Friday, September 13, 2019
Case Study for Internet and E-Business Assignment
Case Study for Internet and E-Business - Assignment Example From the research it can be comprehended that the present e-Business environment has been catalyzed by the growth of the ecommerce concept since the early part of this century. The term ââ¬Å"E-Businessâ⬠essentially means the process of executing business operations as well as key business processes for any organization using the electronic medium or more effectively the internet media. Various organizations around the globe have essentially spent a considerable portion of their finances for the purpose of integration of technology in their key businesses processes through the usage of various advanced level business software suites. The favorable e-commerce environment has significantly contributed to the growth of various e-businesses like Amazon, eBay, Flipkart etc. in the last 10 years and thereby has contributed to the growth of various models of e-Business ranging from B2B, B2C, C2B and even C2C. The B2C (Business to Consumer) model is the business model where organizati ons are the sellers or providers of services and the individual consumers are the buyers. The alignment of this business model with the internet has helped the companies to cater to consumers all around the globe. Since Oxenford Business College is increasingly trying to compete with other business colleges in terms of providing distance as well as online courses, hence, this model can help the college to generate large revenue by connecting to a global community of students. The B2B (Business to Business) model of business increasingly represents the process of conducting businesses between various large organizations, which are increasingly playing the roles of both the buyer and the seller as well. Oxenford Business College can simply take the benefits provided by this business model by the process of rendering online classes to a group of employees of an organization. 3.2 Model analysis with respect to revenue generation Talking in lines of revenue generation, it can be said tha t many large business organizations around the world implement the online version of the B2B and B2C business model through the application of intranets as well as extranets. This integration of technology in their business processes helps them to communicate and execute key business processes with their subsidiaries and consumers on a real time scenario. For the case of Oxenford Business College, it can be said that the online B2C model provides a huge prospect in terms of revenue generation. Through the rendering of online classes and course content, the college can provide educational services to global students. The college can provide the online services through a secured server and students all over the globe can simply access it by paying for the
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.