EBusiness Strategy4 - Topic in Instruction Essay

EBusiness Strategy4 - Topic in Instruction - Essay Example While e-business is derived from similar terms such as "e-commerce," and "e-mail", which is also the conduct of business on the Internet, however it does not only encompass purchasing and selling but also providing support for customers and communicating and collaborating with business associates and stakeholders (Rouse, 2005). Without a doubt, e-business is the innovative and revolutionary form of e-commerce. At the present, the majority of business organizations is adopting e-business tools and applications for instance customer relationship management (CRM), enterprise resource planning (ERP) and e-procurement to transform customary business practices into internet supported activities. In addition, a number of researchers have favored this point of view. For instance, e-business and ecommerce work collectively. In this scenario, they form a both front and back-office frameworks that establish the structure of contemporary business. Moreover, the business organizations use e-busin ess as an overall strategy, while e-commerce is believed to be a very important component of e-business strategy (Viehland, 2000). The Internet allows business organizations to without problems look into the external and internal business structure with the purpose of collecting and analyzing data that could be utilized for effective decision making by business executive. In this scenario, these data can be used for making decisions regarding allocation of resources in a way that comply with industry or organizational standards and take the maximum benefit of accessible resources. It is an admitted fact that the use of the Internet allows business organizations to communicate and share data, ideas and decisions easily and quickly. The research has shown that the internet allows business organizations to benchmark from other organizations’ strategies that could be followed to attain certain objectives (Answers Corporation, 2013; Yourdon, 2001, p. 81). Without a doubt, the Inte rnet has significant impact on all the areas of a business. In the same way, it influences the way a business plans its strategies. For instance, the Internet is a huge source of information, and it provides significant information on every topic. The planning for e-business strategy starts with the motivation. Of course, the internet plays a significant role and significantly influences the motivation process. For instance, if the top manager or CEO of a firm (let’s say Company A) visits the web site of amazon.com and impressed by its e-business strategy. In fact, the amazon.com is a huge internet based business and the majority of the Internet users known about this business. In this scenario, this website works as a source of motivation for the CEO of Company A. This source of motivation will force the CEO to establish and plan a strategy that could attract more and more customers (following the example of amazon.com). As discussed above, the Internet is full of informatio n. For instance, if the CEO and management of Company A do not know what strategies and ways Amazon.com Company has adopted to attract a large number of customers then the Internet can help Company A find out ways to process planning steps. In this scenario, the Internet can be used to access information on Amazon’s e-business strategies. In fact, internet will not only provide the information regarding their strategies