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E-commerce involves buying and selling online through electronic mediums like credit card transactions and online banking. E-business is broader and incorporates all electronic aspects of conducting business, including supply chain management and customer service. There are two main types of e-commerce: business-to-business (B2B), such as purchasing from suppliers, and business-to-consumer (B2C), when businesses sell directly to customers. While e-commerce provides benefits like global reach, comparison shopping, and time savings, there are also barriers like security concerns, delivery times, and lack of personal enjoyment from shopping online. E-business has impacted organizations by allowing new ways of connecting with suppliers, customers, and governments electronically.
E-commerce involves buying and selling online through electronic mediums like credit card transactions and online banking. E-business is broader and incorporates all electronic aspects of conducting business, including supply chain management and customer service. There are two main types of e-commerce: business-to-business (B2B), such as purchasing from suppliers, and business-to-consumer (B2C), when businesses sell directly to customers. While e-commerce provides benefits like global reach, comparison shopping, and time savings, there are also barriers like security concerns, delivery times, and lack of personal enjoyment from shopping online. E-business has impacted organizations by allowing new ways of connecting with suppliers, customers, and governments electronically.
E-commerce involves buying and selling online through electronic mediums like credit card transactions and online banking. E-business is broader and incorporates all electronic aspects of conducting business, including supply chain management and customer service. There are two main types of e-commerce: business-to-business (B2B), such as purchasing from suppliers, and business-to-consumer (B2C), when businesses sell directly to customers. While e-commerce provides benefits like global reach, comparison shopping, and time savings, there are also barriers like security concerns, delivery times, and lack of personal enjoyment from shopping online. E-business has impacted organizations by allowing new ways of connecting with suppliers, customers, and governments electronically.
Ecommerce E-commerce can be broken up into two main categories: E-commerce is buying and selling using an electronic medium. accepting credit and payments over the net, doing banking transactions using the Internet, selling commodities or information using the World Wide Web and so on. E-Business It involves business processes spanning the entire value chain: electronic purchasing and supply chain management, processing orders electronically, handling customer service, and cooperating with business partners. Difference between buy-side and sell side e-commerce
This diagram shows the buy-side and sell-side e-commerce Buy side e-commerce are e-commerce transactions between a purchasing organisation and it suppliers, possibly through intermediaries. Sell side e-commerce is e-commerce transactions between a supplier organisation and its customers, possibly through intermediaries. Buy side is where the organisation purchases from suppliers, sell side is when that organisation sells it on to its customers. To connect buy side and sell side we need intranet Connection between buy side and sell side Overlapping Equivalent to electronic business Subset of electronic business Drivers and barriers to adoption http://is2.lse.ac.uk/asp/aspecis/20030002.pdf Barriers Security risk Lack of enjoyment in shopping Delivery time Lack of trust in virtual sellers. Benefits Global choice Time savings Access to extensive information. Possibilities for comparison shopping. Cost effective
Various types of business e-commerce B2B- e-commerce is simply defined as e-commerce between companies. B2C- Business-to-consumer e-commerce, or commerce between companies and consumers B2G- Business-to-government e-commerce or B2G is generally defined as commerce between companies and the public sector. C2C- Consumer-to-consumer e-commerce or C2C is simply commerce between private individuals or consumers G2B- (Government-to-Business transactions between government bodies and business via the Internet. G2C- (Government-to-Citizen). G2Cinteractions can allow citizens to be more informed about government laws, regulations, policies, and services. For the citizen, e-government can offer a huge range of information and services, including government forms and services, public policy information, employment and business Impact of e-commerce assignment Q1 a) Distinguish between e-commerce & e- Business what are the challenges introduce by e-commerce &e-business
b) what are the unique features of e-commerce in an organisation? Briefly explain the various types of e-commerce business example also discuss the impact of e-commerce and e-business in an organisation with examples. Globalisation Companies engaged in the global market enjoy the potential for increase revenues but also face greater challnges in certain areas of the business Ensuring respect for the various culture involved is essential to success in the global area Our connection to global community is continual and instantaneous
Challenges of global e-commerce In the business world globalisation specially refers to the process of adapting a business website to meet the needs of users in various countries. As you think about expanding your business into a new country youll also want to consider culture To prepare a website that does business global be aware of the following issues Content Design Navigation