Not only are traditional businesses completing their transactions with other businesses in such an online format, but such transactions are taking place between businesses and consumers as well as consumers to consumers. The following paper outlines some of the differences and similarities of each of these e-business models. Business to Business E-Business There are many companies that offer e-business solutions, but I will be using Intel for an example. Intel is a leader in this field when it comes to the solutions they offer their clients. By utilizing a product based web experience for their business customers they have tailored their organization to effectively manage their supply chain as well as customer relations (David and Malone p. 103).
Introduction E-business refers to the ability of an organization to transform its processes in a manner that it conveys additional consumer values with implementation of various forms of technology, philosophies, along with a computing paradigm that correlates with the novel economy. There is an association that exists amid the internet with e-business. The internet happens to be a wider concept when compared with e-business. E-business relies on the internet economy to enhance some of its most important processes that comprise of production, customer-focused, along with internal management processes. This paper intends to provide a detailed exploration in the relationship between the internet and e-business with a further review of some of the key strategies employed by organizations for e-business that include marketing, financial services, procurement, with consumer services.
Here in this paper I will explain how marketing differs on a B2C site compared to a B2B site. First let me explain the difference between B2C sites compared to a B2B sites. A B2C site is defined as a consumer shopping on the Web, often called business-to-consumer (or B2C). B2C ordinarily refer to on-line trading and auctions, for example, on-line stock trading markets, on-line auction for computers and other goods. B2C e-commerce refers to the emerging commerce model where businesses /companies and consumers interact electronically or digitally in some way.
It includes transactions, order forms, selection of merchandise, warehousing, availability of products, and descriptions of a product. The history of e-business starts with e-commerce, which is interrelated. With changing technology, comes a new definition of existing words. For example e-commerce was originally defined as the facilitation of commercial transactions electronically through electronic data interchange, which would send electronic commercial documents like invoices or purchase orders electronically (Wikipedia). The new definition of e-commerce is the purchase of goods and services over the World Wide Web through secure servers with e-shopping carts and electronic pay services, such as credit card payment authorization services (Wikipedia).
There are e-commerce conducted between businesses and those that carried out between a business and its consumers. Business-to-business e-commerce take place in electronic data interchange over private networks. Companies that regularly do business together will setup an automated and fast info exchange such as stock deliver and receive confirmation. For business-to-consumer e-commerce, the Web has become the dominant pipeline. It includes buying and selling any item over the Internet, electronic fund transfer, shipment tracking, and all other methods of conducting business over digital networks.
E-commerce application is a platform where there is buying and selling of products and services which are done by businesses and consumers via an electronic medium Objectives of the research: 1. To discuss the advantages and the disadvantages of the E-commerce application. 2. To compare E-commerce application to Traditional commerce. 3.
In the discussion I will try to state how e-commerce influences business in the new world with the vast growing of the Internet technology. First, I will define what is e-commerce. Then, I am going to highlight some comparison between the traditional and electronic commerce. The benefits and disadvantage of e-commerce will be the following step. At the end of discussion and briefly I will mention e-commence technologies.
Table of Contents Introduction 3 E-business Architecture 4 Business goals 5 Networked applications 5 Information/Database 7 Foundation Technologies 8 Bibliography 10 Introduction What's e-business? It is the transformation of every business process through using the internet and associated technologies. In this transformation, each part of the business becomes a part of an intrinsic network, which enables employees, suppliers and customers of a given enterprise to conduct their tasks. People usually try to make a point in differing e-business from e-commence, but as I see, e-commerce is a part of the e-business category, and an important one. E-commerce can be defined as any business conducted over the internet.
1 Assess the business functions of Easyshopping.com 2 Evaluate business aims of Easyshopping.com and show how they relate to stakeholders. 3 Analyze the impact, including the risks, of introducing e-Commerce system in Bangladesh. 4 Discuss the global impact of easyshopping.com Task 1.1 Assess the business functions of Easyshopping.com Answer: Easyshopping.com is a business organization just like any other businesses; however the difference is that they trade with their customers using the internet as a medium of communication. A business functions are a set of activities divided into different segments or departments which must co-ordinate with each other in order for the business to function properly and generate revenues. Just like every businesses, Easyshopping.com should also ensure that their functions are working together in order for the business to survive in the market.
Electronic commerce, commonly known as E-commerce or E-business, is trading in products or services conducted via computer networks such as the Internet. Electronic commerce includes the technologies such as M.Commerce, electronic funds transfer (EFT), supply chain management (SCM), Internet marketing(IM), online transaction processing(OTP), electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce mostly uses the World Wide Web at least at one point in the transaction's life-cycle. Also it may encompass a wider range of technologies such as e-mail, mobile devices, social media, and telephones/mobiles as well. Electronic commerce is generally considered to be the sales aspect of e-commerce.