Brian Project
Brian Project
While we can technically date the internet back to 1983, it was not until
1990 that it took on its more familiar form, which has since changed the
way society functions. The reorganization of commercial operations and
corporate growth plans is considered in the modern business world as
being significantly accelerated by technology. With its rapid development,
the internet has incorporated itself into many facets of our way of life.
Since ICT is a component of every activity carried out in a business setup,
businesses cannot survive in the twenty-first century without it. The
growth and development of every corporate organization, therefore,
depends greatly on the flow of information. Through the internet, it is
simple to communicate with the company's employees and clients.
In Africa many businesses have not explore the use of internet like in Europe, Asia and
America. In Harare many SME’s have not used the internet properly in acquiring large
customer base and competitive advantage. The impact of internet in the business environment
case study Harare capital city of Zimbabwe. The researcher wants to examine how the
business can benefit from the use of the internet. However, numerous researchers
demonstrate that internet enhances businesses' ability to produce goods and services. Travel
expenses for sector employees of different enterprises are significantly decreased by
investments in internet. Internet is crucial for sustainable development in developing
countries, In the long run, investing in internet therefore boosts the economy in Zimbabwe.
The study's overarching goals are to advance general knowledge and investigate how
internet is affecting Zimbabwe's business environment today. The study's conclusions will
list the numerous advantages that internet brings to contemporary industry in an effort to
spur significant investment in the field. The study's findings will also assist the
management of various firms in understanding how internet affects their expansion and
development, as well as the issues that impede internet implementation so that they may
offer solutions. For academics and students who wish to pursue future research in this
area, the study will help increase the body of knowledge in the area of internet in
contemporary business.
Marketing:
The internet has transformed marketing by opening up new avenues for advertising and
promotion. According to Chaffey and Ellis-Chadwick (2019), digital marketing has become a
crucial component of most organizations' marketing strategy. Social media platforms like as
Facebook, Twitter, and Instagram have evolved into effective marketing tools, allowing them
to directly communicate with customers and generate brand loyalty (Kietzmann, Hermkens,
McCarthy, & Silvestre, 2011). Furthermore, search engine optimization (SEO) and pay-per-
click (PPC) advertising have emerged as critical methods for businesses seeking to boost
their online presence and attract new clients (Strauss & Frost, 2014).
Sales:
The internet has also changed sales, with e-commerce now accounting for a sizable share of
overall retail sales. According to Statista (2021), worldwide e-commerce revenues are
expected to exceed $4.9 trillion by 2021. Online marketplaces such as Amazon and eBay
have made it simpler for small enterprises to reach a worldwide audience (Molla &
Christensen, 2017), while digital payment systems such as PayPal and Stripe have eased the
process of receiving payments online (Laudon & Traver, 2018). Mobile commerce has also
emerged as a key trend, with customers increasingly utilizing their smartphones and tablets to
make purchases on the go (Chaffey & Ellis-Chadwick, 2019).
Customer Service:
Companies may now provide better customer service thanks to the internet, with online
support channels such as chatbots, email, and social media making it simpler for clients to
acquire the assistance they require (Parvatiyar & Sheth, 2001). Furthermore, customer
relationship management (CRM) software has evolved into a necessary tool for monitoring
client contacts and offering individualized service (Buttle, 2018). Companies that provide
exceptional online customer service are more likely to establish long-term client loyalty,
resulting in improved customer retention rates and enhanced profitability (Verhoef, Lemon,
Parasuraman, Roggeveen, Tsiros, & Schlesinger, 2009).
Christopher (2016) states that it is nearly commonly acknowledged that the Internet plays a
growing role in each of our lives. Whether we're talking about our profession or business,
whether it's about knowledge, communication, or relaxation, it's all about technological
advancement. (Strauss and Frost, 2014) Many of us are drawn to such a big, complex, and yet
tolerant environment. The huge potential brought about by business expansion promoted the
emergence and promotion of new ideas such as electronic business (e-business) and
electronic commerce (e-commerce). (Verhoef et al, 2009) Over time, this has shown to be not
just feasible technological alternatives to the conventional means of doing business or trade,
but also tremendously profitable alternatives. In this study, the research conducted research
on the Internet's influence on business, concentrating on the changes brought about by the
Internet in corporate operations (Statista, 2021).
