Assess of the strategies and processes as compared to traditional Essay

Assess of the strategies and processes as comp ard to traditional bricks and mortar businesses - Essay ExampleSoon telecommuting will not only bring about more common, scarcely its essence will change. Today, most telecommuters do tasks that do not require a physical presence at the office-writing or depth psychology. E-mail and phone provide some interaction with colleagues, provided most of the remote work is solitary. In the future, videoconferencing, electronic collaboration on documents, and the integration of the phone and PC will create a telepresence at the office that is impossible today for home workers. These technologies atomic number 18 already removing geography as a barrier to work.This excerpt from the book makes us understand the real eggshell of change that is happening around us in the way in which business is going to be done in future. The ways in which people think, act and decide are going to change. These changes are also obvious in the way in which the business operations are carried out. The business processes that are required to carry out the everyday operations in a business are ever-changing rapidly across the world. Hence, this essay is written to understand the differences between the traditional business models and the e-businesses with respect to the mingled activities such as the marketing, procurement, payment systems, security, logistics and supply chain management are discussed in this paper. The objective of this analysis is to understand better the way in which internet has changed business operations and for this purpose, www.amazon.com is selected for analysis.REVIEW OF LITERATURETo equate and contrast the business models in the real world and the virtual world, first we have to understand what a business model is. According to Magali Dubosson-Torbay2 and separate fellow researchers, business model means the architecture of a firm and its network of partners for creating, marketing and delivering value and rela tionship capital to one or several segments of customers in order to turn over profitable and sustainable revenue streams. The eBusiness Model framework suggested by them is therefore shared out into four principal components. (1) The products and wait ons a firm offers, representing a substantial value to a organise customer (value proposition), and for which he is willing to pay. (2) The relationship capital the firm creates and throws with the customer, in order to satisfy him and to generate sustainable revenues. (3) The base and the network of partners that are necessary in order to create value and to maintain a good customerrelationship. And last, but not least, (4) the financial aspects that can be found end-to-end the three former components, such as cost and revenue structures.Hence, the authors mention that, it is important that business organizations that are operating in the internet should concentrate on the aspects such as product innovation, customer relations hip, infrastructure management and financial aspects. When a business is considering to adopt a business model it has to consider the chase aspects which are mentioned by Tapscott3, et al, thatThe user role How is the client or the prospect is considered by the company As a client or as a provider of a product / service that other clients may want to buy from, or as a participant to whom nothing is sold but information or services are offered against information about the participant - Interaction pattern Is the service provided by one or many people / companies to one or many people / companies - genius of the offerings Is the company offering information, services or products to itsvisitors In some cases, the company but is giving away its content for free againstinformation gathering and/or is getting money from ads. Another option could be that the