Information technology in business

Introduction In a recent article (Anon 2005) it was give tongue to that the intercommunicate has revolutionized phone line, it has play an instrumental role in transforming the initiation into a world-wide market and creating what is being called digital economy. internet has created opportunities for participation to expand their markets, reduce costs, improve efficiency, increase gaiety and collaborate with partners as well as with competitors. Business-to-Business (B2B) e-commerce is one eye socket where companies sight achieve many such efficiencies. B2B e-commerce can be delineate as doing business electronically or business that is conducted over the Internet. It is most commonly associated with buying and selling information, products and service of process via the Internet or through the use of head-to-head network share among business partners. B2B e-commerce can also be delimit as exchanges of structured messages with other business partners over private networks or Internet to create and transform business relationship. (Wise R., and Morrison D., 2000. beyond the second-stringer: The Future of B2B, Harvard Business School). Of the different classification of e-commerce, business to consumer, consumer-to- consumer, consumer-to-business, business-to-government) B2B e-commerce is the largest and knowing growing. According to Gartner Group, B2B trade is expect to reach $8.5 trillion by 2005 while purchases made via B-2-B e-commerce in the United States are anticipate to increase at an annual growth rate of 68 percent between 2001 and 2005.

The chief executive of bowel bm Industries has asked the causal! ity to write a position paper on gravestone development of B2B e-commerce and its implications on the organization. The position paper willing entangle a review of the current position with determine to B2B and recommendations for the shell way forward. Background and Current Situation B2B E-commerce at Motion Industries Background of Motion Industries Motion Industries is North Americas largest electrical distributor of industrial maintenance, repair and operation replacement parts. If you want to demoralize a full essay, order it on our website: BestEssayCheap.com

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