What is E- business

warbarnacleSecurity

Nov 5, 2013 (3 years and 11 months ago)

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Unit 3: E-business
What is E-
business
What is E-
business

E-Business
- is short for electronic business

It is the activity of doing business electronically

The effective use of information technology enables
businesses to perform many business activities
quickly and easily

The most common form of e-business uses web
technology

Web sites are used by business for many different
purposes
E-business Tools

A wide variety of technological tools are used in e-business
including:

Web Sites

Email

Online Forms

Databases

Spreadsheets

Video Conferencing

Scheduling Software

Ordering Systems
E-business
Activities

The following are examples of e-business activities:

Communicating via email (customers, employees, clients)

Online ordering of products and services

Selling products or services through a web site

Providing information about products and services
through a web site

Providing product support through a web site

Researching on the Web to find information (prices, phone
numbers, products and industry trends)

Managing information within the business

Conducting financial transaction using online banking and
electronic funds transfer
E-business
Advantages

E-Business has enabled business to establish new ways to
make money

Businesses also use e-business tools to connect people
together (they can work more closely with their partners,
suppliers and customers)

By employing e-business systems, they can link their internal
and external processes together more efficiently and flexibly

An online purchasing system will be much faster, efficient
and less error prone that older paper-based purchasing
systems

Online payment gets the money to the business much faster
and with fewer problems
Online Shopping

Answer the following questions on your own

Be prepared to discuss as a class:

Have you, your family or friends purchased anything
online?

What are the advantages to the consumer of online
shopping?

What are the dangers, pitfalls and disadvantages to buying
something online?

What can you do to avoid these problems?

What can the online business do to avoid causing
problems for their customers?