It used to be that if a person wanted to buy a television, car, groceries, books, or a vast assortment of different products that the consumer would have to leave his or her home, get in a car, and drive to a store who may be only opened during certain times of the day, purchase the product, and commute back to their home. Not anymore. A person does not have to even leave his or her home. Electronic business, or e-business for short, is the act of a person turning on a computer and ordering the product or products of choice from the comfort of their own home and having the products delivered straight to them. This paper will discuss an organization that started as a brick and mortar business but is now engaged in e-business in addition to their physical presence. The advantages and disadvantages, including limitations and risks of not using the internet for business will also be discussed to understand how a physical business compares to the virtual business of those on the internet.
The IMP Log: The Very First Message Sent on the In...
English: The Home Depot in Knightdale, North Carol...
English: The Home Depot at the North Pointe Shoppi...Even with the sluggish economy right now, e-business is still thriving. Outlooks believe that this year there will be a 17% increase in online purchases that total up to $204 billion dollars which include apparel, computers, and automobiles as the top three in that group (Online sales to climb, 2008). This increase in e-business is great but how has it affect businesses that have brick and mortar fronts alongside their virtual internet site? Home Depot sees this as an opportunity area that is causing them financial success. In a April 26, 2006 Business Week article, Home Depot was reported as stating that there internet site will be responsible for a billion dollars worth of revenue by the year 2010 (Gogoi, 2006). A billion...