E-business is any business process performed via a computer mediated network.It does involve implementing new systems and technology, which is a minor but important part of the puzzle.
E-business comes in many forms and can be implemented to a very small or a large degree. E-business impacts the technology, processes, organization, and management of the organization. These statements have strong implications for carrying out a successful e-business effort.
* Politics is an important part of e-business implementation. Nobody can ignore it or sweep it under the rug. It is there because e-business has such far-ranging impacts. E-business alters the power structure of departments and the entire organization.
* The characteristics of e-business as a medium for communication, transactions and distribution mean online marketing has a significant effect on marketing strategy.
Key characteristics include ubiquity, global reach, universal standards, richness, interactivity, information density and customization and personalization.
* The culture of the society, organization and environment is an important factor in e-business because we are dealing with customers, suppliers and employees.
*E-business, is not just about e-commerce transactions or about buying and selling over the web, it’s the overall strategy of redefining old business models, with the aid of technology, to maximize customer value and profits.
* Information technology (IT) has a major role that goes beyond systems work. Information technology is the only group that spans the organization and addresses the technology.
Information technology must have a central role in e-business implementation.
*It’s a combination of digital technologies that facilitate informational and transactional communication between two or more parties. This new media encompass the internet, interactive TV, interactive kiosks, mobile devices or mobile phone, iPad, tablet, or digital radio.
Business Oriented of 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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