E-Commerce and Business Process E-Commerce Defined E- commerce as modern business methodology Characteristics of internet and traditional markets Benefits of E-commerce Critical Success Factors of E-commerce E-commerce applications Types of E-commerce business models Security and legal issues Apple Company and E-commerce Business and E-Commerce Implementation of E-commerce Conventional market approach vs. modern market approach E-Commerce Applications Types of E-Commerce models E- commerce defined: E-commerce is broadly described as "utilizing online sources as well as tools to perform business in a far better way - more effectively

Icio.us, which enable users to publish, categorize, and share their bookmarks Wikis • Enables users to create and edit the content of a Web site, leveraging the expertise of online users • Consumer Wikis enable users to comment on content, in addition to editing content • Wikipedia, a community Wiki encyclopedia, includes approximately 1.3 million English-language articles Sources: (Bernoff, Li, et.al) This is revolutionizing the role of e-commerce today and leading to much faster rates of

Ecommerce business models With the advent of Internet, we have seen a lot of changes in the communications arena and business practices are no exception. E-commerce has taken business from closed doors of offices and retail shops to the information superhighway, where literally millions of people trade daily. The online business model can be viewed in terms of B2B, B2C and C2C models (business to business, business to consumer and consumer

The ability to create a more effective knowledge management and learning system is more important than just creating an online store and populating it with products, which is a key lessons learned through much of the analysis for this report (Molla, Heeks, 2007). The internationalization of e-commerce then is the antithesis of one-size-fits all; it is rather the ability to tailor e-commerce strategies with accuracy and precision to the

E-Commerce In basic terms, business to consumer (B2C) e-commerce can be said to be a transaction-based relationship that exists between a given business' website and the consumer. This transactional relationship is sparked when the end user logs onto a certain business' website with an aim of procuring a good or service. In this case, on selection of the product he or she is interested in, the consumer is prompted to pay

Revenue How a firm plans to earn a profit is one of the most important considerations in the business plan. Profit is defined as total revenue less total expenses (Investopedia, 2013) and there are basically three levels of profit. The first level is the gross profit, which subtracts only the cost of sales; the second is the operating profit which subtracts fixed costs as well. The final profit is the net