Midterm: Technologies that are Leading Businesses, Culture

MIDTERM
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Technologies currently leading businesses into the third electronic commerce wave include e-readers, smart phones, tablets, and other electronic gadgets that can connect to the internet through wireless means. Additionally, devices including the Radio Frequency Identification, fingerprint readers, scanners, and microchip smart cards help in keeping track of data related to business products as well as in identification of people. The identification of people may also include identifying their spending habits. Finally, social sites such as Twitter and Facebook also comprise the third wave of e-commerce; usually, people share adverts as well as what they buy and sell on these sites.
The Internet Corporation for Assigned Names and Numbers has a mandate to coordinate the Internet's naming system and promote genuine competition as well as policy development on the Internet's unique identifiers. A domain name consists of two elements before and after “the dot”. The element to the right of the dot is known as the “top-level domain” or simply TLD. In this case, therefore, a gTLD is a generic top-level domain that is considered unsponsored. Such generic TLDs include .com; .net; .biz; .org; .info; and so on. A sTLD is a sponsored top-level domain that is controlled by a specific agency within a certain industry; a good example is .museum which is a TLD that is used by the Museum Domain Management Association (MDMA).
The historical internet change moment came in 1989. In this year, the National Science Foundation - mandated to carry out a research about the internet – allowed CompuServe and MCI Mail little internet connection. Having proved successful, the real change happened between 1991 and 1995 when an implementation privatizing the Internet was passed. This allowed the transfer of the Internet to private companies; the transfer opened great opportunities to the private companies since they could now purchase Internet from certain Internet Service Providers (ISPs) and start communication processes with other business entities.
An intranet is an information connection that is specifically developed for internal communications within a business entity. On the other hand, an extranet is an information connection that is developed in order to give certain files a limited external access. Notably, most users of an intranet consist of staff in a business enterprise such as directors, customer service, directors, executives, and so on; those using the extranet are mainly customers, suppliers, and other industry stakeholders. A Virtual Private Network (VPN) might be used in an intranet when security concerns do not exist or when such concerns do not matter. For an extranet, a VPN might be used when the private network to be used matches the security level of a particular company's private network.
A channel conflict is a situation where channel partners compete against each other or with the vendor's internal sales department. In order to avoid a channel conflict, same channel partners sign a deal registration; the deal registration is a feature whereby a channel partner, probably a value-ad...