More Businesses on the Net

WHY IS THIS IMPORTANT? The Internet offers rewards of increased efficiency and access to customers that are too great for businesses to ignore. Sixty-five percent of purchasing managers recently surveyed said they use electronic ordering in one form or another, and that number was expected to grow to 85 percent by the end of 1998. Resulting efficiency improvements and increased competition should mean lower prices for consumers.

THE TREND: () In 1997, 24 percent of U.S. businesses had access to the Internet. That number is projected to grow steadily, to about 45 percent by the end of 2001. In the same period, the percentage of businesses with their own Web sites is projected to grow from 5 percent to 30 percent.

THE DATA:

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Index Home | Introduction
SECTION I | SECTION II | SECTION III
Productivity Paradox | Knowledge Economy
Nine Myths | Data Sources | Endnotes | The Authors

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