Chpt_03 - Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 Acct...

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Unformatted text preview: Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 Introduction to E-Business 3 UAA ACCT 316 Accounting Information Systems Dr. Fred Barbee Chapter Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 E-Business Defined Acct 316 Acct 316 Acct 316 E-Business . . . The use of information technology and electronic communication networks to exchange business information and conduct transactions in electronic, paperless form. Acct 316 Acct 316 Acct 316 E-Business . . . Refers to technology-enabled interactions between individuals and organizations B2C Popular for purchasing books, music, or airline tickets. B2B Has a far larger impact on the economy. Acct 316 Acct 316 Acct 316 E-Business . . . . . .refers to all uses of advances in IT, particularly networking and communications technology, to improve the ways in which an organization performs all of its business processes. Acct 316 Acct 316 Acct 316 Interactions With . . . Suppliers Customers Investors Creditors The government Media Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 E-Business Models Acct 316 Acct 316 Acct 316 E-Business Models Business to Consumers (B2C): Interactions between individuals and organizations. Business to Business (B2B): Interorganizational e-business. Categories of E-Business Type Characteristics B2C Organization-individual Smaller dollar value One-time or infrequent transactions Relatively simple Acct 316 Acct 316 Acct 316 B2C Issues Trust i.e., is this a legitimate business? Security i.e., will this transaction be secure? Categories of E-Business Type Characteristics B2B B2G B2E Interorganizational Larger dollar value Established, on-going relationships Extension of credit by seller to customer More complex Acct 316 Acct 316 Acct 316 B2B Issues Larger, more complex transactions typically between business partners. Accountability Control Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 Report: B2B E-Commerce Gaining Strength Study by Forrester Research and the Institute for Supply Management ( http://www.ecommercetimes.com ) January 17, 2002 Acct 316 Acct 316 Acct 316 B2B E-Commerce Gaining Strength Nearly half of all large U.S. corporations are now using the Internet to cut down on supply costs. 45% of firms that spend US$100 million or more per year on supplies used the Internet in the 4 th Quarter of 2002 (up from 28% in 3 rd Quarter). Acct 316 Acct 316 Acct 316 B2B E-Commerce Gaining Strength 53% described the Internet as very important or critical to purchasing and cost savings plans in 2002. 87% described the Internet as important. Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 Study: E-Commerce to Top $1 Trillion in 2003 Study by IDC ( http://www.idc.com ) January 17, 2002 Acct 316 Acct 316 Acct 316 E-Commerce to Top $1 Trillion in 2003 By the end of 2002, more than 600 million people...
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This note was uploaded on 11/15/2011 for the course I SYS 201 taught by Professor Meservy during the Winter '11 term at BYU.

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Chpt_03 - Acct 316 Acct 316 Acct 316 Acct 316 Acct 316 Acct...

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