BUS 252 Chapter Notes - Chapter 2: Infomediary, Utility Model, Retail
Document Summary
Business model: the manner in which a business organizes itself to achieve its objectives, which normally involve the generation if profits. There are eight components that make up a business model: external forces: forces from outside that can create a threat to business objectives. Internet business model: the way in which business uses the internet to support, amplify, or develop an overall business model. Technological developments associated with the internet are an external force underlying ebusiness. Other external forces include legal and regulatory forces that determine how ebusiness is conducted in many jurisdictions. Some go(cid:448)er(cid:374)(cid:373)e(cid:374)ts" a(cid:374)d (cid:373)arkets" i(cid:374)trusio(cid:374)s o(cid:374) i(cid:374)ter(cid:374)et user" pri(cid:448)a(cid:272)(cid:455) ha(cid:448)e led to the de(cid:448)elop(cid:373)e(cid:374)t of privacy protection technologies and processes. Laws and regulations aimed at protecting intellectual property have constrained certain business models and boosted others. Governments also use internet business model to enhance the delivery if services to citizens and to secure from business entities. Most businesses today have some degree of internet presence.
