M a k e a d e t a i l e d e x p l a n a t i o n o f e v e r y b u l l e t j u s t e x p l a i n i t i n o u r u n d e r s t a n d i n g . E x p l a i n i t i n a s i m p l e w a y s o t h a t I c a n e a si l y u n d e r s t a n d i t . E - B U S I N E S S e l e c t r o n i c b u s i n e s s e x c h a n g e s b e t w e e n b u s i n e s s e s a n d b e t w e e n b u s i n e s s e s a n d t h e i r c u s t o m e r s e m e r g e d . c o n s i s t o f b u y i n g a n d s e l l i n g g o o d s a n d s e r v i c e s b e t w e e n b u s i n e s s e s , o r g a n i z a t i o n s , a n d i n d i v i d u a l s e l ec t r o n i c a l l y — t h at i s , v ia I n te r n e t - b a s e d s y s t e m s . e - b u s i n e s s r e v e n u e h a s i n c r e a s e d a t a f a s t e r p a c e t h a n t h a t o f t r a d i t i o n a l , o r n o n - e l e c t r o n i c , b u s i n e s s E - b u s i n e s s h a s g r o w n d r a m a t i c a l l y a n d b e c o m e a w a y o f l i f e L a r g e c o m p a n i e s S m a l l e r s t a r t - u p b u s i n e s s e s I n d i v i d u a l s A s t e c h n o l o g y b e c a m e m o r e a f f o r d a b l e a n d e a s i e r t o u s e , s m a l l a n d m e d i u m - s i z e d b u s i n e s s e s c o m m i t t e d i n v e s t m e n t d o l l a r s t o e - b u s i n e s s a n d t e c h n o l o g y s y s t e m s T h e a d o p t i o n o f t e c h n o l o g y w a s a m o n e y s a v e r r a t h e r t h a n a n e x p e n s e i n t h e l o n g r u n
M a k e a d e t a i l e d e x p l a n a t i o n o f e v e r y b u l l e t j u s t e x p l a i n i t i n o u r u n d e r s t a n d i n g . E x p l a i n i t i n a s i m p l e w a y s o t h a t I c a n e a si l y u n d e r s t a n d i t . E - B U S I N E S S e l e c t r o n i c b u s i n e s s e x c h a n g e s b e t w e e n b u s i n e s s e s a n d b e t w e e n b u s i n e s s e s a n d t h e i r c u s t o m e r s e m e r g e d . c o n s i s t o f b u y i n g a n d s e l l i n g g o o d s a n d s e r v i c e s b e t w e e n b u s i n e s s e s , o r g a n i z a t i o n s , a n d i n d i v i d u a l s e l ec t r o n i c a l l y — t h at i s , v ia I n te r n e t - b a s e d s y s t e m s . e - b u s i n e s s r e v e n u e h a s i n c r e a s e d a t a f a s t e r p a c e t h a n t h a t o f t r a d i t i o n a l , o r n o n - e l e c t r o n i c , b u s i n e s s E - b u s i n e s s h a s g r o w n d r a m a t i c a l l y a n d b e c o m e a w a y o f l i f e L a r g e c o m p a n i e s S m a l l e r s t a r t - u p b u s i n e s s e s I n d i v i d u a l s A s t e c h n o l o g y b e c a m e m o r e a f f o r d a b l e a n d e a s i e r t o u s e , s m a l l a n d m e d i u m - s i z e d b u s i n e s s e s c o m m i t t e d i n v e s t m e n t d o l l a r s t o e - b u s i n e s s a n d t e c h n o l o g y s y s t e m s T h e a d o p t i o n o f t e c h n o l o g y w a s a m o n e y s a v e r r a t h e r t h a n a n e x p e n s e i n t h e l o n g r u n
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
Related questions
Question
M a k e a d e t a i l e d e x p l a n a t i o n o f e v e r y b u l l e t j u s t e x p l a i n i t i n o u r u n d e r s t a n d i n g . E x p l a i n i t i n a s i m p l e w a y s o t h a t I c a n e a si l y u n d e r s t a n d i t .
E - B U S I N E S S
- e l e c t r o n i c b u s i n e s s e x c h a n g e s b e t w e e n b u s i n e s s e s a n d b e t w e e n b u s i n e s s e s a n d t h e i r c u s t o m e r s e m e r g e d .
- c o n s i s t o f b u y i n g a n d s e l l i n g g o o d s a n d s e r v i c e s b e t w e e n b u s i n e s s e s , o r g a n i z a t i o n s , a n d i n d i v i d u a l s e l ec t r o n i c a l l y — t h at i s , v ia I n te r n e t - b a s e d s y s t e m s .
- e - b u s i n e s s r e v e n u e h a s i n c r e a s e d a t a f a s t e r p a c e t h a n t h a t o f t r a d i t i o n a l , o r n o n - e l e c t r o n i c , b u s i n e s s
- E - b u s i n e s s h a s g r o w n d r a m a t i c a l l y a n d b e c o m e a w a y o f l i f e
- L a r g e c o m p a n i e s
- S m a l l e r s t a r t - u p b u s i n e s s e s
- I n d i v i d u a l s
- A s t e c h n o l o g y b e c a m e m o r e a f f o r d a b l e a n d e a s i e r t o u s e , s m a l l a n d m e d i u m - s i z e d b u s i n e s s e s c o m m i t t e d i n v e s t m e n t d o l l a r s t o e - b u s i n e s s a n d t e c h n o l o g y s y s t e m s
- T h e a d o p t i o n o f t e c h n o l o g y w a s a m o n e y s a v e r r a t h e r t h a n a n e x p e n s e i n t h e l o n g r u n
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