SlideShare une entreprise Scribd logo
1  sur  9
Télécharger pour lire hors ligne
ENTREPRENEURSHIP
ENTREPRENEURSHIP
The capacity and willingness to undertake conception,
organization, and management of a productive venture with all
attendant risks, while seeking profit as a reward.
In economics, entrepreneurship is regarded as a factor of
production together with land, labor, natural resources, and
capital. Entrepreneurial spirit is characterized by innovation
and risk-taking, and an essential component of a nation's
ability to succeed in an ever changing and more competitive
global marketplace.
DANCE OF ENTREPRENEURSHIP
DEFINITION
Conventional Business
1. conforming to the usual practices of accepted standards of
   conduct or taste
2. lacking originality or individuality; unimaginative and routine
3. commonly believed to be true, but often false (conventional
   wisdom)
The term conventional can be used to refer to warfare,
indicating non-nuclear, customary warfare. While accepted and
conventional ways can be good, not thinking "outside the box"
can pose limits. When someone or something defies convention,
it means that established methods or thinking don't apply--it
means they are unconventional.
E-Business
1.   The term used to describe the information systems and
     applications that support and drive business processes,
     most often using web technologies.
2. E-Business allows companies to link their internal and
   external processes more efficiently and effectively, and
   work more closely with suppliers and partners to better
   satisfy the needs and expectations of their customers.
3. E-Business is much more than just a web presence. There
   are a vast array of internet technologies all designed to
   help businesses work smarter not harder.
NATURE OF EACH BUSINESS
• Nature of business refers to the type or general category
  of business or commerce you are describing. For example, if
  you worked at McDonald's, the nature of your business is
  food services.
• Nature of business means what type of business you are
  doing like Wholesale, Retail or Service, Manufacturing,
  Marketing and etc.
• Nature of business means what exactly your business is
  doing and what is the service/product you are offering. For
  example the nature of "Walmart" as a business is "Retail"
  and the nature of "Microsoft" is "Software."
ADVANTAGES & DISADVANTAGES OF E-BUSINESS
Advantages
Worldwide presence
Cost effective marketing and promotions
Developing a competitive strategy
Better customer services
Disadvantages
Sectoral limitations
Costly e-business solutions for optimization
Low system security
Entrepreneurship

Contenu connexe

Similaire à Entrepreneurship

1. Key Term and Why You Are Interested in ItAs I sit here readin
1. Key Term and Why You Are Interested in ItAs I sit here readin1. Key Term and Why You Are Interested in ItAs I sit here readin
1. Key Term and Why You Are Interested in ItAs I sit here readinAbbyWhyte974
 
Recognizing Opportunity.ppt
Recognizing Opportunity.pptRecognizing Opportunity.ppt
Recognizing Opportunity.pptannarosegarcia1
 
Recognizing Opportunity.ppt
Recognizing Opportunity.pptRecognizing Opportunity.ppt
Recognizing Opportunity.pptMaynard Caspillo
 
Recognizing Opportunity.ppt
Recognizing Opportunity.pptRecognizing Opportunity.ppt
Recognizing Opportunity.pptkgopala
 
Business environment 01
Business environment 01Business environment 01
Business environment 01Nikita
 
All About "Business Environment" presented by Aditi Walia
All About "Business Environment" presented by Aditi WaliaAll About "Business Environment" presented by Aditi Walia
All About "Business Environment" presented by Aditi WaliaAditi Walia
 
Blogger of the quarter 4 q 2011
Blogger of the quarter 4 q 2011Blogger of the quarter 4 q 2011
Blogger of the quarter 4 q 2011Morgan Studio/East
 
Branding, Positioning & Understanding Current Marketing Issues - CSUSB
Branding, Positioning & Understanding Current Marketing Issues - CSUSBBranding, Positioning & Understanding Current Marketing Issues - CSUSB
Branding, Positioning & Understanding Current Marketing Issues - CSUSBJon Burgess - RedFusion Media
 
ENTREPRENEURship Management
ENTREPRENEURship ManagementENTREPRENEURship Management
ENTREPRENEURship ManagementVijay Gujaran
 
Challenges and Evolution of Organizational Behaviour
Challenges and Evolution of Organizational BehaviourChallenges and Evolution of Organizational Behaviour
Challenges and Evolution of Organizational BehaviourBhartiSharma238
 
