The Rise of E-Business in the Music Industry (I like this topic Term Paper

The Rise of E-Business in the Music Industry (I like this topic because Im a Musician) - Term Paper Example Management information systems store and organize data such that useful analysis can be done on it for the betterment of the respective e-business company. 1. Introduction The advent of computers has caused an effect on almost every walk of life. The technological advancement has created many opportunities in numerous fields, ranging from medicine to education, travel to business. The field of business has seen revolutionary changes that have made it more structured and accessible. The invention of e-commerce or e-business has given the organizations an excellent opportunity to access millions of consumers on the web. SearchCIO.com, (2010) explained that e-business can be defined as the conduct of business by means of the incorporation of technology; it also refers to the buying or selling of products and services on the internet. E-business has made its place in a diverse range of areas for example, book stores, hotel booking, airline tickets, movies and music etc. E-business has no t only provided convenience to the consumer but it has also generated new avenues for the organizations to earn profits since it tends to reach a greater market segment than the conventional mode of business. 2. Overview The 20th century witnessed the evolution of different types of formats of music. The long playing (LP) record albums were famous and adapted by people for many years. A gramophone was needed to play the records. Then, the music lovers saw the advent of cassettes that could be played in comparatively smaller players. The size of the cassettes was smaller than the records therefore it was considered to be more manageable by the people. Cassettes became the main source of revenue for the music companies between the 1970s and 1990s. Later in 1990s, the invention of compact discs (CDs) improved the quality of music and became a new source of income for the music companies. The quality of sound improved with the invention of the CD therefore that technology started gainin g more fame than cassettes. The advent of the 21st century brought an unexpected change for the music business. It was a new music format that did not depend on any physical device like a cassette or CD- MP3. MP3 format could be saved in any computing device thereby changing conventional form of music to digital music. 3. Negative side of Digital Music The concept of digital music took a negative turn in 1999 when a young man named Shawn Fanning created the platform of ‘Napster’. According to Greenfeld, Taylor and Thigpen (2000); Napster was a file sharing platform that allowed the users to share files amongst each other on the internet. Instant messaging and search options were some of the features that allowed the users to find their desired music on the web. This platform gave the users an opportunity to listen to music without any expense. It is due to this reason that Napster became very famous and starting harming the music companies to a great extent. It was a ce ntralized platform which became the reason for its downfall. Olsen (2003) provided the information that Universal Music Group and EMI filed a suit against Napster for the illegal downloads that were allowed under the respective technology. The website was shutdown in the early years of the 21st century and stopped piracy of digital music. This was a big step for the music label companies as they were able to put a stop to a huge

Genetically Modified Food Research Paper Example | Topics and Well Written Essays - 1750 words - 1

Genetically Modified Food - Research Paper Example This essay stresses that American networks have promoted a notion construction method beneficial to extra permissive regulatory preferences than the Canadian environmental and evaluation networks. The distribution of capability and the interconnections between state and civil society actors have nourished extra this trend. USA capability has overwhelmed EPA, a state actor with an inclination extra beneficial to legislation than advertising. The Canadian environmental chance evaluation network has fewer linkages that exist in regard to civil society than USA networks, Canadian officers preferring global discussions to assemble their possess theory of sound scientific regulatory techniques. This paper makes a conclusion that various countries have different views in regards to genetically modified organism since it contributes to agricultural inventions in regards to globalization. GMO is significant for the development of countries’ development in relation to new technologies and globalization. Besides, GMO is a positive tie between the country and the farmers since it has increased economic realization of various countries all over the world such as US and Canada. Even though GMO has negative impact on agriculture, many scholars have contributed to positive research in regards to making it an excellent mode of agricultural laboratory practises. In the present world, people are used to genetically modified food even though people do not know the effects it has on human beings as far as health is concerned.