E-Business

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What is E-Business? Meaning.

E-Business stands for electronic business and is a broad term for conducting business transaction processes using electronic means such as the Internet, other computer networks, or wireless (mobile)  transmissions.

It it involves two main categories, being buying (E-Procurement) and selling (E-Commerce). However it includes also servicing customers (E-Service) and collaborating with business partners (E-Supply Chain Management). Electronic business methods enable companies to link their internal and external processes more efficiently and flexibly, work more closely with suppliers and partners to better satisfy the needs and expectations of their customers.

Two further forms can be distinguished, being business to consumer (B2C) and business to business (B2B).

Note that the term is used for both:

• a transaction of business over an electronic medium such as the Internet, and for

• an organization (for example, commercial, industrial, nonprofit, educational, or governmental) that transacts its business primarily over an electronic medium such as the Internet. Compare also: Start-up Company.

Although it is a broad term, it does not include all processes that can be supported by electronic means, there has to be a business transaction component in it. For example it does not include:

• E-Mail.

• E-HRM (using an internet-enabled employee database).

• E-Billing.

• E-Knowledge Management.

• E-CRM.

• Other internal internet-enables systems.

Forum Forum about E-Business. Below you can ask a question about this topic, share your experiences, report a new development, or explain something. Start a new topic about E-Business Share your knowledge here (or ask a question)   🔥 NEW Stages of Electronic Connections Between Businesses In the connected economy, parties in the business chain are electronically integrated. Business models are influenced by the use of internet technology. We can distinguish several 5 phases before a co... 6   1 comments

Expert Tips Advanced insights about E-Business. Here you will find professional advices by experts. Key Challenges of Internet Age for Management and for Product and Service Development R&D, Product Development, Service Development, Strategy, Marketing, Innovation, Visioning The Internet age represents a huge challenge for most businesses. Why? Because the Internet, wireless devices such as m... 5 Strategic Best Practices for Mixed Physical-Digital Businesses Bricks and Clicks Strategy, Clicks and Mortar Strategy, Mixed Digital-Physical, Digical Mashup Many (retail) firms run their digital and physical business independently. However, combining these two channels or oper...

Information Sources Various sources of information regarding E-Business. Here you will find powerpoints, videos, news, etc. to use in your own lectures and workshops. E-business Introduction E-business This presentation gives an introduction into E-busines and includes the following slides: 1. Introduction 2. Definitio...

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Compare with: E-Commerce  |  E-Procurement  |  Twelve Principles of the Network Economy  |  Multi Channel Marketing  |  Virtual Business  |  Cannibalization  |  Disintermediation  |  Bricks and Clicks  |  4S Web Marketing Mix  |  Affiliate Marketing  |  Porter Competitive Forces  |  Porter Competitive Advantage  |  Resource-Based View  |  Just-in-time  |  TDC Matrix

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This ends our E-Business summary and forum.