e-Business
Explosive advancements in knowledge have rendered 'knowledge & Content - sharing' imperative in any industry in the Age of Information. This is particularly true in the IT Industry where knowledge, Content and Information has become a critical resource. Strategic alliances and team endeavors involving knowledge-partners from multiple cognate areas, therefore, constitute the key to business success today.
Electronic Business, commonly referred to as "eBusiness" or "e-Business", may be defined as the utilization of information and communication technologies in support of all the activities of business. Commerce constitutes the exchange of products and services between businesses, groups and individuals and hence can be seen as one of the essential activities of any business. Hence, electronic commerce or eCommerce focuses on the use of ICT to enable the external activities and relationships of the business with individuals, groups and other businesses
Electronic business methods enable companies to link their internal and external data processing systems more efficiently and flexibly, to work more closely with suppliers and partners, and to better satisfy the needs and expectations of their customers.
In practice, e-business is more than just e-commerce. While e-business refers to more strategic focus with an emphasis on the functions that occur using electronic capabilities, e-commerce is a subset of an overall e-business strategy. E-commerce seeks to add revenue streams using the World Wide Web or the Internet to build and enhance relationships with clients and partners and to improve efficiency using the Empty Vessel strategy. Often, e-commerce involves the application of knowledge management systems.
What is e-business Opportunity?
Business opportunity is a multiple sales of distributorships or businesses that do not meet the requirements of a franchise under the Federal Trade Commission (FTC) rule passed in 1979. FTC act defines business offers as franchises (product & Package) and business opportunity ventures.
What prominent people say about e-business
By BBC News Online's Iain Rodger
Get online or go out of business. That appears to be the received wisdom about the future of e-business
See the internet as an opportunity or it will be a threat
E-business will be mega for the next five years -PricewaterhouseCoopers'Being a pioneering entrepreneur is the hard way to profit from e-business - Bain's Nick Greenspan
IBM Globalization topics
IBM Globalization topics Highlights
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