From Payroll to Communications: Marisol and her Small Accounting Business

Understanding the Role of the Internet in Business Operations

When employees use the Internet to choose, they are leveraging the vast resources and capabilities that the online world offers. In Marisol's case, she uses the Internet for all aspects of her small accounting business, from payroll to communications. This level of digital integration allows her to access the tools and services she needs to efficiently manage her operations and interact with stakeholders.

The Importance of Extranets in Business Communication

Extranets play a crucial role in enabling businesses to connect with customers, suppliers, and other authorized parties online. These private networks extend onto the Internet and provide unique authentication, authorization, and accounting features to ensure secure communication and data exchange. By utilizing extranets, businesses like Marisol's accounting firm can facilitate seamless interactions with external partners while maintaining control over access and security.

Exploring E-Commerce and its Impact on Business

E-commerce, also known as electronic commerce, refers to the exchange of money and data for conducting business transactions online. With the rise of the Internet, e-commerce has become a prevalent means of buying, selling, and communicating in the digital age. Marisol's online accounting business exemplifies the power of e-commerce in enabling small enterprises to operate efficiently and reach a global audience.

← When to record an expense for an item Honeywell s diversification strategy a key to increased profitability →