Impact of the Internet on Busi

Business-to-business (B2B) transactions were (and still are for some companies) based on a complex network of inter-connections, with every connection being different for each supplier or buyer. Errors of transactions, such as stock quantity and type, were commonplace. However, the Internet has provided a means, compared to EDI (Electronic Data Interchange), in making transactions flawless, easier and more profitable. "The Internet and the World Wide Web provide significant opportunities to make business-to-business more effective …

…huge benefit to both business and consumer. The increase in absence of the more traditional slow paper ordering system has reaped benefits for everyone involved. In the future the Internet can only become a more influential tool in selling products and services as more companies begin to realise the gains to be found. The on-line market will soon be so enormous, that to be not on the Internet will mean not to be in business.