Monday, September 15, 2008

New Media

New Media undoubtedly composes of 5 C's: Communication, Collaboration, Community, Creativity, and Convergence. Few examples of new media are Blogs, Wikis, online social networking, virtual worlds, social media forms, etc. To me they all have 3 things in common, they are easily accessible, price convenient, and universal. What I mean by universal is that they are irrelevant to any sort of discrimination. Anyone from anywhere at anytime can use new media.

To me new media has made the most difference in the world of business. It had driven firms prime goal of profit maximization to customer satisfaction. Hence, giving most importance to customer satisfaction is what has made new media easily accessible, price convenient, and universal. To me new media can also be termed Consumer/People's media.

Sunday, September 7, 2008

Breaking Ice

Hello all, this is my first post for this CIS 3810 class. I hope so far the semester is going great for everyone and hopefully it will stay the same throughout. This class is certainly innovative and exciting in terms of the classes I previously had at Baruch.

Today, more than studies what worries students is the state of economy of USA. Not only are we on the merge of recession, according to the latest news the unemployment rate jumped to a five-year high of 6.1 percent, approximately 84,000 jobs lost. I don't know where this is going to end up. But a lot will depend on who will lead USA next. I route for Barack Obama. I look forward for your opinions.