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The impact of e-commerce on a small business
Evolution of e business
E-business models and comparison
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What is e-business & its characteristics?
E-business is when information and communication (ICT) technologies are applied to support all the business activities. IBM’s marketing and Internet teams have founded the word “e-business” in 1996.
Electronic business methods allow business companies to work closely with suppliers, stakeholders, and to satisfy the expectations of their customers. This type of business involves electronic purchasing and supply chain management, electronically processing orders, customer support, and coordinating with business clients. E-business is usually performed over the Internet, the Web, extranets and intranets.
Companies usually use the Web to purchase supplies from other companies and to coordinate with others on sales promotions.
Overview of Emirates Airlines
Emirates, which has commenced its operations since 1985, is known to be one of the largest airline companies in the Middle East. It is not only known in the Middle East, but it has been recognized internationally for the excellence of their service. In 2013, they have received “World’s Best Airline” award, which has been presented to them by Skytrax. In addition, they have received “Best Airline to the Middle East” award several times (Awards, 2014). It is owned by the government of Dubai and headed by Ahmed Bin Saeed Al Maktoum. The several awards that have been given to them motivate them to develop their products and services in order to increase their reputation among travellers and gain customer satisfaction. They offer unique experiences and amenities on each of their flights. Each year they expand their destinations and fleet in order to reach a wide audience. Their primary goal is quality not quantity. They want to provide the highe...
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...veral implications of the e-business model in the current business environment. The penetration of e-business model is evident from the fact that firms such as Amazon are competing with traditional brick and mortar stores. Although there are a few limitations of the e-business model, it can still be adopted by several businesses operating in the UAE. The increase in the competitiveness of business environment, in the UAE, has made it necessary that firms adopt novel and innovative business practices. The adoption of e-business model will provide companies with a competitive edge over others. Furthermore, the e-business model is also beneficial for individuals who are planning to start a new business in the UAE. It is because the model would allow them to start business with the minimal startup cost. The e-business model also allows business to save maintenance cost.
“To be the best airlines in whole world and providing excellent customer experience in our flights with full entertainment and loads of satisfaction.”
Airline of choice: Remain the top choice for international flights for premium customers as well a...
The airline industry was affected more than most by the tragic events of September 11th 2001. There was an immediate and significant reduction in passenger demand, particularly across the North Atlantic, and a number of airlines became bankrupt. 9/11 was quickly followed by further challenges of SARS and the effects of the Gulf War. The industry is slowly rebuilding passenger confidence and recent traffic figures show signs of a recovery from 9/11. However, it is clear that in order to survive and compete in this challenging environment, it is vital for airline companies to adapt and evolve, focusing on capturing the market with an ever-improving range of services. Airlines with strong brand leadership, like Virgin Atlantic, should be most likely to emerge from the challenge strengthened.
and is especially popular among eBay customers. Fig.1 briefly illustrates Company’s business. The system enables its
The Internet is the future of business. Bring your company up-to-date and provide customers, not only with product descriptions and information, but with a way to shop, communicate and interact with your company via the web. The Internet also provides less chance for human error in the ordering process because fewer individuals have to handle information. And, most importantly, the Internet speeds up operations, whether it is use for sending information to employees or receiving custom orders from customers.
In addition to the change in behavior of consumer, many companies or retailers change the sales channel combinations. The greatest impact of the Web-bases electronic revolution has occurred in companies adopting the click-and-mortar approach. Click- and-mortar is one the strategy used by the companies or retailers that they continue to conduct their business in the physical locations and have added the electronic commerce component to their business activities. According to one study, 37% of United States retailers are selling through a combination of the internet, in stores and catalogs. This represents a growing demand for the business-to-customer package delivery service.
Porter stated; “for an airline to succeed in the marketplace, it must have a sustainable competitive advantage” (Porter M. E., 2008). The airline industry is the highest competitive industry, and I believe a sustainable completive advantage is essential to succeed in the future of the aviation industry. The competitive advantages that an airline embrace, needs to be based on the airlines strategy and differentiation to competitors. Emirates displays how it has a strategy and how the airline gets ahead of its competitors through how unique it is.
