
■ Substantial communication cost reductions: With easy electronic
communication, documentation and transaction costs can be
impressively decreased. Moreover, inexpensive network facilities
such as the Internet offer low-cost worldwide communication,
ahead of private leased lines or remote dial-up access.
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17.2 Increasing risk on extranets and intranets
In today’s harsh competitive climate, though ultimately important
for business, this openness is not risk free, as the following few
examples show:
■ For European companies, security fears remain the biggest
inhibitor to expansion of e-commerce: 69% cite this problem
according to industry analysts.
■ Eighty ...