How Can the Internet Be Used for Competitive Advantage in Business

Essay

How can the Internet be used for competitive advantage in business? Describe three firms which are using the Internet for conducting business, and speculate as to the underlying technologies which might be in use in these firms. Will the Internet become an essential business tool like the telephone or will it go the way of the dinosaurs? What do you envision the Internet and web becoming in the future for businesses? Discuss.