Tag: Definitions

E-Business (e Business) – Definitions and Ways to Create it Better #business #magazines


#e business

#

e-Business

There are many definitions of e-business, for example we can defines e-business as any net business activity that transforms internal and external relationships to create value and exploit market opportunities driven by new rules of the connected economy. actually the word e means electronic so it means business via electronic channels as website, social networks and emails. Therefore e-commerce is result of e business.

e-Business Definition

First of all, look at the word e-business, it includes from two words 1- e 2- business so we can define it electronic business however, it is more than an absolute state of a company and it targets the market opportunities of conducting business under new electronic channels. which revolve around the Internet.

e-business communications in markets

e Business Range

This is an acknowledgement that e business comes in many forms and can be implemented to a very small or a large degree. It is also an acknowledgement that the Internet is an essential component of an e-business strategy. Laudon and Laudon s (2002) definition of e-business, as the use of the Internet and other digital technology for organizational communication, coordination and the management of the firm, encompasses these different adaptations. In the broadest possible terms, however, e-business is an electronic way of doing business. The fact that the value proposition of e-business includes the creation of new market opportunities through electronic channels, should not be ignored as these electronically channeled market opportunities enable companies to lower transaction costs, reduce delivery times, improve customer services, and add convenience.

This site is concerned with the implementation of e-business in the construction industry. In this context, e-business is defined broadly as the conduct of construction business by electronic means.

This fits with broad definitions of the term e-commerce exemplified by the definitions below:

  • The Organization for Economic Cooperation and Development (OECD): The electronic exchange of information that support and govern commercial activities including organizational management, commercial management, commercial negotiations and contracts, legal and regulatory frameworks, financial settlement arrangements and taxation (OECD,1999).
  • Learnthat. e-Commerce is not just about buying and selling online, but also includes all forms of business activities that are conducted over the Internet (e.g. the business-to-business flow of information between companies or within a company, communication between businesses, online advertising, etc.).
  • Kalakota and Whinston: e-Commerce at its grass root level can be described as an electronic method of doing business, typically over the Internet. Broadly defined, however, eCommerce is a modern business methodology that addresses the needs of organizations, merchants and consumers to cut costs while improving the quality of goods and services, and increasing the speed of service delivery .

Thus, the term, e-business, as used in this site should not be considered synonymous with narrow definitions of e-commerce as the process of buying and selling goods and services online.

Post navigation


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E-Business (e Business) – Definitions and Ways to Create it Better #business #process #management


#e business

#

e-Business

There are many definitions of e-business, for example we can defines e-business as any net business activity that transforms internal and external relationships to create value and exploit market opportunities driven by new rules of the connected economy. actually the word e means electronic so it means business via electronic channels as website, social networks and emails. Therefore e-commerce is result of e business.

e-Business Definition

First of all, look at the word e-business, it includes from two words 1- e 2- business so we can define it electronic business however, it is more than an absolute state of a company and it targets the market opportunities of conducting business under new electronic channels. which revolve around the Internet.

e-business communications in markets

e Business Range

This is an acknowledgement that e business comes in many forms and can be implemented to a very small or a large degree. It is also an acknowledgement that the Internet is an essential component of an e-business strategy. Laudon and Laudon s (2002) definition of e-business, as the use of the Internet and other digital technology for organizational communication, coordination and the management of the firm, encompasses these different adaptations. In the broadest possible terms, however, e-business is an electronic way of doing business. The fact that the value proposition of e-business includes the creation of new market opportunities through electronic channels, should not be ignored as these electronically channeled market opportunities enable companies to lower transaction costs, reduce delivery times, improve customer services, and add convenience.

This site is concerned with the implementation of e-business in the construction industry. In this context, e-business is defined broadly as the conduct of construction business by electronic means.

This fits with broad definitions of the term e-commerce exemplified by the definitions below:

  • The Organization for Economic Cooperation and Development (OECD): The electronic exchange of information that support and govern commercial activities including organizational management, commercial management, commercial negotiations and contracts, legal and regulatory frameworks, financial settlement arrangements and taxation (OECD,1999).
  • Learnthat. e-Commerce is not just about buying and selling online, but also includes all forms of business activities that are conducted over the Internet (e.g. the business-to-business flow of information between companies or within a company, communication between businesses, online advertising, etc.).
  • Kalakota and Whinston: e-Commerce at its grass root level can be described as an electronic method of doing business, typically over the Internet. Broadly defined, however, eCommerce is a modern business methodology that addresses the needs of organizations, merchants and consumers to cut costs while improving the quality of goods and services, and increasing the speed of service delivery .

