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E-BUSINESS ই-বিজনেস ইনেকট্রবেক্স বিভাইস িযিহার কনর সংঘটিত বিজনেসনক ইবিজনেস িো যেনত পানর। E-Business concepts E-business defined from the following perspectives: Communications: delivery of goods, services, information, or payments over computer networks or any other electronic means Commercial (trading): provides capability of buying and selling products, services, and information on the Internet and via other online services E-Business concepts (cont.) Business process: doing business electronically by completing business processes over electronic networks, thereby substituting information for physical business processes Service: a tool that addresses the desire of governments, firms, consumers, and management to cut service costs while improving the quality of customer service and increasing the speed of service delivery E-Business concepts (cont.) Learning: an enabler of online training and education in schools, universities, and other organizations, including businesses Collaborative: the framework for inter- and intra-organizational collaboration Community: provides a gathering place for community members to learn, transact, and collaborate E-business vs. E-commerce Electronic commerce describes the buying and selling of products, services, and information via computer networks including the Internet, where eBusiness describes the broadest definition of EC. It includes buying and selling of products and services, servicing customers, collaborating with business partners, and conducting other intrabusiness tasks. E-business and e-commerce Three alternative definitions of the relationship between e-business and e-commerce E-Business – Transaction Medium Most e-commerce is done over the Internet. But EC can also be conducted on private networks, such as value-added networks (VANs, networks that add communication services to existing common carriers), on local area networks (LANs) or wide area networks (WANs) Types of e-business Business-to-business (B2B) Business that sells products or provides services to other businesses Business-to-consumer (B2C) Business that sells products or provides services to end-user consumers Consumer-to-consumer (C2C) Consumers sell directly to other consumers Types of e-business (cont.) Business-to-government (B2G) Government buys or provides goods, services or information to/from businesses or individual citizens Business-to-employee (B2E) Information and services made available to employees online Mobile commerce (m-commerce) E-commerce transactions and activities conducted in a wireless environment Collaborative commerce (c-commerce) Individuals or groups communicate or collaborate online Traditional Purchasing Process Flow How is e-business different? Reduction in physical boundaries and distance; Serve larger customer base more efficiently; Target specific customer groups; The Internet is an interactive marketing medium; More detailed information on customer transactions; and Improved transaction efficiency. Kim et al., 2004 Communications Types C5 C1 M O Content M Content C4 C4 Internet Medium Content M M O C3 M M Content O C2 O Many-to-many communications via the Internet medium O - Organisation M - Communicating Message C - Customers What hasn’t changed ‘The myth of lower cost and price’; Firms must have viable business models; Implications for physical activities in the value chain; Internet firms do not always offer lower prices; Security and privacy concerns; and The Internet only changes the customer interface (Porter, 2001). Kim et al., 2004 Why should organisations use the Internet? Large companies in particular already computers, networks and bandwidth; Potential cost savings; Network economic effects; Many business transactions already conducted at a distance; Opportunities for close alliances. Evolution of e-business (cont.) The Future By 2008: Number of Internet users worldwide should reach 750 million 50 percent of Internet users will shop E-business growth will come more from: B2C, B2B, e-government, e-learning, B2E, ccommerce Major Players