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Unformatted text preview: reduce inventory o Ex. Dell and Jeans • Interactivity . Customers and suppliers can negotiate prices online. • Right-time and integrated marketing . Online retailers provide products when and where customers want them and promotions can be directed to individual customers. • Cost savings . E-business can reduce costs. Some E-Business Successes • University of Phoenix • FreshDirect • Boston Symphony Orchestra • Apple’s iTunes • Amazon.com Business-to-Business (B2B) • Total $2.5 trillion • 90% of all e-commerce activities Electronic Data Interchanges, Extranets, and Private Exchanges • Electronic Data Interchange (EDI)...
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- Spring '08
- Microeconomics, Instant messaging, web sites, online retailers, Electronic Data, Boston Symphony Orchestra