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E-Business - Competing in the Internet

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1. Describe the types of businesses that compete on the Internet (at least 2). Should the strategy for the types of businesses be the same? Why or Why not?

2. Describe in your own words what an e-Business considers when planning for the IT infrastructure.

3. Describe the strengths and weaknesses of e-businesses. What should be done prior to moving an existing business to "the Net"?

4. What is an e-strategy? Describe how an e-strategy might be used prior to opening a business over the Internet.

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Solution Summary

This solution answers four questions about how business works on the internet, addressing e-Business, strategy and strengths.

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1. Describe the types of businesses that compete on the Internet (at least 2). Should the strategy for the types of businesses be the same? Why or Why not?

Online financial services and banking, online retailers and online security providers are different types of e-businesses that compete on the internet. The strategies for these businesses cannot be the same due to the different of characteristics of the industries they compete in. For example online financial services focus on the flow of information and construct their strategies based on them because they can instantly shape investment decisions of the customers. On the other hand online retailers mainly focus on marketing and distribution aspects. They gather profile information on the industries of the products they sell and assess the cost of distribution channels so that they can build stronger linkages with certain suppliers and key clients that would ...

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