Friday, November 6, 2015

Tech in Econ/Math #9

The Internet allows communication in two ways: static communication through Web pages, and dynamic communication through information being exchanged. Data posted to a Web page, such as product specifications, allow instant access to the same data from anywhere in the world, a static form of communication that frees up company resources which would otherwise be engaged in constantly repeating the same information. The internet allows for economics to be a much bigger field than it once was.

No comments:

Post a Comment