Information technology in business

Introduction In a recent article (Anon 2005) it was stated that the meshwork has revolutionized stage business, it has play an instrumental role in transforming the knowledge base into a world-wide market and creating what is being called digital economy. profit has created opportunities for participation to expand their markets, reduce costs, improve efficiency, increase comfort and collaborate with partners as well as with competitors. Business-to-Business (B2B) e-commerce is one region 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 work via the Internet or through the use of head-to-head network share among business partners. B2B e-commerce can also be delineate as exchanges of structured messages with other business partners over private networks or Internet to c reate 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 impudent 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 strawman Industries has asked the causality to write a position paper on gravestone development of B2B e-commerce and its implications on the organization. The position paper result entangle a review of the current position with study to B2B and recommendations for the shell way forward. Background and Current Situation B2B E-commerce at Motion Industries B ackground of Motion Industries Motion Indus! tries is North Americas largest allocator of industrial maintenance, repair and operation replacement parts. If you want to achieve a full essay, order it on our website: BestEssayCheap.com

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