Impact of the Internet on Busi essays

Impact of the Internet on Busi essays Business-to-business (B2B) transactions were (and still are for some companies) based on a complex network of inter-connections, with every connection being different for each supplier or buyer. Errors of transactions, such as stock quantity and type, were commonplace. However, the Internet has provided a means, compared to EDI (Electronic Data Interchange), in making transactions flawless, easier and more profitable. "The Internet and the World Wide Web provide significant opportunities to make business-to-business more effective and efficient. The impact ranges from cutting the cost of paper and mailing, to shortening the time-to-market of products due to better supply-chain management" Segev has provided the most appropriate explanation of just what the Internet is doing to business-to-business commerce. The Cisco Systems Inc. website is a prime example of what can happen when the barriers of information, product and services are eliminated. [1] Before the website the order and delivery system seemed almost primitive. (2) 1 in 3 were rejected due to errors, (5) and at least 3 days processing time. The expenditure on their previous system was down to their inadequate paper system and human error, both eliminated by their website ordering system. (1) maximum order-to-delivery is 3 days, (2) impossible to enter mistakes on order, (3) a delivery date can be provided by 1 hour of the submittal, (4) orders, payments and reconciliation of returns against invoices can be tracked. Their new system allows buyers to optimise space, knowing the date of the arrival of their goods, also they get exactly what was supposed to be ordered, as it is impossible for the employee ordering to enter any mistakes. The advantages to Cisco Systems Inc. allowed them to reduce costs for documentation, technical support, configuration and order entry. Their savings have amounted to $230m a year. [1] However Cisco had to s...

American History Timeline From 1860 to 1870

American History Timeline From 1860 to 1870 1860 February 27, 1860: Abraham Lincoln, a lawyer from Springfield, Illinois, gave a speech at Cooper Union in New York City. Lincoln delivered a forceful and well-reasoned argument against the spread of slavery and became an overnight star and a leading candidate for the upcoming presidential election.March 11, 1860: Abraham Lincoln visited the Five Points, the most notorious slum in America. He spent time with children at a Sunday school, and an account of his visit later appeared in newspapers during his presidential campaign.Summer 1860: Candidates did not actively participate in campaigning in the mid-1800s, though Lincolns campaign used posters and other images to inform and win over voters.July 13, 1860: Albert Hicks, a pirate convicted of murder, was hanged on present-day Liberty Island in New York Harbor before thousands of spectators.August 13, 1860: Annie Oakley, sharpshooter who became an entertainment phenomenon, was born in Ohio.November 6, 1860: Abraham Lincoln was elected president of the United States. December 20, 1860: In response to Lincolns election, the state of South Carolina issued an Ordinance of Secession and declared it is leaving the Union. Other states would follow. 1861 March 4, 1861: Abraham Lincoln was inaugurated as the president of the United States.April 12, 1861: In the harbor at Charleston, South Carolina, Fort Sumter was attacked by Confederate guns.May 24, 1861: Death of Col. Elmer Ellsworth, an event which energized the North in the war effort.Summer and Fall, 1861: Thaddeus Lowe began the U.S. Army Balloon Corps, in which aeronauts ascended in balloons to view enemy troops.December 13, 1861: Prince Albert, the husband of Britains Queen Victoria, died at the age of 42. 1862 May 2, 1862: Death of writer and naturalist Henry David Thoreau, author of Walden.September 17, 1862: The Battle of Antietam  was fought in western Maryland. It becomes known as Americas Bloodiest Day.October 1862: Photographs taken by Alexander Gardner  were put on public display at Mathew Bradys gallery in New York City. The public was shocked by the carnage depicted in the photographic prints. 1863 January 1, 1863: President Abraham Lincoln signed the Emancipation Proclamation.July 1-3, 1863: The epic Battle of Gettysburg  was fought in Pennsylvania.July 13, 1863: The New York Draft Riots began, and continue for several days.October 3, 1863: President Abraham Lincoln issued a proclamation declaring a Day of Thanksgiving to he observed on the last Thursday in November.November 19, 1863: President Abraham Lincoln delivered the Gettysburg Address while dedicating a military cemetery at the site of the Battle of Gettysburg. 1864 January 3, 1864: Death of Archbishop John Hughes, an immigrant priest who became a political force in New York City.May 13, 1864: The first burial took place at Arlington National Cemetery.November 8, 1864: Abraham Lincoln won a second term as president, defeating General George McClellan in the election of 1864. 1865 January 16, 1865: General William Tecumseh Sherman issued Special Field Orders, No. 15, which was interpreted as a promise to provide forty acres and a mule to each family of freed slaves.January 31, 1865: The Thirteenth Amendment, which abolished slavery in America, was passed by the United States Congress.March 4, 1865: Abraham Lincoln was inaugurated for his second term as president of the United States. Lincolns second inaugural address is remembered as one of his most notable speeches.April 14, 1865: President Abraham Lincoln was shot at Fords Theatre and died the next morning.Summer 1865: The Freedmens Bureau, a new federal agency designed to help the freed slaves, began operation. 1866 Summer 1866: The Grand Army of the Republic, an organization of Union veterans, was formed. 1867 March 17, 1867: The annual parade for St. Patricks Day in New York City was marred by violent clashes. In the following years, the tone of the parade was changed and it became a symbol of the emerging political power of the New York Irish. 1868 March 1868: The Erie Railroad War, a bizarre Wall Street struggle to control shares of a railroad, played out in the newspapers. The protagonists were Jay Gould, Jim Fisk, and Cornelius Vanderbilt.May 30, 1868: The first Decoration Day  was observed in the United States. The graves of Civil War veterans were decorated with flowers at Arlington National Cemetery and other cemeteries.February 1868: Novelist and politician Benjamin Disraeli became Prime Minister of Britain for the first time.Summer, 1868: Writer and naturalist John Muir arrived in Yosemite Valley for the first time. 1869 March 4, 1869: Ulysses S. Grant  was inaugurated as president of the United States of America.September 24, 1869: A scheme by Wall Street operators Jay Gould and Jim Fisk to corner the gold market nearly took down the entire U.S. economy in what became known as Black Friday.October 16, 1869: A weird discovery on an upstate New York farm became a sensation as the Cardiff Giant. The huge stone man turned out to be a hoax, but still fascinated a public which seemed to want a diversion.

