The paper "Value of Applying E-Business Tools - Virtual Communities in Education" is an outstanding example of a business essay. E-business refers to business activities conducted electronically. It became popular in the mid to late 1990s due to an increase in internet speeds and increased internet users. E-business can be either through the intranet at the organizational level or through the extranet at the intra-organizational level. In virtual community settings, e-business involves the setting up of social networks and communities. The distinction is made between social media and communities in that community entails the tight interlinking of members, acknowledgment of shared fate or purpose, a distributed leadership network, a core membership that is relatively stable and active.
Social media on the other hand entails conversationally enabled content with comment/response transaction over a loose network structure with a content creator and audience. E-business involves the use of tangible equipment that can access the internet such as computers, modems, internet adapters, a database and internet security. E-business platform should employ proper design for visitors to navigate easily, and the user to post information easily. Also involved in e-business platforms is the email account.
E-business using social media involves more servicing and responding to clients and visitors as opposed to buying and selling. Much of what is done through social media is advertising; attracting new members to the organization’ s community. Some of the most popular social media platforms are Facebook, Twitter, Google Plus, Tumbler, Youtube and Pinterest and Weibo. In the education business environment, one of the tools used in e-business in education the virtual communities. Virtual communities are run through online forums, blogs, instant messaging, and social networks, among others. The creation of value over the internet spans more than firm and industry boundaries because they are based on open networks and virtual markets provide possibilities to extend products or services to incorporate complementary products.
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