Electronic business

From Wikipedia, the free encyclopedia

Electronic Business, or "E-business", may be defined broadly as any business process that relies on an automated information system. Today, this is mostly done with Web-based technologies. The term "e-business" was coined by Lou Gerstner, CEO of IBM.

Electronic business methods enable companies to link their internal and external data processing systems more efficiently and flexibly, to work more closely with suppliers and partners, and to better satisfy the needs and expectations of their customers.

In practice, e-business is more than just e-commerce. While e-business refers to more strategic focus with an emphasis on the functions that occur using electronic capabilities, e-commerce to be a subset of an overall e-business strategy. E-commerce seeks to add revenue streams using the Worldwide Web or the Internet to build and enhance relationships with clients and partners and to improve efficiency using the Empty Vessel strategy. Often, e-commerce involves the application of knowledge management systems.

E-business involves business processes spanning the entire value chain: electronic purchasing and supply chain management, processing orders electronically, handling customer service, and cooperating with business partners. Special technical standards for e-business facilitate the exchange of data between companies. E-business software solutions allow the integration of intra and inter firm business processes. E-business can be conducted using the Web, the Internet, intranets, extranets, or some combination of these.

1 E-business includes
2 E-business Models
3 References
4 External links
- 4.1 Wikibooks

[edit] E-business includes

Applications can be divided into three categories:

Internal business systems:
Enterprise communication and collaboration
electronic commerce - Business-to-business electronic commerce or business-to-consumer electronic commerce

[edit] E-business Models

Organizations go online, they have to design which e-business models suit their business goals. ^[1] Business model is defended as the organization of product, service and information flows, and the sources of revenues and benefits for suppliers and customers. The concept of E-business Model is the same but used in the on-line presence. Currently, the most adopted e-business models is a list as follows: