Emerging Modes of Business

Chapter Analysis

E-Business: Conduct of industry, trade and commerce using the computer network.

E-commerce: Buying and selling of goods and services over internet.

Scope of e-Business:

• B2BTransactions
• B2C Transactions
• C2C Transactions
• Intra B Commerce

Merits of e-business

• More choices
• Improve brand image
• Provide new business idea
• Eliminate middleman
• Operational cost saving

Limitation

• Low personal touch
• Need for technology
• Delay in Delivery
• Access Limitation
• Conflicting laws

Online Transaction

Receiving information about goods placing order receiving delivery and making payment through internet.

Steps of Online Transaction

• Registration 
• Placing an order
• Payment Options – Cash on Delivery. Net Banking, Cheque, Debit Cards, Digital Cash

e-Business Risk

(i) Transaction Risk

• Default in order taking/giving
• Default on delivery
• Default on payment

(ii) Date storage & transmission risk-

Tools for safeguard antivirus

(iii) Risks of threat of intellectual property & privacy.

Resources for e-bushiness implementation

♦ Computer system   

♦ Internet connection

♦ Well designed website

♦ Technically qualified work force

♦ Mechanism for receiving payment

♦ Well developed tele-communication facilities.

Business process Outsourcing (BPO)

System of getting a business task accomplished through an outside agency.

Merits

• Focusing attention 
• Cost reduction
• Provide better services
• Enhance economic development

Limitations

• Confidentiality
• Ethical concerns
• Resentment in the home country
• Sweat - Shopping

Types of outsourcing

• Financial Service
• Advertising Service ,
• Courier Service
• Customer support service

NOTES

Sl	Topic	Download
01	Notes  by Sirajudheen	pdf
02	Notes by Ajith Kanthi	pdf
03  04 05	Notes by Navas PM Notes by Sakeer K K Notes by Binoy George	pdf pdf pdf

PRESENTATIONS

Sl	Topic	Download
01	Presentation by Askar K	pdf
02	Presentation  by Afnas Thrissur	Pdf
03	Presentation by Sandeep Kumar	pdf