MIGRATION FROM TRADITIONAL BUSINESSES TO DIGITAL FIRMS AND THE EFFECTS OF GLOBALIZATION.

    Here, we are going to examine how small businesses have move to large firms with the help of internet connection. Also, we are going to look at some effects of globalization on these businesses. Particular we are going to examine how the internet has uplifted these businesses. We are going to answer the questions below to understand how internet has change the business world.

• How has internet connection change the business world?
• What are the principal payment system for e commerce ?
• How can internet connection facilitate internal business transactions?
• What are the major managerial problems caused by e commerce ?

With our understanding of all these, we are going to see how the internet has move small businesses to digital firms.

  AMAZON.COM

 Amazon is one of the biggest known seller of books in the world. This firm started as a small seller of books in the UK but over time and with the help of the internet it has become one of the major supplier of books in the world today. How did the achieve this?

1. Business-to-customers (B2C): They electronically retail directly to customers
2. Business- to- business (B2B): They electronically sale among  businesses 
3. Customers-to-Customers (C2C): They sell among customers
4. Mobile Commerce:

• use of hand held wireless devices for the purchase of books
• used in B2B and B2C e commerce transactions. 

      5.   Facilitate dynamic pricing

• real time interaction between buyers and sellers determines worth of  item 

      6.   Facilitate banner Ads 

• pop up Ads that users must click to close

    7.    Reduce transaction cost 

• reduce cost of finding buyers and delivering books 

IMPACT OF INFORMATION TECHNOLOGY ON THE ORGANISATION

THE EFFECTS OF THE INTERNET ON THE INCOME 



THE NET MARKETPLACE 



 EASY ONLINE PAYMENTS


All these electronic techniques have move amazon from a small traditional business to a digital firm 

                        EFFECTS OF GLOBALIZATION ON THIS DIGITAL FIRM 

 We've seen such a growth in globalization and its tentacles will only keep spreading as time goes on
There’s no doubt about the benefits this brings us all in business. There is a permanent shift in the domain of knowledge that enables any individual from any country to access large databases of resources and information. What have been the results?

Rise in Competition  

This is the single biggest benefit of globalization all around the world. With enhanced competition from foreign brands and companies, industries of every nation are compelled to improve their standards and quality and customer satisfaction services. This benefits the customers and the economy as a whole, and raises the standard of living of everybody. This could be viewed as a negative impact by many, but no-one can deny the impact it has had.

Rise in Technology and Know How

The rise in knowledge levels of countries as newer cultures and technologies are opened to a particular area are clear, Their knowledge base also grows and expands simultaneously. As a result, they are better able to handle their primary and secondary industries, and this ultimately affects their tertiary sectors in a positive manner as well.

  With all these, Amazon is not left out from this orbit 

 REFERENCES:
http://www.m-t-d.co.uk/blog/the-effects-of-globalisation-on-business.htm
https://docs.google.com/viewer?a=v&q=cache:TAXGddc3V8cJ:elearning.algonquincollege.com/coursemat/milneb/ch04.ppt+&hl=en&gl=my&pid=bl&srcid=ADGEESjRYnLQOOka2F4Qbq1UEKCb8FIgJ8JVYigomknzQ1fQ66fgwMhxXgZTIBNbVo3lX11kHCxYnub58YOwYwmtCceCtB_IGOXRRuuCaKehzcIovAJt88fu4fsk9VSJ6T3ZJlOnV6Gq&sig=AHIEtbQxwayaz45MV3RD4aOiQoFqI6ox1w