E-business and its impact on the organizations and Economy

E-business and its impact on the organizations and Economy



E-business and its impact on the organizations and Economy

Introduction

The term e-business is used in information system and technology. E-business allows companies to their internal and external links that are more effective and efficient (The National B2B Centre, 2002). The concept of e-business is running successfully these days. It is a process of business atomization that is supported by a computer. E-business is much more then e-commerce. It focuses on commercial transaction between companies and customers as it deals with individuals and other companies. The e-business focuses on companies internal processes. It deals with the process between the companies and its internal partners. It also worked with the companies and its external partners. The examination of e-business is from the analyzing e-commerce data. The quantity of goods and services sold online. With the digital network, it was identified that both inside the firm and in relation to external partners. Today's e-business focuses on the following points.

1.The optimal management and its relation with the customers, suppliers and business partners in a complex and frequently global competitive environment.

2.The electronic and sales of things are via e-business. The security and sharing of information is through business network.

3.Doing business in advance to the digital economy.

Globalization and the development of value network are forcing companies to develop in new ways. In the globalization of e-business, the companies are focusing on their core competencies, and they are not focusing on their non-core competencies. The new forms of e-business are more able and better prepared. The realization of e-business is leading towards the goal of better customers. The application of e-business is realizing business transactions. Entering towards the e-business is leading towards the better goal of customer service. The goal is to develop sustainable customer relations. The planning of the management leads to e-business management. In e-business, many companies are expected to change the business model in accordance with their e-strategies. The new business model must be harmonized in the market development and competitive demands (Bubanja, 2010, pp. 21-26).

E-business lowers costs and increases the choice available to consumers and firms (Heil, 2010). Theoretical studies suggest that the development of e-business results in higher firm performance (Koning, pp.1). E-business is profoundly affecting the economy these days there is growing information and communication technology via e business (Prieger, 2009). The E-business UK is an online channel of communication to the customers. They provide online shopping and activities for customers as to save time and effort (E-business, 2012). E-business is an outcome all the electronic items that are sold on online basis (Information Economics 2011). The policy of ICT is challenging and updating day by day as to increase the economy of the county (E-Business, 2010).

The European commission has analyzed e-business developments and its impact in various sectors, and it was analyzed that the e-business improves productivity effect the Growth, performance and firm innovation (Berlin, 2008, pp.2). According to the commission of European communities; E-business ...