Digital Business & New Technologies - BM565

This presentation covers the importance of e-commerce, the technology used, software platforms, and its effectiveness as a business tool in BM565 Digital Business & New Technologies course. It explores the relationship between digital technology and e-commerce, and the theories on business and management.

Digital Business &
New Technologies

TABLE OF CONTENT
 INTRODUCTION
 E-commerce and its importance
 How e-commerce developed
 A detailed description of the technology used
 What technological platforms and software are used
 What type of business and organisation usesE-commerce?
 How is it used as a business tool and is this effective?
 Relationship of digital technology and e-commerce
 Old and newly emerging theories on business and management and their relation with e-
commerce
 CONCLUSION
 REFERENCES

INTRODUCTION
Digital business is termed as the method of executing as well as opting digital
technology in the model of the business as well as transforming the experience of the
consumers of the organization. Innovating any type of goods or facilities on the
regular base that will aid the business in respect to create a new value for the users as
well as link with them in an effective manner.

E-commerce and its importance
Electronic commerce or the ecommerce is known as marketing as well as purchasing
of the product or facilities digitally with the help of the Internet. It can also refers to
another various digital exercises which are banking, ticketing and option as well as
many more. In accordance to the present economy of the world hi commerce has
enhanced majorly and now became a key factors of the tactics of the business as well
as the encouragement for the growth of the economy.

How e-commerce developed
The tendency are dynamic in market as they always keep on fluctuating and
management requires to manage the changing trend more efficiently. There are
several reliable up gradation measured by the commercial companies.

A detailed description of the technology
used
The technology use in the platform of ecommerce are supply chain management,
automatic collection of the data, management system of the inventory, Electronic data
interchange, mobile commerce, digital fund transfer, online marketing and many
more.

What technological platforms and software
are used
The use of such online software's or mediums which are also support in increasing
the audience or the consumer base. The main software's are the platforms of e
commerce are described below in brief.
 Software as a service and Platform as a service
 On-Premise platforms

What type of business and organisation
usesE-commerce?
There are various kinds of the commercial companies which take the support of these
east commerce platforms. The organization which requires to trade their goods with
the support of the Internet in which organizational can opt business to business and
can also sell their product with the support of platforms of ecommerce.

How is it used as a business tool and is this
effective?
 Digital payment system
 Advanced analytics and tracking
 Shipping services

Relationship of digital technology and e-
commerce
E-Commerce have direct dealings with the modern digital technique that can
be manage with the support of growth in digital technique that will help E-
Commerce. By upgrading the regular invention the thought of e-commerce is being
frames. It supports to form the requirement of buyers in enable them to make
purchase by their official websites. Such technique have supported to understand
about the pattern in that the consumer dealings can be managed.

Old and newly emerging theories on business and
management and their relation with e-commerce
 Classical management theory
 Modern Management Theory

CONCLUSION
From the above mentioned report, it is concluded that the digital courses of
technology should be utilised by the several managerial platforms in order to
accomplish their comparative section of benefits. The using of e-commerce is also
one of the latest term of data technology that involve several significance of e-
commerce and their technique in the role of this report.

REFERENCES
 Chaffey, D., Edmundson-Bird, D. and Hemphill, T., 2019. Digital business and e-
commerce management. Pearson UK.
 Jehangir, A., 2018. We are satisfied with the performance of EFI Reggiani digital
printing machines and have been investing in their latest technology since 2012.
Pakistan Textile Journal, 67(12), pp.37-37.
 Beulen, E. and Ribbers, P.M. eds., 2020. The Routledge Companion to Managing
Digital Outsourcing. Routledge.
 Pandey, N., Nayal, P. and Rathore, A.S., 2020. Digital marketing for B2B
organizations: structured literature review and future research directions. Journal
of Business & Industrial Marketing.

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