Disadvantages Of E-Business

E-commerce is the process of buying and selling of various products and services by businesses through the Internet. Primarily there are five types of ecommerce systems: Business to Consumer (B2C)

Electronic business, or e-business or "electronic commerce"(55) has increased exponentially because so many businesses are on digital networks. Major business transactions are completed on the enterprise. Digital networking is transforming businesses relationships with the companies customer, their employees and relationships with suppliers and partners in business. E business technology is also improving the way business is done in the government. The government uses the Internet to enable and increase business

E-Commerce:conduct the business transaction electronically via Internet,including electronic trading market, Internet marketing, online transaction processing, electronic data interchange (EDI) etc.

E-business stands for electronic business. The role of E-business is conducting the business via the electronic by synchronizing all the supply chain to make the process more efficient and get to fulfill more customer demand. It could reduce the cost of production, expands the business by giving support from business to business. While, E-commerce is the process of transferring money which is different from e-business, so e-commerce is being considered as a part of e-business.

E-business uses the digital technology to optimize the business activities of organization in order to increase the efficiency and effectiveness of operation and gain competitive advantages. E-business provides the solution that allows the organization to instantly share database, information of products and services, financial figures and data and nearly anything else that the organization may need to operate the business activities effectively and efficiently (Nguyen, 2013). E-commerce which is the abbreviation of electronic commerce is the subset of e-business. It focuses on the online transaction which includes selling of products or service by using computer network, primarily the Internet.

With the development of society, e-commerce, a new type of business in Marketing emerges. It stands for Electronic Commerce. Rayudu (2009), the author of E-Commerce: E-Business, states that “E-commerce is a selling and transfer process requiring several institutes. It is a systematic and organized network for the exchange of goods between producers and consumers. The Net embraces all those related activities which are indispensable for maintaining a continuous, free and uninterrupted distribution and transfer of goods.” However, both the advantages and disadvantages exist in this new business type. (p. 1)

What is e-business? Electronic business or also known as e-business is any business that uses advanced technologies in their business processes, filing, and electronic commerce. Apart from that, these technologies also help the workforce in the organisation to communicate easily. Last but not least, e-business able to communicate with their shareholders, suppliers, stakeholders and customers without difficulty.

The traditional method of doing business has always been face to face trading. It is a medium for both customers and businesses to negotiate and purchase and sell goods and services. However, with the progression of the technology age, businesses and customers alike are finding convenience and benefits through the use of e-commerce. Electronic commerce (e-commerce) involves online transactions and the trading of goods and services through the Internet, without time and geographical barriers (Network Solutions, 2014). This could include retail sites, large online music stores such as iTunes or business to business (B2B) transactions between companies. This is a new emerging technology and has brought many advantages (Network Solutions, 2014).

B2B means Business to Business marketing. Enterprise sell to customer, often cutting for Business-to-Business e-commerce are deals flanked by the business and midst the business. B2B used in distribution management, channel management, supplier management and payment

To begin with, what is e-commerce? In a general term e-commerce is an electronic business that is done on the internet. There are different types of things that can be done on the internet, such as banking, fund transfer, advertising, buying, and selling goods. But one thing that stood me out the most is, how digital stores are taking away retail stores, and rapidly changing in many ways? But, my question leads to what will happen in next three to five years? Will it completely take away physical world e-Markets? Because, looking at the technology in past three to four years, it has improved day by day, and changed the working style of people. Such as Amazon, Facebook, PayPal, and other online business made people's life easier to buy and sell products from home. Although, having online company is a fantastic idea but, there are some advantages and disadvantages of online stores, and retail stores.

E-Business is quickly becoming an important initiative for companies to take into consideration. E-Business impacts every aspect of how a business is run. Implementing e-business applications will require a new process design, organisation restructuring, new job descriptions within the business and new policies. An organisation’s ability to adapt to new technologies being introduced and new business models is an important factor to increasing productivity within the organisation.

Although e-commerce is one of the most prevalent to dealing business of this generation, there are a lot of advantages to business, customer and society. however, there are still some areas of concern services will need to be processed.

Whether you are an eCommerce owner or a web user, client or customer, you've come to the conclusion that simple online forms do not always give customer service satisfaction and may even cause a sale, product or service to fall down a cyber crack.

Ecommerce proved its importance based on the fact where time is essence. In the commercial markets, time plays an important role to both the business and consumers. From the business perspective, with less time spent during each transaction, more transaction can be achieved on the same day. As for the consumer, they will save up more time during their transaction. Because of this, Ecommerce steps in and replaced the traditional commerce method where a single transaction can cost both parties a lot of valuable time. With just a few clicks in minutes, a transaction or an order can be placed and completed via the internet with ease. For instance, a banking transaction can be completed through the Internet within a few minutes compared to the traditional banking method which may take up to hours.

The term business doesn’t completely consist of only retailing; businesses can function online. An e-business, also known as ‘electronic business’ is a web-based service provided by a business which enables an exchange of products/services; the electronic market focuses on the use of information technology to allow activities of exchange to