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In: Economics

Discuss the main business directions and operations related to networked e-business

Discuss the main business directions and operations related to networked e-business

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Ans....
Throughout the reading this week it became apparent that the business drivers discussed were tightly linked to the business direction.

At first glance it looks to be the opposite of what should be expected, since the drivers operationalize to link to the business direction. It took some time to wrap my mind around this, but it clicked that the link isn’t necessarily the order.
Much like a driver getting into a car, they may be driving, but where arethey going. This led to my understanding that this should be thought of in the reverse order, with the direction pushing the driver.

Let us start with the direction of the business being on time and online, the business understands that they mean that they want timely availability and accessibility for the customer or party from the classification of the e-business .

B2C
The business-to-consumer, or B2C, model of e-business sells products directly to retail consumers online. Amazon.com is an example of a B2C model. The e-business has only an online identity through which it offers a range of products to customers. Other B2C enterprises include bestbookbuys.com and gartner.com. Most B2C models generate revenue from direct sales and processing fees. B2C also is known as electronic retail or e-tail.

B2B
The business-to-business, or B2B, model involves companies using the Internet to conduct transactions with one other. B2B e-business accounts for more than 90 percent of all electronic commerce, according to the U.S. Census Bureau. The main reason for this is the complexity of B2B transactions. Unlike B2C transactions that involve sellers offering products and services and buyers purchasing them, B2B transactions are multifaceted and often involve multiple transactions at each step of the supply chain. B2B businesses generate revenue from direct sales.

C2B
Consumer-to-business, or C2B, is a unique e-business model in which consumers create value and demand for products. Reverse auctions are a common characteristic of C2B models, in which consumers drive transactions and offer their own prices for products. The airline ticket website Priceline.com is an example of a C2B e-business model. The website allows customers to bid for tickets and offer their own prices. Shopping sites such as cheap.com, gilt.com and ruelala.com also are C2B.

C2C
Consumer-to-consumer, or C2C, e-business models enable consumers to behave as buyers and sellers in third-party-facilitated online marketplaces. Craigslist is an example of a third-party marketplace. The company brings together disparate buyers and sellers to conduct business. Other examples of C2C websites include eBay and PayPal. A C2C model generates revenues in several ways, including personal ad fees, membership or subscription fees, sales commissions and transaction fees.


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