Essay about The Importance of E-business

The Internet over the past few years has seen a huge increase in online businesses and consumers. Electronic-commerce is expected to generate $36 billion in revenue during 1999, up 140% from last year alone.[1] With such a huge amount of money to be made on the Internet it is becoming very appealing for small businesses and start-up companies to try and make their niche in e-commerce. The Internet is drastically affecting the way companies and people conduct business now. E-commerce encourages growth in existing as well as new businesses because of lower overhead costs, the huge consumer base and the freedom of information flow. However the online revolution has created a large

Besides that, BI software plays an important role in SYSCO's service. It helps the company to examine customer's ordering pattern over time, hightlighting instances where a historically loyal customer is reducing its order volumes. The process helps the company to indicate the customers' satisfaction about SYSCO's service so that they know whether they are on the right track of serving their customers then they can adjust in order to provide a good service.

It adds value to the business i.e. it enhances the business operations which would inturn have a positive impact on the business

People are using the websites to order their desired products so information systems is very important. Without it, our business would not be able to run smoothly or

It is used as a starting point for working arrangements. It also helps the service users to understand what the risks are and what responsibilities the employees and employer have.

Visualization(important): (real time updating) easier for business to do and understand the data, easier to identify potential and most influential customers.

There is a misconception that e-Business simply means buying and selling products and services over the Internet. The broader view of e-Business focuses on the key processes that directly enhance revenue — namely, customer acquisition and retention through sales, marketing and service (Siebel, 2004). This customer-centric view of e-Business is not limited to the Internet but rather applies to all aspects of the customer relationship whether it is online or offline.

* Allows a company to concentrate on its core business, leverage its key resources and core competencies, and do even better what it already does best.

vital to an organization 's success. It allows for the exchange of information to be utilized within

It enabled us to produce reports in real time and gave us the ability to seamlessly embed Caspio data pages on our sites and partner sites.

The system allows to company to modernize its strategies and processing more efficiently than its competitors

Improved effectiveness: Board and stakeholders provide a standard approach with the ability to ask right question. Boards, business and IT departments can communicate effectively between themselves and their suppliers. Customers and supplier engage in a familiar process by addressing questions and providing information which increases the productivity. Candidates can be hired more easily with recognised expertise and become more effective.

They streamline access to information, eliminate bottlenecks in HMIS, and optimize security of information. In addition, the systems facilitate the maintenance of information integrity and minimize overhead. They help in identifying duplicated and near-duplicated content. In turn, it allows organizations to maintain a few copy of a specific piece of information as opposed to having hundreds of the same. This typically allows the management to zero-in on specific needs of the organization (Phan, 2013).

Have you ever purchased any product on the Internet, used the Internet to collect information or data, or played computer games on the Internet? You must agree that it is fast, easy, and enjoyable. The Internet has been a part of our daily life for several years now. In addition, in the business world, a new business model, E-business and E-commerce, has appeared for several years. According to Ali, there are two main types of E-commerce: B2B and B2C (2000). One is business to business (B2B). This means that enterprises use the Internet to transact or trade between business operations and their partners. Another is business to consumer (B2C). In other words, enterprises provide products, support good, and services to the customers on the

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.