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Electronic Business

In: Computers and Technology

Submitted By terbenaw
Words 2592
Pages 11
The internet, also known as the World Wide Web, is one of the greatest things created in our century. Many different concepts are based on the internet, one of which is electronic business. There are many advantages and disadvantages of doing business online, some of which include but are not limited to security, e-crime, e-money. A lot of recourses that are available online are able to provide people with help and support on how to start their own electronic business. In order to start e-business, a person needs to have an idea of what he may be interested in, as well as financial security. Also, good organization skills are important, as they allow the person to carry on all the way through, without giving up on the idea. Electronic business has a few subdivisions that are very important to know about when dealing with electronic industry. These subdivisions are electronic retailing and mobile commerce. Being familiar with E-retailing and M-commerce in detail will allow for a successful future in electronic-business. Electronic Business is any type of business that is performed over the Internet. Electronic transactions have three forms: business-to-business, business-to-consumer, or transactions within the company itself. Electronic business includes communication with business partners and clients through e-mails. Electronic business also offers a variety of different ways to trade and advertise different types of products and services online. E-business has different subdivisions one of which is Electronic Commerce - also known as E-Commerce, EC, and electronic sales transactions over the internet - most often used for online business-to-business buying and selling. The second subdivision of E-business is Electronic Retailing, otherwise known as E-tailing, and more frequently referred to as "virtual storefronts” or “virtual malls." Electronic retailing is…...

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