- Why are merger and acquisition strategies popular in many firms competing in the global economy?
- What are the strategic competitiveness outcomes firms can reach through international strategies, and particularly through an international diversification strategy?
he world wide web, which is the largest existing information construct, has come a long way since its advent. The first report of interactions and information & data sharing across a network was a series of memos that were said to be created in 1962 by J.C.R. Licklider. (Leiner and Cerf, 2018). Since then web has seen itself transform immensely, especially in the last two to three decades where the web has transformed from a static platform with little interactivity to a massive network that thrives on social communities and user generated content. Originally the state of the internet in its infancy was much more akin to traditional forms of information. Although information could now be transmitted digitally there was still no room for interactivity. The internet at this stage was titled web 1.0. This version of the was described as read-only. Here large organisation and corporations could use the web to deliver information or online brochures to a large audience of individuals who could access the internet (Aghaei, S, et al 2012) These individuals could obtain the information directly source but the boundaries of web 1.0 did not grant individuals the ability to interact with this information (Getting, 2018). Overall web 1.0 was static and favoured large corporations as they could supply the content they wanted. For destinations, this meant they could produce an image of their destination online that was created solely by them allowing their best foot to be put forward and delivering an appealing impression of the destination. However, this was just the start of something unprecedented and the world wide web would continue to change. In 2005 the internet saw what was known as the second generation of the internet commence. This second generation of the world wide web was to be known as web 2.0 Noti, E., 2013. The term web 2.0 officially outlined in 2004 by Dale Doughtery, vice president of O’Riley media. Web 2.0 would become synonymous with various descriptions such as; the wisdom web, the participate web and the people centric web. Overall web 2.0 allowed for a web that was bi-directional meaning that both the provider (the website creator) and the end user could interact on the web. Web 2.0 did not just facilitate the interaction between companies and end users but between end user and end user or peer to peer. Rather than the controls of web 1.0 that granted companies with most of the power, web 2.0 loosened these controls an allowed for the birth of online communities and bi-directional c>GET ANSWER