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Outline The E-business is a new trend in business and it is still in infant stage people have misunderstand it in some cases and this new growing business has its good sides as it has its negative sides too In this small paper we will have an overlook over the pros and cons of e-Business IWhat is e-Business ADefinition BFalse concept IIPros A For Business B For customers IIICons ATechnical BNon-technical IVConclusion Date 25-April-2003 E-business Pros and cons About e-Business Definition of e-Business We are shortly about to talk about pros and cons of e-Business but first a question comes to the mind what is e-Business E-Business electronic business is the conduct of business on the Internet not only buying and selling but also servicing customers and collaborating with business partners One of the first to use the term was IBM when in October 1997 it launched a thematic campaign built around the term Today major corporations are rethinking their businesses in terms of the Internet and its new culture and capabilities 1 But E-business is not only Business done on the Internet since E-business has changed traditional business E-Business is the creation of new and the redesign of existing value chain and business processes through the application of information technology2 In e-Business the linear value chain has disappeared and in its place is a constantly revolving exchange that has altered the relationship between buyers sellers and those who inhabit the space between 3 False concept about e-Business When we think about e-Business and think about the Internet some people may begin to fantasize Its true that an e-Business can offer products or information to its clients at any time of day in any location around the world Its
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