Essay about The Importance of E-business - 1067 Words

The Survival of the E-Business Starting out as a government and research network, the Internet became available to the public in the early 1990s attracting millions of users. Since then, the Internet has become the largest and most important network. In 1998, the Internet had 100 million users; that number is doubling every year. The Internet has revolutionized the businesses of today. Instead of having physical stores, companies can sell their products right off of the Web. There are millions of electronic businesses on the Web; some companies have been a huge success and some have been a huge failure. In order for an e-business to survive a company must understand the market in E-Business, the importance of E-Intelligence, understand†¦show more content†¦The system is fast and easy, and it provides companies with vital information on the consumers needs. E-intelligence offers a number of business benefits: 1.nbsp;nbsp;nbsp;nbsp;nbsp;It moves e-business operations into a traditional business environment. This provides the means to look at all corporate business operations and business information. 2.nbsp;nbsp;nbsp;nbsp;nbsp;It provides accurate and precise business information that helps business users make a knowledgeable decision. Using this information, business users can analyze business performance in respect to competitors. 3.nbsp;nbsp;nbsp;nbsp;nbsp;It aids e-business applications in dividing e-business customers to personalize the actual Web pages exposed. 4.nbsp;nbsp;nbsp;nbsp;nbsp;It enables organizations to share information with trading partners by extending business intelligence outside of the corporate firewall. 5.nbsp;nbsp;nbsp;nbsp;nbsp;It allows external and internal users to move between different systems by linking e-business applications with business intelligence. A business intelligence system can result in changes to back-office operation. This would include the creation of a new product or changes to product pricing. The output from a business intelligence system can also be used in front-office operations. Information can be used in such activities as marketing. E-intelligence is important in many aspects of running an e-business. Many things can cause aShow MoreRelatedThe Importance Of The E Business Strategies1081 Words   |  5 Pagesanalyses the importance of the e-business strategies Apple uses for its business. An investigation on how apple structures its e-business strategy in terms of planning, and how Apple control the organisation. Through this report, we will examine how Apple searches for its strategic methods and objectives via many aspects, whether it be customer demand or its fall of competitors. The term business doesn’t completely consist of only retailing; businesses can function online. 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