E Business : The Handling Of Business Processes On The Internet Essay

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-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.

E-business is the business application of data and communication technologies in support of all the activities of business. Commerce set up the exchange of product and services between businesses, teams and people might be seen joined of the essential activities of any business. Electronic commerce focus on the information and communication technologies and uses this to create relationships of the business with individual, groups and other e-businesses refers to

The convergence of the Internet and emerging technologies has drastically changed the way companies do business. Most companies are looking for a way to understand the mission-critical challenges they are facing as a result of the e-business revolution. In its simplest terms, e-business (electronic business) takes key business processes and transforms the way a company does business by making efficient and cost-effective use of the Internet. Often companies redefine and reengineer their operations, their resources, core business skills and investment in technology to effectively reach the expanding global marketplace.

E-business can be defined as a network of business structures and processes which use the internet and software to connect and improve relationships with their customers

Because of globalization, today where clients are looking up for partners rather than suppliers so that they can help them to become more competitive and win more business, e-business is becoming an important issue. E-business will help them in decrease in transaction costs as there will be efficiency in the approval process. Even the purchasing department will become more effective and at the same time it will help in strengthening the partnerships.

E-business also known as electronic business is the conduct of business processes on the Internet. These electronic business processes include buying and selling products, supplies and services; servicing customers; processing payments; managing production control; collaborating with business partners; sharing information; running automated employee services; recruiting; and more. (Rouse, 2012) I have chosen The Body Shop as my organisation to discuss. The Body Shop has expanded their business to online as well as having hundreds of stores on market streets all over the world. By using e-business it has introduced them to a wider audience of people and is keeping them up to date with their competitors.

Electronic business, commonly known as "eBusiness" or "e-business" ,is a business running on the Internet. Beside buying and selling, it also serves a much wider consumer base and collaborates with business partners. The term also has an accurate definition -"interaction with business partners, where the interaction is enabled by information technology". When information technology has become more accessible, much cheaper and more powerful, E-business has become a new trend. Because of low running cost, E-business lowers transaction costs and has hundreds of millions of participants already. The world is now full of people who are much more familiar with advanced technology than twenty years ago. E-business, therefore, is understandable to

E-business is led utilizing a mixed bag of utilizations, for example, email, fax, online lists and shopping baskets, Electronic Data Interchange (EDI), File Transfer Protocol, and Web administrations. The greater part of this is business-to-business, with a few organizations endeavoring to utilize email and fax for spontaneous promotions (normally saw as spam) to buyers and different business prospects, and additionally to convey e-pamphlets to supporters.

Electronic Commerce, usually addressed as E-commerce can be described as a type of business used for commercial transactions which involves transfer of information across the internet. It helps people in electronically exchanging goods and services with ease as there is no time or distance barrier.

Electronic business is a sort of business where the Internet or the Web is utilized as a commercial center for managing transactions. In e-trade, digitally empowered business transactions are usually captivated between and among associations around the globe. Digitally empowered transactions allude to transactions that happen over the Internet and the Web with the assistance of advanced advances. Business transactions allude to transactions where cash is included for trade of items or administrations. No trade happens when no cash is, no doubt traded Since we are on the planet where advances and new advancements are quick developing and e-business being the following huge technique for organizations to addition more pieces of the pie, build benefit, target purchasers, and fulfill their needs and needs, a few potential programmers have likewise flourished their path into the data age period. All things considered, the Philippines have received a bill where shoppers can delight in some manifestation of assurance over the Internet. Some of these customer situated focuses are incorporated in the bill: First, in instances of no conveyances or wrong conveyances, customers can document a claim where permissible electronic proofs will be followed up on by the judge. Second, since contracts could be put away electronically, encryption innovations ought to see to it that it is kept at its unique and unaltered structure. Ultimately, Internet administration suppliers are not allowed to

In this case analysis, we use the term e-Business as a broader definition of e-Commerce (EC), not just solely describing the buying and selling of goods and services, but conducting all kinds of business online such as servicing customer, collaborating with business partners, delivering e-learning, and conducting electronic transactions within an organisation. This has to be stated since in some sources, the terms EC and e-Business are considered equivalent.

Electronic commerce (EC) provides a cost effective technique for organizations to marketplace their business, improve communication, identify potential business partners, and launch new way to their customer to purchase products online.

Doing e-business is cost effective; it reduces logistical problems and provides a small business with competitive advantage with giants such as Amazon.com or General Motors. E commerce helps in reducing cost of business as it enables to get access to large population.

Electronic commerce (e-Commerce) describes the process of buying, selling, transferring, or exchanging products, services, and/or information through computer networks, principally the Internet (Turban et al., 2004). It is also refers to the process by which commerce is carried out using electronic means to conduct transaction between businesses, customers, individuals etc.