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How Information Technology change the world of Business? Why EBusiness plays a very important role in business activities today?
Critical Thinkin g
1. Introduction
The Internet has completely influence customer relationships. The transformation began with the dot-com explosion, which created a new type of company whose entire business model was predicated on Web acceptance and usage. Todays business environment is more than face to face transaction. All of the companies are able to post their products on Web to be advertised which is call E-business. E-business refers to all types of transactions over the Web. These companies Yahoo, Amazon, eBay and Google took advantage of the Web in all aspects of their business. Soon, other companies like Apple, Nokia, HTC and other have to satisfy customer expectations to procure their goods and services over the Internet by operated with other online web page companies.
(http://www.essortment.com/hobbies/historyamazonc_ttas.htm). Both companies play a very important role to satisfy the consumers to shop online.
Critical Thinkin g
Nowadays, purchase online is very popular. A recent study estimates that 40% of all Internet users have made at least one online purchase (Angus Reid, 2000). E-business implied that Information Technology must prove itself in an interactive and distributed context of economic value creation. Technology push, market pull both plays their role in driving Ebusiness forward. It offers consumers much more convenient of choosing their products not only suitable price but also a good quality as well and the opportunity to make comparison over the items they want to purchase. The buying experience considers a leading wireless provider (Commerce Times News). They recently launched an E-Business solution with enhanced guided selling and configuration based on business rules that drive product and service options. In an environment characteristic of the B2B world, both business and customer consumer can select equipment from a huge catalog of options and compare as many as five different packages that include phones, service agreements, pricing and the cost to add more lines. The "experience" also includes guidance on which plans best suit customers' needs and suggestions about accessories to buy immediately.
4. Expected Findings
In this dissertation proposal the only expectation is to indentify how Business Information Technology improves their business in term of E-business. How the e-business play as the important media in the business in the new era. In addition, to understand how business provide benefit to the firm. The result of this dissertation will let the new business understand the way of business use information system to facilitate their business.
Moreover, the researcher will study the most of attainable data from books, online journals, and other available sources, to carry out this project and also help to analyze how Ebusiness plays a very important role in business transaction.
Critical Thinkin g
6. References
Dryden, J. (2001), consumer is the online market place OECD Berlin 13-14 March Wal-Mart.com [Online] Available at:
2001. -
http://walmartstores.com/aboutus/
http://www.essortment.com/hobbies/historyamazonc_ttas.htm
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- Lynda M. Applegate, excerpt from the E-Business Handbook (The St. Lucie Press, 2002); available from http://hbswk.hbs.edu/tools/print-item.jhtml?id=3007&t=ecommerce; accessed 26 September 2002. Journal. Amit, R., Zott, C. (2001) Value Creation in E-Business. Strategic Management
Bibliography
http://walmartstores.com/aboutus/ Walmart was founded in 1962, with the opening of the first Walmart discount store in Rogers, Ark. The company incorporated as Wal-Mart Stores, Inc., on Oct. 31, 1969. The company's shares began trading on OTC markets in 1970 and were listed on the New York Stock Exchange two years later.