What Is E-BUSINESS

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we today provide information about is Electronic Business (e-business) is transforming traditional business operations to digitally integrated organizations. The economies of scale facilitated by this transformation allow operations to run more effectively than ever before. In other words, e-business allows organizations to increase revenues and decrease costs via the use of electronic information and expanded market.

What Is E-BUSINESS And How To Start It
What Is E-BUSINESS And How To Start It

E-Business” (“electronic business,” derived from such terms as e-mail and “e-commerce” is the conduct of business on the Internet, not only buying and selling but also servicing customers and collaborating with business partners. One of the first to use the term was IBM. when on October 1997 it launched a thematic campaign built around the term.

Today, major corporations are rethinking their businesses in terms of the Internet and its new culture and capabilities. Companies are using the Web to buy parts and supplies from other companies to collaborate on sales promotions, and worldwide reach of the Internet, many companies, such as Amazon.com the booksellers. have already discovered how to use the Internet successfully.

E-business automates both the demand chain and supply chain over the Internet.

E-business deals in the following three markets

1. Business-to-Consumer: Where a company sells and/or supports a product or service to a customer.

2. Business-to-Business: Where companies sell and/or support a product or service in the supply chain.

3. Intra-business: Allows your internal company to share ideas and information electronically.

Also Read: What is an Email? How to use it

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