Internet Culture, E-Commerce, and New Economy Essay

Exclusively available on Available only on IvyPanda® Made by Human No AI

Every good thing has some bad aspects attached to it. An idea, an item, or an innovation can be described as good if there are more good aspects in it than bad aspects. However, if bad aspects are more than good aspects, then something can be described as bad. This description implies that everything has both good and bad sides. It is on this basis that this piece of work tries to analyze the culture of the internet and E-commerce (McClintock, 19).

New economies have been created throughout the world by means of sharing information that is obtained from the internet. People can search for products on the internet and even request them online. Business people can use the internet to advertise their products to potential customers. Development in internet services is one of the major improvement efforts that have been made in the field of information technology (McClintock, 102). This development has facilitated business transactions between business individuals and their customers who may be in places that are far apart. For example, some business firms use their website pages to advertise the products that they can offer to their customers. The customers can send their invoices by E-mails to the sellers to request for delivery of goods. Once the requests for goods have been received, the goods are delivered to the customers.

The Internet has therefore made business transactions to be faster than they were two decades ago. When invoices are sent by E-mails, they reach the intended recipients faster than if they were written and sent through the post office. For instance, there are some books that are available on the internet but for an individual to use them they must be purchased online. Once a person has purchased a particular book online, access to the book is granted and therefore the person can enjoy its full services. The time that could have been wasted by a customer while walking to the bookshop to purchase the book is thus saved. This is a typical example of how the use of the internet has facilitated E-commerce (Said, 106).

A free market economy in which business individuals are allowed to sell their products at prices they wish should be encouraged as long as the freedom does not negatively affect other people. Business activities are done well in a business environment where there are a few business restrictions (Said, 124). The founders of Wikipedia pages of the internet had very good ideas. They intended Wikipedia to be the site where people can freely get the information they need and even make their contributions. People can edit information on Wikipedia pages by adding or even deleting some parts to make the information better. The founders of Wikipedia stated that no person should restrict others from accessing Wikipedia pages even after adding some information to the site (Said, 189).

In conclusion, the internet has made business transactions to be faster but some services offered on the internet are considered to be of low quality. The information on the Wikipedia pages can be printed and sold for commercial purposes. However, the information found on Wikipedia pages is doubted by many people because every person including those without adequate knowledge can edit Wikipedia pages. It is because of this reason that most professionals consider the information on Wikipedia to be of low quality and they may not consider citing information from Wikipedia when writing academic papers.

References

McClintock, Anne. Impact of Internet in Business: Contributions of Development in IT and E- commerce. London: Routledge, 2006.

Said, Edward. Means of achieving maximum profits: the current business world. New York: Columbia University Press, 2004.

More related papers Related Essay Examples
Cite This paper
You're welcome to use this sample in your assignment. Be sure to cite it correctly

Reference

IvyPanda. (2022, January 1). Internet Culture, E-Commerce, and New Economy. https://ivypanda.com/essays/internet-culture-e-commerce-and-new-economy/

Work Cited

"Internet Culture, E-Commerce, and New Economy." IvyPanda, 1 Jan. 2022, ivypanda.com/essays/internet-culture-e-commerce-and-new-economy/.

References

IvyPanda. (2022) 'Internet Culture, E-Commerce, and New Economy'. 1 January.

References

IvyPanda. 2022. "Internet Culture, E-Commerce, and New Economy." January 1, 2022. https://ivypanda.com/essays/internet-culture-e-commerce-and-new-economy/.

1. IvyPanda. "Internet Culture, E-Commerce, and New Economy." January 1, 2022. https://ivypanda.com/essays/internet-culture-e-commerce-and-new-economy/.


Bibliography


IvyPanda. "Internet Culture, E-Commerce, and New Economy." January 1, 2022. https://ivypanda.com/essays/internet-culture-e-commerce-and-new-economy/.

If, for any reason, you believe that this content should not be published on our website, please request its removal.
Updated:
This academic paper example has been carefully picked, checked and refined by our editorial team.
No AI was involved: only quilified experts contributed.
You are free to use it for the following purposes:
  • To find inspiration for your paper and overcome writer’s block
  • As a source of information (ensure proper referencing)
  • As a template for you assignment
Privacy Settings

IvyPanda uses cookies and similar technologies to enhance your experience, enabling functionalities such as:

  • Basic site functions
  • Ensuring secure, safe transactions
  • Secure account login
  • Remembering account, browser, and regional preferences
  • Remembering privacy and security settings
  • Analyzing site traffic and usage
  • Personalized search, content, and recommendations
  • Displaying relevant, targeted ads on and off IvyPanda

Please refer to IvyPanda's Cookies Policy and Privacy Policy for detailed information.

Required Cookies & Technologies
Always active

Certain technologies we use are essential for critical functions such as security and site integrity, account authentication, security and privacy preferences, internal site usage and maintenance data, and ensuring the site operates correctly for browsing and transactions.

Site Customization

Cookies and similar technologies are used to enhance your experience by:

  • Remembering general and regional preferences
  • Personalizing content, search, recommendations, and offers

Some functions, such as personalized recommendations, account preferences, or localization, may not work correctly without these technologies. For more details, please refer to IvyPanda's Cookies Policy.

Personalized Advertising

To enable personalized advertising (such as interest-based ads), we may share your data with our marketing and advertising partners using cookies and other technologies. These partners may have their own information collected about you. Turning off the personalized advertising setting won't stop you from seeing IvyPanda ads, but it may make the ads you see less relevant or more repetitive.

Personalized advertising may be considered a "sale" or "sharing" of the information under California and other state privacy laws, and you may have the right to opt out. Turning off personalized advertising allows you to exercise your right to opt out. Learn more in IvyPanda's Cookies Policy and Privacy Policy.

1 / 1