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 ?
First, we propose the general model of two controlled interdependent networks A and B, which take into account not only the intranetwork coupling, but also the time-varying internetwork delays coupling.
This is not to suggest that internetwork evolution is predetermined by existing architecture, only that some changes are more radical than others and should be planned accordingly.
It is important for the network designer to clearly understand the applications which will run on the LAN-WAN internetwork and their requirements in terms of the network characteristics.
Similarly, a person seeking information in the internetworked information world could interact with both humans and machine intelligence in the same interface.
As bottlenecks are cleared at the edges of the internetwork, the demand for backbone bandwidth will rise rapidly.
As internetworks grow more complex, healthcare information technology (l/T) executives face new challenges in deploying and maintaining this critical resource.
ILAN IMS 5.0 is an advanced internetwork management system for IBM corporate networks that manages CrossComm ILAN routers, IBM bridges, and other Token Ring, SNMP and WAN devices.
It provides the knowledge needed to configure Cisco switches and routers to operate in corporate internetworks. The book covers concepts and configuration procedures required to build a multiswitch, multirouter, and multigroup internetwork that uses LAN and WAN interfaces for the most commonly used routing and router protocols.
Users of this device don't need to do internetwork setup or enter special commands.
The pilot trust internetwork links its founding organisations, such as ABN AMRO, Bank of America, Barclays Bank, Chase Manhattan, Citigroup, Deutsche Bank and Hypo Vereinsbank, allowing trading partners to identify each other over the Internet in a range of business-to-business e-commerce applications.
Previously titled CCDA self-study: designing for Cisco internetwork solutions, the second edition adds a chapter on wireless network design.

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