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Transcript of electronic bussiness
- 1. TYPES OF E-BUSINESS
2. Improved speed of response. Security continues to be a Cost savings.problem for online businesses.Improved customer service.System And Data Integrity. Improved efficiency and Lack of growth in some productivity.sectors on account of product. Returning goods at e-business is one ofReductions in inventory. major problemWorld wide presence. Less privacyBetter transfer of bestDifficulty to trust people in purchasingpractices.products over the Internet is still not asacquisition of new customers safe as purchasing products in storesand increased sales.Improve employee motivation throughmore flexible working methods. 3. E -business and e-commerce are terms that are sometimes usedinterchangeably, and sometimes theyre used to differentiate onevendors product from another.In both cases, the e stands for "electronic networks" and describesthe application of electronic network technology - including InternetE-commerce covers outward-facing processes that touch customers,suppliers and external partners, including sales, marketing, ordertaking, delivery, customer service, purchasing of raw materials andsupplies for production and procurement of indirect operating-expense items, such as office supplies. E-business includes e-commerce but also covers internal processes such as production,inventory management, product development, risk management,finance, knowledge management and human resources. E-businessstrategy is more complex, more focused on internal processes, andaimed at cost savings and improvements in efficiency, productivityand cost savings.