Question
Read the extract below and answer ALL the questions that follow. E-Business Requirements For Flexibility And Implementation Enterprise System: A Review E-Business (electronic business) is
Read the extract below and answer ALL the questions that follow. E-Business Requirements For Flexibility And Implementation Enterprise System: A Review E-Business (electronic business) is a term which used to define or describe a business management method via the Internet using a set of tools and IT technology. E-business encompasses e-government, e-society, e-learning, ecommerce, e-enterprise and more. These electronic businesses facilitate the company processes consisting of buying and selling products, online services sharing information online advertising and more. Any business done by using Internet technology to enhance productivity will be defined as E-Business. It has benefits for firms by giving chances to compete and react to the unpredictable environment and marketplace changing and it has a main role in the worlds economy with more flexibility and efficiency which help the firms to enhance competitiveness. E-business modeled as short-term and dynamic relationships between suppliers and consumers dominate. Generally, the enterprise system concept embraces several kinds of business systems the most common systems are supply chain management (SCM), enterprise resource planning (ERP), and customer relationship management (CRM). Center procedures and information stream across business functions is done by integration those systems. Also, offered on a module basis (manufacturing, finance, inventory, purchase, sales, and human resources). Ebusiness correlated with ICT and World Wide Web to improve variety activities such as companys processes. The processes can be classified into three main categories: production processes (payments) client processes (customers requests processing) and administration processes (video-conferencing, sharing information). Companies deciding on transforming into an e-business (either partially or completely) will have to consider the relevant risks (ethical and/or security) before the implementation.
QUESTION 1 Companies deciding on transforming into an e-business (either partially or completely) will have to consider the relevant risks (ethical and/or security) before the implementation. Due to the lag in laws in keeping up with technologies and innovative ways of conducting e-business, the e-business managers and executives have to rely on ethics in order to move forward with e-commerce. Analyse and report on the ethical and legal consie-commerce management of ebusinesses have to follow or rely on for e-commerce.
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