In this module, we have discussed how to assess the impact of change on a global level.
We have seen that successful companies will be those that are best able to exploit their existing infrastructure within the competitive requirements of the new networked economy
Now that you have completed this module, you should be able to:
- Describe the effects of eBusiness on the existing business
- Identify the operational support requirements for eBusiness
- Detail the human resources factors related to eBusiness
- Define the implications and/or relevance of marketing related to eBusiness and the enterprise
- Identify the financial considerations of using eBusiness
- Identify the link between manufacturing and eBusiness
The following terms were introduced in this module:
- Automatic Teller Machines: Machine that lets you do your banking without dealing with a person.
At ATMs, you can take cash from your account, make deposits and move money between accounts.
All you need is a password you key in and an access card. Do not confuse the acronym ATM with Asynchronous Transfer Mode, which is a means of transferring data across a network in the form of packets or cells with a fixed size.
- Stock holding levels: The quantity of inventory items that need to be held in order to fulfill demand in an acceptable time period. The quantity of inventory items which need to be held in order to fulfill demand in an acceptable time period.
- Computer Aided Design/Computer Aided Manufacture: CAD or Computer Aided Design makes use of powerful computer hardware and software to enable engineers and architects to design objects.
CAM or Computer Aided Manufacturing is where computers assist in the manufacturing of items in a factory. CAD/CAM implies a link between the two. Once a designer has created the design specification, the computer will assist to make the product.
- MP3: A format of compressed audio file using MPEG (Moving Picture Experts Group) Layer 3 coding. This format allows near CD quality sound to be digitally stored with a compression ratio of about 12. As the file is so much smaller, MP3 is the preferred format for storing and distributing music and other audio files on the Internet.
- Just in Time: Inventory control strategy in which raw materials and components are delivered from the vendor (or supplier) shortly before being used in the manufacturing process.
- Revenue sharing: When one site drives traffic for another site by promoting it on theirs (and vice verse). The site being promoted gives the other a portion of their ad revenue. One way to measure this is by tracking using cookies.
- Frontdoor: The index or home page on a Web site.
- Cookie: A cookie is a message given to a Web browser by a Web server. The browser stores the message in a text file called cookie.txt. The message is then sent back to the server each time the browser requests a page from the server.
In the next module, we will discuss the technology building blocks of eBusiness.