CUSTOMER SERVICE: Working in a Business Environment
CUSTOMER SERVICE: Working in a Business EnvironmentCUSTOMER SERVICE: Working in a Business Environment
CUSTOMER SERVICE: Working in a Business EnvironmentThe Pathway Group
 
Self Mastery Skills Training for Working Professionals
Self Mastery Skills Training for Working ProfessionalsSelf Mastery Skills Training for Working Professionals
Self Mastery Skills Training for Working ProfessionalsOtamere Elegon
 
Sales and Marketing is BROKEN!
Sales and Marketing is BROKEN!Sales and Marketing is BROKEN!
Sales and Marketing is BROKEN!Joe Orlando
 
Week 4 Dis 1Please respond to the following Brand Stretch .docx
Week 4 Dis 1Please respond to the following Brand Stretch .docxWeek 4 Dis 1Please respond to the following Brand Stretch .docx
Week 4 Dis 1Please respond to the following Brand Stretch .docxmelbruce90096
 
Maximizing the Value of Your Internet Properties
Maximizing the Value of Your Internet PropertiesMaximizing the Value of Your Internet Properties
Maximizing the Value of Your Internet PropertiesAffiliate Summit
 
ENTREPRENEURSHIP-AND-INNOVATION.pptx
ENTREPRENEURSHIP-AND-INNOVATION.pptxENTREPRENEURSHIP-AND-INNOVATION.pptx
ENTREPRENEURSHIP-AND-INNOVATION.pptxJomDelaCruz4
 
SCIP & PDMA 20090917 Milwaukee - Intelligence 2.0: A Worldview For Anticipati...
SCIP & PDMA 20090917 Milwaukee - Intelligence 2.0: A Worldview For Anticipati...SCIP & PDMA 20090917 Milwaukee - Intelligence 2.0: A Worldview For Anticipati...
SCIP & PDMA 20090917 Milwaukee - Intelligence 2.0: A Worldview For Anticipati...Arik Johnson
 

Similaire à Entrepreneurship (20)

1. Key Term and Why You Are Interested in ItAs I sit here readin
1. Key Term and Why You Are Interested in ItAs I sit here readin1. Key Term and Why You Are Interested in ItAs I sit here readin
1. Key Term and Why You Are Interested in ItAs I sit here readin
 
Recognizing Opportunity.ppt
Recognizing Opportunity.pptRecognizing Opportunity.ppt
Recognizing Opportunity.ppt
 
Recognizing Opportunity.ppt
Recognizing Opportunity.pptRecognizing Opportunity.ppt
Recognizing Opportunity.ppt
 
Recognizing Opportunity.ppt
Recognizing Opportunity.pptRecognizing Opportunity.ppt
Recognizing Opportunity.ppt
 
Business environment 01
Business environment 01Business environment 01
Business environment 01
 
All About "Business Environment" presented by Aditi Walia
All About "Business Environment" presented by Aditi WaliaAll About "Business Environment" presented by Aditi Walia
All About "Business Environment" presented by Aditi Walia
 
Blogger of the quarter 4 q 2011
Blogger of the quarter 4 q 2011Blogger of the quarter 4 q 2011
Blogger of the quarter 4 q 2011
 
Branding, Positioning & Understanding Current Marketing Issues - CSUSB
Branding, Positioning & Understanding Current Marketing Issues - CSUSBBranding, Positioning & Understanding Current Marketing Issues - CSUSB
Branding, Positioning & Understanding Current Marketing Issues - CSUSB
 
ENTREPRENEURship Management
ENTREPRENEURship ManagementENTREPRENEURship Management
ENTREPRENEURship Management
 
Challenges and Evolution of Organizational Behaviour
Challenges and Evolution of Organizational BehaviourChallenges and Evolution of Organizational Behaviour
Challenges and Evolution of Organizational Behaviour
 
CUSTOMER SERVICE: Working in a Business Environment
CUSTOMER SERVICE: Working in a Business EnvironmentCUSTOMER SERVICE: Working in a Business Environment
CUSTOMER SERVICE: Working in a Business Environment
 
Marketing qualities and merits
Marketing qualities and meritsMarketing qualities and merits
Marketing qualities and merits
 
Research Whitepaper
Research WhitepaperResearch Whitepaper
Research Whitepaper
 
Self Mastery Skills Training for Working Professionals
Self Mastery Skills Training for Working ProfessionalsSelf Mastery Skills Training for Working Professionals
Self Mastery Skills Training for Working Professionals
 
Sales and Marketing is BROKEN!
Sales and Marketing is BROKEN!Sales and Marketing is BROKEN!
Sales and Marketing is BROKEN!
 