Thus, the term, e-business, as used in this site should not be considered synonymous with narrow definitions of e-commerce as the process of buying and selling goods and services online.

Post navigation


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What is a social enterprise? What is a social business? Definitions by ClearlySo #business

#social business

#

Our Blog

What is a social enterprise? Defining social enterprise and social business

19th September 2015

Over the past few years, as ClearlySo has grown and changed, the most common questions we have been asked are: What is a social enterprise? and What is a social business? .

We used to have a definition for each of these different phrases. We knew underneath both simply meant an organisation that seeks to be financially successful while creating social and/or environmental impact. It has commercial goals and it has impact goals it is really not that complicated.

With famous examples of these kinds of businesses Green and Blacks. Divine Chocolate or Ben and Jerry s people can understand what it means to consider social impact alongside financial return.

But sometimes it has felt pretty complicated. We ve all made diagrams like this one:

We argued in 2010 that The Time for Social Enterprise is Now :

Many people who approach us ask how social enterprises make their money, or how a social enterprise is different from a business (or indeed how it is different from a charity). Because there is such a range of high-impact organisations operating in such a myriad of ways, these questions are impossible to answer precisely except that, simply put, these businesses have impact and financial success at their core.

Sometimes it is useful to consider some organisations as impact first , like charities, and some as purely for profit . This spectrum of organisation types shows the range of organisations working to create change and there are many. It s also very limiting. Considering the landscape as charity vs. company or social enterprise vs. social business obscures the wider movement that sees business and finance as a force for good.

It means considering the majority of businesses (that do not exist with positive social impact as a core metric for business success) against then a small niche for charities, social enterprises, social businesses, co-operatives, mutuals, BCorps. community interest companies (that list just keeps getting longer). It means disregarding the idea that all businesses have an impact. Some have overwhelmingly positive impacts, some have overwhelmingly negative impacts, and many fall somewhere between the two.

Although these labels can be extremely useful (think about the Cabinet Office using legally defined social enterprise to determine who is eligible for social investment tax relief ), and many of our clients are examples of those who define themselves as social businesses or social enterprises. we work with all kinds of high-impact businesses.

Charities like the London Early Years Foundation are run as businesses; they run sustainable models that support their growth and their impact aims. Yes, they may reinvest their profits: this does not mean that they themselves are non-profit while traditional companies are for-profit . Profit, as June Sullivan. their CEO, explains, is not a dirty word.

Justgiving is an online donation platform that has revolutionised how we give to charity and it is a business.

Businesses can be early-stage ventures or they can be long-established companies that consider every aspect of their social and environmental impact, like HCT. It doesn t matter to us whether a company is structured as a charity, a company limited by shares, or a community interest company: what matters to us is what they do, how they plan to grow their business, and how they create social or environmental change.

For these businesses, the financial bottom line matters, and so does the social or environmental impact. We have over 5,000 of these businesses in our network, many of which are growing rapidly. We believe that these businesses can be both high-return and high-impact; we do not see an impact see-saw where investors and businesses trade off financial returns in order to achieve social impact.

In any industry, different types of businesses have different risk and return profiles. We are simply adding impact to the equation. All businesses have an impact, we just believe they should be accountable for it and we want to help those businesses that create positive impacts to thrive. We envision a future where if you don t care about your social impact, you won t have a sustainable business.

Where great business is founded upon great principles, it is possible to do good while doing well where enterprise and investment are powerful forces for good.

Image: Aduna. whose superfruits create sustainable livelihoods in sub-Saharan Africa.


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Life Insurance #life #insurance #definitions #and #terms


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Life Insurance

BREAKING DOWN ‘Life Insurance’

The goal of life insurance is to provide a measure of financial security for your family after you die. So, before purchasing a life insurance policy, consider your financial situation and the standard of living you want to maintain for your dependents or survivors. For example, who will be responsible for your funeral costs and final medical bills? Would your family have to relocate? Will there be adequate funds for future or ongoing expenses such as daycare, mortgage payments and college? It is prudent to re-evaluate your life insurance policies annually or when you experience a major life event like marriage, divorce, the birth or adoption of a child, or purchase of a major item such as a house or business.

