The ubiquitous nature of the Internet is dramatically revolutionizing the manner in which
organizations and individuals share information. Developed out of necessity during the cold
war, the Internet was created as a means to help governmental institutions and collegiate
institutions send documents and research materials electronically (Williams et al., 1999). Over
30 years it has grown slowly and painstakingly; though vast quantities of information existed
on this “network of networks,” it was so scattered and disorganized that finding anything
taxed even the most computer literate devotees. The developments that made the Internet
a “25-year overnight success” were the creation of HTML (Hypertext Markup Language) and
the development of server/browser software to view the interconnected documents. It is this
layer of the Internet architecture, the Web, which has become synonymous with the Internet.
Users access information on the Web, or “the Net,” by simply pointing and clicking on key
words or images linking individual or organizational home pages. New business and personal
applications are being developed on a daily basis, and the number of people using the Internet
(“users”) is increasing exponentially with each passing day. At the end of 2000, there were
an estimated 407.1 million people “surfing the Web” (Nua Internet Surveys, 2000) world wide;
United States users comprised almost 153.84 million, or over 55 percent of the US population.
The Internet is having a dramatic impact on the scope of business applications and has
become the foundation for the world’s new information infrastructure. Technological
advancements and the promise of cost reductions have set the stage for the emergence of
the World Wide Web as a vehicle for electronic commerce (e-commerce). Conservative
estimates forecast that Internet generated revenue will reach approximately US $300 to $360
billion by the year 2002 (Hoffman et al., 1999; Hinde, 1998). Consumers worldwide use the Web
to acquire information, find and compare products, and purchase these products. The Web
is a conduit for transactions between businesses and consumers as well as between
businesses and other businesses. It has allowed business to compete and thrive, succeed
or perish in an environment that is free of geographic limitations (Kannan et al., 1998). Ninety
million people utilize it to exchange information or transact business around the world (Hof
et al., 1998), linking directly to suppliers, factories, distributors, as well as customers.