Business transactions on the Internet otherwise known as, E-Business is the latest way to interconnect with business associates, provide customer service, and partake in buying and selling. A benefit of an E-Business is the storefront becomes obsolete along with the entire inventory, physically managing employees, overhead costs, and the hassle of maintaining a physical location. Along with benefits of electronic business there are challenges posed, such as limited markets, trust, consumer protection and abiding by tax regulations (Baltzan 2013).
With all the technology available for use today companies have the capabilities to allow their employees to work from home, called telecommunications. From the company perspective this defers from providing an office space and the costs associated with housing employees. From the employee perspective working from home saves on fuel cost, some clothing cost, insurance premiums will decrease, wear and tear on their automobiles, and in some instances childcare. Even though the expense of a physical location has been bypassed there are costs that remain a factor for the organizations in house structure of employees (Kioskea, 2013). Such as computers, routers, satellite access, wires, visual communication, system hardware and software, in organization support services, web development hosting and consulting, electronic payments, technicians, and programmers (Mesenbourg, 2013).
A whole new technical job market has been created since E-Business has advanced its way to the forefront of the business industry. Some of the positions offered are virtual sales representative, online customer support, client consultant via phone, business objects administrator from home, computer application consulta...
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...ure. Electronic transactions continue to alter the world perspective in the way business is conducted and is the focal point of expansive growth. Harnessing a boundless endeavor for excellence, customer service, trust, and adhering to taxation requirement for the ultimate merchant, customer experience remains a continuing challenge.
Works Cited
Baltzan, P. (2013). Business Driven Technology (Fifth ed.). New York, NY, USA: McGraw-Hill.
Kioskea. (2013, November). Introduction to e-business. Retrieved from http://en.kioskea.net/contents/206-introduction-to-e-business
Mesenbourg, T. (2013, October). Measuring electronic business: Definitions, underlying concepts, and measurement plans. Retrieved from http://www.census.gov/epcd/www/ebusines.htm
Rouse, M. (2005, April). E business search cio. Retrieved from http://searchcio.techtarget.com/definition/e-business
When given the opportunity to work from home, employees are going to be more loyal and could stay with the organization
An E-enterprise can offer an organisation improved productivity, improvements to customer service, effective competitiveness, reduce costs and streamline business processes. Using the internet and World Wide Web services, companies can implement supply chain and customer relation management capabilities, to enable them to link their operations and actions with suppliers and customers (Sharma, Lavania, & Gupta, 2011). Not only can an e-enterprise take care of its own internal supply chain management, it can also enable businesses to establish the value chain throughout the market and across industries. Furthermore, an E-enterprise can enable efficient communication and collaboration with customers in real time via the web (Sharma, Lavania, & Gupta,
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