How Life Insurance Works

Life insurance is a contract between an individual with an insurable interest and a life insurance company to transfer the financial risk of a premature death to the insurer in exchange for a specified amount of premium. The three main components of the life insurance contract are a death benefit, a premium payment and, in the case of permanent life insurance, a cash value account.

Death Benefit: The death benefit is the amount of money the insured’s beneficiaries will receive from the insurer upon the death of the insured. Although the death benefit amount is determined by the insured, the insurer must determine whether there is an insurable interest and whether the insured can qualify for the coverage based on its underwriting requirements.

Premium Payment: Using actuarially based statistics, the insurer determines the amount of premium it needs to cover mortality costs. Factors such as the insured’s age, personal and family medical history, and lifestyle are the main risk determinants. As long as the insured pays the premium as agreed, the insurer remains obligated to pay the death benefit. For term policies, the premium amount includes the cost of insurance. For permanent policies, the premium amount includes the cost of insurance plus an amount that is deposited to a cash value account.

Cash Value: Permanent life insurance includes a cash value component which serves two purposes. It is a savings account that allows the insured to accumulate capital that can become a living benefit. The capital accumulates on a tax-deferred basis and can be used for any purpose while the insured is alive. It is also used by the insurer to mitigate its risk. As the cash value accumulates, the amount the insurer is at risk for the entire death benefit decreases, which is how it is able to charge a fixed, level premium.


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Cambridge English Dictionary: Meanings – Definitions #social #business


#business dictionary

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English

  • a
  • A E
  • a (heavy) cross to bear idiom
  • a (quick/brisk) trot through sth idiom
  • a (whole) heap of sth idiom
  • a bad workman blames his tools idiom
  • a banner year/season/month/week idiom
  • a baptism of/by fire idiom
  • a big ask idiom
  • a big/great girl’s blouse idiom
  • a bird in the hand (is worth two in the bush) idiom
  • a bird’s eye view idiom
  • a bit of a lad idiom
  • a bit of fluff/stuff/skirt idiom
  • a bit of rough idiom
  • a bit on the side idiom
  • a bite (to eat) idiom
  • a bitter pill (to swallow) idiom
  • a blanket of sth idiom
  • a blast from the past idiom
  • a blessing in disguise idiom
  • a blinding flash idiom
  • a blitz on sth idiom
  • a blot on sb’s character idiom
  • a blot on the landscape idiom
  • a bolt from the blue idiom
  • a bolt from/out of the blue idiom
  • a bone of contention idiom
  • a boot/kick up the/your backside idiom
  • a breath of fresh air idiom
  • a bunch of fives idiom
  • a bundle of laughs idiom
  • a bundle of nerves idiom
  • a cappella
  • a change is as good as a rest idiom
  • a cheap shot idiom
  • a chicken and egg situation idiom
  • a chip off the old block idiom
  • a chip on your shoulder idiom
  • a chorus of something idiom
  • a clean bill of health idiom
  • a clean sheet/slate idiom
  • a clean slate idiom
  • a close call idiom
  • a close/near thing idiom
  • a cloud hanging over sb idiom
  • a cloud on the horizon idiom
  • a cog in a/the machine idiom
  • a conflict of interest idiom
  • a credit to someone/something idiom

Key features

Get clear, simple definitions from the British, American, and Business dictionaries with just one search!

Hear the words spoken in British and American English

Thousands of real examples show how words are used

Guidewords take you to the exact meaning you are looking for

The Smart Thesaurus helps you expand your vocabulary with related words and synonyms

Ideal for intermediate to advanced learners of English (CEF levels A2–C2)

Based on the Cambridge English Corpus — a database of 1.5 billion words

Acknowledgements

The dictionaries that you can search together as English on this Cambridge Dictionary website are:

Cambridge Advanced Learner’s Dictionary, 4th Edition

Cambridge Academic Content Dictionary

Cambridge Business English Dictionary


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Hill – Usher #accident, #arson, #auto #insurance, #bid #bond, #boat, #bond, #bonding, #bonds, #burglary,

#

WHY HILL USHER?

As trusted advisors to thousands of businesses and individuals throughout the nation, Hill Usher’s professional team of agents, account managers, support technicians, and other personnel all make the customer experience at our agency unique and special. We represent many of the nation’s premier insurance companies, including:

Acuity, AIG, Allianz, American Liberty, AmTrust Insurance, Badger Mutual, CHUBB Group of Companies, CBIC, Copperpoint Mutual, EMC Insurance Group, Encompass, Fireman’s Fund, Foremost, Great American, Guard Insurance Group, Hanover, Hartford Financial Group, Liberty Mutual, Metlife Auto Home, Midwest Family Mutual, Nationwide, Progressive, Republic Indemnity, RLI, Safeco, Secura, Seneca, Sequoia, State Auto Financial Group, Travelers Property/Casualty, Union Standard/Berkley and United Fire Group.

