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electronic Bussiness
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TYPES OF E-BUSINESS
Improved speed of response.
Cost savings.
Improved customer service.
Improved efficiency and
productivity.
Reductions in inventory.
World wide presence.
Better transfer of best
practices.
acquisition of new customers
and increased sales.
Improve employee motivation through
more flexible working methods.
Security continues to be a
problem for online businesses.
System And Data Integrity.
Lack of growth in some
sectors on account of product.
Returning goods at e-business is one of
major problem
Less privacy
Difficulty to trust people in purchasing
products over the Internet is still not as
safe as purchasing products in stores
E -business and e-commerce are terms that are sometimes used
interchangeably, and sometimes they're used to differentiate one
vendor's product from another.
In both cases, the e stands for "electronic networks" and describes
the application of electronic network technology - including Internet
E-commerce covers outward-facing processes that touch customers,
suppliers and external partners, including sales, marketing, order
taking, delivery, customer service, purchasing of raw materials and
supplies 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-business
strategy is more complex, more focused on internal processes, and
aimed at cost savings and improvements in efficiency, productivity
and cost savings.