2. E Business refers to a broader definition of EC(e-
commerce) descibes the process of buying, selling,
transferring, or exchanging products, services,
and/or information via computer networks , including
the internet .
It refers to a broader definition of EC, not
just the buying and selling of goods and
services, but also servicing customers,
collaborating with business partners,
conducting electronic transactions
within an organisation .e-Business
allows companies to link their internal
and external processes more efficiently
And effectively, and work more closely
with suppliers and partners to bettr
satisfy the needs and expectations of
their customers , leading to improvements in overall
business performance.
3. Reduces cost of production by reducing
overheads.
Offers opportunity to increase sales.
Offers opportunity to access new markets
across the globe.
Provides chance to target market segments
more effectively.
Provides more accurate information and
improve customer service experience.
THEBENEFITSOFE-BUSINESSFORAN ORGANISATIONARE;
Improves speed of response.
Cost savings.
Improved efficiency and productivity.
Improved customer service.
THEBENEFITSOFE-BUSINESSFORTHECONSUMERSARE
4.
5. i. Brick-and-mortar Organizations: Pure
physical organizations (corporations) are
referred to as brick-and-mortar(or old-
economy) organizations.
i. Virtual Organizations: The companies
that are engaged only in E-business are
considered virtual (or pure-play)
organizations.
i. Click-and-mortar Organizations: Also
called click-and-brick organizations. These
are those organizations that conduct some
e-commerce activities, yet their primary
business is done in the physical world.
Gradually many companies are changing to
click-and-mortar ones.
6.
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21.
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25. Various studies have revealed that e-business have
successfully worked towards factors like;
The reduction in transaction and other
cost
Improved custom service
Increased productivity
Access to international markets
26. Increase in internet users
Middle class attracted towards low cost
flight
Change in online shopping habits
Increase in online payments
Increase in non-metro shoppers
Poor telecom and infrastructure for
reliable connectivity
Multiple issues of trust
Multiple gaps in the current legal and
regulatory framework
27. Through different
e-business portals,
almost everything is
possible using
internet. For
example, we can
reserve our seats in
railways through
IRCTCportals,
airline reservations
through yatra.com.
Moneytransfer is
also possible
through different e-
banking sites
etc…The above given
examples prove that
E-business has
improvedall our
lives….