Economics in networked citizens

This picture explains everything. 

Technology has bring human into networking. The development of technology plays a important role in raising up the market of Network. Without technology, Network is nothing; without Network, human is nothing. We always say that we need Network to communicate with World, know new knowledge and etc., however, Network in new century has become a great place for people to implant their very own creativity. Through creativity and network, business and organizations has started to expand their business by Network.

There are always have wars happening in business world. Every companies and organizations are very competitive. In order to become the survivor and gain trust from people, they have to be more creative and stand out among the others. And, this is why changes happened. What they have changed?

First, employers. In order to expand their business or organizations, employers start to invest on all the high-technologies software, electronics and more. Why? Because of the need of market. To be the survivor in market, employers have to change. Not only changing all the high-technologies, but also employers. There are two ways to make changes on employers. First is sending all the old employees for training. Training can helps old employees to learn new software and familiar with new technologies. Second way is dismiss all the old employees, which is a really cruel and unfair to the old employees.

Second, employees. Employees in old days are very reliable. In old days, employers usually hire employees which have real knowledge on their job. Employees work everything by themselves without relying technologies. For example, they were usually write down and collect every data in a file and everything were in written form. But employees now are more prefer to key in all the data in to computer.

"There is some evidence that individuals are demanding work with a clearer purpose and meaning, and choosing employers with a higher moral standard. "

This is one of the changes of employees - Attitude. Compare to old days, employees tend to choose the companies and employers they want but not employers choose the worker they want. Employees now tend to be more concern about their own social and personal life. They work and socialize at the same time.

"Businesses have begun to embrace the way social networks work, and are looking towards tools that take advantage of the connections they facilitate."

Social networks have play a important role in businesses world. An organization can use network to promote and expand their business. Organizations can actually target their target audiences through social network. It is because there are a lot of different people from the world are using social networking site. Organization can even target them by their demographic and geographic. Great place for business world to expand their businesses.

"Market exchange comes with huge transaction costs - a lack of information, perpetual bargaining, and a lack of organizational memory.  Saving cost is something really hard in business world. But with network, organizations can save cost easily without affecting their performance in market place. Through network, organizations can do research and get information easily without using money to hire researchers. It is convenient and save cost at the same time. For example, a boutique. They can sell their clothes online without opening retail shop. They can get stocks by ordering online; research on their target audiences, check their payment and more. Other than paying for their stocks and website payment, every single procedures are free of charge.

Network has changed the economics, the structure of a company, relationship between employers and employees, relationship between business and the job opportunities in the market. Network and businesses are closely related to each other. In the society now, network is important, just as important as money. Without money, a company will not able to win the war in business world, same case, without network, a company will not able to win the war in business world and become the survivor in the world! Let the war begins!