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 schooling and communications technologies such(prenominal) as ,the earnings , mobile and sensor networks. It involves the switch over of electronic favourables and services by electronic tradees. The digital networking and communication basis creates a platform over which different formation behold interact, devise strategies and search for information. Because of growing population and imaging militarisation ,digital economy is to business trading and services barely ,it involves any aspect of life from health to education and from business to banking. The combination of networked co mputing technologies and impertinently business models is creating entirely sore-fangled markets and in the buff 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 toil from the industrial economy towards an economy characterised by intangibles, information, innovation and creativity. It behind also be described as a park virtual marke tplace where consumers and businesses can be! nefit readily from goodness value products and services and where suppliers can market and distribute their products a lot efficiently. It represents the pervasive use of information technology hardware, software, applications and telecommunications in only aspects of the economy including internal operations of organisations that is business, government and non-profit. The technologies underlying the digital economy also go far beyond internet and personal...If you want to get a full essay, order it on our website: BestEssayCheap.com

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