E-commerce vs business, Other Subject

E-COMMERCE VS BUSINESS

While several use e-business and e-commerce interchangeably, they are different concepts. In e-commerce information and communications technology (ICT) is used in business-to-consumer transactions (transactions between firms/ organizations and individuals) and inter-organizational or inter-business transactions (transactions between and among firms/ organizations).

In e-business on the other hand, ICT is used to improve one's corporation. It includes any procedure that a business organization (either a for-profit, governmental or non-profit entity) conducts over a computer-mediated network. A more complete definition of e-business is:

"The alteration of an organization's processes to deliver additional customer value via the application of technologies, philosophies and computing paradigm of the new economy."

Three key processes are improved in e-business:

1.   Customer-focused processes- which comprise marketing and promotional efforts, processing of customer's purchase orders and payments, selling over the Internet and customer support, among others.

2.   Internal management processes- which comprise employee training, services, video-conferencing, internal information-sharing and recruiting. Electronic applications improve information flow between sales and production forces to get better sales force productivity. Workgroup electronic publishing and communications of internal business information are equally made more efficient.

3.   Production processes- which enhance ordering, procurement and replenishment of stocks; electronic links with suppliers; processing of payments and production control processes, among others.

Posted Date: 10/12/2012 6:31:22 AM | Location : United States







Related Discussions:- E-commerce vs business, Assignment Help, Ask Question on E-commerce vs business, Get Answer, Expert's Help, E-commerce vs business Discussions

Write discussion on E-commerce vs business
Your posts are moderated
Related Questions
Contemporary and Postmodern Art: Generally, contemporary art is described as any form of art in any medium that is generated in the present day. Though, within the art world the t

SECURITY PROTOCOLS A security protocol (encryption protocol or cryptographic protocol) is a conceptual or actual protocol that performs a security-related utility and applies c

E-COMMERCE VS BUSINESS While several use e-business and e-commerce interchangeably, they are different concepts. In e-commerce information and communications technology (ICT) i

In respone to the navigation acts and other colonial restrictions some colonis

New Media Communication Technologies: Here are some contemporary New Media communication technologies that are a mix of mass communication and interpersonal communication. Que

what causes them to be hardly hit on the surface of the earth?

Think about what you consider health to be. View Rebecca Onie''s TED Talk, What If Our Healthcare System Kept Us Healthy? After watching this video, does your professional defini

In counselling, there are several counselling therapies that will be used. One of them is the Person-Centered therapy developed by Carl Rogers. Critically show three key qual

Question: (a) List at least three reasons (i) Why you would convert an InDesign document to an Adobe PDF file? (ii) Scenario: Mr Tony Stark has been placing regular adver

WHAT IS C2C E-COMMERCE? Consumer-to-consumer e-commerce or C2C is basically commerce between private individuals or consumers. This type of e-commerce is characterized by th