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What is eBusiness?
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  • Written By: Brendan McGuigan
  • Edited By: Niki Foster
  • Copyright Protected:
    2003-2012
    Conjecture Corporation
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Ebusiness is a term used to describe businesses run on the Internet, or utilizing Internet technologies to improve the productivity or profitability of a business. In a more general sense, the term may be used to describe any form of electronic business —- that is to say, any business which utilizes a computer. This usage is somewhat archaic, however, and in most contexts ebusiness refers exclusively to Internet businesses.

The most common implementation of ebusiness is as an additional, or in some cases primary, storefront. By selling products and services online, an ebusiness is able to reach a much wider consumer base than any traditional brick-and-mortar store could ever hope for. This function of ebusiness is referred to as ecommerce, and the terms are occasionally used interchangeably.

An ebusiness may also use the Internet to acquire wholesale products or supplies for in-house production. This facet of ebusiness is sometimes referred to as eprocurement, and may offer businesses the opportunity to cut their costs dramatically. Even many ebusinesses which operate without an electronic storefront now use eprocurement as a way to better track and manage their purchasing.

In addition to buying and selling products, ebusiness may also handle other traditional business aspects. The use of electronic chat as a form of technical and customer support is an excellent example of this. An ebusiness which uses chat to supplement its traditional phone support finds a system which saves incredible amounts of time while providing opportunities unavailable through traditional support. By using virtual computer systems, for example, technical support operators can remotely access a customer's computer and assist them in correcting a problem. And with the download of a small program, all pertinent information about the hardware and software specifications for a user's computer may be relayed to the support operator directly, without having to walk a customer through personally collecting the data.

Using email and private websites as a method for dispensing internal memos and white sheets is another use of the Internet by ebusiness. Rather than producing time-intensive and costly physical copies for each employee, a central server or email list can serve as an efficient method for distributing necessary information.

In the past few years, virtually all businesses have become, to some degree or another, an ebusiness. The pervasiveness of Internet technology, readily available solutions, and the repeatedly demonstrated benefits of electronic technology have made ebusiness the obvious path. This trend continues with new technologies, such as Internet-enabled cell phones and PDAs, and the trend of ebusiness saturation will most likely continue for some time.

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Discuss this Article

anon199740
Post 20
I am not fully aware of how payment is made? What are the procedures and how do I trust someone concerning the quality of goods without seeing and physically touching them? What are the chances of fraud during the delivery of goods and payment?
anon181552
Post 19
does ebusiness include stores such as Ebay and amazon?
anon145704
Post 17
I have a question for anyone who the answer to this question or can point me in the right place to find the answer.if you have an E-business do you have to pay tax on it,and all the normal things that you have to do with a normal brick and stone business.
anon144539
Post 16
can just any one tell me the evolution and roles of e business? i need it very urgently. Please at least tell me where can i find information about it. i looked it up it and I'm not getting the proper info and I'm not understanding which website to use.
anon117649
Post 14
How long is the range of ebusiness could be extent in global marketing? Is it limited to any certain aspect?
anon117294
Post 13
e-business is the business done for global marketing, and ofcourse it is done through internet.
anon105271
Post 10
I just got it now. I was in doubt about E business, which I was thinking is a normal business, but when I saw what is E Business on internet it really helped me to understand the E Business description, which is Electronic Business and this is the sort of business which uses electronics, For example, online you can buy any thing over internet so this is what is called E business -- a business you do online. Qudratullah
anon77511
Post 7
I think that e-business is a easier way of receiving merchandise whether it be from an online business or just an e-business.
anon43541
Post 4
what is the positive impact of eBusiness from a social perspective and the negative aspects of eBusiness from a social perspective?
anon24337
Post 2
how e-commerce and e-business affect the hotel and restaurant industry?
anon17106
Post 1
What impact do you think e-business has had on the global market place?

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