Week 4 Dis 1Please respond to the following Brand Stretch .docx
Week 4 Dis 1Please respond to the following Brand Stretch .docxWeek 4 Dis 1Please respond to the following Brand Stretch .docx
Week 4 Dis 1Please respond to the following Brand Stretch .docx
 
Maximizing the Value of Your Internet Properties
Maximizing the Value of Your Internet PropertiesMaximizing the Value of Your Internet Properties
Maximizing the Value of Your Internet Properties
 
ENTREPRENEURSHIP-AND-INNOVATION.pptx
ENTREPRENEURSHIP-AND-INNOVATION.pptxENTREPRENEURSHIP-AND-INNOVATION.pptx
ENTREPRENEURSHIP-AND-INNOVATION.pptx
 
The Value of Making Personas
The Value of Making PersonasThe Value of Making Personas
The Value of Making Personas
 
SCIP & PDMA 20090917 Milwaukee - Intelligence 2.0: A Worldview For Anticipati...
SCIP & PDMA 20090917 Milwaukee - Intelligence 2.0: A Worldview For Anticipati...SCIP & PDMA 20090917 Milwaukee - Intelligence 2.0: A Worldview For Anticipati...
SCIP & PDMA 20090917 Milwaukee - Intelligence 2.0: A Worldview For Anticipati...
 

Plus de Nizam Anuar

Vehicle dynamics - Chapter 2 (Road Loads)
Vehicle dynamics - Chapter 2 (Road Loads)Vehicle dynamics - Chapter 2 (Road Loads)
Vehicle dynamics - Chapter 2 (Road Loads)Nizam Anuar
 
Alternative fuel
Alternative fuelAlternative fuel
Alternative fuelNizam Anuar
 
Specification in Design
Specification in DesignSpecification in Design
Specification in DesignNizam Anuar
 
Engine management system
Engine management systemEngine management system
Engine management systemNizam Anuar
 
Emission control system
Emission control systemEmission control system
Emission control systemNizam Anuar
 
Planetary gear set
Planetary gear setPlanetary gear set
Planetary gear setNizam Anuar
 
Automatic Transmission
Automatic TransmissionAutomatic Transmission
Automatic TransmissionNizam Anuar
 
Cultural Diversity (1 Malaysia)
Cultural Diversity (1 Malaysia)Cultural Diversity (1 Malaysia)
Cultural Diversity (1 Malaysia)Nizam Anuar
 
Head Unit Eclipse AVN4430
Head Unit Eclipse AVN4430Head Unit Eclipse AVN4430
Head Unit Eclipse AVN4430Nizam Anuar
 
Positive crankcase ventilation
Positive crankcase ventilationPositive crankcase ventilation
Positive crankcase ventilationNizam Anuar
 
Traditional Dance in Malaysia Sabah
Traditional Dance in Malaysia SabahTraditional Dance in Malaysia Sabah
Traditional Dance in Malaysia SabahNizam Anuar
 
Presentation of broken heart
Presentation of broken heartPresentation of broken heart
Presentation of broken heartNizam Anuar
 

Plus de Nizam Anuar (12)

Vehicle dynamics - Chapter 2 (Road Loads)
Vehicle dynamics - Chapter 2 (Road Loads)Vehicle dynamics - Chapter 2 (Road Loads)
Vehicle dynamics - Chapter 2 (Road Loads)
 
Alternative fuel
Alternative fuelAlternative fuel
Alternative fuel
 
Specification in Design
Specification in DesignSpecification in Design
Specification in Design
 
Engine management system
Engine management systemEngine management system
Engine management system
 
Emission control system
Emission control systemEmission control system
Emission control system
 
Planetary gear set
Planetary gear setPlanetary gear set
Planetary gear set
 
Automatic Transmission
Automatic TransmissionAutomatic Transmission
Automatic Transmission
 
Cultural Diversity (1 Malaysia)
Cultural Diversity (1 Malaysia)Cultural Diversity (1 Malaysia)
Cultural Diversity (1 Malaysia)
 
Head Unit Eclipse AVN4430
Head Unit Eclipse AVN4430Head Unit Eclipse AVN4430
Head Unit Eclipse AVN4430
 
