Difference Between Traditional and Net Business Models

Added on -2020-02-05

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ContentsAdvent of E business:............................................................................................................................3Challenges to E business:......................................................................................................................3Difference between traditional and net business models:......................................................................4Opportunities of E business:..................................................................................................................4Tutor Vista Global Private Limited:......................................................................................................5The beginning:.......................................................................................................................................5The expansion:......................................................................................................................................5New age digital marketing:....................................................................................................................6Products pricing:....................................................................................................................................6Acquiring of business:...........................................................................................................................6Conclusion:............................................................................................................................................7References:............................................................................................................................................7
Advent of E business:The changing landscape of modern day business and introduction of the new method of doingbusiness, unique products and even newer methods of product delivery has paved way to newbusiness models. Introduction of newer products which were considered mundane even a decade ago has given a new meaning to the fundamental characteristics of business. We will look into the specific characters of E business, its impact on business organisation and the new work culture.E business has caused significant changes to work culture around the world. The new era has dedicated its business structure, both internal and external to digital networks or in other words has become net-centric business. These are now finding the usual business to consumer and business to business transactions models turning to digitalisation and product delivery over the net (Moghaddam, 2015). The usual trend of finding workmen attuned for field job are now keener to learn and deliver products through net. The entire value chain of this new business model has sprung managers who are trained and tuned for the complex challenges of electronic business.The steady decline of technology cost and higher productivity has encouraged many trendsetters to enter into this field and create history in E Business. The advent of technology based product delivery has also created a challenge to deliver these across the globe 24 x 7. Whether we are looking at business negotiations or customer engagement, everything is done digitally.Challenges to E business:Technology has driven business even earlier and products that were produced manually were streamlined with the introduction of machine and batch production. Technology revolution then brought in information exchange through internet. The concept of this technology has not only disrupted the idea of time and space but also gave a new meaning to speed of

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