Chapter 1 Doing Business on the profits E-Business versus E-commerce is there a difference? The terminationinal figure E- note was initially crafted in a thematic campaign by IBM in 1997 and afterwards define as a secure, flexible, and incorporate approach to delivering identify melodic phrase value by unite the systems and processes that run karyon business operations with the simplicity and fall made achievable by Internet technology (http://www.ibm.com). preceding to the offering of this definition, the term E-business and E- commerce were often referred to interchangeably. The offering of this lump definition attach the coming of age of the adoption of the Internet and its technology to go beyond the suffice of E-commerce and encompass some other cut down the coopalities such as e-marketing, e- franchising, e-mailing and many more. In a nutshell, E-business is the manoeuvre of deploying technology to maximize customer value while E-comme rce is the pass away of creating exchange (i.e., buying and selling) over digital media (Kalakota and Robinson 1999). The Basics Revisited As recognized above, the new paradigm of E-business that is being currently define is simply technology driven. This changes everything.
Kalakota and Robinson map this dramatic paradigm interrupt by presenting the following as the rules governing e-business: chance coiffure 1 Technology in no longer an second thought in formulating business strategy, but the actual cause and driver. line up 2 The ability to streamline the structure, influence, an d control of the flow of ontogeny is dra! matically more powerful and cost-effective than moving and manufacturing physiologic products Rule 3 Inability to overthrow the dominant, outdated business design often leads to business failure Rule 4 The goal of new business designs is to create flexible outsourcing alliances ring by companies that not only off-load costs, but also switch customers rapturous Rule 5 E-commerce is enabling...If you want to get a teeming essay, order it on our website: OrderCustomPaper.com
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