Lufthansa, one of the world’s biggest airliners, has divisions handing maintenance, catering and air cargo. Since the World War II the airline industry has never earned its cost of capital over the business cycle (Hitt, 2010). Most of the airline companies have either filed for bankruptcy or are being bailed out by their government. Lufthansa had also gone through these tough times, but had resurfaced to become one of the worlds most profitable airline company. The company adapted a transnational strategy, seeking to achieve both global efficiency and local responsiveness. Lufthansa’s monopoly in Germany came to a halt with the creating of the European Union. All the EU member countries become one regional and therefore the European competition became, an increasingly a local competition. Lufthansa created its regional Hubs, to cater for its domestic market. But the availability of substitutes such as bullet trains and the Euro tunnel, made is necessary for Lufthansa to create short traveling time, customizations and quality standards in the region to achieve a competitive advantage. But outside the EU there are no substitute to air travels as such all the flag carriers are competing in the market, the international airline industry is a highly competitive environment. A new force has also emerged in the world of air travel, in the form of three Gulf airlines with jumbo ambitions. Within a decade Dubai’s Emirates, Qatar Airways and Eithad from Abu Dhabi have between them carried the capacity of two hundred million passengers (Micheal, 2010). The company had to go global and therefore adopted the international corporate-level strategy, where Lufthansa will ope...
The beginning of establishment of emirates airline, they only hire a Boeing 737 and an airbus A300B4. As the open and positive policy of Dubai, Emirates airline is developing and expanding to maintain a competitive advantage. From the beginning to the third year they had gotten a profit. In the first ten years, it had an effort to double in every three years.
Moreover, they began this venture with one clear and simple idea/belief: If you get the passengers to the place they want to go, when they want to get there, in a timely manner, with the lowest feasible fares, and ensure they have a fun time doing it, people will want to fly their airline. They were right because Southwest Airlines is one of the biggest domestic air carriers and reputable airline business in the United States. Moreover, it is the only one that is, and has been, endlessly profitable for a number of good years. The key objective of this paper is to highlight Southwest Airlines ability to work and manage people well around
Emirates Airlines is based in Dubai and manages its operation from the airport of Dubai. It’s global network is spread through six continents, seventy eight countries and one hundred and forty two cities. Thanks to the strategic location of Dubai, Emirates has been able to occupy the position of global transporter. The position of Dubai is such that it facilitates strategic routes linking east and west resulting in direct flights.
When the buzzword of business model was very active and reactive during the internet boom, many individuals did not understand the concept of the proper business model for the proper business (Magretta, 2002). When not utilizing the right type of model for the organization, the model will be misused and distorted (Magretta, 2002). Understanding the traditional organization and learning organization, will allow an organization to determine which time of organization they desire the most.
Qatar Airways is a national airline business of the state of Qatar. This business provides ‘top of the line’ airplanes to satisfy and comfort the traveller. Nowadays, Qatar Airways is considered to be one of the dominant leading airlines in the world. Qatar Airways began its commercial airline operations in 1994, using low cost small airplanes. However, Qatar Airways had been relaunched in 1997, striving to expand its operations internationally and maintaining a high quality service and providing “breathtaking experiences”. This business has reached a milestone of covering a 100 different destinations on the global network by 2011. Moreover, Qatar Airways has been the fastest growing
At the very start, internet revolution was known as a world wide web that would change everything. In 1990s, the concept of "online business" was created, this business is known by various names such as dot-coms, e-biz etc. which made easier to start a business on internet and inexpensive as well. Whether it's a big or a small, local or international it can reach infront of the world very easily. Thousands of ventures have been made on internet for online business on the basis of brick and mortar. Online business is not different from any other venture. Same rules and principles are applied. First thing to start up a business is to create a business plan and think of how to make money. Some of the options which should be applied for an online business includes, sell products, sell advertising, sell information, sell services and to become a reseller. All of these options are complied together. For any virtual business an individual should always look for products with high margins, high demand and less competition either for physical or digital manner. However, many services are sold on internet such as web hosting, domain name registration, software applications and comparison of different products and services. Selling information is another basic option in an online business which is done in two forms, one is subscribing on a website where online articles are available for free and on the other hand e-books are popular and are free, they can be downloaded easily plus when the writing is done the cost of subscription is very low. Advertising on internet leads toward a lot of money though it's an expensive procedure, with a lot of traffic on a web site one can make money easily by joining any kind of ad network such as Google. By getting affiliated with another web site can also make a lot of money such as sending a buyer on another merchant's web page, like this one can get a percentage on per sale basis but first an individual needs to get expert in marketing for search engines.
Electronic Commerce as popularly as E-commerce has become a big deal in our growing economy due to the increase use of online systems. E-commerce now of the fastest growing business in the world. The technology has change the way of business. Business that have physical location have now made it an effort to focus their online business. It is the new sort of business platform where you can make use of different technologies like electronic data interchange or transfer document electronically. Online business is an effective of sales.