Mis, Impact of Internet

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NUST Business School Management Information Systems Assignment # 1 Submitted to: Sir Faqir Taj Submitted by: Sara Arshad Marvi Ashok Rabiya Asif Marvi Sohail Rabia Akhtar Mehjabeen Malik Khawaja Hassan Mahmood Waqas Bukhari Class: MBA 2K13-A Date: 2nd December 2014 Table of Contents * Definition of the Internet. * World before the Internet. * Impact of Internet on the business nationwide and internationally. * Role of Internet in Banking sector * Role of Internet in FMCG’s * Role of internet in Telecom Sector * Role of Internet in Retail Industry * Role of internet in newspaper industry * Internet a disruptive technology * Phenomena of the globalization and the Internet * Conclusion "The Internet is transforming entire industries, forcing firms to change how they do business". Justify this statement with real world examples. Internet has transformed the way we do business. It has an impact on every business that is operating globally. In order to justify the statement given in the question it is necessary that we start off with a brief evolution of Internet and then we will proceed with the role that it has played in variety of Industries. What is Internet? Internet is today’s one of the most important part of our daily life. There are large numbers of things that can be done using the Internet and so it is very important. You can say that with the progress in the Internet we are progressing in every sphere of life as it not only makes our tasks easier but also saves a lot of time. Today Internet is used for different purposes depending upon the requirement such as communication, research, education, financial transactions and real time updates etc. The Internet is a global network connecting millions of computers. More than 100 countries are linked into exchanges of data,
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