-business is a term used satisfaction of the customers.
for the process of doing Online business can be conducted
business electronically, over the public internet and
i.e. through the Internet. Many internal intranets. You can also
people mistake it with e-commerce go ahead with e-commerce over
though e-business has wider scope private extranets.
than e-commerce. The latter
describes only B2B transactions. E-business mainly involves the
In an e-business, partnership processes of distributing,
implies coupling and building buying, selling, marketing and
virtual enterprise. The term servicing of the products and
e-business a new concept that has services over Internet or over
emerged only after business other electronic systems.
through Internet came in Internet business is aimed at
practice. E-business has changed commercial transactions like;
the trade scenario with lots of electronic fund transfer, online
additional facilities and by marketing, supply chain
decreasing the communication gap. management and automated
It is a process that is data-collection.
completely information based and
powered with web-based E-business is more than
technologies. e-commerce as it covers all the
business processes within the
Through e-business, working with whole value chain. This value
partners and clients has become chain involves electronic
very efficient. This method purchasing, supply chain
enables the companies to link management, processing orders
their sales and purchase (of electronically, customer service
products and services) with more and co-operation with business
flexibility towards greater partners. Exchange of data and
other relevant information is business grow. It is an excellent
amongst the major functions of medium to earn extra cash, but
e-business. remember that it needs your
regular attention. You can deal
Internet business offers a great in any product or services that
opportunity of personal income suit your interest or generate
through your own business. The more profit.
set-up cost is very low as
compared to the other businesses. The whole process of electronic
You just need to have a well business is divided into three
connected (with internet and categories.
other equipments) computer at
home. To begin business, you have 1. Internal business system: It
to buy a ‘domain name’ and web includes costumer relationship
hosting service. You can act as a management, enterprise knowledge,
re-seller through internet workflow, document and human
business. You have to connect resource management.
with the customers and take their
demands. Then you have to go 2. Enterprise communication and
through the dealers and order on collaboration: This category
the customers behalf. You will includes the areas like content
earn commission from both sides management system, e-mail, voice
on every sale. mail, discussion forums, and chat
system and data conferencing.
E-business is not a kind of
business that has the potential 3. Electronic commerce: This is
make you rich overnight. You have the last of the categories that
to show discipline and put hard include electronic funds
work in order to establish transfer, online marketing,
yourself and let your online e-marketing, music downloads and
online transaction processing.
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