[Your full name] October 31, 2011 E-Commerce What is E-Business Strategy? Internet has served as a very sophisticated and intelligent tool for business observers, investors, and world market, providing a better means of strategic positioning than ever before…
Download file to see previous pages...
Kourdi defines business strategy as “the plans, choices and decisions used to guide a company to greater profitability and success” (3). In e-business terms, we can mould this definition to state that e-business strategy is the plans, choices and decisions that are used by the business owners to guide their electronic transactions with other businesses, customers, suppliers, executives, partners and investors to achieve high end productivity in the virtual world. If the e-business owners are able to implement clearly focused strategy, they are then able to provide commercial success to their virtual businesses. On the other hand, if the strategy is faulty, this leads to total destruction of the company in the short or long run. Therefore, it is important to understand the importance of e-business strategy which is quite different from the real world business strategy. It is also important to differentiate between the strategic plans and otherwise decisions because many businessmen have the “tendency to label every plan and decision strategic when most are about implementing strategy rather than setting it”, according to Kourdi (3). Successful E-Business Strategy- An Example How and why e-business strategies are successful is understood when the results and outcomes are observed. Dave mentions in his book that when the e-business owner knows in which direction he will drive his company and what kind of organizational culture he is going to impart to his e-business so as to enhance the productivity and attract e-consumers efficiently, this enables them to lay down such a strategic plan that helps them achieve their mission. E-business strategies are successful because they tend to clarify the mission statement and the vision of the e-company thus resulting in goal-based and productive performance of the company in the cyberspace. Dave mentions in his book many examples of successful e-businesses out of which a very interesting one is that of the Dow Chemical (p.249). According to Dave, Dow chemical is the result of implementation of a successful e-business strategy
...Download file to see next pagesRead More
Cite this document
(“E-Business Strategy Essay Example | Topics and Well Written Essays - 1250 words”, n.d.)
Retrieved from https://studentshare.org/e-commerce/1434302-e-business-strategy
(E-Business Strategy Essay Example | Topics and Well Written Essays - 1250 Words)
“E-Business Strategy Essay Example | Topics and Well Written Essays - 1250 Words”, n.d. https://studentshare.org/e-commerce/1434302-e-business-strategy.
This essay analyzes that the Starbucks Company has had several issues with the technology that they have used in the past few years. Of importance to note is that guest communication is crucial as it revolves around the Company. Some of the issues that need to be addressed include poor communication between the staffs, customers and the external world.
Citibank has been one of the pioneers of Internet Banking from a very early stage of internet revolution. Citibank management was quick to judge the future of business and banking lay in the internet boom and wanted to fully capitalize itself on it. The report will be discussing the situational analysis keeping in mind the theories of PEST and SWOT analysis, the industry analysis like the porter’s five forces.
Social networking in the simplest term is the way with which the 21 century communicates. Rise in social media users; for instance, the population of Facebook is growing at pace with ranking next to population of India and China (Divol, Edelman, and Sarrazin, 2012); and this has sparked revolutionary change in business
This has been so because ICT provides a platform for businesses to gain competitive advantage as it ascertains that operations are handled in fast and efficient manner. This report looks into the General Electric Company, and how the company has developed an e-business strategy and utilized ICT so as to enhance customer relations and improve on its performance.
It has even taken the domestic airline market by storm. All this has been made possible because of the major IT initiative taken by the airline and the approach they had. Let us look at the strategy in detail.
In the 1970s, it was conceived that distribution is the major activity that could leverage the profitability of an airline in the global operation that was just happening across the world.
To optimize its core purpose, like delivery of reliable products and services and making profit, it needs to have a strategic vision. The broad goals or objectives of a company dictate its strategy. Strategy acts as a guiding framework and also as a
This holds relevance for the companies like Spotify also. Let us analyze the features of the Spotify as follows:
Spotify is a music company that provides a new way to enjoy music for the customers. Spotify is a well known music
The report first briefly states the history of the university, their goals, finances and SWOT analysis. After the organization background, the existing systems are discussed and their limitations. Then, the three IT strategic
Suitability of those models in specific business sectors is most important because there are some weaknesses along with the strengths for different business sectors. These models can help businesses in managing their data and also derive
8 Pages(2000 words)Coursework
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic E-Business Strategy for FREE!