Business application of internet
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Transcript of Business application of internet
Muzfar Basheer PV
E-business (electronic business) is the conducting of business on the Internet, not only buying and selling but also servicing customers and collaborating with business partners.
E-business types:
CONSUMERS
C2C
BUSINESS
B2B
ADMINISTRATION
B2C
E-business category
[ E-banks
[ E-trade
[ E-consulting
[ E-engineer
[ E-learning
[ E-marketing
[ E-transactions
An example for e-bank
An example for e-trade
An example for e-consulting
An example for e-engineering
An example for e-learning
An example for e-marketing
Business Uses of the
Internet
Gather
Information
Collaborate with
Others
Cross-Functional
Applications
Vendor Support &
Communications
Marketing, Sales
& Customer Service
Research
Competitors
Publish
Information
Sell Products or
Services
Communicate
Internally
Purchase Products
or Services
Customer
Support & Service
ERP (enterprise resource planning)
GENERAL LEDGER REPORTING
PROJECT COSTING
ANNUAL REPORTS
BUDGETING
Barcode Readers
Hand Held Terminals (HHT)
Computerized Records
Online Booking
Public Access Information Kiosks
Special purpose Information kiosks
EMPLOYEE SAVINGS PLANS
BENEFITS ENROLLMENT
ON-LINE TRAINING
JOB POSTING
QUALITY MEASUREMENTS
MAINTENANCE SCHEDULES
DESIGN SPECIFICATIONS
MACHINE OUTPUT
ORDER TRACKING
COMPETITOR ANALYSIS
PRICE UPDATES
PROMOTIONAL CAMPAIGNS
SALES PRESENTATIONS
SALES CONTRACTS
‘All electronically mediated information
exchanges between an organization and its
external stakeholders’
Examples:
Buying books online (transactional)
Selecting a car online (informational)
Interacting with brand online (relationship building
/ experiential, e.g. www.tango.com)
Asking a customer service query, e.g.
www.easyJet.com
Can my business benefit from e-commerce?
[ Reduce administrative and operating costs
[ Reduce inventory costs
[ Reduce the cost of procurement
[ Improve customer service and satisfaction
[ Streamline procurement procedures
[Increase communication efficiency and interaction with
employees, vendors, customers and strategic partners
[ Increase revenues and profit margins
A management information system (MIS)is the
study of people, technology, organizations and the
relationships among them. MIS professionals help
firms realize maximum benefit from investment in
personnel, equipment, and business processes.
A Decision Support System (DSS) is a computer-
based information system that supports business or
organizational decision-making activities. DSSs serve the
management, operations, and planning levels of an organization
(usually mid and higher management) and help to make decisions,
which may be rapidly changing and not easily specified in advance
(Unstructured and Semi-Structured decision problems). Decision
support systems can be either fully computerized, human or a
combination of both.
Andy Grove, Chairman of Intel
Andy Grove, Chairman of Intel, one of the early adopters of e-commerce, has made a meteorological analogy with the Internet. He says:
Is the Internet a typhoon force, a ten times force,
or is it a bit of wind? Or is it a force that
fundamentally alters our business? (Grove, 1996)
35% Cost Savings
32%Customer
Service
18% RevenueGeneration
13%Marketing
2%Other
Lower Costs Global Access
Improved
Service
Empowers
Business
Proactive Service Priority
Responsiveness