Internet

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Related to Global information infrastructure: National Information Infrastructure

Internet

a global ‘web’ of COMPUTER networks which use the same agreed ‘protocols’ (agreed methods of communication). The WORLD WIDE WEB (www or ‘the web’) is a vast collection of computers able to support multi-media formats and accessible via web-browsers' (search and navigation tools). Data stored in these computers (‘servers’) is organized into pages with hypertext links, each page having a unique address.

Connection to the web usually requires access to a personal computer, a modem and a telephone line, although it is now possible to receive television-based Internet services.

The Internet is increasingly used by businesses for the conduct of electronic commerce (E-COMMERCE, for short), and has thus provided a new powerful alternative means to conventional distribution channels of selling goods. See MARKET.

In 2004 around 9 million households in the UK owned personal computers with some 7 million of these using the Internet. The number of people worldwide using the Internet is estimated at 300 million and rising rapidly. See CUSTOMER RELATIONSHIP MANAGEMENT.

Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

Internet

a global ‘web’ of COMPUTER networks that use the same agreed ‘protocols’ (agreed methods of communication). The WORLD WIDE WEB (www or ‘the web’) is a vast collection of computers able to support multimedia formats and accessible via ‘web-browsers’ (search and navigation tools). Data stored in these computers (‘servers’) is organized into pages with hypertext links, each page having a unique address.

Connection to the web usually requires access to a personal computer, a modem and a telephone line, although it is now possible to receive television-based Internet services.

The Internet is increasingly used by businesses for the conduct of electronic commerce (E-COMMERCE, for short) and has thus provided a new powerful alternative means to conventional distribution channels of selling goods. This has helped many smaller firms to break into markets previously dominated by large companies.

See BARRIERS TO ENTRY.

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
(5.) For a discussion of the Global Information Infrastructure, sec Bruce A.
Papers in the "Regulation" section discuss telephone number portability, promoting telephone competition, centralized authority in regulation, data protection in Europe, mandated access controls, and a critical assessment of Global Information Infrastructure initiatives.
About Adaptec Adaptec provides bandwidth management technologies for organizations building the global information infrastructure.
Noting that preempting "harmful actions" by state and local governments was a strong motivation for a new Presidential strategy on global electronic commerce, President Clinton and Vice President Gore released a proposed federal policy and framework to govern what they termed the Global Information Infrastructure. The new policy, presented at the White House on July 1, focuses heavily on Internet technology and what the White House believes the roles of governments at all levels and the private sector ought to be on one of the most rapidly exploding forms of trade and commerce connecting cities around the globe.
As such, they strongly support Federal government policy initiatives designed to accelerate the further evolution of a National and Global Information Infrastructure (NII/GII).
America's National Information Infrastructure will be part of a much larger Global Information Infrastructure (GII).

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