E-Business and Supply Chain Management
Added on 2020-05-04
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Running head: IMPLEMENT ADVANCED ELECTRONIC TECHNOLOGIESIMPLEMENT ADVANCED ELECTRONIC TECHNOLOGIES[Author Name(s), First M. Last, Omit Titles and Degrees][Institutional Affiliation(s)]
2IMPLEMENT ADVANCED ELECTRONIC TECHNOLOGIESDEFINITIONImplement advanced electronic technologies is defined as the as execution, or the process of carrying out a method or a plan or any other practice by any business organizations in the modern innovations(technology)which are greatly experiencing dramatic changes in order to keep up to the competitive levels in the industry and also to expand its market boundaries[ CITATION Ant11 \l 1033 ]. The process is continuous so as to keep the business organization up to date, it is done in a way that some time is taken to understand the training required, future changes, cost and other requirements before any change or upgrade or changein technology so as to achieve an effective technology.INTRODUCTIONElectronic commerce is the use of the modern information technology to improve the performance of a business in the production of products and services, information technologyboosts the productivity but Due to the fast improvement in technology there are many changes which are taking in business and there is a change from the traditional way of doing business to the modern way, whereby all business starting from retailers to the big companiesare moving to the online platform[ CITATION Dav14 \l 1033 ].All the models of business are now carrying out their transaction online in different contexts, many business are now benefitting from the implementation of the advanced electronic technologies. The capital invested in the business dictates the design of the website of the enterprise such what should be included or not business have an opportunity to choose from awide variety of websites which exist such as customer-to-customer, business-to-customer to business-to-business to business and many more available websites[ CITATION Lia10 \l 1033 ]. Many efforts are being made to improve the e-business as it is considered a better way of
3IMPLEMENT ADVANCED ELECTRONIC TECHNOLOGIEScarrying out business, many security systems are being put in place to ensure that the level hacking and fraud is reduced.1.1The commercial set up of the supplier of the e-commerce products and services should:Electronic products and services refer to the methods which are being used by different business organization to carry out their business without coming into contactwith their customers. The business to supply this product should be able toDelivering the intended services or products within the stipulated time so as to meet the agreement which was upon before the transactions begins[CITATION Nic10 \l 1033 ]Should be able to achieve proper and quality packaging and delivery of the products so as to impress the customer, because there are no physical contacts between the two parties.1.2 E-BUSINESS MODELSI.Business-to-customer model: This type of the model is when a business organizationsells good or products directly to the consumer/customer online without any form of physical contact the order and payment of the products is done on-line[ CITATION Ber09\l 1033 ]. The involved business has only an identity online; the business then offers a wide range of products to its customers. Most of the income which the business-to-customer model gets is from the direct sells which they carry out and the processing fees which is usually demanded before the product is delivered to the customer examples of business organisations which have adopted this model include bestbooksbuys.comII.Business-to-business model: In this model it involves different companies or business organizations using the online platform (internet) to carry out business transactions between one another[ CITATION Mic10 \l 1033 ]. This model of e-business
4IMPLEMENT ADVANCED ELECTRONIC TECHNOLOGIESis the one which is commonly carried out in the world this is because the nature of thebusiness to business tractions are very complex and involves multiple process at each step the income in this type of the model acquires its income through the direct sales which are carried out.III.Consumer-to- consumer: Consumer to consumer model is when both the seller and buyers are both consumers in marketplace online, Craigslist is a good example of the company which offers an online platform for the consumer to consumer market online. The customer to customer model enjoys its income from the direct sales whichare carried out[ CITATION And15 \l 1033 ].IV.Consumer-to-business model. This is a unique e-business model in that the consumers are the one who determine the value of the product the sellers the products to the business organizations or companies. Reverse auctions in this type of the modelare very common. The customers are the one who drives and determines the price of the goods in this model[ CITATION Nic01 \l 1033 ].1.3Arrangement for conducting e-commerceThis is an agreement of various players in the e-commerce have to agree on how their products are to be marketed online and the following arrangement have to be made regarding to the conducting of the business.How to promote partners’ productsTerms and conditions to be observedCompensationStrategic partner’s contentProperty rightsConfidential information
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