Electronic Business Plan

A business model is defined as the organization of product, service and information flows, and the source of revenues and benefits for suppliers and customers.

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E-commerce (short for "electronic commerce") is trading in products or services using computer networks, such as the Internet.

Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection.

Messages must be delivered in a reliable and timely fashion, and information must be stored and retrieved as required.

Because availability of service is important for all e-business websites, steps must be taken to prevent disruption of service by events such as power outages and damage to physical infrastructure.

A business must have assurance that the receiving party or purchaser cannot deny that a transaction has occurred, and this means having sufficient evidence to prove the transaction.

One way to address non-repudiation is using digital signatures.A far greater number of people have access to e-businesses through the internet than would have access to a traditional business.Customers, suppliers, employees, and numerous other people use any particular e-business system daily and expect their confidential information to stay secure.There are a variety of techniques to address this concern including firewalls, access privileges, user identification and authentication techniques (such as passwords and digital certificates), Virtual Private Networks (VPN), and much more.This concern is specifically pertinent to a business' customers as certain information must be available when customers need it.A key component of the business model is the revenue model or profit model, which is a framework for generating revenues.It identifies which revenue source to pursue, what value to offer, how to price the value, and who pays for the value.The establishment of authenticity is even greater when a combination of techniques are used, and such techniques involve checking "something you know" (i.e. To help with data integrity, firewalls protect stored data against unauthorized access, while simply backing up data allows recovery should the data or equipment be damaged.This concern deals with the existence of proof in a transaction.Online Business or e-business is any kind of business or commercial transaction that includes sharing information across the internet.Commerce constitutes the exchange of products and services between businesses, groups and individuals and can be seen as one of the essential activities of any business.


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