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Types of products and services made and sold, the way products are made, services provided,
market identified, firms managed and communication with external clients via websites, e-mail etc.
E.g. Internet phones charged at the local rates – undermines price per distance.
Social Effects:
(a) Home working – will be possible and will become more important.
(b) Intellective skills – relate to interpretation of data and information process. More valued than physical skills.
(c) Services – Manufacturing productivity increases – more work human resources released for
service jobs.
(d) Database marketing
(e) Using the internet
(f) Implication of internet
Titany answered the question on November 24, 2021 at 12:20
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