The mindset for new-wave trading

Article Abstract:

The Internet is causing businesses to rethink their strategies for profit and competitive marketing. Internet commerce is expected to grow by $5 billion in each of the next five years. In traditional business, it took two or three years to create and sell a product. The Internet allows any company to enter a market anywhere at scale overnight. Cut-throat competitors are being phased out and are collaborating on electronic infrastructure. Companies are now using integrated approaches, such as software programs, analysis, staff training, and call centers, to attract customers.

United States, Economic aspects, Internet, Internet service providers

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E-commerce poses a big challenge to old business systems

Article Abstract:

Companies worldwide will need to speed up their development of electronic commerce capabilities to remain competitive. E-commerce volume is expected to reach at least $US200 billion by 2000, with the number of transactions increasing for both electronic data interchange and the Internet. However, firms must ensure their systems have much-needed security measures.

On-Line Information Services, Videotex & Teletext, Services, Internet services

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Be wired or be left behind, is the warning

Article Abstract:

Australian companies need to start information economy compliance audits to ensure that they are ready for the year 2000. Companies need an electronic commerce strategy to ensure a complete business strategy. Security is not as much an issue for electronic trading and electronic commerce as it is for credit card-based systems.

Video Retailing Service, All Other Information Services, Forecasts and trends, Home shopping

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