Business Law, Minor Essay 1000 words Example | Topics and Well Written Essays - 1000 words

Business Law, Minor 1000 words - Essay Example The essential characteristics of a federal constitution is the supremacy of a written constitution. A natural corollary of a written constitution, is its rigidity. It ensures the authority of courts, appointment of governors and the parliament's power to legislate in matters of national interest. It may, however be clearly understood that the nature of federalism is more of a historical background based on a nation's necessity .The Australian federal system has generally worked satisfactorily even though it had undergone substantial changes in the years following its establishment. The debate today Is about its future .There is a general consensus that the Australian federal system does not work as well as it should, keeping in view the commercial operations, management and administrative environment. The question for the commonwealth and the state government is not only to enhance its performance and reputation but also to secure a better future, independent of the monarchy ."Austra lia is already a republic by any reasonable test- a state in which sovereignty is derived from the people. The one element in the constitution not consistent with a republic is the crown."( Turnbull m,1993). It is a system of government where the power comes from the people and all offices are accountable to the masses . The genre of contemporary political leaders also wish to see their country transforming into a republic as also said by the labor party candidate - Kevin Rudd. The implications of the republic debate is subtle but important. It implicates that Australia would legally be independent of Britain, which many believe is still a far fetched theory. Even Mr. Rudd has turned his boats back and has now decided that a referendum on a republic would not occur in the first term of a Labor government. Hence, " the theory of republicanism is on comatose and on life support" ( The Australian,2007). The legal issues involved in the process is full of complexes, to be achieved instantaneously .It starts with the Australian constitution itself . Section 1 of the Constitution states that the Legislative power of the Commonwealth is vested in a Federal Parliament which consists of "the Queen, a Senate and a House of Representatives ". ( Pylee 2006 , p.147) Section 2 goes on to provide that the Queen's representative shall be a Governor-General who holds office "during her pleasure" . Also sections 58 & 59 confers extraordinary power over Australian affairs to the Queen. The above sections being only a few declaring the real power of the monarchy