Positive crankcase ventilation
Positive crankcase ventilationPositive crankcase ventilation
Positive crankcase ventilation
 
Traditional Dance in Malaysia Sabah
Traditional Dance in Malaysia SabahTraditional Dance in Malaysia Sabah
Traditional Dance in Malaysia Sabah
 
Presentation of broken heart
Presentation of broken heartPresentation of broken heart
Presentation of broken heart
 

Dernier

第二十届文博会总体宣传册(Brochure of the 20th ICIF).pdf
第二十届文博会总体宣传册(Brochure of the 20th ICIF).pdf第二十届文博会总体宣传册(Brochure of the 20th ICIF).pdf
第二十届文博会总体宣传册(Brochure of the 20th ICIF).pdfe2927c
 
TNR Gold Investor Presentation - Building The Green Energy Metals Royalty and...
TNR Gold Investor Presentation - Building The Green Energy Metals Royalty and...TNR Gold Investor Presentation - Building The Green Energy Metals Royalty and...
TNR Gold Investor Presentation - Building The Green Energy Metals Royalty and...Kirill Klip
 
Rakhi sets symbolizing the bond of love.pptx
Rakhi sets symbolizing the bond of love.pptxRakhi sets symbolizing the bond of love.pptx
Rakhi sets symbolizing the bond of love.pptxRakhi Bazaar
 
Paul Turovsky - Real Estate Professional
Paul Turovsky - Real Estate ProfessionalPaul Turovsky - Real Estate Professional
Paul Turovsky - Real Estate ProfessionalPaul Turovsky
 
Lessons from the Mittelstand - Dave Litwiller - Apr 2024 - Public.pptx
Lessons from the Mittelstand - Dave Litwiller - Apr 2024 - Public.pptxLessons from the Mittelstand - Dave Litwiller - Apr 2024 - Public.pptx
Lessons from the Mittelstand - Dave Litwiller - Apr 2024 - Public.pptxDave Litwiller
 
Pelago's pitch deck for their Series C funding round, valued at $58 million.
Pelago's pitch deck for their Series C funding round, valued at $58 million.Pelago's pitch deck for their Series C funding round, valued at $58 million.
Pelago's pitch deck for their Series C funding round, valued at $58 million.qilerongrong
 
P&P- DP2 Brand Exploration Key Note 2024
P&P- DP2 Brand Exploration Key Note 2024P&P- DP2 Brand Exploration Key Note 2024
P&P- DP2 Brand Exploration Key Note 2024ktibbs1
 
545846512911136973123536574956587540.pdf
545846512911136973123536574956587540.pdf545846512911136973123536574956587540.pdf
545846512911136973123536574956587540.pdfRbc Rbcua
 
How to Grow Business Value (VIP ADVANCE, April 2024)
How to Grow Business Value (VIP ADVANCE, April 2024)How to Grow Business Value (VIP ADVANCE, April 2024)
How to Grow Business Value (VIP ADVANCE, April 2024)Michael King
 
EQX-PPT-20240405-CorporateDeck-slideshare
EQX-PPT-20240405-CorporateDeck-slideshareEQX-PPT-20240405-CorporateDeck-slideshare
EQX-PPT-20240405-CorporateDeck-slideshareEquinox Gold Corp.
 
PPONE Updated FINAL Josie "Josi J" Jones.pdf
PPONE Updated FINAL Josie "Josi J" Jones.pdfPPONE Updated FINAL Josie "Josi J" Jones.pdf
PPONE Updated FINAL Josie "Josi J" Jones.pdfjkjones4
 
The pitch deck that helped PunchUp raise $1 million.
The pitch deck that helped PunchUp raise $1 million.The pitch deck that helped PunchUp raise $1 million.
The pitch deck that helped PunchUp raise $1 million.qilerongrong
 
"Ecommerce Tomorrow: Trends, Innovations, and Consumer Revolution"
"Ecommerce Tomorrow: Trends, Innovations, and Consumer Revolution""Ecommerce Tomorrow: Trends, Innovations, and Consumer Revolution"
"Ecommerce Tomorrow: Trends, Innovations, and Consumer Revolution"vicky222yadav11
 
Mastering performance conversations presented by Heli Nehama Ozery and hosted...
Mastering performance conversations presented by Heli Nehama Ozery and hosted...Mastering performance conversations presented by Heli Nehama Ozery and hosted...
Mastering performance conversations presented by Heli Nehama Ozery and hosted...dawncurless
 
