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