Manging Capability Essay Example | Topics and Well Written Essays - 3250 words

Manging Capability - Essay Example China’s involvement with Bahrain is intriguing, especially because China sees companies such as MENA Telecom as key to a burgeoning market in the Middle East. This Chinese influence regarding telecommunications will be discussed here. Introduction Gutenberg’s invention of the printing press has caused vast changes in information sharing especially during the age of industrialization. Just as the printing press changed the way books, and thus knowledge, were disseminated, the Internet has also had a large impact on the way people communicate in this age. The youngest among the different forms of media present in this time, the Internet has rapidly evolved into one of the most popular media that has changed the way people all over the world share information. In a research by Anmuth et. al for the Lehman Brothers Internet Data Book (2008)1, the Internet ranked second with radio among the most utilized media, both garnering 19% behind television’s 33% consumption sh are. ... Wave 3 (2008)2, a global study by Universal McCann on the Internet as a social medium, identified the most popular activities that Internet users do when they log online. These activities range from watching and uploading videos online, reading and updating blogs and maintaining accounts on social networking sites. These activities changed media users from mere passive audiences, to producers of information. Thus, it is safe to assume that the Internet and other forms of electronically-mediated communications are a staple of everyday life.3 However, one of the biggest untapped markets for the development of the Internet is China. Studies reveal that there have been a rapid growth in Internet user in the People's Republic. From 670,000 Internet users in 19974, Chinese citizens who logged onto the Internet increased to 2.1 Million in just two years.5 A decade ago, a report by the China Internet Network Information Center (CNNIC) revealed the Internet statistics of the country: 8.92 mil lion computers that can access the Internet used by 22 million users.6 The report also identified 265, 405 sites and domains with Internet suffixes such as .org, .cn or .com.7 Internet-based businesses have turned their efforts towards penetrating the vast Chinese market. In 2000, China generated U.S. $9.32 billion in E-commerce revenue with U.S. $9.27 billion of this coming from business to business transaction and the remaining U.S. $47.1million from everyday Internet consumers.8 And with China's Internet population reaching 384 million by the end of 2009 and increasing to 420 million9 by the middle of 2010, these numbers reinforce analysts' claim that China is the next lucrative Internet and mobile market in the world, surpassing even both Europe and the United