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Internet

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INTERNET AS AN IMPORTANT ELEMENT OF THE
INFORMATION SOCIETY AND E-BUSINESS DEVELOPMENT
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By K. Hennyeyova
The Internet is a flexible technology, able to connect a wide array
of people, organizations, hardware and software over any
communications platform, from telephone lines to satellite systems.

Information and communication technologies are necessary to be
seen as a tool for the increase of prosperity and corporation
competitiveness. Europe should play an active role in the development

of the more equitable information society, which offers fair chances of
inclusion to all countries.
The increased use of information and communications technology
(ICT) has had a radical impact on the way we live. We now talk about a

new “eeconomy”, encompassing all the different ways that the new
technology affects how we earn and spend money. ICT has not only

provided us with products that are innovative in themselves: they are
among the principal motors for change in the modern economy.
Technology is now considered as a real part of the economic system:
knowledge has become the important factor of production in leading

economies. Electronic commerce is a technology for change. Major
benefits will accrue to those companies that are willing to change their
organization and business processes to fully exploit the opportunities

offered by electronic commerce.
For companies, the e-economy has brought new opportunities. E-
economy means that businesses can reach many more potential
customers (B2C), work more effectively with other businesses (B2B),

and with governments (B2G). And they can use the new technology to
change the way they work, modernising their production processes and
internal organisation, so that their operations can become more effective

and efficient.
For consumers, the e-economy brings many benefits. It means that
products and services are available to people even in remote areas. And

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Hennyeyova K. Internet as an important element of the information society and e-
business development / K. Hennyeyova // AGRICECON. – 2005. – № 5. – Available at :
http://www. Agriculture journals. cz/ publicFiles/58285.pdf