E-businesses is the use of telecommunication networks, especially the Internet, to conduct business transactions.
It can be divided into three categories:
· Business to Employee: Internet-based applications Internet to a firm.
· Business to Consumer: Internet-based applications for a firm’s consumers.
· Business to Business: Extranet-based applications for a firms business partners.
In banking and financial services, electronic funds transfer systems have been in use for decades. In manufacturing, electronic data inter-change systems (EOL) were developed in the 1960s and are now almost universally used.
Business to business e-business represents the next stage in the evolution of inter-organisational system.
It is not clear what the future holds for e-business, but it is clear that e-business has made a permanent change in the nature of business.
No comments:
Post a Comment