A Framework to Build an E-Business Model
This paper will discuss about how an E-business model is made and designed. While designing a business model seems like an easy job, designing a proper business model for E-business requires an understanding of the workings and difference of E-business and traditional business. While the goals of both businesses are similar, there are some distinct characteristics from E-business model which are studied on this journal. In defining the business model characteristics, we must first define what the business model is, and how it impacts the E-business and the realities in E-business. While E-business implementation is different between one another, depends on the business needs and situation, the characteristics of an E-business model have similarities with each other. On discussing the characteristics of the said E-business model, the characteristics itself will show the distinct advantage of E-business model if compared to the traditional business model. These advantages are also the characteristics of the E-business model, which must be used to the fullest extent to get the total benefits of the business model. Apart from advantages, E-business model will also face challenges and barriers, which can hamper development of a good business model, but by proper identification of the problem a solution can be synthesized.
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Document Type: Research Article
Publication date: April 1, 2015
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- ADVANCED SCIENCE LETTERS is an international peer-reviewed journal with a very wide-ranging coverage, consolidates research activities in all areas of (1) Physical Sciences, (2) Biological Sciences, (3) Mathematical Sciences, (4) Engineering, (5) Computer and Information Sciences, and (6) Geosciences to publish original short communications, full research papers and timely brief (mini) reviews with authors photo and biography encompassing the basic and applied research and current developments in educational aspects of these scientific areas.
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