Page 97 - E1 Integrated Workbook STUDENT 2018
P. 97

Emerging IS trends and their role in supporting organisational
                                                                          strategy and operations





                           E-business





                               E-business is the transformation of key business processes
                               through the use of internet technologies. E-commerce, a sub-set of
                               e-business is trading on the internet.


               Categories of e-business:

                     Business to business (B2B)

                     Business to consumer (B2C)


                     Consumer to business (C2B)

                     Consumer to consumer (C2C)




                         Benefits of e-business                        Barriers to e-business

                     Cost reduction                                Technophobia

                     Increased revenue                             Security concerns

                     Better information for control                Set-up costs

                     Enhanced customer service                     Running costs


                     Improved marketing                            Limited e-business opportunities

                     Market penetration                            Limited IT resources in-house

               The above could result in competitive                Customers may not want it
               advantage.


                               Digital goods are goods that are stored, delivered and used in an
                               electronic format, for example e-books and music downloads.  A
                               digital market is a segment of the organisation’s overall business
                               that is found online.







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