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prepare about the impact of the internet on firms with reference to the following problems:

problem1. Illustrate the concept of value creation.  Elucidate how a firm can use the internet to increase value creation.  Demonstrate your answer by using real commercial exs.

problem2. describe the support and primary activities in the value chain and assess how the internet influences them.

problem3. Elucidate the concept of the virtual value chain and its relationship with the traditional value chain. Illustrate application possibilities of the V V C.  Discuss, using exs, whether the V V C concept is more applicable in certain industries than in others.

Maximum: 2500 words

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