Question#1: what is the impact of E-business on operation management?
E-business is the type of business which is based on internet. it include the processes of buying and selling products, supplies and services, servicing customers, processing payments, managing production control, collaborating with business partners, sharing information, running automated employee services, recruiting, and much more. and all these activities are based on internet.
The impact of E-business on operation management is huge and heavy. As today’s world has successfully moved forward in technology so as there ways of work too because of this E-business has a lot of importance.
Following are some examples of it:
* E-business organization are now able to access supplier worldwide this increase online purchasing.
* Online retailers are e-businesses that use the Internet as a means to advertise and sell physical merchandise of one kind or another. Examples of online retailers are Amazon.com etc.
* Reduction in manual processing reduce the need for people because of this labor cost savings are possible.
* Some e-businesses earn revenue by providing consumers with useful services rather than selling goods. Examples of online services is Ebay.
* Searching for product information and selecting the best supplier becomes easier.
* Provide a quick and easy way of exchanging information about a company and its product.
* Increasing employee communication and satisfaction.
* Advertising is the primary source of revenue for many e-businesses. Website owners can sign up for services that allow them to post advertisements on their websites and earn income based on how many users view or click on advertisements.
* E-business breaks down the time barriers.
* Running an online business reduces the cost per transaction.
* An online business can reach customers in the four corners of the Earth with the help of net.
Question#2: write down at least 5...