What do you understand by the word E- business and perfortmance management in a business?

Mataracy

VIP Contributor
E- business can be defined as the exchange of information across through electronic networks at any stage in the supply chain whether paid or unpaid or all aspects of E- commerce(I.e immediate information exchanges between an organisation and its external stakeholders) but also includes work flows and moments of information within an entity, for example between departments or functions.

E- BUSINESS AND INFORMATION FLOW
E- business transactions so not necessarily involve a payment for good and services.
Transaction with customers might involve transfer of information rather than transfer of money.

E-BUSINESS AND ITS IMPLICATIONS FOR PERFORMANCE MANAGEMENT.

The objective of e- business is to increase the competitiveness and efficiency of an entity by using electronic information exchanges to improve processes.

E- business significantly extends the volume and scope of information accessible to organisations for performance management purposes.

E- business is very helpful to the businesses and company in diverse ways and its the medium that many business men and women even companies made use of this days.

Your own opinion or idea can really help some one to know more about this.
 
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