Information technology is no longer just an extension of business; it has become the primary
driver of change (Strauss and Frost, 2014). Electronic enterprises are more than just a fad;
they are a novel approach to the "making business" notion. There are changes in how
information is utilized, in how customers, suppliers, and workers are contacted, in marketing
and promotion method, and so on (Statista, 2021). In recent years, we have seen a profusion
of commercial applications that take use of the public operating standards provided by the
Internet. Companies in numerous industries (banking, entertainment, telecommunications,
and distribution) adapt their business practices to capitalize on the potential of new
technology (Verhoef et al, 2009). The technological portals to a new global economy, an
electronic one, were wide open. However, internet companies are not built only on the speedy
dissemination of information. There is also a basis for continual change, which, by definition,
necessitates perpetual development and innovation. (Strauss and Frost, 2014) To compete, we
must innovate quicker than our competitors who are attempting to do the same. Of course, it
could be anywhere, in any country on the planet.
(Mourtada, 2020) Since the inception of the World Wide Web, Internet usage has risen at an
exponential rate. The Internet is now used by more than just the government. Banks,
corporations, healthcare facilities, educational institutions, and practically everything else has
gone digital and has Internet connectivity. This has had a significant influence on the US
economy as well as the economies of countries all over the world (Chopra and Mendl, 2016).
Creation of Jobs
(The Internet has aided in the creation of new occupations. Indeed, according to a 2018
research conducted by the Internet organisation, a trade organisation that represents Internet
firms worldwide, more than six million Americans work in the Internet industry (Mourtada,
2020). This equates to around 4% of total US employment and is more than double the
amount of Internet jobs available in 2014. Supporting the Internet's infrastructure, conducting
trade, advertising, and educating others how to use it are all jobs in the Internet industry.
Many other types of occupations, such as those in healthcare facilities, financial
organizations, schools, or any other environment that uses the system, are also supported by
internet jobs (Chopra and Mendl, 2016).
3.1 Introduction
This chapter outlines the research methods used in carrying out the research. It gives outlines
of the research design, research subjects, sampling method, research instruments used, and
data analysis and presentation. Introduction:
Formal descriptive research was chosen because it allowed the collection of a large amount of
data from sizeable population easily and in a highly economical way. Using the descriptive
survey, data can easily and systematically be gathered, interpreted and used as a basis for
carrying out the study. A variety of research instruments can be used to study the relationship
between phenomena in the descriptive survey for example documentary, questionnaires, case
studies and observations. Information that can be collected using descriptive survey includes
attitudes which can be prevalent in large population, opinions and impressions. Descriptive
surveys have some drawbacks. The first drawback is that not all respondents willing to admit
that they lack adequate knowledge about a particular topic and often give false responses for
saving their prestigious ego. Secondly, respondents may purposely deceive researchers by
giving incorrect answers. Leedy (1997) observes that the descriptive survey design might be
susceptible to distortion through bias. The research also used both qualitative and
quantitative research methods. It opted to use qualitative methodology because it has some
richness of data since it uses some structured interviews and it records actual data. The
advantage of qualitative research is that it focuses on specific people and its emphasis is on
words rather than numbers. However, the weaknesses of qualitative methodology were the
strength of the quantitative research. The quantitative research was used to permit
calculations of statistics, which quantifies the distribution of variables among the population
under the study. The data was easily summarised, which facilitated the communication of
findings. The weaknesses of the quantitative research were covered up by the strengths of
qualitative methodology. Therefore, the research considered the use of triangulation
methodology in this study so as to make sure that data is valid and reliable. Triangulation is
when the researcher collects data from various points of view to examine the issue from
different angles.
Research subjects are defined as comprising of the population, sample, thus the people or
objects under study. (Saunders, 2003)
3.3.1 Population
Wegner (1993) defines a population as all possible observation of the random variable under
study. This study uses cross sectional data drawing its sample from a survey carried out in
Harare. The target population of this study are all the business in Harare who are not
embracing internet. The total population added up to 10 SME’s.
3.3.2 Sample size
A sample size of 10 SME’S has been selected for this study. The sample is approximately
10% of the whole population. This small sample has been used mainly because it was less
costly to obtain data for the selected subset of the population, rather than the entire Harare
population (businesses not embracing Technology). Furthermore, data collected through a
carefully selected sample is a highly accurate measure of the larger population. The sample
enables simple calculation of inferential statistics to generalise results in the time frame
given. However, the sample consisted of widely dispersed members so collecting data from
these widely dispersed members was expensive especially face to face interviews.
Validity and reliability of Formal survey questionnaires and key informant interviews
Sample questionnaire questions were first forwarded to experts for corrections to improve
response rate. The experts included the lecturer and the mentor. Pilot study was undertaken in
order to evaluate the validity of the questionnaire. The researcher also sent an interview
guide to experts for corrections to improve response rate. Interviews were carried with other
people and organisation outside the sample. The responses provided from both instruments
were similar showing the reliability and validity of the instruments.
a) What are the positive and negatives outcomes of the internet in the business
environment?
b) What are the limitations of the internet in business environment in Harare?
c) Which are the internet applications which can be used in building solid business in
Harare?
d) What are the factors that can lead to the good use of internet in the business
environment?
