The impact of the internet, intranet and extranet on business.

1. INTRODUCTION

The mesh has taken the personal credit line community by ramp since the early 1990s. When the community realised the potentiality of the mesh they hailed it as the most transforming invention in account statement. It has the ability to completely castrate the way business is being done. And, it is doing so at a feverish pace, turning business upside down and at bottom out (The economist 1999).

Information Technology (IT) experts went on to use the Internet technology to spin off the Intranet and Extranet to enhance business competition. together with the Internet, their innovative implementations were able to provide competitive advantage for a company.

The Internet, Intranet and Extranet collectively have dramatically affected business. A evolution number of corporations believe in the technologys potential to lower cost, correspond value, improve productivity and create new business opportunities (The Economist Intelligence Unit 2001).

So much has been written about the Internet, Intranet and Extranet. What on the dot are they? What are their impacts on current business practices and activities?

This idea seeks to address these questions in the Trading Process net profit, a business tool that integrates the Internet, Intranet and Extranet technologies. First, the report introduces the Internet, Intranet and Extranet. Then, it goes on to provide a brief description of the Trading Process Network.

Subsequently, the study proceeds to critically review the arbitrary and negative impacts of the Trading Process Network on current business practices and activities. It concludes with some key findings resulting from the positive impact and then provides some suggestions to overcome the negative impacts.

2. INTERNET, INTRANET AND EXTRANET.

The Internet technology has risen so fast in the resist ten years that it is now considered a business necessity. The booster (2004), a local newspaper, published the figure below summarising the history of the Internet.

(source: Star 2004)...

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