Flashcards
Background to e-Business
Cards in this deck (16)
- 1Electronic CommerceThe buying and selling of information, products, and services via computer networks and distributed media, usually the WWW
- 2Electronic BusinessThe conduct of transactions by means of electronic communications networks end-to-end
- 3E com vs E bisE bis is more generic, refers not only to information exchanges related to buying and selling
- servicing customers
- collaborating with business partners
- encompasses sophisticated B2B interactions
- Collaboration activities at a level of enterprise applications and business processes - 4How are e business processes integratedE business processes are integrated end to end across the company, with key partners, suppliers and customers and can respond with flexibility and speed to customer demands and market opportunities.
- 5Examples of internal/back office processingDistribution
Manufacturing
Accounting - 6External/front office processesProcesses that connect an organisation to its customers and suppliers
- 7Collaborative characteristics of EBusinessE business is about integrating external company resources with an organisations internal business processes
Collaborative product development
procurement
operations
logistics - 8Enterprise Resource Planning includesProduction
Buying a product
Sales of products
Costing, paying bills and collecting - 9Supply ChainNetwork of facilities and distribution options that performs the functions of procurement of materials
Supply, manufacturing, distribution - 10E Business requirementsIdentify quantifiable business objectives
Ensure operational flexibility
Rethink entire company supply chains
Process centric transformation
Define business processes
Understand security requirements
Ubiquity with standards - 11Advantages of E BisImproved operational efficiency and productivity
Reduction in operating costs and costs of goods and services
Improved competitive position
Penetration into new markets through new channels
Improved communications, information and knowledge sharing
Harmonisation and standardisation of processes - 12Disadvantages of E Bis- Management and Strategy Issues
- Calculating ROI
- Security and trust
- Legal issues
- Technology Concerns - 13Strategic Planning ProcessSituation
Target
Path - 14LOB Business UnitDifferentiation
Cost
Scope
Focus - 15The Resource Based ViewConsiders internal resources and competencies and sources of potential competitive advantage
- 16Transaction cost economiesTheoretical framework for discussion of market structures and addresses the question why necessary resources are obtained either through the market or through internal production
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- Flashcards on Background to e-Business , created by EMMA RUMGAY on 15/11/2017.
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- EMMA RUMGAY
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