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Chapter 1 Doing Business on the profits E-Business versus E-commerce is there a difference? The margininal figure E- note was initially crafted in a thematic campaign by IBM in 1997 and after define as a secure, flexible, and incorporate approach to delivering identify assembly line value by unite the systems and processes that run center business operations with the simplicity and fall made realistic by Internet technology (http://www.ibm.com). preceding to the offering of this definition, the term E-business and E- commerce were often referred to interchangeably. The offering of this lump definition label the coming of age of the adoption of the Internet and its technology to go beyond the suffice of E-commerce and encompass some other fly front the coopalities such as e-marketing, e- franchising, e-mailing and many more. In a nutshell, E-business is the utilisation of deploying technology to maximize customer value while E-commerce is the solve of creating exchange (i.e., buying and selling) over digital media (Kalakota and Robinson 1999). The Basics Revisited As recognized above, the new paradigm of E-business that is being currently delimit is simply technology driven. This changes everything.

Kalakota and Robinson map this dramatic paradigm weigh by presenting the following as the rules governing e-business: chance fix up 1 Technology in no longer an second thought in formulating business strategy, but the actual cause and driver. encounter 2 The ability to streamline the structure, influence, and control of the f low of reading is dramatically more powe! rful and cost-effective than moving and manufacturing physiologic products Rule 3 Inability to overthrow the dominant, outdated business design often leads to business failure Rule 4 The goal of new business designs is to create flexible outsourcing alliances encircled by companies that not only off-load costs, but also light up customers rapturous Rule 5 E-commerce is enabling...If you want to get a teeming essay, order it on our website: OrderCustomPaper.com

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