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E-Business \u0026 Its Future (Examples) | MA Business
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This video tries to explain the basics of \”eBusiness\”, the confusion made by most people between \”ebusiness\” and \”ecommerce\” and how this type of business is growing over the years with examples from the world’s largest online operating corporates.
Electronic business or simply ebusiness is set of processes conducted with help of the internet. These processes include buying and selling products and services, serving customers, processing payments, managing production control, collaborating with other business partners, sharing information, running automated employee services, recruiting and more. (TechTarget, M. Rouse). Companies like Amazon.com or eBay.com are good examples of electronic businesses.
Another example off the video:
Travel sites like Expedia, Travelocity and TripAdvisor that enable consumers to research, plan and book all or pieces of their trips based on personalized criteria, such as price, consumer ratings, locations and more.
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Credits:
Margaret, R. ebusiness (electronic business). Retrieved on (May 19, 2020) from https://searchcio.techtarget.com/definition/ebusiness
Toppr,. eBusiness. Retrieved on (May 19, 2020) from https://www.toppr.com/guides/businessstudies/emergingmodesofbusiness/ebusiness/
https://www.ibm.com/ibm/history/ibm100/us/en/icons/ebusiness/transform/
ebusiness technology MABusiness
Impact of eBusiness
Discusses about the areas impacted with eBusinesses.
Impact on the economy
Impact on transaction cost
Impact on pricing
impact on government (B2G)
Following terminologies are explained
Disintermediation
Economies of Scale
Network Effect
Class 11 Business Studies Chapter 5 | E-Business vs E-Commerce – Emerging Modes of Business
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✔️ Class: 11th
✔️ Subject: Business Studies
✔️ Chapter: Emerging Modes of Business
✔️ Topic Name: EBusiness Vs ECommerce
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