Introduction
e-Business, the utilization of digital technologies in conducting business activities, has revolutionized the modern business landscape. It encompasses various dimensions, including parties involved, objects of transactions, and time scopes. In this essay, we will explore these classification dimensions and provide original examples to illustrate their applications. Furthermore, we will discuss how these examples relate to the BOAT (Business, Organization, Architecture, Technology) aspect dimension.
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Classification Dimensions of e-Business Scenarios
Parties.
The parties dimension refers to the entities involved in e-Business transactions. This includes businesses, customers, suppliers, and other stakeholders. For instance, consider an online marketplace like Amazon. In this scenario, businesses act as sellers, customers as buyers, and Amazon as the platform facilitating the transactions. This example demonstrates the interaction between various parties in an e-Business environment. From a BOAT perspective, the business aspect involves the selling and buying of goods, the organizational aspect includes managing inventory and customer service, the architectural aspect includes the design of the online marketplace, and the technological aspect includes the use of e-commerce platforms and secure payment systems.
Objects.
The objects dimension pertains to the nature of transactions in e-Business. It involves the exchange of goods, services, information, or a combination of these. Consider an online banking system where customers can transfer funds, pay bills, and view account details. Here, the objects involved are financial transactions and information. This example relates to the BOAT dimension as follows: the business aspect includes banking services, the organizational aspect includes account management and customer support, the architectural aspect includes the design of the banking system, and the technological aspect involves secure communication protocols and encryption algorithms.
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Time Scopes.
The time scopes dimension refers to the temporal aspects of e-Business transactions. It includes real-time transactions, asynchronous interactions, or a combination of both. An example is an online auction platform like eBay. In this case, bids are placed by buyers within a specific time frame, and the highest bidder wins the auction. This example illustrates the time-bound nature of e-Business transactions. From a BOAT perspective, the business aspect involves facilitating auctions, the organizational aspect includes managing listings and resolving disputes, the architectural aspect includes the design of the auction platform, and the technological aspect includes real-time bidding systems and notification mechanisms.
Conclusion
e-Business plays a pivotal role in modern business applications, enabling organizations to engage with parties, exchange various objects, and operate within different time scopes. The examples provided highlight the diverse ways e-Business can be implemented and how they relate to the BOAT aspect dimension. As technology continues to evolve, businesses need to embrace e-Business strategies to remain competitive in the digital era.
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References
- Osterwalder, A., & Pigneur, Y. (2002). An e-business model ontology for modeling e-business. 7th Americas Conference on Information Systems.
- Afuah, A., & Tucci, C. L. (2003). Internet business models and strategies: Text and cases. McGraw-Hill/Irwin.
- Laudon, K. C., & Traver, C. G. (2016). E-commerce 2016: Business, technology, society. Pearson.
- Turban, E., King, D., Lee, J. K., Liang, T. P., & Turban, D. (2019). Electronic commerce 2020: A managerial and social networks perspective. Springer.
- Chaffey, D., & Ellis-Chadwick, F. (2019). Digital marketing: Strategy, implementation, and practice. Pearson.