E-BUSINESS

-Internet is a powerfu channel that presents new opportunities for an organizational

: touch customers

: enrich products 

:services with information 

: reduce costs

(E-commerce)

The buyimh and selling of goods and services over the internet.

(E-business)

The conducting of business on the internet including , not only buying and selling, but also serving customers and collaborating with business partners

(E - business models)

(Definition)

-Business to business (b2b)

Electronic marketplaces : interactive business communities providing a central market where multiple buyers and sellers can engage in e-business activities.

-Business to consumer (b2c)

E-shop : a version of a retail store where customers can shop at any hour of the day without leaving their home or office.

E-mall : consits of a number of e-shops.

-Consumer to business (c2b)

Priceline.com is an example of a c2b e- business model.

The demand for c2b e-business will increase over the next few years due to customer's desire for greater convenience and lower princless.

-Consumer to consumer (c2c)

(Online auctions)

Electronic : seller and buyer solicit consecutive bids from each other.

Forward : seller use as a selling channel to many buyers and the highest bid wins.

Reverse : buyers use to purchase a products or servise, selecting the seller with the lowest bid.

(Communities include)

Interest : people interact with each other on specific topics.

Relations : people come together to share certain life experiences.

Fantasy : people participate in imaginary environments.

E-BUSINESS BENEFITS AND CHALLENGES

1. Highly accessible

2. Decreased cost

3. Protecting consumers

4. Increasing liability

(WEB MASHUP)

Web site that usea content from more than one source to create a completely new service.

- Application programming interface ( API)

-Mashup editor