English, asked by ps602871, 1 month ago

इलेक्ट्रॉनिक बिजनेस की जानकारी इंग्लिश में​

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Answered by vaishnavithorave
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Online Business or e-business is any kind of business or commercial transaction that includes sharing information across the internet. Commerce constitutes the exchange of products and services between businesses, groups and individuals and can be seen as one of the essential activities of any business. Electronic commerce focuses on the use of information and communication technology to enable the external activities and relationships of the business with individuals, groups and other businesses, while e-business refers to business with help of the internet. Electronic business differ from electronic commerce as it does not only deal with online transactions of selling and buying of a product and/or service but also enables to conduct business processes (inbound/outbound logistics, manufacturing & operations, marketing and sales, customer service) within the value chain through internal or external networks.[1] The term "e-business" was coined by IBM's marketing and Internet team in 1996.

Market participants in Electronic Business Edit

Electronic business can take place between a very large number of market participants; it can be between business and consumer, private individuals, public administrations or any other organizations such as NGOs. These various market participants can be divided into three main groups: 1) Business (B) 2) Consumer (C) 3) Administration (A) All of them can be either buyer or service provider within the market. There are nine possible combinations for electronic business relationships. B2C and B2B belong to e-commerce, while A2B and A2A belong to e-government sector that is also a part of electronic business.Business model Edit.

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Business model

The transformation toward e-business is complex and in order for it to succeed, there is a need to balance between strategy, an adapted business model (e-intermediary, marketplaces), right processes (sales, marketing) and technology ( Supply Chain Management, Customer Relationship Management). . When organizations go online, they have to decide which e-business models best suit their goals.[8] A business model is defined as the organization of product, service and information flows, and the source of revenues and benefits for suppliers and customers. The concept of e-business model is the same but used in the online presence.

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