Impact of E-commerce on Business Systems Dissertation

Impact of E-commerce on Business Systems - Dissertation Example Various attempts have been made to make specific distinctions of the e-business models that exist across the globe but this has resulted in new theories and propositions. But simply understood an e-business model implies to an approach taken by a company to become a profitable venture on the electronic media commonly referred to as the electronic commerce. It spells out how a firm generates revenue by specifying the position of the firm in the value chain. E-business has impacted all aspects of business processing with the use of appropriate technology and trends. Business trends such as total quality management, business process re-engineering and global outsourcing have led to increased automation of work processes, integrated systems for the purpose of greater customer service efficiency. Increased connectivity and customer service approach has re-defined the way businesses are operating today. The research study provides a deeper assessment of how e-commerce has impacted business systems. The findings of the research suggest that e-commerce business models have contributed to creating operational efficiencies and increased focus on exploiting the power of information to drive competitive advantage for firms. Introduction This section provides an introduction to the research study and a background overview of the research topic. ... ch context Business models and systems have undergone rapid transformations over the past few decades with organizations adapting to innovative applications and evolving market trends. Managers have focused their strategies on creating an enabling environment for business processes by adopting new business models that provide the organization with the flexibility and efficiency to venture into new markets and increase revenues. Businesses are set of activities or processes that help in the creation of goods or services for generating revenues. The objective of business is to generate revenues and profits for the owner. Since ancient times, businessmen have adopted new and enterprising means of making money by producing something of value for which people in general are ready to pay money. The business strategies over the decades have evolved to encompass more complex and innovative systems that help in creating business efficiencies and boosting profits. Managers constantly seek diff erential approaches and re-engineer existing processes to support increased productivity and extended market outreach. The advances in infrastructure, communication, and technology tools have played an important role in supporting business objectives and shaping business systems toward increased profits and market shares. Business systems refer to the processes and operational framework that help in conducting the business. The business processes reflect the extent to which the enterprise has been successful in meeting its business goals and objectives. The key processes in any business involve production, accounting, marketing and human resource management. Managerial functions focus on achieving excellence and streamlining work processes to support high level employee performance and