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HOW BUSINESSES CAN USE WEB 2.0 by Mind Map: HOW BUSINESSES CAN USE WEB 2.0
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HOW BUSINESSES CAN USE WEB 2.0

COMPETITORS

information becomes available almost immediately after it has been posted on a wiki or chat site, so businesses can stay informed about what their competitors are doing at anytime of the day/week

competitive industries can use web 2.0 applications to gain support among cusomers

staying up to date with web 2.0 applications/developments enables industries to be more competitive with each other

CUSTOMERS

APPLICATIONS

SUPPLIERS

RSS

EMPLOYEES

trade unions will be more widely operational for fair employment etc

employees can have discussions amongst themselves on work that needs to be done or ask for advice on how to make the business more profitable

communication is quicker,cheaper and more effective for employees to communicate with their employers from distant places and at different time zones without having to travel there themselves.

GENERAL

due to more effective communication channels, time can be saved and in a business environment, time=money

when a business employs a new technology, it is staying competitive within its industry

a much wider and more diverse target market can be reached when employing web 2.0 technologies such as facebook and youtube.

information is easily accessible and understandable when using web 2.0 technologies