E-business risk is everywhere and it can severely damage your company reputation. But in this day and age not using internet technology would leave you falling behind the competition. So how do you get by and manage the potential e-business risks?
In the most basic terms, e-business is using internet technology for your business. By using this, companies can reach out to more customers, speed up their services and create a better product. It’s an ever changing part of the industry, but learning how to use it isn’t the hardest part of e-business. One of the toughest aspects is keeping up with the progression. One of the e-business risks is being left behind, but by staying one step ahead of the industry you can use it to your advantage. Some of the examples of e-business are:
- Online Banking
- Customer Relationship Management
- Business to Business Data Exchange
- Commercial Transactions Read the rest of this article