StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Online Business Technologies - Term Paper Example

Comments (0) Cite this document
Summary
As the paper outlines, the traditional business processes have constantly evolved to encompass supply chain and electronic business. E-business models detail description from the work process that has been employed in virtual or electronic environments such as the world-wide-web…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.8% of users find it useful
Online Business Technologies
Read TextPreview

Extract of sample "Online Business Technologies"

Download file to see previous pages Successful organizations have been at the forefront of implementing e-commerce to integrate business processes and enhance work operations within the organization. The changes heralded by ICT are likely to accelerate in the future and herald fresh technological developments within the digital economy that are likely to generate fresh fundamental approaches to e-business of economy, government, and society accompanied by social and political implications (Stephen 2005, p.2). The term e-commerce is employed to describe online transactions incorporating the buying and selling of goods and services over the internet. The advantages of e-business encompass: yielding enhanced precision, quality and time demanded to update and delivering information on products or services; awarding client s the possibility of accessing the catalogs and prices at all time. E-business allows adoption of a fast and immediate way of conducting transactions and allows the electronic delivery of products and enhanced market, competitor intelligence (Phan 2003, p.581). Indeed, e-business has led to an expansion of customer base and rise within export opportunities. E-business pursues utilizing the Internet and linked technologies to integrate and redesign the organization’s internal activities, processes, and external relations, and generate fresh ways of working that are dramatically different from, and frequently superior to what was possible previously. E-business may encompass aspects such as electronic invoicing, electronic supply chain, and electronic marketing and promoting (Lawson 2001, p.377). Some of the conditions critical for e-business entail aspects such as configuration of all processes with the internet; significant revenue contribution from the internet; 24/7electronic infrastructure; and, profit and loss focus. E-business refers to the term employed to describe the mode of utilizing the internet to operate a business. E-commerce encapsulates the ordering, purchasing, slang, and paying for products and services by utilizing the internet. E-business only mirrors a fraction of the global business and can be highlighted as a leading sector that avail entrepreneurs with a suitable platform for entering the market (AMit and Zott 2001, p.493). E-business represents the strategic employment of internet tools and technologies with the aim of enriching all aspects of a business such as marketing, sales, or back-end activities. Background The internet has over time become an increasingly critical part of people’s lives. Indeed, e-business is increasingly permeating the mainstream business culture and becoming a medium connecting consumers and enterprises. Despite the increased growth of e-business, the majority of the industries are yet to realize the full potential of the internet, and there are numerous opportunities that stand to be exploited (Stephen 2005, p.3). This should be undertaken in full knowledge of the fact that technology takes time to thrive and become broadly available. As such, society requires time to adjust to allow all stakeholders to abandon their previous ways of undertaking things, and start utilizing the new technology in such a manner that it actually generates value. Rapid development in infrastructure and services has been widely witnessed in both private and private sectors organizations. The growth that the ICT sector has witnessed has yielded to IT representing one of the biggest capital expenditure by companies/businesses. A significant part of government initiatives has frequently been targeted at increasing the investments within ICT. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“E-Business. Online Business Technologies Essay Example | Topics and Well Written Essays - 4000 words”, n.d.)
Retrieved from https://studentshare.org/e-commerce/1404133-what-is-ebusiness-and-why-does-it-matter-for
(E-Business. Online Business Technologies Essay Example | Topics and Well Written Essays - 4000 Words)
https://studentshare.org/e-commerce/1404133-what-is-ebusiness-and-why-does-it-matter-for.
“E-Business. Online Business Technologies Essay Example | Topics and Well Written Essays - 4000 Words”, n.d. https://studentshare.org/e-commerce/1404133-what-is-ebusiness-and-why-does-it-matter-for.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Online Business Technologies

Managing Emerging Technologies: The World Bank Group

information Technology helps the businesses in cutting costs and creating value to the organization as a whole, by minimizing the digital divide. This helps in developing new and effective business processes as well as in making value propositions especially in the new and modern corporate world whose business network is spread far and wide, such as the World Bank for instance. Information technology plays a vital role in integrating systems and strengthening the strategic ties between service providers and customers, thereby rendering effective services.
The World Bank is involved in various activities providing a wide range of services to several developing and in transition countries across the globe. The bank, owned, fina...
11 Pages(2750 words)Case Study

Globalization and International Business: Starbucks Corporation

The Small Business Encyclopedia defines globalization as the process by which the economies of countries around the world become increasingly integrated over time. This integration occurs as technological advances expedite the trade of goods and services, the flow of capital, and the migration of people across international borders (globalization, Answers.com).
The shreds of evidence of globalization are all around us. For example, Hill (2005) cites an example of an American driving a car designed and produced in Germany that was assembled in Mexico from components made in Japan fabricated by Korean steel and Malaysian rubber. The car is filled with gasoline from oil pumped from off the coast of Africa, at a service station o...
12 Pages(3000 words)Case Study

Global Challenges for Business Management and Leadership

This section aims at understanding the challenges faced by the United Nations due to political conflicts. In the summer of 2007, an issue in the Politically Speaking, the DPA had highlighted the increased focus on the conflict meditation. This report had also highlighted the interview with the Under-Secretary-General for political affairs. In the interview, he defended the UN against all the criticism and he also highlighted the need for finding political solutions for issues around the world. The interview also highlighted the importance of results to show the effective working of the UN. This interview also highlighted and urged critics to look at the positive along with the negatives of the UN. “The UN has knowledgeable a...
7 Pages(1750 words)Research Proposal

Internal and External Environmental Analysis for the Bakery Business

Liberalization of foreign investment and technology policy of the government is supportive of establishing industrial units in the country.

