E- business Research Paper Example | Topics and Well Written Essays - 1500 words

E- business - Research Paper Example as brought in the business world, theories that govern the E- business and thereby highlighting the applications used in the computers to support E-business. The term E -business is generally used to describe any kind of business that is done on the internet, or utilizing internet technologies to improve the productivity and the profitability of a business. It is a firm which conducts most of its daily business functions over the internet and other electronic networks (BusinessDictionary, 2012). Despite E -business tracing its emergence back to 1997, it’s still on its early stages of use, especially in third world countries. The united Consensus Becan, defines it as any procedure that a business organization or company happens to conducts over a mainly computer dependent network. This process involves the production of customer satisfaction and the internal management focused on a business process. The process itself takes place online, it involves all users via internet and to specified users via extranet. The three main types of E- business include; business to customer (B2C) which is basically the exchange of information products or services that involves a business firm and a customer via internet. The other type of E- business is business to business (B2B). It involves large money transfers (Yale University, 2012). B2B is responsible for constantly changing corporate buying habits. A good example is a car company selling parts to car dealers of other companies r ather than dealing with customers directly. Business to Government (B2G) is another form of business, which is basically the online exchange of information between a business company and government agencies via electronic means as is the case where a company offering electronic task firm. Transactions that occur within the selected E business process are completed when an eventual agreement is finally reached between the two negotiating parties involved. This involves the buyer and the seller.