Online Business
Many aspects of a business companies activities can be carried out online...
  • videoconferencing - online business meetings.
  • communication between people - swapping ideas, requesting information, circulating company news etc...
  • e-commerce - online buying and selling
  • email - including orders
  • online payments, e-banking.
Business networks can be created that allow fast communication between branches of the same company or even between a number of different businesses. 

A number of different businesses may get together and cooperate in some way that results in their mutual advantage. The members of the network choose each other, agree to cooperate and generally end up depending on each other to some extent.

Networks allow businesses to work as a team and therefore become more productive and profitable.

 

Some business networks provide support  and advice for new businesses.