The impact of E-Commerce on Supply Chain Management

GRIN Verlag
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Essay from the year 2006 in the subject Business economics - Supply, Production, Logistics, grade: 5,0 (sehr gut), University of Pécs (Faculty of Business and Economics), course: Marketing III, 13 entries in the bibliography, language: English, abstract: No innovation or invention in the last decades had a stronger impact on our daily live than the development of the World Wide Web (www, also called “Internet”). Personal computers appeared in offices at the beginning of the 1980es in greater quantities. However, each workstation could used only for its own or within limited networks (for instance within one division of a company). On the other hand, like so often, U.S. military researcher, the U.S. Defense Advanced Research Projects Agency (DARPA) initiated in 1973 a research program to investigate techniques and technologies for interlinking packet networks of various kinds. The objective of this research programme was to develop communication protocols that are essential for the communication between computers and that should allow transparent communication across multiple, linked packet networks. In 1986, the U.S. National Science Foundation (NSF) initiated the development of the NSFNET which, today, provides a major backbone communication service for the internet. Later, the networks began becoming public and emerged. By the end of 1991, the Internet has grown to include about 5’000 networks in over three dozen countries, serving over 700’000 host computers used by over 4’000’000 people. But this was only starting the incredible growth of the web community. Growth rates in Internet access and use of more than 150 per cent per year are still possible ( i.e.: in 2003 the growth in using Internet was 123.8% in Hungary and 166.7% in Malta). So it is not a surprise, that in developed Western European countries about 50% of the whole population in surveys mention the use of the web. As the table in the appendix shows, the share of Internet user is going to align nearly the number of landline telephone extensions.
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Additional Information

Publisher
GRIN Verlag
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Published on
Dec 4, 2007
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Pages
20
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ISBN
9783638870603
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Language
English
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Genres
Business & Economics / General
Business & Economics / Production & Operations Management
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Content Protection
This content is DRM protected.
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Available on Android devices
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Eligible for Family Library

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Essay from the year 2007 in the subject Business economics - Economic Policy, grade: 4,0 (gut), University of Pécs (Faculty of Business and Economics), course: Corporate Finance, 26 entries in the bibliography, language: English, abstract: Two fields of policy have a strong impact on a national economy and its development. The first of the two policies that are designed to supplement each other, falls into governments responsibility, more exactly it is formulated by the minister of finance. This one is fiscal policy. The second one, monetary policy, is designed by the national bank. For making clear the difference between both I would like to explain both policies as an introduction to the topic of this paper. “The government’s choice of tax and spending programs, which influences the amount and maturity of government debt as well as the level, composition, and distribution of national output and income. Many summary indicators of fiscal policy exist. Some, such as the budget surplus or deficit, are narrowly budgetary. Others attempt to reflect aspects of how fiscal policy affects the economy. For example, a decrease in the standarized-budget surplus (or increase in the standarized-budget deficit) measures the short-term stimulus of demand that results from higher spending or lower taxes. The fiscal gap measures whether current fiscal policy implies a budget that is close enough to balance to be sustainable over the long term. The fiscal gap represents the amount by which taxes would have to be raised, or spending cut, to keep the ratio of debt to GDP from rising forever. Other important measures of fiscal policy include the ratios of total taxes and total spending to GDP.” In the way of deciding about the amount of expenditures and premises for spending, fiscal policy is an important tool for government for setting macroeconomic conditions.
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