The presentation and analysis employed both qualitative and quantitative approaches to
understand and derive meaning from the data because it was gathered using a variety of
procedures. The quantitative outputs were produced using Microsoft Excel, while the
qualitative data content analysis included data reduction, refining, as well as summarizing
and analyzing the coded information. The study questions served as the foundation for the
presentation's summary of the findings. This chapter describes the information acquired
during the study.
Female
10%
Female
Male
Male
90%
4.1.2 Education level of the Participant
It is important to note that more participants had a Bachelors’ degree with 6 participants
(60%) while the least was one participant who had diploma (1%) as shown in the table 4.1
below.
Table 4.1 Shows the education level of the participant and the percentages
Positive Outcomes
According to the participants the following are the positive outcomes of the internet in the
business environment.
Access to a Wider Market
Businesses in Harare may now more quickly and easily access a larger market thanks to the
internet. This has made it possible for new businesses to reach the pinnacles of success more
quickly.
More Automation
Many company processes can now be automated thanks to the internet. There are many
instances of automation, from responding to customer inquiries to being guided through a
purchase on an e-commerce site. Automation is made feasible by applications and programs
powered by artificial intelligence and the internet, which lowers operating expenses and
keeps everything under control.
Improved Advertising
Due of the internet's wide reach, businesses are having a field day running advertisements
and promoting their products. Running advertisements that are in line with the objectives of
the relevant firm has made it simple to use various media to get the desired effects.
Businesses today have a vast arsenal at their disposal, ranging from movies and high-quality
graphics to popular memes and GIFs.
Remote Working
The ability to hire and manage employees remotely is a further effect of the internet on
corporate operations. Because they are no longer required to offer a central place for them to
operate from, businesses may benefit from having a full-time or part-time crew at a fraction
of the expense. This helps businesses maintain minimal overhead expenses, allowing them to
provide fantastic services while keeping a sizable portion of their income. Since they won't
need to be close to your headquarters in order to create results, it will also be simpler to tap
outstanding talent from a larger pool.
Communication Skills
When the Internet gave rise to new communication methods, the way in which a business
could connect with its colleagues, customers, and workers drastically altered. Instant chat and
email have transformed corporate communication
Negative outcomes
Reduced client loyalty, increased price competition, and enhanced online pricing
transparency are some of the detrimental outcomes.
Obsolescence
Numerous employment have also been lost as a result of automation on the Internet. There is
less need for a huge work force as firms use the Internet to streamline and simplify their
processes. Sometimes it is thought unnecessary to involve a human when an automated web
system can organize data or respond to client inquiries.
New competitors
The Internet also introduces fresh rivals to several industries of business. Everybody has the
option to sell their goods or services online through a wide range of marketplaces, bringing
literally millions of new businesses to the global economy. These new internet merchants
provide a challenge for established firms that must keep clients or risk going out of business.
Additionally, geographic limitations are eliminated via the Internet. Products may now be
obtained from anywhere, so going local is no longer the sole option. Instead of being
constrained by a local or regional market, smaller firms may expand their consumer bases to
everyone with Internet access by simply building a website.
Security
Security and confidentiality issues become crucial considerations for any internet business.
Millions of dollars are spent annually on security measures to guarantee the security of
transactions and the comfort of customers making purchases online. Beyond routine business
transactions, serious security concerns like hackers, viruses, and e-terrorism make it more
expensive to maintain security online than it is elsewhere. Customers begin to doubt the
security of conducting business online as a result of security breaches, such as the widely
reported loss of credit card information on many occasions. This can affect company by
educing trust levels.\
Lack of Personal Touch: The personal touch is missing from e-business. The product is not
touchable or haptic. Therefore, it is challenging for customers to evaluate a product's quality.
Additionally, there is a lack of the personal touch. The salesman comes into contact with us
in the conventional model. This gives it some credence and compassion. Additionally, it
increases client trust. Such features are constantly lost in an e-Business paradigm.
Delivery Time: It takes time for the merchandise to be delivered. In a typical firm, you
receive the product right away after purchasing it. But with internet commerce, that is not the
case. This delay frequently turns away clients. E-commerce companies are making very short
delivery promises in an effort to address these problems.
Security Concerns: Many people commit fraud through internet commerce. Additionally,
hackers can more easily obtain your financial information. It has some integrity and security
problems. Potential clients become distrustful as a result of this.
4.2.3 The internet applications which can be used in building solid business in Harare
Google Meet
Another online video chat tool is Google Meet, which was introduced on March 9 by the
Googler corporation. You may have online meetings, take online courses, pay kid tuition
online, or just communicate to anyone in a regular way using Google Meet. However, online
meetings and online instruction are the main uses of Google Meet. Google Meet has a ton of
tools that are quite helpful for doing online meetings.