ESG Global Enterprise Pulse Survey 2023 Report
ESG Global Enterprise Pulse Survey 2023 ReportESG Global Enterprise Pulse Survey 2023 Report
ESG Global Enterprise Pulse Survey 2023 ReportTanya Gupta
 
How the Insurance Industry is Scaling with AI
How the Insurance Industry is  Scaling with AIHow the Insurance Industry is  Scaling with AI
How the Insurance Industry is Scaling with AIPeter Ward
 
2023_EN. HYUNDAI CAPITAL SERVICES 2023 PERFORMANCE
2023_EN. HYUNDAI CAPITAL SERVICES 2023 PERFORMANCE2023_EN. HYUNDAI CAPITAL SERVICES 2023 PERFORMANCE
2023_EN. HYUNDAI CAPITAL SERVICES 2023 PERFORMANCEirhcs
 
Entrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider contextEntrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider contextP&CO
 
TNR Gold Los Azules Copper NSR Royalty Holding with McEwen Mining Presentation
TNR Gold Los Azules Copper NSR Royalty Holding with McEwen Mining PresentationTNR Gold Los Azules Copper NSR Royalty Holding with McEwen Mining Presentation
TNR Gold Los Azules Copper NSR Royalty Holding with McEwen Mining PresentationKirill Klip
 
Pistachio Caviar and raisins from Iran.pdf
Pistachio Caviar and raisins from Iran.pdfPistachio Caviar and raisins from Iran.pdf
Pistachio Caviar and raisins from Iran.pdfRezaSeif2
 

Dernier (20)

第二十届文博会总体宣传册(Brochure of the 20th ICIF).pdf
第二十届文博会总体宣传册(Brochure of the 20th ICIF).pdf第二十届文博会总体宣传册(Brochure of the 20th ICIF).pdf
第二十届文博会总体宣传册(Brochure of the 20th ICIF).pdf
 
TNR Gold Investor Presentation - Building The Green Energy Metals Royalty and...
TNR Gold Investor Presentation - Building The Green Energy Metals Royalty and...TNR Gold Investor Presentation - Building The Green Energy Metals Royalty and...
TNR Gold Investor Presentation - Building The Green Energy Metals Royalty and...
 
Rakhi sets symbolizing the bond of love.pptx
Rakhi sets symbolizing the bond of love.pptxRakhi sets symbolizing the bond of love.pptx
Rakhi sets symbolizing the bond of love.pptx
 
Paul Turovsky - Real Estate Professional
Paul Turovsky - Real Estate ProfessionalPaul Turovsky - Real Estate Professional
Paul Turovsky - Real Estate Professional
 
Lessons from the Mittelstand - Dave Litwiller - Apr 2024 - Public.pptx
Lessons from the Mittelstand - Dave Litwiller - Apr 2024 - Public.pptxLessons from the Mittelstand - Dave Litwiller - Apr 2024 - Public.pptx
Lessons from the Mittelstand - Dave Litwiller - Apr 2024 - Public.pptx
 
Pelago's pitch deck for their Series C funding round, valued at $58 million.
Pelago's pitch deck for their Series C funding round, valued at $58 million.Pelago's pitch deck for their Series C funding round, valued at $58 million.
Pelago's pitch deck for their Series C funding round, valued at $58 million.
 
P&P- DP2 Brand Exploration Key Note 2024
P&P- DP2 Brand Exploration Key Note 2024P&P- DP2 Brand Exploration Key Note 2024
P&P- DP2 Brand Exploration Key Note 2024
 
545846512911136973123536574956587540.pdf
545846512911136973123536574956587540.pdf545846512911136973123536574956587540.pdf
545846512911136973123536574956587540.pdf
 
How to Grow Business Value (VIP ADVANCE, April 2024)
How to Grow Business Value (VIP ADVANCE, April 2024)How to Grow Business Value (VIP ADVANCE, April 2024)
How to Grow Business Value (VIP ADVANCE, April 2024)
 
EQX-PPT-20240405-CorporateDeck-slideshare
EQX-PPT-20240405-CorporateDeck-slideshareEQX-PPT-20240405-CorporateDeck-slideshare
EQX-PPT-20240405-CorporateDeck-slideshare
 
PPONE Updated FINAL Josie "Josi J" Jones.pdf
PPONE Updated FINAL Josie "Josi J" Jones.pdfPPONE Updated FINAL Josie "Josi J" Jones.pdf
PPONE Updated FINAL Josie "Josi J" Jones.pdf
 
The pitch deck that helped PunchUp raise $1 million.
The pitch deck that helped PunchUp raise $1 million.The pitch deck that helped PunchUp raise $1 million.
The pitch deck that helped PunchUp raise $1 million.
 
