E-business Essay Example | Topics and Well Written Essays - 4000 words - 3

E-business - Essay Example It has been apparently observed that despite facing various challenges and ethical issues associated with the e-business practice of enterprise system, this particular system contributes significantly in organisational management, which is further identifiable in terms of improved management decision-making and effective utilisation of the accessible resources. The prime intention of this report is to analyse an electronic business system, having a noteworthy contribution to organisational management. Theoretically, the notion of electronic business system, also acknowledged as e-business, is regarded as a set of innovative technologies, tools as well as systems that assist in conducting business through online or internet (Macmillan Publishers Limited, n.d.). The application of internet medium for conducting business online is typically viewed as one of the biggest forces, which has contributed in changing the 21st century business scenario drastically. It is worth mentioning that the notion of electronic business system not only deals with buying as well as selling of products through online but also plays a decisive role in serving customers globally, irrespective of geographic and economic hindrances and most vitally, collaborating with business partners effectively (Durbhakula & Kim, 2011). In this modern day context, wherein the enti re business environment is identified to be changing rapidly, the conception of electronic business system or e-business is observed to gain immense significance in the corporate world. It is widely embraced in various industry sectors making the business process smoother and effective (Alter, 2002; Braithwaite, 2002). It would be vital to mention that the notion of e-business has gained its momentum in this present day context amid the marketers due to its innovative features that extend beyond the traditional business functions. In this similar