Questions answered by e-business model
29 ديسمبر 2021 2021-12-29 0:23Questions answered by e-business model
Write one of the questions answered by e-business model
What are the key elements of an e-business?
E-business involves several major components: business intelligence (BI), customer relationship management (CRM), supply chain management (SCM), enterprise resource planning (ERP), e-commerce, conducting electronic transactions within the firm, collaboration, and online activities among businesses.
how the money flows directly through sales or advertisements
how would this business go online
Why are we going online?
For impoving our brand position, to promoter the business across various geographies and to eliminate intermediaries
Usually any business would start just seeking for profits but for earning that profit that business have to offer unique service or product to attract the consumers and to achieve that there is must be a business model including some components such as identifying the specific audience, establishing business processes, etc. To find the right customer for the firm, customer based model should be taken into consideration to determine if its going to be business to business (b2b) kind of trade or other forms.
?Why are we doing the business
? And who are our target customer
(Core business focus )