Ecommerce ebusiness and elearning -Tu notes

 E-Business 

The Internet is a relatively new means to do business, with the growth of e-business taking off in the 1990's. The Internet provides numerous ways to interact with businesses and has made buying and selling more competitive worldwide. The rate of globalization has been significantly impacted by the Internet, making it easier for people and organizations Separated by distance to communicate and interact with each other. 

E-Business or Electronic Business is the administration of conducting business via the Internet.This would include the buying and selling of goods and services, along with providing technical support through the Internet. E-business can be as simple as just using the Internet to send emails between staff or communicate with suppliers. For example, a successful shop may choose to create a website to promote their business but not actually sell products directly through the Internet. E-Business is a term often used in conjunction with e-commerce, but includes services in addition to the sale of goods. A business can be considered an e-business even if it doesn't buy and sell products over the Internet, as the term refers to business activities that are assisted by the Internet. Electronic business processes include buying and selling products, supplies and services; servicing customers; processing payments; managing production control; collaborating with business partners; sharing information; running automated employee services; recruiting; and more. Ebusiness represents only a fraction of worldwide business, but is one of the fastest growing sectors and provides entrepreneurs with excellent opportunities to enter the market. These days major business firms continuously reconsider their businesses in terms of the Internet, specifically its availability, wide reach and ever-changing capabilities, they are conducting e-business to buy parts and supplies from other companies, collaborate on sales promotions, and conduct joint research. Almost all businesses are now an e-business to at least some extent; however, many have taken a step further and are involved with ecommerce. 

Security of the transaction is the major challenge in e-business but with the secunty features of modern browsers and digital certificates for individuals and compames from a certificate issuer such as Verisign, much of the security concerns of business transaction on 

the Web have abated, ange sins continues to grow. IBM was one of the first companies to use the term ‘e-business’ in October 1997, 

E-commerce 

E-commerce or Electronic commerce specifically refers to ordering, buying, selling and paying for products and services using the Internet, E-commerce is a subset of e-business, which make up the completeness of the business or is used. alongside existing, traditional business models. E-commerce uses the Internet to market, sell and conduct transactions with customers without face-to-face contact between the buyer and seller. Many ebusinesses now conduct all of their operations online and have no physical store that customers are able to visit. 

As the Internet continues to grow in popularity, technology improves and access becomes more widely available, more and more entrepreneurs are expected to capitalize on the potential of using the Internet to operate their business. 

eLearning 

eLearning is the modern way of learning utilizing electronic technologies to access educational curriculum outside of a traditional classroom, which mostly refers to a course, program or degree delivered completely online. Quite simply, e-learning is electronic learning, and typically this means using a computer to deliver part, or all of a course whether it's in a school/college, part of business training or a full distance learning course. eLearning is the network-enabled transfer of skills and knowledge. There are many terms used to describe learning that is delivered online, via the internet, ranging from Distance Education, to computerized electronic learning, online learning, internet learning and many others. The term eLearning is really just an umbrella term which covers a wide set of electronic educational applications and processes such as Webbased learning, computer-based learning, virtual classrooms, and digital collaboration. It includes the delivery of content via network, audio and video recordings, satellite broadcast, interactive TV, and CD-ROM as well as many, many others. These days, smartphones and tablets are becoming the important an easy means of eLearning in the classroom and office. Building organizational partnerships with quality training providers, and combining it with a dedicated experienced technical team and support staff, Virtual College provides the perfectlycombined learning environment, Sffering anyone the chance to take electronic learning to the next level. 


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