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.
- Quote paper
- Andreas Wellmann (Author), 2004, E-business no longer exists - all business is e-business, Munich, GRIN Verlag, https://www.grin.com/document/22179