There are huge benefits to the Internet as a business environment not least of all the lack of restrictions in geography and time zones, and improved transaction speed and cost.
Turban E et al (2004) cite Huber (2003) who states that the new business environment has been created due to advances in science occurring at an accelerated rate.
Huber continues by saying that the rapid growth in technology as resulted in a large variety of more complex systems and that as a result we experience a more turbulent environment, with more business problems and opportunities; stronger competition; and the need for organizations to make decisions more often.
The popularity of the Internet in the early 1990