"Ecommerce Tomorrow: Trends, Innovations, and Consumer Revolution"
"Ecommerce Tomorrow: Trends, Innovations, and Consumer Revolution""Ecommerce Tomorrow: Trends, Innovations, and Consumer Revolution"
"Ecommerce Tomorrow: Trends, Innovations, and Consumer Revolution"
 
Mastering performance conversations presented by Heli Nehama Ozery and hosted...
Mastering performance conversations presented by Heli Nehama Ozery and hosted...Mastering performance conversations presented by Heli Nehama Ozery and hosted...
Mastering performance conversations presented by Heli Nehama Ozery and hosted...
 
ESG Global Enterprise Pulse Survey 2023 Report
ESG Global Enterprise Pulse Survey 2023 ReportESG Global Enterprise Pulse Survey 2023 Report
ESG Global Enterprise Pulse Survey 2023 Report
 
How the Insurance Industry is Scaling with AI
How the Insurance Industry is  Scaling with AIHow the Insurance Industry is  Scaling with AI
How the Insurance Industry is Scaling with AI
 
2023_EN. HYUNDAI CAPITAL SERVICES 2023 PERFORMANCE
2023_EN. HYUNDAI CAPITAL SERVICES 2023 PERFORMANCE2023_EN. HYUNDAI CAPITAL SERVICES 2023 PERFORMANCE
2023_EN. HYUNDAI CAPITAL SERVICES 2023 PERFORMANCE
 
Entrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider contextEntrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider context
 
TNR Gold Los Azules Copper NSR Royalty Holding with McEwen Mining Presentation
TNR Gold Los Azules Copper NSR Royalty Holding with McEwen Mining PresentationTNR Gold Los Azules Copper NSR Royalty Holding with McEwen Mining Presentation
TNR Gold Los Azules Copper NSR Royalty Holding with McEwen Mining Presentation
 
Pistachio Caviar and raisins from Iran.pdf
Pistachio Caviar and raisins from Iran.pdfPistachio Caviar and raisins from Iran.pdf
Pistachio Caviar and raisins from Iran.pdf
 

Entrepreneurship

  • 2. ENTREPRENEURSHIP The capacity and willingness to undertake conception, organization, and management of a productive venture with all attendant risks, while seeking profit as a reward. In economics, entrepreneurship is regarded as a factor of production together with land, labor, natural resources, and capital. Entrepreneurial spirit is characterized by innovation and risk-taking, and an essential component of a nation's ability to succeed in an ever changing and more competitive global marketplace.
  • 4. DEFINITION Conventional Business 1. conforming to the usual practices of accepted standards of conduct or taste 2. lacking originality or individuality; unimaginative and routine 3. commonly believed to be true, but often false (conventional wisdom) The term conventional can be used to refer to warfare, indicating non-nuclear, customary warfare. While accepted and conventional ways can be good, not thinking "outside the box" can pose limits. When someone or something defies convention, it means that established methods or thinking don't apply--it means they are unconventional.
  • 5. E-Business 1. The term used to describe the information systems and applications that support and drive business processes, most often using web technologies. 2. E-Business allows companies to link their internal and external processes more efficiently and effectively, and work more closely with suppliers and partners to better satisfy the needs and expectations of their customers. 3. E-Business is much more than just a web presence. There are a vast array of internet technologies all designed to help businesses work smarter not harder.
  • 6. NATURE OF EACH BUSINESS • Nature of business refers to the type or general category of business or commerce you are describing. For example, if you worked at McDonald's, the nature of your business is food services. • Nature of business means what type of business you are doing like Wholesale, Retail or Service, Manufacturing, Marketing and etc. • Nature of business means what exactly your business is doing and what is the service/product you are offering. For example the nature of "Walmart" as a business is "Retail" and the nature of "Microsoft" is "Software."
  • 7. ADVANTAGES & DISADVANTAGES OF E-BUSINESS Advantages Worldwide presence Cost effective marketing and promotions Developing a competitive strategy Better customer services
  • 8. Disadvantages Sectoral limitations Costly e-business solutions for optimization Low system security