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The term used for integrating electronic platforms to conduct a company’s business is:
- a)e-Commerce
- b)e-Business
- c)e-Marketing
- d)e-Procurement
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
The term used for integrating electronic platforms to conduct a compan...
E-Business involves the use of electronic platforms, such as intranet, extranet, and the Internet, to conduct a company's business activities and processes efficiently.
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The term used for integrating electronic platforms to conduct a compan...
Integration of Electronic Platforms in Business
Integration of electronic platforms in business refers to the process of utilizing technology to streamline and enhance various aspects of a company's operations. This can include communication, data analysis, customer engagement, and more. One of the key terms used to describe this practice is e-Business.
Key Points:
1. Definition of e-Business:
e-Business encompasses the use of electronic platforms, such as websites, mobile apps, and online tools, to conduct various business activities. This can include online transactions, digital marketing, customer relationship management, and supply chain management.
2. Importance of e-Business:
Integrating electronic platforms into business operations can lead to increased efficiency, improved customer satisfaction, cost savings, and access to a global marketplace. It allows businesses to reach a wider audience, automate processes, and gather valuable data for analysis.
3. Examples of e-Business:
Some examples of e-Business include online retail stores, digital marketing campaigns, cloud-based collaboration tools, and automated inventory management systems. These technologies help businesses operate more effectively in today's digital age.
4. Benefits of e-Business:
By embracing e-Business practices, companies can benefit from increased sales, better customer relationships, improved decision-making through data analytics, reduced operational costs, and enhanced competitiveness in the market.
In conclusion, e-Business plays a crucial role in modern business operations by integrating electronic platforms to streamline processes, improve efficiency, and drive growth. It is an essential component of any company's strategy to thrive in the digital economy.
Integration of electronic platforms in business refers to the process of utilizing technology to streamline and enhance various aspects of a company's operations. This can include communication, data analysis, customer engagement, and more. One of the key terms used to describe this practice is e-Business.
Key Points:
1. Definition of e-Business:
e-Business encompasses the use of electronic platforms, such as websites, mobile apps, and online tools, to conduct various business activities. This can include online transactions, digital marketing, customer relationship management, and supply chain management.
2. Importance of e-Business:
Integrating electronic platforms into business operations can lead to increased efficiency, improved customer satisfaction, cost savings, and access to a global marketplace. It allows businesses to reach a wider audience, automate processes, and gather valuable data for analysis.
3. Examples of e-Business:
Some examples of e-Business include online retail stores, digital marketing campaigns, cloud-based collaboration tools, and automated inventory management systems. These technologies help businesses operate more effectively in today's digital age.
4. Benefits of e-Business:
By embracing e-Business practices, companies can benefit from increased sales, better customer relationships, improved decision-making through data analytics, reduced operational costs, and enhanced competitiveness in the market.
In conclusion, e-Business plays a crucial role in modern business operations by integrating electronic platforms to streamline processes, improve efficiency, and drive growth. It is an essential component of any company's strategy to thrive in the digital economy.
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The term used for integrating electronic platforms to conduct a company’s business is:a)e-Commerceb)e-Businessc)e-Marketingd)e-ProcurementCorrect answer is option 'B'. Can you explain this answer?
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The term used for integrating electronic platforms to conduct a company’s business is:a)e-Commerceb)e-Businessc)e-Marketingd)e-ProcurementCorrect answer is option 'B'. Can you explain this answer? for UGC NET 2025 is part of UGC NET preparation. The Question and answers have been prepared according to the UGC NET exam syllabus. Information about The term used for integrating electronic platforms to conduct a company’s business is:a)e-Commerceb)e-Businessc)e-Marketingd)e-ProcurementCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UGC NET 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The term used for integrating electronic platforms to conduct a company’s business is:a)e-Commerceb)e-Businessc)e-Marketingd)e-ProcurementCorrect answer is option 'B'. Can you explain this answer?.
The term used for integrating electronic platforms to conduct a company’s business is:a)e-Commerceb)e-Businessc)e-Marketingd)e-ProcurementCorrect answer is option 'B'. Can you explain this answer? for UGC NET 2025 is part of UGC NET preparation. The Question and answers have been prepared according to the UGC NET exam syllabus. Information about The term used for integrating electronic platforms to conduct a company’s business is:a)e-Commerceb)e-Businessc)e-Marketingd)e-ProcurementCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UGC NET 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The term used for integrating electronic platforms to conduct a company’s business is:a)e-Commerceb)e-Businessc)e-Marketingd)e-ProcurementCorrect answer is option 'B'. Can you explain this answer?.
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