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B-9 Business e-Business Lesson e-busi·ness (e' biz' nis) …the transformation of key business processes through the use of Internet technologies. Every aspect of our lives is being changed by the Web. Yet no area is going through a significant and speedy change like the business world is today. Businesses start to achieve real business value as they incorporate Internet technology into their core processes. Today, companies small and large are using the Web to communicate with their partners, to connect with their data-systems, and to business e Busi·ness (e' biz'back-end nis) is the transformation of key Transact through commerce. This is e-business, where the processes the use of Internet technologies. Every aspect our lives of is being changed by the Web. Yet no area is strength and the of reliability traditional information technology going meet through the Web.a significant and speedy change like the business world today. Businesses start to achieve real business value as they incorporate Internet technology into their core processes. Today, companies small and Whyare youusing need the E-Business? large Web to communicate with their partners, to connect with their back end data systems, and to transact commerce. This is eBy business, the strength and the reliability of traditional utilizingwhere e-business based e-commerce solutions, companiesinformation can: technology meet the Web. Why you need e Business? By utilizing e business based e commerce Improve margins by using a lower-cost online channel solutions, companies can: 1) improve margins by using a lower cost online Reduce paper-based processes: postage, printing, and and handling channel; 2) reduce paper based processes: postage, printing, handling costs, through the use of electronic transfers, just-in-time payments, costs, through the use of electronic transfers, just in time payments; 3) float, moreresponsive responsive reducereduce float and 4) furnish furnish customers customers faster faster and and aamore service.service. e Commerce has garnered more attention than any aspect of e business. The Web has has hadgarnered a remarkable on than a wide number E-commerce moreimpact attention any aspect of of industries remarkable to offerimpact goods on anda services so e-business.with TheitsWeb has had aability remarkable wide number of conveniently. industries with its remarkable ability to offer goods and services so conveniently. B-9 e-Business Let’s Talk: LET'S TALK 1) What are the advantages and disadvantages of e-business? are the isadvantages and disadvantages of e-business? 2)1.AsWhat a consumer, online a reliable source of goods? As a you consumer, a reliable source ofnot? goods? 3)2.Would ventureisinonline e-business? Why? Why 4)3.DoWould you think profitableWhy? in (Japan/ Justify your youe-business venture inise-business? WhyTaiwan)? not? answer. 4. Do you think e-business is profitable in Japan? Justify your 5) Doanswer. you think quality products and services are guaranteed in e-business? 5. Do you think quality products and services are guaranteed in e6) As a country known for the advancement in technology, do you think business? e-business can be fraud? As adoes country known for the advancement in technology, doby you 7)6.How the government interfere in the problems caused think e-business fraud? e-business? Is there a can law be promulgated for this? 7. How does the government interfere in the problems caused by ebusiness? Is there a law promulgated for this?