Management report

Name : xxxxxxxxxxx

Institution : xxxxxxxxxxx

Course : xxxxxxxxxxx

Title Management Report

Tutor : xxxxxxxxxxx 2010

Electronic business

Electronic business frequently referred to as "e-business , can be defined as the use of information and communication technologies to sustain all the actions of business . Business greatly comprises the swap of products and services between individuals . This is the vital activity of any business . Electronic business thus aims at the use of information and communication technologies in business . This is aimed at enabling the exterior actions and affairs of the business with persons

, groups and other businesses (Beynon-Davies , 2004

Strategy

Internet and communication revolution has greatly worked in availing information to the consumers . This has made the consumers to be better informed increasing their demands . Consumers now have abundant choices and are aimed at seeking worth in the products they get . This has made it critical to comprehend the customer 's needs and construction a profitable relationship based on that . This marketing relationship aims at increasing profits more than the lifetime value of the customer . This thereby calls for critical strategies to be employed by the company (Paul , 2000

Value chain : This refers to the chain followed in the making of the product . Under this strategy , organizations ought to evaluate the processes undergone for them to produce a product that has a high value in the market . The organization then should concentrate on the operations that it can do best . The other processes are then out-sourced to specialists . E-Business has facilitated this by providing a set...