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Quick
Reference Guide
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1.
Link-2-Future:
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E-Business
covers 3 major types: E-Commerce, E-Learning and E-Government.
It is the future direction of growth. This is facilitated
by availability of Internet and IT solutions. It is
essentially a "many
to many" Internet
enabled IT solution, often called an "exchange".
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Most businessmen
are likely to adopt E-Commerce
for use in different transactions, such as between
companies and customers (B2C), in-between companies
(B2B) and between their own offices (Intranet Portals).
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E-learning
is receiving "Education
& Training"
without physical travel to centers of learning daily.
It is supported by multi-media IT solutions to facilitate
faster comprehension and auto-testing. It saves cost
and time to those who learn and increased access to
high quality Educational and Training resources, anytime,
anywhere and by anyone on an interactive basis
(as if they are all "virtually" together in a class
room with a teacher).
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E-Government
is a composite of several IT solutions beginning with
communication between different departments and payments
for Government regulated services to consumers such
as paying bills (eBP).
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2. Many Benefits:
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The reasons for this preference to E-Com are the
major benefits. These are:
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a) Lower unit cost of transactions (by more than
50%)
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b) Facility for instantaneous transactions, and recording
electronically.
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b) Up-to-date Information for decision making with
in the company.
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c) Payment from customers faster than all other conventional
modes.
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d) Customer reach can be wider in the "borderless
world"
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e) Quickly expand the products/services range frequently,
without having to "reprint"
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f) Help customers monitor their delivery status at
all times automatically.
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f) Audit trail as transactions can be traced clearly
with in the organization.
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g) Avoids the cost and trouble of physical travel,
to do transactions.
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3. Time and Cost:
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These benefits result in more revenues, lower costs
with short gestation period. The cost is low for simple
installations starting from US$ 50,000 and increasing
with complexity of business process and better features,
depending on number of end users .
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4. Type of Business:
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E-Com can be adopted for several type of business,
whether dealing in Products or services. The transactions
are usually done via a "Exchange". If the company
already has a portal, it is easier to join the exchange.
It is more necessary for companies, whose competitors
and customers are already in such an exchange.
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5. Size of the Organization:
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Organization who set up E-Com, or E-Learning or E-Government
have to plan these being used by end users more than
1,000 in number at least once a day over a wide geographical
area, for significant cost advantages
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The end users can be both big and small organizations
or even individuals for the simple reason it is individual
transaction oriented. It is a "counter" that is always
open.
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6. Single location outlets / individuals :
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Such end-users can benefit from E-business only by
joining networks or exchanges
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7. Cost of inaction:
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If a business does not adopt its
systems to E-Com and ignores E-Learning then it not
only loses opportunity to get more business but also
helps its own competition. The E-com enabled business
can earn more, spend less on purchases and save on
internal costs, all the same time. E-Government is
beneficial to both the government and citizen by reducing
barriers in communications.
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8. FREE Evaluation:
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Not all situations are
suitable for e-Business. Your present business can
be evaluated for E-Com enablement, if you send us
your details as per form displayed by pressing this
link: Quote
for E-Com
. We will revert within one week with a professional
response.
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