The Concept of E-Business

Introduction
The key for any business or organization to sustain itself is improvisation. Every process has aspects that can be tuned to make the whole system as efficient and cost effective as possible. A similar trend led to the concept of E-Business. The businesses around the world had to improvise to meet the needs to the target customers. Today’s market is very global. When a global standard has to be developed, there are various important factors that need to be accounted for. One of the major factors is time zones. While targeting global audience time zones should not hinder in the profit generation of the business. The other factor that needs addressing is the comfort and ease of doing business for the customer. These two aspects are accounted for very accurately by the concept of E-Business. The comfort and ease of doing business is one factor that affects me personally. I prefer sitting in the comfort of my house and getting all my banking, shopping and other tasks done. Hence, I decided to do some research on the concept of E-Business.
Discussion
History
The electronic format of doing commercial transactions has been practiced for some time now. The initial format was called E-Commerce. E-commerce only involved buying and selling products and services over the World Wide Web. E-Business is an improvisation of E-commerce over the years. It not only includes buying and selling over the internet but also every possible business action over the internet. For example, a customer can view his/her entire banking record over the internet without having to make a trip to the bank. Anything from flowers to big engineering products can be delivered by just a click of the finger.
(Baltzan, 2012, 78)
Advantages of E-Business
• Pro...

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...ut these deals online need various vital pieces of information; there has to be an assurance provided to the customers about the security of the information. This is a volatile topic and is acting against the transformation of business consumers to E-Business consumers.

References
Baltzan. (2012). Business driven informaiton systems. (3rd ed., p. 78). McGraw-Hill Ryerson.
Tan, G. (2012, July 8th). Ebusiness and its advantages. Retrieved from http://onlinebusiness.volusion.com/articles/e-business-advantages/
(2011). E-commerce business models and concepts. (3rd ed., p. 75). Prentice Hall.
Jackson, P. (2005). E-business fundamentals. (p. 228). London: Routledge Taylor and Francis Group.
CBC, N. (2013, January 31). 15 future shop and bestbuy stores to be closed. Retrieved from http://www.cbc.ca/news/business/15-future-shop-and-best-buy-stores-to-be-closed-1.1307517