sunandaC

New member
E-business introduction


In the emerging global economy, e-business have increasingly become a necessary component of business strategy and a strong catalyst for economic development.

The integration of information and communications technology (ICT) in business has revolutionized relationships within organizations and those between and among organizations and individuals.

Specifically, the use of ICT in business has enhanced productivity, encouraged greater customer participation, and enabled mass customization, besides reducing costs.

With developments in the Internet and Web-based technologies, distinctions between traditional markets and the global electronic marketplace such as business capital size, among others-are gradually being narrowed down.

The name of the game is strategic positioning, the ability of a company to determine emerging opportunities and utilize the necessary human capital skills (such as intellectual re- sources) to make the most of these opportunities through an e-business strategy that is simple, workable and practicable within the context of global information and new economic environment.

With its effect of leveling the playing field, e-commerce coupled with the appropriate strategy and policy approach enables
Small and medium scale enterprises to compete with large and capital-rich businesses.

On another plane, developing countries are given increased access to the global Marketplace, where they compete with and complement the more developed economies.

Most, if not all, developing countries are already participating in e-commerce, either as sellers or buyers. However, to facilitate e-commerce growth in these countries, the relatively underdeveloped information infrastructure must be improved.
 

Tomhussey

New member
According to me the E business is the business which is helpful for the peoples who want to do the business with the foreign company's. E-business means business through the Internet. E business is very useful in the modern time business world.
 
E business is the electronic business which is conducted through the computers and internet. We can buy and sell products through the computers, laptop and mobile using internet. E business provided us the facility to shop anything from anywhere and it also has got the various product options as per our choices
 
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