Internet

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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 ?
"Five projects are underway to link Iran's railroad to the international network, and these projects include linking Sarakhs to Azerbaijan Republic, Khosravi to Iraq, Shalamcheh to Iraq, Chabahar to the South sea and Iran to Turkmenistan, Kazakhstan and China," Nikzad said on Sunday.
In a statement issued recently, the Riyadh-based EU Delegation said that the GCC countries were invited to set up a national focal point and a national CBRN risk mitigation team to allow them to participate effectively in the international network. "As a next step, country-to-country presentations on the initiative will be held in Saudi Arabia, Bahrain, Kuwait, Oman and Qatar." The statement said that the creation of the CBRN Centers of Excellence (CoE) aims to implement a coordinated regional and international strategy for CBRN risk mitigation.
THE INTERNATIONAL Network on Cultural Policy (INCP), a group of some 60 culture ministries, exists "to develop strategies to promote cultural diversity," diversity meaning creative works that haven't been exported from the U.S.
Exciting exhibitions organized elsewhere will also be brought to the RMA galleries, and the Museum will become part of the international network for exhibition exchange.
Nevertheless, various networks of environmental enforcement agencies have been established, including the International Network for Environmental Compliance and Enforcement and the European Network on the Implementation and Enforcement of Environmental Law.
Nor can it be tempting in terms of the career prospects of senior subsidiary managers, as it might be difficult to establish superior personal performance in such an environment that is relatively detached from the rest of the international network. For the multinational parent, too, it is difficult to envisage the quiescent subsidiary as an attractive proposition.
-President of the International Network of Silk Road Platform aims at

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