Interested in starting a CAREER with the Hill Usher Team?

Please click here for more information about Hill Usher and to submit your information to us!

Hill Usher launches instant online rating platform for personal Automobile and Homeowners insurance coverage

We are pleased to offer individuals in Arizona the ability to obtain immediate premium quotations from multiple insurance carriers through our online pricing engine. Please click here to start your quotation today.

Hill Usher also now offers instant online rating AND BINDING for insurance coverage while you are traveling in Mexico!

Arizona’s ABC 15 News Features Richard B. Usher, Hill Usher Principal

Most insurance carriers rely on a consumer’s credit score when determining an insurance buyer’s final rate for home or auto insurance. Like claims history, moving violations, age, sex, marital status, zip code and other factors, a “credit score” is considered by many insurance companies to be a strong predictor of future losses. Is this practice of running one’s credit fair to the insurance consumer? Do you have to provide your social security information to an insurance agent in order to purchase coverage? Are their discriminatory concerns? Does every state permit credit scoring?

In August 2009. ABC 15 contacted Hill Usher’s Richard B. Usher to weigh in on the topic of credit scoring. Click HERE to view the story and video interview.

Focused on Workers’ Compensation

Workers Compensation costs are on the rise in Arizona. Average rates have increased 50% for some employers since 2004.

Hill Usher partners with business large and small by providing competitive Workers’ Compensation policies. View our recent success by clicking here .

Our team of Workers Compensation experts includes former insurance company executives, loss control examiners, claims adjusters, and policyholders.

Whether your firm pays $1,000 per year or $100,000 per year for this coverage, call on Hill Usher to reduce your costs year after year, by:

(1) Managing your claims, including subrogation recovery.

(2) Assisting you with your safety program, early return to work initiative, or on site training programs.

(3) Watching your Experience Modifier.

(4) Providing you with the most cost effective solution, among a variety of insurance carriers, year after year.

For more information, please contact us. Or complete a brief profile online .

Established in 1995, Hill Usher Insurance Surety has grown from a small construction-only insurance agency into a full service agency protecting individuals and businesses working and living across the United States. Over the last fifteen years, the agency’s attention to automation, a quality customer experience, comprehensive staff training programs, and our relationships with the nation’s finest insurance carriers have attracted new clients whose lives and business have grown along with the agency. As the firms Managing Member, Richard B. Usher oversees the operations of the entire agency in conjunction with other management personnel.


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What is a social enterprise? What is a social business? Definitions by ClearlySo #business

#social business

#

Our Blog

What is a social enterprise? Defining social enterprise and social business

19th September 2015

Over the past few years, as ClearlySo has grown and changed, the most common questions we have been asked are: What is a social enterprise? and What is a social business? .

We used to have a definition for each of these different phrases. We knew underneath both simply meant an organisation that seeks to be financially successful while creating social and/or environmental impact. It has commercial goals and it has impact goals it is really not that complicated.

With famous examples of these kinds of businesses Green and Blacks. Divine Chocolate or Ben and Jerry s people can understand what it means to consider social impact alongside financial return.

But sometimes it has felt pretty complicated. We ve all made diagrams like this one:

We argued in 2010 that The Time for Social Enterprise is Now :

Many people who approach us ask how social enterprises make their money, or how a social enterprise is different from a business (or indeed how it is different from a charity). Because there is such a range of high-impact organisations operating in such a myriad of ways, these questions are impossible to answer precisely except that, simply put, these businesses have impact and financial success at their core.

Sometimes it is useful to consider some organisations as impact first , like charities, and some as purely for profit . This spectrum of organisation types shows the range of organisations working to create change and there are many. It s also very limiting. Considering the landscape as charity vs. company or social enterprise vs. social business obscures the wider movement that sees business and finance as a force for good.

It means considering the majority of businesses (that do not exist with positive social impact as a core metric for business success) against then a small niche for charities, social enterprises, social businesses, co-operatives, mutuals, BCorps. community interest companies (that list just keeps getting longer). It means disregarding the idea that all businesses have an impact. Some have overwhelmingly positive impacts, some have overwhelmingly negative impacts, and many fall somewhere between the two.

