E-Business in the Future

Topics: Internet, Electronic commerce, Instant messaging Pages: 4 (1208 words) Published: March 4, 2011
Essay for “Academic English”
Lecturer: Leo D’Arcy

The future of E-business in the next ten years

By George (Hongjun Jiang)
Student Number: 1563617

The future of E-business in the next ten years

1. General introduction of e-business
Human being is experiencing a great era of “e-everything”. According to Dave Chaffey, Electronic business (E-business) is “All electronically mediated information exchanges, both within an organization and with external stakeholders supporting the range of business process”.

E-business is one style of business which was a result of the development of computer and internet technology. What effect E-business has brought and will bring to us in the future?

2. The impacts are going on in serious areas:
Actually e-business has had and will continue a more or less impact on numerous sectors: People: buyers, sellers;
Public Policy: Taxes, Technical standards, Privacy issues;
Marketing and Advertisement: Market research, Promotions;
Support services: logistics, payments, security system development; All the above need governments and organizations to operate a international cooperation. That is to say, e-business will enhance the international and regional modulation.

3. The future possible models and problems of e-business 400 If we look back, during the process of developments, e-business has undergone curiousness, suspicions, high-speed process and reverse. However, as a new technology and new business style, more conveniences and benefits would be supplied to the public, in spite of some problems.

There are a great number of successful companies with different models, including: B2B, B2C, C2C and C2B. The following three styles will be possibly more popular in the future as it is closer to the customers.

A. Professional companies or website to supply a platform to buyers and sellers, no direct participation in buying and selling: One good example is eBay Inc., the biggest on-line auction and shipping...

References: 1. “E-Business and E-Commerce Management” ( Dave Chaffey, 2002, P18, P292)
2. “The internal reform in ‘360buy’ ” (Wei Jiang, Business value, July,2010)
3. www.paypal.com
4. www.360buy.com
5. www.wikipedia.org
6. “京东垂直到综合之战”(the war of verticality to comprehensiveness)(互联网周刊“Internet weekly”,7th, 2010)
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • E business Individual Appendix Essay
  • E-Business Essay
  • e-business Essay
  • The impacts of TAOBAO(business to customer) on E-business in China. Essay
  • E-Business in China Essay
  • Essay about E-Business
  • E-commerce Business Plan Essay
  • E Business and E Commerce Essay

Become a StudyMode Member

Sign Up - It's Free