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... Successful companies have implemented focused e-business strategies to build cutting-edge enterprises that serve and retain customers, manage suppliers, and integrate selling chains better than ever before. ...
e-Commerce is changing the shape of competition, the dynamics of the customer relationship, the speed of fulfillment, and the nature of leadership. ...
Managers of established companies are struggling to comprehend this new phenomenon: e-commerce. But already, the next wave—e-business—is reaching shore. Intensified competition and new e-commerce opportunities are pressing traditional companies to build e-business models that are flexible, fast moving, and customer focused. In other words, the core of the enterprise itself is undergoing a metamorphosis from e-commerce to e-business.
e-Business is the complex fusion of business processes, enterprise applications, and organizational structure necessary to create a high-performance business model. The message is simple: Without a transition to an e-business foundation, e-commerce cannot be executed effectively. Considering the inevitability of moving toward an e-business foundation, senior management is being galvanized into tactical action. ...
The Definition of E-Commerce
So what does e-commerce mean anyway? E-commerce is the pre-eminent buzzword of the online business revolution. ...
Electronic commerce is the paperless exchange of business information using electronic data interchange (EDI), e-mail, electronic bulletin boards, fax transmissions, and electronic funds transfer. ...
The concept of e-commerce is all about using the Internet to do business better and faster. ... That is the power of e-commerce. ... Send an e-mail with an attached photograph. ...
There are some literal elements of commerce that are necessary for any transactions to take place, which are as true for regular bricks-and-mortar commerce as they are for e-commerce. ... In the traditional world of commerce this can be a physical store or, in a more figurative sense, a catalog or phone number. In the world of e-commerce the place from which you do business is your Web site.
Most businesses already exist in the bricks-and-mortar world of commerce.
Approximate Word count = 1688
Approximate Pages = 6.8
(250 words per page double spaced)
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