Tuesday, February 4, 2020
Module 2 Review Essay Example | Topics and Well Written Essays - 1000 words
Module 2 Review - Essay Example Through the internet, there has been the introduction of online trading where buyers and customers can meet and exchange. The platforms allow consumers to purchase their most preferred products, and receive home deliveries from the supplier (Delone and McLean 2003). Information systems also allow businesses and companies to advertise their products on the internet. In this way, the organizations widen their market coverage, reaching a larger portion of the market. The company thus improves its sales, and overall profitability, which results to growth of the organization. The internet plays a major role in ensuring timely deliveries and supply of products, both from the supplier and to the customers. Previously, organizations relied on post offices, where sending price lists, inquiries and other documents was tedious and time consuming. Through the internet revolutionary, these organizations have been able to optimize their just in time operations, offering faster services to the customers. Online trading and money transfer have helped boost the participation of the internet in bettering companiesââ¬â¢ market performance. Through these avenues, organizations can process their deliveries fast and reach their customers on time. The internet also offers GPS locators and maps, which help the supplier locate his or her customers easily and deliver immediately. The internet also enables organizations to order for inventory easily, and on demand periods. For this reason, organizations have little or no wastes owing to the ease of ordering products. The companies can process their orders online, choosing their preferred combinations and paying over the online platforms. Therefore, organizations do not require to make prior purchases, which are not sure sales in the highly volatile market. They can order when demand rises, whereby just on time deliveries have been made
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