E Commerce

BC - 513

Chapter 1

Introduction to E-Commerce
(The Revolution is Just Beginning)

Business, Society and Technology 7th Edition Peerson

PowerPoint - Presentations

Examination:
Mid Term: 140 Final Term: 160 Sessional marks: 100

* Sessional Marks [Assignment, Test, Attendance, Final Project]

By:

Qasim

2012 Hailey

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Handouts Powerpoint Slides Articles Assignments

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What is E-commerce

the use of the Internet and the Web to conduct business transactions Buying and Selling over the Internet is called ecommerce Digitally enabled commercial transactions

more powerful than previous technologies Such as Radio commerce, Tv Commerce etc. 2012 Hailey

A E-Commerce Example

What is Traditional Commerce

Commerce refers to all the activities the purchase and sales of goods or services. Marketing, sales, payment, fulfillment, customer service

Passive consumer->who did not participate but force by

salesforce to purchase products

Sales-force driven Fixed prices Information asymmetry

Information asymmetry refers to any disparity (gap) in relevant
market information among the parties involved in a transaction. It generally applies to information about price, cost, and hidden fees.
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Where your business in E environment

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What is E-Business?
Digital enablement of transactions and processes within a firm, involving information systems under firms control

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.

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What is E-Business?
In practice, e-business is more than just e-commerce. While ebusiness 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.

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Where is E-Business?

2007 Wiley

Difference between ECommerce and E-Business

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.
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