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What are the basic elements of electronic commerce?

The major different types of e-commerce are: business-to-business (B2B); business-to-consumer (B2C); business-to government (B2G); consumer-to-consumer (C2C); and mobile commerce (m-commerce).


Why is the web strategy of a business important?

The web strategy of a business is extremely important, as the internet is a major and fast-growing venue for business transactions. More and more business is being conducted online, and any business that does not have a web site or a web strategy will be left behind.


Importance of strategies?

A business strategy is important because it sets the direction the business will follow to success. With a strategy, a business can develop a clear plan to compete with their competitors.


What are the differences between e-business and e-commerce?

Wikipedia: http://en.wikipedia.org/wiki/Electronic_business Electronic business methods enable companies to link their internal and external data processing systems more efficiently and flexibly, to work more closely with suppliers and partners, and to better satisfy the needs and expectations of their customers. In practice, e-business is more than just e-commerce. While e-business refers to more strategic focus with an emphasis on the functions that occur using electronic capabilities, e-commerce is a subset of an overall e-business strategy. E-commerce seeks to add revenue streams using the World Wide Web or the Internet to build and enhance relationships with clients and partners and to improve efficiency using the Empty Vessel strategy. Often, e-commerce involves the application of knowledge management systems. E-business involves business processes spanning the entire value chain: electronic purchasing and supply chain management, processing orders electronically, handling customer service, and cooperating with business partners. Special technical standards for e-business facilitate the exchange of data between companies. E-business software solutions allow the integration of intra and inter firm business processes. E-business can be conducted using the Web, the Internet, intranets, extranets, or some combination of these.


What is important when setting up a new business?

When setting up a new business, it is important to have a good location where persons will frequent. A good business plan, and marketing strategy are also important.


How should we integrate e-business strategy with existing business and IS strategy?

How Management of Technology Innovation integrated with business strategy


What is aligning compensation strategy with HR strategy and business strategy?

aligning compensation strategy with hr strategy and business strategy would simply mean that the designing of a company's compensation strategy should be in such a way that it should support its HR as well as business strategy.


Why small business needs marketing as an important element in their business strategy?

Businesses need customers. A person will not patronize a business if he doesn't know it exists.


What is Ford's business level strategy?

What is Ford's business level strategy?


Once a business determines that change needs to occur what should the business create?

business strategy


What are the key factors to consider when evaluating the effectiveness of i.iv.iii in a business strategy?

The key factors to consider when evaluating the effectiveness of innovation, implementation, and improvement in a business strategy are the impact on revenue and profit, customer satisfaction, competitive advantage, and overall business growth. It is important to assess how well these elements contribute to the success and sustainability of the business strategy.


What is the technical definition of strategy?

The technical definition of strategy is the plan which and principles with the tactics relating to use of the technologies in the business. It is a business strategy to have a plan for a business.