Today the use of the Internet is widespread particularly, now that it is a public medium. Businesses see tremendous opportunities for cost saving, revenue generation, marketing and market access, and most importantly improving customer service through direct links that facilitate speedy enquiry and feedback. Consumers now have easier access to the world market through the virtual economy on the Internet, they can choose from a wider variety of products, and shop in the comfort of their homes among other things. Globalization and specifically liberalization of communication networks have all
facilitated this break-through that further presents a massive boost for international trade.
Today the use of the Internet is widespread particularly, now that it is a public medium. Businesses see tremendous opportunities for cost saving, revenue generation, marketing and market access, and most importantly improving customer service through direct links that facilitate speedy enquiry and feedback. Consumers now have easier access to the world market through the virtual economy on the Internet, they can choose from a wider variety of products, and shop in the comfort of their homes among other things. Globalization and specifically liberalization of communication networks have allfacilitated this break-through that further presents a massive boost for international trade.
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