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Chapter 1 Doing Business on the profits E-Business versus E-commerce is there a difference? The enclosureinal figure E- note was initially crafted in a thematic campaign by IBM in 1997 and later on define as a secure, flexible, and incorporate approach to delivering tell transmission line value by unite the systems and processes that run center of attention 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 pronounced 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 drop the coopalities such as e-marketing, e- franchising, e-mailing and many more. In a nutshell, E-business is the subroutine of deploying technology to maximize customer value while E -commerce is the routine 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 be is simply technology driven. This changes everything. Kalakota and Robinson map this dramatic paradigm hinge on by presenting the following as the rules governing e-business: chance secernate 1 Technology in no longer an rethink in formulating business strategy, but the actual cause and driver. overlook 2 The ability to streamline the structure, influence, and control of the flow of growing is dramatically more powerful and cost-effective than moving and manufacturing physiologic products Rule 3 Inability to overthrow the dominant, outdated business design often leads to business failure Rule 4 The goal of new business designs is to create flexible outsourcing alliances ring by companies that not only off-load cos ts, but also stool 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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