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eBusiness

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eBusiness

Although electronic business (eBusiness) is often associated with the World Wide Web, this is only one aspect of the subject. In fact e-business technologies cover a wide range of technologies and applications. E-business technologies are a collection of technologies that make use of the Internet. They include web sites, browsers, electronic procurement software, desk-top video conferencing tools, intelligent database search engines, and many other technologies.

eBusiness can be classified as follows:

• Business to Consumer (B2C)
• Business to Business (B2B)
• Business to Employee (B2E)

The nature and planning of the web presence for each sector differs according to its objective, B2C targets customers anyplace in the world providing comprehensive eServices sustained with security aspects to ensure customer’s convenience, confidence and prompted services. Whereas the service provider experience significant cost effective web presence for its brands, short time to market and increase of sales for the introduced eServices.

B2B foster the relation between businesses in a win-win situation for both parties, online procurement and auctions are perfect implementations for sellers and buyers collaboratively work on the same workspace to share demands and supplies for example. The dramatic cut in time to conclude a procurement cycle has been achieved due to the development pace rate of B2B portals.

B2E assists organizations to deliver useful services and information to its employees. An intrinsic workspace where the team can share materials, communicate, collaborate, and plan for project delivery can be achieved through the use of this model of portals. The benefits of the B2E model are significant to the organization through cost reduction and establishing effective workforce by connecting employees together and linking Senior Management to their employees for the best benefit of an organization.