E-Business: The First Wave of Electronic Commerce
Electronic commerce has revolutionized the value chains of nearly every industry, regardless if their focus is on business-to-business (B2B) or business-to-consumer (B2C) markets and the extent of their distribution networks prior to the pervasive adoption of the Web. Many of the initial studies of e-commerce credited the Internet and the invention of the Hypertext Transfer Protocols with the flexibility of creating web pages that could easily be used for e-marketing and promotion (Rose, Hair, Clark, 2011). Only after the initial generation of e-commerce businesses had experienced the challenges of synchronizing their entire value chains to the new, demanding and time-critical needs of consumers online in the case of B2C and the speed of transactions and scalability challenges in B2B e-business make system and process integration a priority.
e-Business drove the need for much greater levels of integration standards and clarity of communication across the many different legacy, third-party enterprise systems that had to be integrated into the websites and selling systems for e-commerce to be successful. The need for integration standards was particularly important...
wireless Web is truly' the next major wave of Internet computing A its potential for bringing people together and expanding commerce is even greater than that of the wired Internet." Edward Kozel, board member and former CTO of Cisco systems (AlterEgo, 2000, p. 12) The integration of the Internet into our modern culture as a driving force behind business, convenience, services and merchandise acquisition has created a new set of desires for
Finance-dominated proponents also maintain that boom economic periods generate a more varied divergence of valuations that fuel merger activity (Medlen 2007). In this regard, Medlen concludes that, "Taken collectively, these understandings may explain some of the merger activity in booms, but they involve certain asymmetries that undercut their explanatory power. High stock valuations allow stock to be utilized as currency and collateral for takeovers; yet stock booms also make
2SWOT analysis of Citigroup UAE Global network The Strengths Weaknesses Opportunities Threats The Porters 5 forces analysis PESTEL Analysis Business Strategy The future trends in the internet banking arena Benefits of e-banking The legal and ethical issues surrounding e-banking Alan, F (2002).Your e-banking future. Strategic Finance. Available online at Citibank is a bank that is a subsidiary of the larger Citigroup. Citigroup is a leading financial institution that has services an excess of 100 million clients, close to 6 million online relationships
Internet Encryption The growing sophistication of internet, along with advancing abilities of individuals to hack into electronic systems is creating a growing need for improved encryption technology. The internet is becoming a domain all to itself, with its own rules, and requirements. The internet is creating new opportunities for the business and communication industries. It is also creating new demands. The internet is now facing a period in its evolution similar
Micro Economics Shut Down Decision The October, 2000 announcement that Nortel Networks would enter the customer relationship management (CRM) application market by acquiring Clarify for more than $2 billion in stock stunned the majority of people. The question on everyone's mind was, "How can a hardware giant succeed with a software business?" The answer, coming only 18 months after the acquisition closed, was that it couldn't. Nortel purchased Clarify in its bid
The "driving forces" that are fueling growth in the PHS industry are not unique, but they have been focused on an "innovation process [that] often leads to changes in market structure composed by varied players, and the appearance of novel services in the market" (Gao & Damsgaard 2007, p. 185). Not all industries have shared the positive experiences of the mobile telephone industry in China, though, and a number of
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