E-commerce

The arrival of Internet has fundamentally changed the way people communicate. The world has shrunk. Distance between different continents, countries and cities have been replaced by a huge computerized network. Under this revolution, information can be exchanged instantly with the ease of a few key strokes. Companies rushed to develop their e-commerce strategies. Many have failed. Nike, as the world¡¦s largest brand-name sports apparel company, is one of the few survivors. Unlike other companies, …

…reach of authority to control flar-flung empires. Seven Eleven will continue to adapt new business techniques. Cemex will continue to expand its global boundaries by purchasing foreign corporations. Merrill Lynch will remain competitive despite the immense challenge from small trading companies. Information and communication technology are used to reduce cost, analyze data, and interconnect the company. The blending of e-commerce with day-to-day operation will contribute to the continuing dominance of multinational corporations over our economy.