Why e-business?
Implementing your e-business plans can make your effective processes more Effective, Efficient and Economical… Yes, the three E’s can be achieved with a properly planned e-business strategy.
Looking back to our definition of e-business, “e-business or electronic business refers to the use of telecommunication networks, like the Internet, to conduct business.” it becomes clear that e-business allows you to connect with employees, customers/clients, suppliers and just about anyone else you want regardless of geographical location.
So e-Business makes it possible to automate many processes and by automating these processes you eliminate/reduce human functions from otherwise time consuming activities. Efficiency is improved with faster processing and reduced errors in routine data processes and business interaction.
We are in an era were you need to use the technology that’s available to stay in business. Something as simple as not having an email address can turn a potential client toward your competitor who does have an email address and the same applies to having a website.
I’ll get into the importance of a website with my next post.
