E BUSINESS MANAGEMENT Mohammed Anas Mohammed Izhan CONTENTS

E BUSINESS MANAGEMENT Mohammed Anas Mohammed Izhan

CONTENTS 1. INTRODUCTION TO E BUSINESS. 2. FEATURES OF ONLINE BUSINESS. 3. TYPES OF E BUSINESS.

INTRODUCTION TO E BUSINESS E-business or Online business means business transactions that take place online with the help of the internet. The term e-business came into existence in the year 1996. E-business is an abbreviation for electronic business. So the buyer and the seller don’t meet personally.

FEATURES OF E BUSINESS Some of the features of Online Business are as follows : • It is easy to set up. • There are no geographical boundaries. • Much cheaper than traditional business. • There is no personal touch. • Buyer and seller don’t meet. • Delivery of products takes time. • There is a transaction risk. • Anyone can buy anything from anywhere at anytime. • The transaction risk is higher than traditional business.

TYPES OF E BUSINESS Now there actually many types of e-Businesses. It all depends on who the final consumer is. Some of the types of e-commerce are as follows : o Business-to-Business (B 2 B). o Business-to-Consumer (B 2 C). o Consumer-to-Consumer (C 2 C). o Consumer-to-Business (C 2 B). o Consumer-to-Administration (C 2 A). o Business-to-Administration (B 2 A).

BUSINESS-TO-BUSINESS (B 2 B) Transactions that take place between two organizations come under Business to business. Producers and traditional commerce wholesalers typically operate with this type of electronic commerce. Also. it greatly improves the efficiency of companies.

BUSINESS-TO-CONSUMER(B 2 C) When a consumer buys products from a seller then it is business to consumer transaction. People shopping from Flipkart, Amazon, etc. is an example of business to consumer transaction. In such a transaction the final consumer himself is directly buying from the seller.

CONSUMER-TO-CONSUMER(C 2 C) A consumer selling product or service to another consumer is a consumer to consumer transaction. For example, people put up ads on OLX of the products that they want to sell. C 2 C type of transactions generally occurs for second-hand products. The website is only the facilitator not the provider of the goods or the service.

CONSUMER-TO-BUSINESS(C 2 B) In C 2 B there is a complete reversal of the traditional sense of exchanging goods. This type of e-commerce is very common in crowdsourcing based projects. A large number of individuals make their services or products available for purchase for companies seeking precisely these types of services or products.

CONSUMER-TO-ADMINISTRATION(C 2 A) The Consumer-to-Administration model encompasses all electronic transactions conducted between individuals and public administration. Some examples of applications include o Education – disseminating information, distance learning, etc. o Social Security – through the distribution of information, making payments, etc. o Taxes – filing tax returns, payments, etc. o Health – appointments, information about illnesses, payment of health services, etc.

BUSINESS-TO-ADMINISTRATION(B 2 A) This part of e-commerce encompasses all transactions conducted online by companies and public administration or the government and its varies agencies. Also, these types of services have increased considerably in recent years with investments made in e-government.

THANK YOU