E-Business: The Impact and Transformation Into an E-Business

A detailed Summary of E-Business: The Impact and Transformation Into an E-Business

An E-Business strategy allows a typical business to take advantage of Internet technology to improve communications and increase productivity. An E-Business utilizes digital media such as email, data conferencing, e-commerce, and B2B to streamline business operations. These are made possible through a network infrastructure like Local Area Networks (LANs), Wireless communication, and the Internet.

Customer relationship can be improved due to fast response time and efficient business transactions. Through email, businesses can communicate with their customers instantaneously. This is important for sales, support, and marketing activities. E-commerce websites can also be utilized to sell products and perform business transactions in real-time. Customers can do their shopping online, pay electronically, and have their products delivered the next day. This reduces cost

Collaboration with business partners is also strengthened through B2B exchanges. Using this technology, companies can partner with each other buy cheaper products placed directly from suppliers. At the same time, they can integrate and synchronize their individual business operations. One company might handle product design, while others manage procurement, shipping, and marketing. This translates directly to reduced cost and improved business efficiency.

Considerable investments will also have to be made in IT consulting, hardware, and software. IT companies and consultants will be hired for the the initial setup of the system, and training for the users who will comprise the IT department. This department would then have the expertise to continue the transition and implement technology-related changes. Computer hardware such as personal computers and network cable

Some common words found in the essay are:
LANs Intranet, Internet Customer, E-Business Considerable, , Disaster Recovery, LANs Wireless, networks lans, Networks LANs, Local Networks, local networks lans, business transactions, business operations, increase company's, local networks, increase productivity, internet technology,

Approximate Word count = 592
Approximate Pages = 2 (250 words per page double spaced)

Category: Technology

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E-Business: The Impact and Transformation Into an E-Business

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