10/12 Times Ten Roman :::redits...

Words: 138607 - Pages: 555

Premium Essay

Lulzking

...THIRD EDITI ----- --·-- --·-- - - -- - O N -- SU PP LY CH AI N MA NA GE ME NT Stra tegy , Plan ning , and Ope ratio n Sunil Chopra Kellogg Schoo l of Manag ement Northwestern University Peter Meindl Stanfo rd University PEAR SON --------Prentice I-I all Uppe r Saddl e River , New Jersey ·--· -- · - · - - - "ibrary of Congress Cataloging-in-Publication Data :::hopra, Sunil Supply chain management: strategy, planning, and operation I Sunil Chopra, >eter Meind!.-3rd ed. p. em. Includes bibliographical references and index. ISBN: 0-13-208608-5 1. Marketing channels-Managemen t. 2. Delivery of goods-Management. i. Physical distribution of goods-Management. 4. Customer servicesvfanagement. 5. Industrial procurement. 6. Materials management. I. vfeindl, Peter II. Title. HF5415.13.C533 2007 658.7-dc22 2006004948 \VP/Executive Editor: Mark Pfaltzgraff ii:ditorial Director: Jeff Shelstad ;enior Project Manager: Alana Bradley E:ditorial Assistant: Barbara Witmer Vledia Product Development Manager: Nancy Welcher \VP/Executive Marketing Manager: Debbie Clare Vlarketing Assistant: Joanna Sabella ;enior Managing Editor (Production): Cynthia Regan flroduction Editor: Melissa Feimer flermissions Supervisor: Charles Morris Vlanufacturing Buyer: Michelle Klein Vlanager, Print Production: Christy Mahon Composition/Full-Service Project Management: Karen Ettinger, TechBooks, Inc. flrinter/Binder: Hamilton Printing Company Inc. fypeface:...

Words: 141930 - Pages: 568

Free Essay

Project

...The Internet Newspaper for Young Nigerians * Home * News * Opinion * Politics * Entertainment * More * More For the Records: The Edo State 2012 Budget of Continuity   EDO STATE GOVERNMENT. FY2012 BUDGET OF CONTINUITY 1 Table of Content * Budget Summary ……………………………………………………………………………. 2 * Revenue ……………………………………………………………………………. 3-17 * Recurrent Expenditure …………………………………………………………………………… 18 -22 * Capital Receipt …………………………………………………………………………… 23 – 31 * Consolidated Revenue Funds Charges ………………………………………………………………………….. 32 – 33 * Capital Budget o Summary …………………………………………………………………… 35 o Agriculture ………………………………………………………………………….. 36 – 37 o Fisheries …………………………………………………………………………… 38 o Livestock …………………………………………………………………………… 49 o Arts, Culture & Tourism …………………………………………………………………………… 40 o Commerce & Industry …………………………………………………………………………… 41 o Education …………………………………………………………………………… 42 – 43 o Energy (Rural Electrification) ………………………………………………………………………….. 44 – 46 o Water Resources ………………………………………………………………………….. 47 – 59 o Rural Water & Sanitation ………………………………………………………………………….. 50 – 52 o Drainage & Sewage/Environmental Protection …………………………………………………… 53 o Forestry ………………………………………………………………………….. 54 o Health ………………………………………………………………………….. 55 – 56 o Information & Orientation ………………………………………………………………………….. 57 o Community Development ………………………………………………………………………….. 58 o Lands, Surveys & Housing …………………………………………………………………………...

Words: 32812 - Pages: 132