Description
LO:
Demonstrate a knowledge of the fundamentals of e-Business
Discuss the role of e-Business in practical business applications
***Explain the three dimensions along which e-Business scenarios can be classified. Use examples to illustrate.***
Response should be approximately 2-3 pages (not counting the cover page and references page), supported with credible references and corresponding in-text citations, all in APA format.
Explanation & Answer
Attached.
Running head: E-BUSINESS
1
E-Business
Author’s Name:
Institution Affiliation:
E-BUSINESS
2
E-Business
Demonstrate Knowledge of The Fundamentals of E-Business
E-business is any transaction conducted through electronic media channels. An ebusiness mainly develops its revenue through internet technology. E-businesses focus on the
utilization of ICT to facilitate the exchange of products between buyers and sellers. The Internet
is a fundamental element of e-business since all the communication is conducted via the internet.
E-business, thus, employs technologies such as internet marketing, electronic funds, mobile
commerce, online transactions, and automated collection of data and management of inventory
systems. As a result of capitalization on the internet, this business front is allied with numerous
murky security risks. The greatest threats to e-businesses are hackers who access confidential
information s...