Although these labels can be extremely useful (think about the Cabinet Office using legally defined social enterprise to determine who is eligible for social investment tax relief ), and many of our clients are examples of those who define themselves as social businesses or social enterprises. we work with all kinds of high-impact businesses.

Charities like the London Early Years Foundation are run as businesses; they run sustainable models that support their growth and their impact aims. Yes, they may reinvest their profits: this does not mean that they themselves are non-profit while traditional companies are for-profit . Profit, as June Sullivan. their CEO, explains, is not a dirty word.

Justgiving is an online donation platform that has revolutionised how we give to charity and it is a business.

Businesses can be early-stage ventures or they can be long-established companies that consider every aspect of their social and environmental impact, like HCT. It doesn t matter to us whether a company is structured as a charity, a company limited by shares, or a community interest company: what matters to us is what they do, how they plan to grow their business, and how they create social or environmental change.

For these businesses, the financial bottom line matters, and so does the social or environmental impact. We have over 5,000 of these businesses in our network, many of which are growing rapidly. We believe that these businesses can be both high-return and high-impact; we do not see an impact see-saw where investors and businesses trade off financial returns in order to achieve social impact.

In any industry, different types of businesses have different risk and return profiles. We are simply adding impact to the equation. All businesses have an impact, we just believe they should be accountable for it and we want to help those businesses that create positive impacts to thrive. We envision a future where if you don t care about your social impact, you won t have a sustainable business.

Where great business is founded upon great principles, it is possible to do good while doing well where enterprise and investment are powerful forces for good.

Image: Aduna. whose superfruits create sustainable livelihoods in sub-Saharan Africa.


Tags : , , , , , , , ,

E-Business (e Business) – Definitions and Ways to Create it Better #small #business #financing


#e business

#

e-Business

There are many definitions of e-business, for example we can defines e-business as any net business activity that transforms internal and external relationships to create value and exploit market opportunities driven by new rules of the connected economy. actually the word e means electronic so it means business via electronic channels as website, social networks and emails. Therefore e-commerce is result of e business.

e-Business Definition

First of all, look at the word e-business, it includes from two words 1- e 2- business so we can define it electronic business however, it is more than an absolute state of a company and it targets the market opportunities of conducting business under new electronic channels. which revolve around the Internet.

e-business communications in markets

e Business Range

This is an acknowledgement that e business comes in many forms and can be implemented to a very small or a large degree. It is also an acknowledgement that the Internet is an essential component of an e-business strategy. Laudon and Laudon s (2002) definition of e-business, as the use of the Internet and other digital technology for organizational communication, coordination and the management of the firm, encompasses these different adaptations. In the broadest possible terms, however, e-business is an electronic way of doing business. The fact that the value proposition of e-business includes the creation of new market opportunities through electronic channels, should not be ignored as these electronically channeled market opportunities enable companies to lower transaction costs, reduce delivery times, improve customer services, and add convenience.

This site is concerned with the implementation of e-business in the construction industry. In this context, e-business is defined broadly as the conduct of construction business by electronic means.

This fits with broad definitions of the term e-commerce exemplified by the definitions below:

  • The Organization for Economic Cooperation and Development (OECD): The electronic exchange of information that support and govern commercial activities including organizational management, commercial management, commercial negotiations and contracts, legal and regulatory frameworks, financial settlement arrangements and taxation (OECD,1999).
  • Learnthat. e-Commerce is not just about buying and selling online, but also includes all forms of business activities that are conducted over the Internet (e.g. the business-to-business flow of information between companies or within a company, communication between businesses, online advertising, etc.).
  • Kalakota and Whinston: e-Commerce at its grass root level can be described as an electronic method of doing business, typically over the Internet. Broadly defined, however, eCommerce is a modern business methodology that addresses the needs of organizations, merchants and consumers to cut costs while improving the quality of goods and services, and increasing the speed of service delivery .

Thus, the term, e-business, as used in this site should not be considered synonymous with narrow definitions of e-commerce as the process of buying and selling goods and services online.

