e-business types
TRANSCRIPT
-
8/9/2019 E-business Types
1/18
E-business and How it
Levels the Playing Field
Rodolfo Noel S. Quimbo
-
8/9/2019 E-business Types
2/18
What is e-Business?
Electronic Business or e-Business, alsoknown as electronic commerce and e-commerce, refers to the use of computers
and electronic communications networksto do business.
It refers to every type of businesstransaction or interaction in which theparticipants prepare or conduct businesselectronically. This covers a wide range ofactivities, ranging from the use ofelectronic mail (email) and ElectronicFunds Transfer at Point of Sale (EFTPOS),through Internet based sales andtransactions and web-based marketing. e-
Business is a business issue rather than atechnology issue.
-
8/9/2019 E-business Types
3/18
What are the 2 main types
of e-commerce?
There are 2 types of e-
commerce applications:
(1) Business-to-business (B2B);
and
(2) business-to-consumer (B2C).
-
8/9/2019 E-business Types
4/18
B2Bapplications:
Supply Management. Electronic
applications in this area aid in
expediting business partnerships
through the reduction of purchaseorder (PO) processing costs and
cycle times, and by maximizing the
number of Pos processed with fewer
people.
-
8/9/2019 E-business Types
5/18
B2Bapplications:
Inventory Management. Electronicapplications make the order-ship-billcycle shorter. For instance, if most of a
businesss partners are linkedelectronically, any information sent bymail can be transmitted instantly.Businesses can easily keep track oftheir documents to makesurethat they
werereceived. Such asystemimprovesauditingcapabilities, andhelps reduceinventory turns, andeliminateout-of-stock occurrences.
-
8/9/2019 E-business Types
6/18
B2Bapplications:
DistributionManagement.
Electronic-basedapplications
makethe transmissionofshippingdocuments alot easierandfaster.
E-commercealsoenables more
efficient resourcemanagement by
certifyingthat documents containmoreaccuratedata.
-
8/9/2019 E-business Types
7/18
B2Bapplications:
ChannelManagement. E-
commerceallows for speedier
disseminationofinformationregardingchanges inoperational
conditions oftradingpartners.
Technical, product, andpricing
informationcanbepostedwithmuch easeonelectronicbulletin
boards.
-
8/9/2019 E-business Types
8/18
B2Bapplications:
Payment Management. An
electronic payment systemallows
foramoreefficient paymentmanagement systemby minimizing
clericalerrors, increasingthe
speedofcomputinginvoices, and
reducingtransactionfees andcosts.
-
8/9/2019 E-business Types
9/18
Business to Consumer
B2Capplications involve customersgathering information, purchasing,andreceivingproducts overanelectronic network. It may be used inthe followingtransactions:
Purchasingproducts and information.Electronicapplications make it possiblefor consumers to look up online
information about existingandnewproducts/services.
Personalfinance management. In thisfield, electronicapplications (e.g.Quicken)aidthe consumers in managing
investments andpersonalfinancesthroughthe use ofonline bankingtools.
-
8/9/2019 E-business Types
10/18
E-business Benefits Costs:
Lower transaction expenses. Labor costsassociatedwithadministration can beslashed.
Reducedsupply costs. More Internet basedinformation affords firms awider choice ofsuppliers andby extension, more competitiveprices.
Publication anddistribution fees fall.
Publishingabrochure online enables avastnumberof people toaccess it, while alsoallowingthe company toupdate andthen addtothe contents.
The role of the Middleman becomes lessimportant as companies can selldirect to the
customer.
-
8/9/2019 E-business Types
11/18
E-business Benefits
Marketing:
It helps buildbrandawareness offering
newavenues of promotion. Customerloyalty deepens because web
basedpurchasingaffords customers theopportunity tocommunicate withthe
company.
Conversely, aweb site alsoallows the
firmtooffer better service to
consumers.
-
8/9/2019 E-business Types
12/18
E-business Benefits
Competitiveness:
E-business offers a reliable, cost
effective andavoluntary means ofdoingbusiness. Routine tasks are automatedandcustomers, if they wish, can avail
themselves ofa24-hour sales service.
More players willenter the market as
technology enables firms topenetrateoverseas.
Companies needtobe aware ofmarket
changes.
-
8/9/2019 E-business Types
13/18
What are the different
aspects of E-business
infrastructure? The information infrastructure
composed ofmany types of transport systems. It is asynthesis of various forms of high-speed transportsystems land-based telephones, wireless, modem-basedPC, or satellite based. For example, an emailsent froma
desktop in Laos PDR to a laptop in Singapore may travelthrough severaltypes of transport networks which areinterconnected before it reaches its destination. Thisinfrastructure is the transportation foundation thatprovides the means forcontent transmission.
The players in this industry are called the informationtransport providers. These include:
Telecommunications companies, which supply the phonelines;
Cable TV systems, which set-up coaxialcables anddirect broadcast satellite networks;
Wireless companies, which provide the mobile radio andsatellite networks;
Computernetworks, which include both private networks
(e.g. AOL) and public networks (e.g. Internet)
-
8/9/2019 E-business Types
14/18
The E-business
Infrastructure The secondaspect of the e-business
infrastructure is multimedia content
andnetwork publishing. At present,the most common architecture fornetwork is the WorldWide Web(WWW). The Web allows companiestocreate product information
(content) andprovides themwith themeans topublish it in a distributioncenter(i.e. a network server)
-
8/9/2019 E-business Types
15/18
The E-business
Infrastructure The thirdaspect of the infrastructure is messagingand
information distribution. Howexactly is this done? Tobegin with, we knowthat information contenttransportedoverthe network is made upof text,
numbers, pictures, audioandvideo. Allcontent is digital that is, in combinations ofones andzeroes. Themoment content is createdandstoredon a server, it iscarriedacross the network through vehicles, ormessagingand information distribution methods. Thismessagingvehicle is calledthe middleware software,which is positionedbetween the web servers and the
end-userapplications. Messagingand informationdistribution systems alsohave translators whichinterpret and transformdata formats.
-
8/9/2019 E-business Types
16/18
The E-business
Infrastructure Common business services infrastructuremakes up the fourth aspect of e-commerceinfrastructure. This includes methods
which facilitate online buyingandsellingprocesses. The purchasertransmits anelectronic payment (say, a formofelectronic checkordigitalcash) togetherwith some remittance information tothe
seller. There is settlement fromthemoment the selleraccepts andvalidatesthe payment andremittance information.
-
8/9/2019 E-business Types
17/18
In summary
E-business provides the opportunity
even forsmall businesses to be able
to compete. The e-business potential must be
harnessed correctly in orderto bring
business success. But to do this, we
must learn and familiarize ourselveswith the nuances of this mannerof
doing business.
-
8/9/2019 E-business Types
18/18
Thank You