Economic/Social Impact Flashcards
Competitive advantage?
Dynamic websites and social networking can give businesses an advantage over their competitors`
Global marketplace?
Businesses now have access to, and are able to cater for customers across the globe.
Business costs?
costs involved in setting up a business have changed, no need for expensive premises, it is cheap to set up e-commerce.
Maintainability?
Quickly updatable, database driven websites, make it easy to upgrade prices, put on special offers or change branding to suit business needs.
Scalability?
It can be easy for businesses to adjust according to changing customer base, high street premises are not a requirement.
Censorship and Freedom of speech? Social Impact
Anybody can make their views heard online but some governments may try to impose censorship on content which is acceptable elsewhere.
Privacy and encryption? Social Impact
Huge amounts of data about individuals are stored and shared readily, leading to concerns about invasion of privacy and the need for encryption by all data
Global citizenship? Social Impact
Online communities and a breaking down of international barriers has led to idea of the global citizen, somebody who is aware of their responsibilities and impact upon the planet as a whole
Online communities? Social impact
allow people from anywhere in the world to interact and collaborate.