CCT225H5 Chapter Notes - Chapter 5: E-Governance, E-Commerce, Retail
Document Summary
Introduction: electronic commerce(e-commerce) commerce, but it is commerce accelerated and enhanced by it, particularly the internet, enables customers, consumers and companies to form powerful new relationships that would not be possible without the enabling technologies. Breaks down business barriers: time, geography, language, currency and culture: path-to-profitability (p2p) formal business plan that outlines key business issues such as customer targets (by demographic, industry etc. ), marketing strategies, operations strategies (procurement, production, transportation, logistics), and projected targets for income statement and balance sheet items. E-commerce business models: 9 major e-commerce business models. One of the fastest growing trends: increasingly aware that they must create supply chain management systems, drive down costs, create info partnerships with other businesses and even collaborate with other businesses on new product and service offerings. Business to government (b2g) e-commerce: business to government (b2g) e-commerce when a business sells products and services to a government entity.