Threat: The UK food regulatory authority is planning to enforce the EC Regulations relating to food labeling. The labeling requirements under the new regulations will affect the food industry as the suppliers will be legally obliged to disclose the GM content of foods to the caterers. Thus business firms in the bakery industry also will be effected through the exclusion of flexible manner of labeling arrangements in the case of flour confectionery involving GM Soya or maize. (Genetically modified and novel foods (labeling) (England) regulations, 2000).

Trend: The new subs...
6 Pages(1500 words)Case Study

Evandale's Business Plan

Evandale’s mission would have a strong impact on the company’s later brand development.
When a company determines its mission and its vision, it needed to determine its objectives to accomplish that vision. I did not see the objectives—where the company was heading through in the presentation. A clear objective would have enabled me, as an audience to also picture where the company would want to go and would serve as the benchmark for me to assess the later strategic choices the company would state in the presentation.
According to the slides, the potential demand for caviar and the sturgeon products are “100x” bigger than the current supply. I would have wanted to see a reliable source for...
7 Pages(1750 words)Case Study

The Management, Leadership and Teamwork Competencies Required by a Small Business Owner

On the other hand organizational leadership is defined as the ability based on the specific skill of an individual to lead his/her subordinates in a manner that pre-planned organizational goals could be achieved within the defined time-frame.

According to Burns (1978) and Bass (1985), transformational leadership has a set of category constructs such as values, morals, farsightedness, long term goals, principles, acute awareness about the dividing line between causes and symptoms, mission statements, strategic perspectives, and human resources. Similarly, they identify a set of category constructs in the transactional leadership also. For instance concentration on the task at hand, short term goals and tactics, confusion co...
6 Pages(1500 words)Coursework

Business Etquette for Business Communications Course

Who wants to give a guess? How about you (pointing at someone in the audience), yes, what is your name? Adam? What do you think, Adam – Money, Machines, Management, and Manpower? Why do you think so? And how about you, ma’am (someone else in the audience) – do you agree with him?

I think we are all in agreement: you could have Money, Machines and Management, but without Manpower, you cannot have a business. And unless you have good Manpower working well together, you cannot have a successful business.

Do people work well together naturally? Those of you who are familiar with office politics will say, “Of course not!” You are right: left to themselves, few people work well toget...
7 Pages(1750 words)Speech or Presentation

Which of the Business Objectives Might Best Be Applied to the Southampton Solent University

In other words, there is no explicit reference to the achievement of long term objectives and the people being involved in the business with the express intention of making profits.

In this context, the Southampton Solent University’s existence as a business organization in the strategic business sense would be defined as a clear attempt at continuously engaging in the present and future activities with a view to achieving its long term objectives of which the satisfaction of stakeholders, particularly shareholders, is of paramount importance. Its mission statement is “The pursuit of inclusive and flexible forms of Higher Education which meet the needs of employers and prepare students to succeed in a fast-...
8 Pages(2000 words)Coursework

Business Communication for Degree Access: Olympic Volunteering Consultancy

The London Organising Committee for 2012 is headed by Lord Coe but we would need to contact the Minister for the Olympics who is Tessa Jowell to place the Bid. The Olympic Games are said to need 70,000 employees with large land development in London.

To beat out the competitors with an excellent business strategy (Wikipedia) an excellent marketing strategy must be used! 26,400 pounds, of the 1 million pounds on Flyers and radio ads this company can inform the residents of Greenwich of the career training opportunity. Using Radio ads that are up to date we can gain a young volunteer base. Flyers handed out to community centers and welfare offices this company will gain other targeted volunteers.

The Census Bur...
6 Pages(1500 words)Assignment

Is the Business World Flat or Spiky

On the other hand, these globalization standards are opposed by some critics and argue that globalization does not have to be a requirement for putting up a business in other countries, thus it is just a choice for entering a foreign market. Accordingly, standardization is applicable specifically to high-end markets and with accord to the market segmentation such as the trends that the young people patronize (Mullman, 2006) Regardless of the idea that globalization is mostly based on how the company standardizes the products, the home country still holds the profitability of the business as the economy affects how the foreign investors and other national sources back up the business (Stiglitz, 2006).
Making the world flat mak...
9 Pages(2250 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Term Paper on topic Online Business Technologies for FREE!

Contact Us