The paper "How the Capacity of the Internet Has Changed the Way Companies Can Do Business" is a great example of a term paper on e-commerce. The internet has indeed paved new ways through which companies are doing business. The advent of the internet paved the way for different types of e-commerce such as business-to-business, business-to-customers, customers-to-customers and business-to-employees. B2B is largely used by companies such as Alibaba Group while B2C e-commerce is used largely by companies such as LL. Bean. Online business transactions have increased the revenue generation in many companies worldwide.
The geographical location of businesses is no longer a matter of concern to many companies because communication has been enhanced by the internet regardless of the location of businesses globally. Sales from the B2B transactions are also generated through the provision of specialized service or product that is completely unavailable in the market. 2.0 Introduction The internet has transformed the manner in which companies do business. This has been necessitated by the extent of information companies are able to access and send as well as the exchange of business ideas over the internet (Rowley, 2008).
The speed with which procurement, selling, marketing, and many other business activities are undertaken has increased drastically as a result of the advent of the internet. The geographical location of businesses is no longer a matter of concern to many companies because communication has been enhanced by the inert regardless of the location of businesses globally. Online business transactions have increased the revenue generation in many companies worldwide. The internet has made it possible for B2B, B2C, B2G, C2C, and B2E transactions to thrive because the internet has simplified how such transactions are carried out (Rowley, 2008).
For example, a B2B transaction that involves large volumes of transactions and numerous exchanges of documents is made possible by the internet because large volumes of data are exchanged within a very short time. The transactions and business deals are sealed over the internet thus eliminating the hurdles encountered in manual business transactions such as delays in relaying documents and sometimes the loss of business documents (Rowley, 2008). The internet has also increased the competitive advantage of businesses by ensuring that products are delivered in time to the retailers and consumers because companies are able to get on-time information regarding the situation of demand on the ground before the company's stocks run out. The focus of this report is to explore how the capacity of the internet has changed the way companies can do business.
In this regard, the specific purpose is to define and briefly discuss each type of B2B, B2C, C2C and B2E websites where the main goals of these websites and the principal elements included in these websites will be discussed.