Electronic business (e-business) can be defined as the use of the internet to network and empower business processes, electronic commerce, organizational communication and collaboration within a company and with its customers, suppliers, and other stakeholders.
E-business is the use of Internet technology to facilitate doing business. This handbook demonstrates that not all e-business activities have to be complex or costly to achieve benefits. Small businesses that are new to the world of e-business will find information and tools that will help them get started.
An online transaction can be 100% online for electronic products such as music, video clips, e-books, air tickets , cinema tickets, hotel booking , share trading, banking service and more.
Almost any e-commerce initiative will require support activities and services, as well as plans for attracting visitors to a website.
◗Developing a website
◗Hosting the website and selecting and registering a domain name
◗Developing, updating, and managing the content of a website
◗Designing a website for maximum usability
◗Providing support services
There are three general categories of e-business as described below:
*Business to Consumer (B2C)
*Business to Business (B2B)
*Business to Government (B2G)
Success in the online marketplace is never an assured outcome. As in the brick-and-mortar marketplace, the failure rate for online companies is high.
E-business
A computer system comprises hardware and software components, aiming to offer a powerful computational tool. These systems play a crucial role across diverse domains, aiding us in numerous tasks. The prevalence of the internet has significantly bolstered the utilization of computers for information sharing and communication. Computer systems empower us to store, process, display, and transmit information. Even in a basic modern computer system, multiple programs are typically required to carry out various functions effectively.
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