Question

Discuss how the main IT-based developments in the networked e-business domain (the Big Five) are related to the various technology classes

Answer 1

IT sector developments growing day by day well in the world and it leads to the greater part of contribution in an economy. The development of smart technology not only improve the economy in the home and international market also brings the FDI’s (Foreign Direct Investment). Today, the consumers get their things at their doorstep by use of e-business. Almost all the companies following the process of e-business to improve their business and also give more flexible options to consumers. The examples of e-commerce business cover all kinds of products such as an example of groceries, clothes shopping for men & women, electronic items and so on. So, maximum almost all the companies targeting these goods and giving free of options and discount to consumer also earning the profits for their companies.

The reputed companies offering these kinds of services like Amazon, Flipkart, Mantra and also several companies offering these different kinds of services etc. IT development concentrating all the fields to improve the things not only daily & regular use, but it also improved education, travel & tourism, universities and regular updates updating in their respective web pages on the Internet. So, the IT-based development in the network of e-business is well improving day by day and we see many changes to convenient for the buyer and at the same time bring the revenue to respective companies. It finally flows a greater part in the economy of home and international market. Most of all the countries generating a large part of the countries economy in the service sector of IT.