A Framework to Build an E-Business Model
Daniel Sumbayak
Abstract
Daniel Sumbayak
Abstract
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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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.
Key concepts: Business rule, Artifact-centric business process model, New business development, Business process modeling, Business model, Electronic business, Business transformation, Business analysis