In detail Provide evidence to support the following stateme

In detail - Provide evidence to support the following statement .\'\' The growth of e-business is due to both business and technological innovations\'\' [25 Marks]

Solution

Please follow the data and description :

The statement is \"The growth of e-business is due to both business and technological innovations\".

Now let us discuss about the topic e-business,

E-Business :

This is the form of an organisation or a business that does all the transactions of the company almost through the internet or an web based system. As it is linked with the process of internet involvemnt this is called an e-business.

Now coming to the growth and the usage of this stream has been more popular and more ususal as the today world has the most of its work through a single click over the internet. So everyone do prefer to make the most of the time saved through this process and thus making the most of the work completed that makes them left witht the time to earn or to spend as they wish and this even makes the producers profitable so that the use of the employment and their mainatenance would be decreased as much as possible as they need to be managed well.

For this to be stronger let me quote an example of an trending and the widely used website or an business that has been the tough competetier over the days for the leading sites named as the FLIPKART. This was a small idea when was created to supply goods to the consumer\'s house but that made them much more bigger and bigger where that has lead to be the top.

While researching or getting the results of the businesswe could find that the worth and the business of the company has been increased and being continued day by day as the demand and the thoughts for the technology and the related aspects are being increased and being inovated day by day so as to sustain in the world with a great pace. As and example let us consider the case of the mobiles where each and every day we find a new version of the mobile that might be of the same or the other brand and that might be related to a software or an hardware but that the thing is to be noted that the change has been more an more faster due to the demand and the technological enhancements over the days. With this pace one cannot get the work done with an offline process or a regular business model as the time taken to make and get that distributed over the globe would take time and that makes the newer version gets released in the time gap that the piece reaches the every corner of the globe.

So the process of the e-business makes it easier in the way that the image or an 3D model of the idea or the product is developed and thus making it visible to everyone of the world to the every inch of the product and the specifications of the product. So this makes easier and the most effective way to reach out the people and to make more out of the less efforts.

This makes even the business and the values or the market of the company could also be expaned over the world making it the most effective and the powerul over the globe to reach out the people faster and earlier to make its mark. Thus making the growth of the e-business for the developement in the business as well as the technological innovations over the globe day by day.

Hope this is helpful.