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E-commerce and its development
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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. We have many examples of businesses, such as Amazon, E-Bay and Yahoo, that have achieved extreme on-line success and Virgin Atlantic is among them. The are two basic categories of business conducted over the internet, Business-to-Customer (B2C) and Business-to-Business (B2B), and they share one common key aspect - use of Internet technologies to manage all aspects of the business. In the following pages we will take a look at the steps that must be taken into consideration when developing a successful e-business architecture. E-business Architecture There are many different ways to define an architecture as they can take many forms, including logical views, scenarios (or sequence diagrams), physical views and deployment views. Each view provides a specific type of information within the diagram and is directed to a certain audience, including Web architects, data architects, application architects and end users. A good, reliable e-business architecture can serve as your platform for future e-business applications. In creating an e-business architecture, you will want to ensure that you are developing and leveraging core components across multiple applications. An effective e-business architecture should be built after a careful analysis of the way a company does business, for implementing an appropriate architecture is a way to make businesses overall more efficient. When developing an e-business architecture, a company must first take into consideration its current business structure or how they would like this structure to be if it's a new business, and from that point develop an architecture that will take the business to a next level of organization and management. Business goals Before starting any business you should consider its objectives, in order to develop a strategy. It is the strategy that lays out how the objectives will be achieved and determines deadlines for achieving them. If and when the goals are reached the business will be successful. Virgin Atlantic is UK's second largest major airline; it had its first take-off in 1984 and nowadays has routes leading to the world's major cities, having carried more than 38 million people to this date.
One methodology that may assist here is business architecture, a blueprint of the business that supports aligning strategic objectives and tactical demands. 7.
Have you ever purchased any product on the Internet, used the Internet to collect information or data, or played computer games on the Internet? You must agree that it is fast, easy, and enjoyable. The Internet has been a part of our daily life for several years now. In addition, in the business world, a new business model, E-business and E-commerce, has appeared for several years. According to Ali, there are two main types of E-commerce: B2B and B2C (2000). One is business to business (B2B). This means that enterprises use the Internet to transact or trade between business operations and their partners. Another is business to consumer (B2C). In other words, enterprises provide products, support good, and services to the customers on the Internet.
Laudon, Kenneth C. Traver, Carol. E-commerce: Business. Technology. Society 3th ed. Pearson Prentice Hall. Upper Saddle NJ, 2007.
E-marketing is a fast growing and rapid platform for any form of business. EBay has been highly successful over recent years and this is a perfect example of an online business. The internal and external environments are constantly changing and in order to keep up with these changes, businesses and organisations must make relevant changes, and generate new strategies to keep up with contemporary developments in e-marketing and to also maintain their position in their market in comparison to their competitors.
Oracle E-Business Suite is a bundling of several oracle based applications released in February of 2007. The goal is to integrate the global business applications involved with doing online business. And as a result, enables organizations to reduce costs, make better decisions, and increase performance. This is made possible by Oracle’s core relational database management system. No matter if the organization is large, small or medium size, it will be able to help customers manage complexities and solve business related issues. Some of the benefits of Oracle’s E-Business Suite include: lower total cost of ownership compared to IBM POWER7+ by 4 times, easily supporting up to 2,000 concurrent users for higher workloads or further
A successful business strategy will identify changes in the external trends in the market place. Plan out what the company’s future direction is. Set out the goals for the management team. It will identify a vision of where the company wants to be in the future. Keep all employees informed of the direction of the company.
... livelihood of the organization and understanding the role and place of each aspect is crucial. Realizing there are industry standards for modeling and diagramming help keep all stakeholders on the same project page. Proper use and approach of OLAP is key along with the setup and utilization of data warehouses and marts. Finally there is the architecture you use to tie it all together. Each area builds upon the other and is successive steps in the stages of the Systems Development Life Cycle. Although each is different, they all share a common interest. This interest is to work together to complete a whole data system that the entire corporation can use effectively and enjoy.
The future of economic competitiveness for most enterprises relies on entrance and active participation in the e-commerce market. An essential problem with e-commerce is that the controls and organization are different for each site. There is no standard way of building t...
“Enterprise Architecture” is a term that applies to both a program and a deliverable/output. A company may have an Enterprise Architecture team that is responsible for creating an enterprise architecture. Considering everything you have read, discussed, and learned in this program, (a) describe the ‘Enterprise Architecture’ discipline or program, (2) describe the ‘enterprise architecture’ deliverable/output.
In today's business world, many consumers prefer a company's presence & position on the internet. E-Business is a magical marketing tool for most companies. The term attracts attention and affects the fundamental tasks of a company's day-to-day operations. Companies have not confused the financial woes of various venture capitalists in the dot-com industry with the wide-range of possibilities offered via e-business. If positioned properly, a company could effectively influence the opportunities on e-business in a well-managed manner.
Enterprise architecture can be used in a diverse number of ways. It can be used to describe a certain business practice in an organization and the aspects or elements of that specific business practice under description. The environment under which companies or business organizations operate in is always in constant change. This means that the managers should always introduce new enterprise solutions, which can directly contribute to the linkage to the measures of improvement of business practices.
E-commerce is simply the ability to conduct business and personal transactions over the Internet. One of the most popular forms of e-commerce is business-to-consumer transactions where a company or business sells its products and services to a consumer over the Internet. Some examples of this type of e-commerce are Amazon.com, Nobles.com and CDNow.com. Albeit the popularity of this kind of e-commerce, the majority of e-commerce transactions are of the business-to-business (B2B) kind where sales occur between businesses [1].
E-commerce or electronic commerce is carrying out business communications and transactions through computers and over networks. It involves buying and selling of goods and services through digital communication. E-commerce also includes transactions on the World Wide Web and the Internet and means such as electronic funds transfer, smart cards and digital cash. E-commerce covers outward facing processes that interact with customers, suppliers and external partners such as sales, marketing, delivery, customer service, purchasing of raw materials and supplies for production.
The high take-up of the Internet leads to variety of opportunities in front of companies. People are more online than ever. They spend many hours each day on Social Networks such as Facebook and Google+. It is no wonder that buying and selling can now be done in a more convenient way. Although traditional shopping is still thriving, online shopping can be an alternative for people wanting to save time and money. If a certain customer plan to go shopping, it could be stressful and also be time consuming. E-business has made shopping or any kind of transactions online much easier and convenient. It introduces new facilities, opportunities and way of shopping for both vendors and customers.
Electronic Commerce as popularly as E-commerce has become a big deal in our growing economy due to the increase use of online systems. E-commerce now of the fastest growing business in the world. The technology has change the way of business. Business that have physical location have now made it an effort to focus their online business. It is the new sort of business platform where you can make use of different technologies like electronic data interchange or transfer document electronically. Online business is an effective of sales.