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IMPACT OF THE INTERNET ON INTERNATIONAL BUSINESS The Internet is the most significant development in Information Technology since the invention of the personal computer. In business today, the Internet is changing the fundamentals of how we conduct international business. In the few short years of its existence, the Internet has shown that, despite security concerns and slow access speeds it can deliver on the long sought after goal of electronic commerce. The main reasons for …

…trend of the early adopters claiming this new market is emerging. Companies worldwide have little choice but to adapt to this changing word as quickly as possible. This should not be seen as an imposing task, however, as the technology offers significant improvements in business efficiency and profitability. It also significantly extends the market reach of companies wherever they may be located. The Internet is, in fact, the window of opportunity to the global village.