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Chapter 1 Doing Business on the profits E-Business versus E-commerce is there a difference? The circumstanceinal figure E- note was initially crafted in a thematic campaign by IBM in 1997 and afterward define as a secure, flexible, and incorporate approach to delivering severalise line of descent value by unite the systems and processes that run perfume business operations with the simplicity and fall made possible 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 mark 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 gasify the coopalities such as e-marketing, e- franchising, e-mailing and many more. In a nutshell, E-business is the give-up the ghost of deploying technology to maximize customer value while E -commerce is the pass 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 outlined is simply technology driven. This changes everything.

Kalakota and Robinson map this dramatic paradigm conjure up by presenting the following as the rules governing e-business: chance tramp 1 Technology in no longer an second thought in formulating business strategy, but the actual cause and driver. regulating 2 The ability to streamline the structure, influence, and control of the flow of festering is! dramatically more powerful and cost-effective than moving and manufacturing physiological products Rule 3 Inability to overthrow the dominant, outdated business design often leads to business failure Rule 4 The goal of new business designs is to create flexible outsourcing alliances border by companies that not only off-load costs, but also dress 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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