Digital Economy

Digital Economy Digital Economy 2012 TASHINGA MURERWA R117874BC AFRICA UNIVERSITY 2/9/2012 2012 TASHINGA MURERWA R117874BC AFRICA UNIVERSITY 2/9/2012 A digital economy is a network of economical and social activities that are enabled by information and communions technologies such(prenominal) as ,the earnings , mobile and sensor networks. It involves the transmute of electronic favourables and services by electronic logical argumentes. The digital networking and communication basis creates a platform over which different scheme behold interact, devise strategies and search for information. Because of growing population and imaginativeness militarisation ,digital economy is to business trading and services only if ,it involves any aspect of life from health to education and from business to banking. The combination of networked computing technologies and impertinently business models is creating entirely in the altogether-fangled markets and modernistic businesses work practices today to form a digital economy. It is a convergence of communications, computing and information technology. The essential elements of a digital economy are: codification of knowledge, transformation of information into commodities and new ways of organising work and production .Digital economy is a run from the industrial economy towards an economy characterised by intangibles, information, innovation and creativity. It extirpate also be described as a super acid virtual marketplace where consumers and businesses can benefit readily from equitable value products and services and where suppliers can market and distribute their products very much efficiently. It represents the pervasive use of information technology hardware, software, applications and telecommunications in hale aspects of the economy incl uding internal operations of organisations t! hat is business, government and non-profit. The technologies underlying the digital economy also go far beyond profits and personal...If you want to get a full essay, order it on our website: BestEssayCheap.com

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