Post navigation


Tags : , , , , , , , , , ,

E-Business (e Business) – Definitions and Ways to Create it Better #find #business


#e business

#

e-Business

There are many definitions of e-business, for example we can defines e-business as any net business activity that transforms internal and external relationships to create value and exploit market opportunities driven by new rules of the connected economy. actually the word e means electronic so it means business via electronic channels as website, social networks and emails. Therefore e-commerce is result of e business.

e-Business Definition

First of all, look at the word e-business, it includes from two words 1- e 2- business so we can define it electronic business however, it is more than an absolute state of a company and it targets the market opportunities of conducting business under new electronic channels. which revolve around the Internet.

e-business communications in markets

e Business Range

This is an acknowledgement that e business comes in many forms and can be implemented to a very small or a large degree. It is also an acknowledgement that the Internet is an essential component of an e-business strategy. Laudon and Laudon s (2002) definition of e-business, as the use of the Internet and other digital technology for organizational communication, coordination and the management of the firm, encompasses these different adaptations. In the broadest possible terms, however, e-business is an electronic way of doing business. The fact that the value proposition of e-business includes the creation of new market opportunities through electronic channels, should not be ignored as these electronically channeled market opportunities enable companies to lower transaction costs, reduce delivery times, improve customer services, and add convenience.

This site is concerned with the implementation of e-business in the construction industry. In this context, e-business is defined broadly as the conduct of construction business by electronic means.

This fits with broad definitions of the term e-commerce exemplified by the definitions below:

  • The Organization for Economic Cooperation and Development (OECD): The electronic exchange of information that support and govern commercial activities including organizational management, commercial management, commercial negotiations and contracts, legal and regulatory frameworks, financial settlement arrangements and taxation (OECD,1999).
  • Learnthat. e-Commerce is not just about buying and selling online, but also includes all forms of business activities that are conducted over the Internet (e.g. the business-to-business flow of information between companies or within a company, communication between businesses, online advertising, etc.).
  • Kalakota and Whinston: e-Commerce at its grass root level can be described as an electronic method of doing business, typically over the Internet. Broadly defined, however, eCommerce is a modern business methodology that addresses the needs of organizations, merchants and consumers to cut costs while improving the quality of goods and services, and increasing the speed of service delivery .

Thus, the term, e-business, as used in this site should not be considered synonymous with narrow definitions of e-commerce as the process of buying and selling goods and services online.

Post navigation


Tags : , , , , , , , , , ,

E-Business (e Business) – Definitions and Ways to Create it Better #inexpensive #business #cards


#e business

#

e-Business

There are many definitions of e-business, for example we can defines e-business as any net business activity that transforms internal and external relationships to create value and exploit market opportunities driven by new rules of the connected economy. actually the word e means electronic so it means business via electronic channels as website, social networks and emails. Therefore e-commerce is result of e business.

e-Business Definition

First of all, look at the word e-business, it includes from two words 1- e 2- business so we can define it electronic business however, it is more than an absolute state of a company and it targets the market opportunities of conducting business under new electronic channels. which revolve around the Internet.

e-business communications in markets

e Business Range

This is an acknowledgement that e business comes in many forms and can be implemented to a very small or a large degree. It is also an acknowledgement that the Internet is an essential component of an e-business strategy. Laudon and Laudon s (2002) definition of e-business, as the use of the Internet and other digital technology for organizational communication, coordination and the management of the firm, encompasses these different adaptations. In the broadest possible terms, however, e-business is an electronic way of doing business. The fact that the value proposition of e-business includes the creation of new market opportunities through electronic channels, should not be ignored as these electronically channeled market opportunities enable companies to lower transaction costs, reduce delivery times, improve customer services, and add convenience.

This site is concerned with the implementation of e-business in the construction industry. In this context, e-business is defined broadly as the conduct of construction business by electronic means.

This fits with broad definitions of the term e-commerce exemplified by the definitions below:

  • The Organization for Economic Cooperation and Development (OECD): The electronic exchange of information that support and govern commercial activities including organizational management, commercial management, commercial negotiations and contracts, legal and regulatory frameworks, financial settlement arrangements and taxation (OECD,1999).
  • Learnthat. e-Commerce is not just about buying and selling online, but also includes all forms of business activities that are conducted over the Internet (e.g. the business-to-business flow of information between companies or within a company, communication between businesses, online advertising, etc.).
  • Kalakota and Whinston: e-Commerce at its grass root level can be described as an electronic method of doing business, typically over the Internet. Broadly defined, however, eCommerce is a modern business methodology that addresses the needs of organizations, merchants and consumers to cut costs while improving the quality of goods and services, and increasing the speed of service delivery .

Thus, the term, e-business, as used in this site should not be considered synonymous with narrow definitions of e-commerce as the process of buying and selling goods and services online.

Post navigation


Tags : , , , , , , , , , ,