Management Information Systems Article Example | Topics and Well Written Essays - 500 words

Management Information Systems - Article Example For the establishment of the online business, we can purchase the land and establish a shop or mall for the business and deal with physical world products. Through deep assessment of overall online network, I have decided to sell online multimedia products. Our business will deal with physical multimedia products. In this scenario, we will plan to establish the terms of the online payment details. This will ensure that online user will perform the transaction in a better way. The website of eBay offers the Second Life Land 4096 Sq Met, 937 prim, Beachfront for the auction. Here we also find the books and multimedia for the sale and auction. This offers a great opportunity for the online dealing and business on the sponsor website. Second life offers a great opportunity for the online users to have the sense of the real world existence. The online social networks such as YouTube, MySpace, and Amazon offer the better opportunity for sharing the knowledge, news, videos, and for carrying out the business activities. However, there is no feeling of real world. The business and community on the Second-Life offer a feel of the real world dealing and online interaction. Therefore we can expect that the future of the Second-Life is really bright and hope that this online business and community platform will offer a great opportunity for enhancement and market domination. There are lots of different obstacles in the way of the Second-Life. These can be related to the online marketing and operations. The business and community of the Second-Life need to be more attracted to the other market businesses because a lot of different big business such as Toyota has established its online shops but still it is not operational. This happens due to less market coverage and marketing opportunities. Here Second-Life needs to attract more people regarding the enhanced experience of the new Physical World experience on the web.