The emergence of the Internet and the development of complex e-business applications have affected and fundamentally changed the way people conduct business worldwide across all industries. The Internet’s integration into companies’ strategies and the development of sophisticated e-business solutions caused transaction costs to decline, helped to shrink time and information asymmetry1, endowed firms with a new distribution channel and finally established new business ventures such as eBay.com, amazon.com, or google.com (Tucci & Afuah 2003). In addition to that, the Internet and e-business have enabled companies to participate in the worldwide market place, reduced inventory levels, and to benefit from the digitisation of products and services (Tassabehji 2003). Therefore, nowadays the long-term survival of firms depends no longer only on competitive advantages such as economies of scale, but especially on the intuition of adjusting correctly to a continuously changing competitive environment based upon the Internet’s options and e-business. This essay attempts to give an introduction to e-business and illustrates how ebusiness influences firm’s business models. It critically evaluates the statement “E-business no longer exists – all business is e-business” and tries to show the implications of this statement for business and management in general. [...]
Inhaltsverzeichnis (Table of Contents)
- 1'E-business no longer exists - all business is e-business'
- The Influence of Internet and E-Business on Firms' Business Models
- The Forms of E-Business
- The Current State of E-Business
- Conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This essay examines the influence of the Internet and e-business on companies' business models. It specifically aims to evaluate the statement "E-business no longer exists - all business is e-business" and explore its implications for business and management in general.
- The impact of the Internet and e-business on companies' value streams, revenue streams, and logistic streams.
- The evolution of e-business models, including Business-to-Business (B2B), Business-to-Consumers (B2C), Business-to-Government (B2G), and Consumer-to-Consumer (C2C).
- The current state of e-business and its future prospects, particularly within the B2B sector.
- The integration of Internet technologies into the core structure of daily business operations.
- The importance of adapting to a constantly changing competitive environment based on the Internet's options and e-business.
Zusammenfassung der Kapitel (Chapter Summaries)
- The first chapter introduces the concept of e-business and its impact on the way businesses operate globally. It discusses the role of the Internet in lowering transaction costs, reducing information asymmetry, and creating new business ventures.
- The second chapter explores the influence of the Internet and e-business on companies' business models, focusing on the value stream, revenue stream, and logistic stream. The chapter discusses how e-business enhances companies' competitive advantage and generates new revenue streams.
- The third chapter examines the various forms of e-business, including B2B, B2C, B2G, and C2C. The chapter highlights the importance of B2B and B2C transactions and discusses future growth projections for these sectors.
- The fourth chapter analyzes the current state of e-business and its future prospects, particularly in the B2B environment. The chapter argues that e-business is no longer a revolutionary force but rather an integral part of successful B2B operations.
Schlüsselwörter (Keywords)
This essay focuses on key concepts such as e-business, business models, value stream, revenue stream, logistic stream, B2B, B2C, Internet technology, and competitive advantage.
Frequently Asked Questions
What does the statement "All business is e-business" mean?
It suggests that internet technologies have become so integrated into core business operations that the distinction between traditional business and e-business is disappearing.
How has the internet changed transaction costs?
The internet has significantly lowered transaction costs by reducing information asymmetry and streamlining communication between buyers and sellers.
What are the main forms of e-business?
The primary forms include Business-to-Business (B2B), Business-to-Consumer (B2C), Business-to-Government (B2G), and Consumer-to-Consumer (C2C).
What is the impact of e-business on business models?
E-business affects a company's value streams, revenue streams, and logistic streams, often creating new distribution channels and competitive advantages.
Is e-business still a "revolutionary" force?
While once revolutionary, e-business is now considered an integral and standard part of successful operations, especially in the B2B sector.
- Citation du texte
- Andreas Wellmann (Auteur), 2004, E-business no longer exists - all business is e-business, Munich, GRIN Verlag, https://www.grin.com/document/22179
