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Emerging modes of business



          By Varsha Ashok kumar
contents

               What is it



The future
                             Types of e-
                              business

                 E-
              business

                             An online
outsourcing                 transaction


                 risks
• Electronic business, commonly referred to as
  "eBusiness" or "e-business", or an internet
  business, may be defined as the application of
  information and communication technologies (ICT) in
  support of all the activities of business. Commerce
  constitutes the exchange of products and services
  between businesses, groups and individuals and can be
  seen as one of the essential activities of any business.
  Electronic commerce focuses on the use of ICT to
  enable the external activities and relationships of the
  business with individuals, groups and other businesses.
Types of business done online
Process of an online transaction
   • Registration :you have to first log in and
     create an account with an online vendor

   • Placing an order:select the product you
     wish to buy and drop it in your cart

   • Payment mechanism:we will look at the
     mode of payment in the next slide.
Payment mechanism
  Cash on delivery
  Net banking transfer
  Credit or debit cards
  Digital cash
• The supposed risks of the internet seem to drive
  people into two opposite camps.In the one
  camp, there are those who see danger
  everywhere. In the other camp, there are those
  who argue that there is absolutely no
  crime, mischief or other evil perpetrated via the
  internet, that wasn't already possible before, so
  what's the big problem?
• One camp is perceived as paranoid
  luddites, while the other camp is perceived as
  naive technophiles.
We face the following risks
i. Transaction risks
ii. Data storage and transmission
     risks
iii. Risk of threat to intellectual
     property
Outsourcing
• The term outsourcing is used inconsistently but
  usually involves the contracting out of a business
  function - commonly one previously performed
  in-house - to an external provider. In this
  sense, two organizations may enter into
  a contractual agreement involving
  an exchange of services and payments.The
  concept of outsourcing thereby helps the firms to
  perform well in their core competencies and thus
  mitigating rise of skill or expertise shortage in the
  areas where they want to outsource.
Captive
               service
Outsourcing   providers      Verticals
  service
 providers    Third party
                service
               providers
                            Horizontals
Cost reduction


Quest for excellence


Growth through alliance


Fillip to economic development


Focusing attention
Is e-business the way forward?
80% of the Fortune 500 have Web
  sites, according to the Economist. But only
  25% are selling anything. 80% of the Fortune
  500 have Web sites, according to the
  Economist. But only 25% are selling anything.
When competion keeps increasing companies
  will turn to e-business to sell their products
  and promote their brands
e-business

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e-business

  • 1. Emerging modes of business By Varsha Ashok kumar
  • 2. contents What is it The future Types of e- business E- business An online outsourcing transaction risks
  • 3. • Electronic business, commonly referred to as "eBusiness" or "e-business", or an internet business, may be defined as the application of information and communication technologies (ICT) in support of all the activities of business. Commerce constitutes the exchange of products and services between businesses, groups and individuals and can be seen as one of the essential activities of any business. Electronic commerce focuses on the use of ICT to enable the external activities and relationships of the business with individuals, groups and other businesses.
  • 4.
  • 5. Types of business done online
  • 6. Process of an online transaction • Registration :you have to first log in and create an account with an online vendor • Placing an order:select the product you wish to buy and drop it in your cart • Payment mechanism:we will look at the mode of payment in the next slide.
  • 7. Payment mechanism Cash on delivery Net banking transfer Credit or debit cards Digital cash
  • 8. • The supposed risks of the internet seem to drive people into two opposite camps.In the one camp, there are those who see danger everywhere. In the other camp, there are those who argue that there is absolutely no crime, mischief or other evil perpetrated via the internet, that wasn't already possible before, so what's the big problem? • One camp is perceived as paranoid luddites, while the other camp is perceived as naive technophiles.
  • 9. We face the following risks i. Transaction risks ii. Data storage and transmission risks iii. Risk of threat to intellectual property
  • 10. Outsourcing • The term outsourcing is used inconsistently but usually involves the contracting out of a business function - commonly one previously performed in-house - to an external provider. In this sense, two organizations may enter into a contractual agreement involving an exchange of services and payments.The concept of outsourcing thereby helps the firms to perform well in their core competencies and thus mitigating rise of skill or expertise shortage in the areas where they want to outsource.
  • 11. Captive service Outsourcing providers Verticals service providers Third party service providers Horizontals
  • 12. Cost reduction Quest for excellence Growth through alliance Fillip to economic development Focusing attention
  • 13. Is e-business the way forward? 80% of the Fortune 500 have Web sites, according to the Economist. But only 25% are selling anything. 80% of the Fortune 500 have Web sites, according to the Economist. But only 25% are selling anything. When competion keeps increasing companies will turn to e-business to sell their products and promote their brands