Skype
Skype Technologies is the company behind the telecommunications program Skype. A VoIP-
based program is Skype. Voice-over-Internet Protocol is known as VoIP. Skype allows you
to make phone conversations, send messages, send files, and more. A widely used
videoconferencing tool is Skype.
Zoom
The Zoom Video Communications firm introduced Zoom on October 12, 2011, a proprietary
video telephony Internet application. You can chat to anybody normally using Zoom,
organize online meetings, take online lessons, pay children's tuition online, and more. Zoom
is mostly utilized though for online learning and webinars. Zoom provides both free and
premium plans, so you may use it for free with certain restrictions. For example, the free plan
only allows for 100 users at a time.
Messenger
Another web application created by the Meta firm is Messenger. Through messenger, you
may communicate with anyone via phone and video calls as well as send them text messages,
images, videos, audio files, and documents.
The Meta business created the social messaging website program known as WhatsApp.
Millions of people use WhatsApp now, making it one of the most widely utilized messaging
services. An Individual may communicate with anybody via audio and video calls and text
messages with WhatsApp. An individual can also share photographs, documents, and your
current location with anyone using WhatsApp.
4.2.3 The factors that can lead to the good use of internet in the business environment
Rise of Telecommuting
Nowadays, a lot of companies let their workers use company-provided office supplies while
working from home. A firm may lower its overhead expenses by utilizing this method,
known as telecommuting, because it requires less office space and less energy to run on a
daily basis.
When the Internet is taken into account, a company's potential to draw clients from all four
corners of the world can be increased. A company may have a presence on the web and
connect with millions of prospective clients thanks to websites, ad placement, and search
engine optimization, or SEO.
Businesses utilize the Internet to look for new product ideas, product creation techniques, and
price data. A firm can investigate its rivals to learn what goods and services they provide. The
Internet may be used to investigate the population, its requirements, and what goods and
services will sell best in that region if a business is trying to expand into that area.
Harare's workplaces are digitalized, and owing to the internet, workers can do their jobs from
the convenience of their homes. Every tool that organizations currently use and will use in the
future incorporates the Internet. The internet is the primary source of all present and future
ideas, technology, and business models since nothing would function without it. Businesses
and consumers may access platforms for communications, trade, education, and
entertainment through the Internet. With the aid of internet technology, company owners,
executives, and organizations are now investing in digital marketing, business automation,
remote recruiting, e-commerce, and online collaboration tools in an effort to speed up
innovation and excellence in day-to-day operations. Priorities, expectations, wants, and
fashion preferences of customers are evolving.
Customers are increasingly connected to educational platforms and material, which explains
why. The judgments and priorities of customers, consumers, businesses, and robots (artificial
intelligence applications) are also changing as a result of the availability and increased speed
of information, expertise, and views. Because of this, there are both beneficial and bad effects
of the internet on business. Participants claim that the internet makes doing business
internationally easier than it used to be. For established companies and new ventures with
direct consumer contacts, the Internet has brought possibilities and obstacles. Some
middlemen in the supply chain have developed, while others have been replaced. According
to new business models that have arisen, firms may now employ technology to gain a
competitive edge and increase their revenue (Gay et al., 2009).
5.1 Recommendations
In order to be competitive, the SME’s in Harare needs to employ new technologies to
provide low-cost consumer behavior exploration, build strong ties with customers, and
foster loyalty. Along with new product categories, there are also new rivals, markets,
research techniques, and other factors that encourage business owners to constantly be
inventive, competitive, and creative.
The companies may develop or strengthen their competitive advantage over the Internet.
This advantage should be founded on actual facts, be distinct from what rivals are
offering, and be significant to potential consumers. Anyone can locate what they need on
the Internet since it is quick, effective, and packed with resources.
A corporation gains prestige by having an internet presence, which also increases brand
recognition and potential clients' trust in the product or service being offered. A lack of an
online presence gives buyers the impression that they are doing business with a small,
underfunded firm, which makes them hesitant to buy the goods, according to this study.
Any modern company, regardless of size, without an internet presence is either a local
company with limited potential for expansion, or a basic operation with limited
perspective in time and space. Information technology has evolved from being a
corporate extension to being the primary factor behind change.
Companies in a variety of industries (banking, entertainment, telecommunications,
distribution) adapt their business practices to capitalize on the potential of the newest
technology. A new, electronic-based global economy has wide open technological
horizons. However, the quick dissemination of information is not the only foundation of
internet enterprises. There is also a foundation for continuous change, which by definition
calls for ongoing innovation and development. In order to compete, SME’s must innovate
more quickly than our rival who is making the same effort.
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