Comparison of an Industry :: essays research papers

With the meshing fast becoming the platform of the twenty-four hours for conducting commercial activities and business transactions, it is important for companies to take advantage of information dialogue technologies, electronic commerce, mobile computing, and softw be agents. Internet technologies bring about opportunities for automating client transactions, internal business processes, as wellhead as business collaborations with accord companies or alliance members for both B2C and B2B e-commerce activities. Electronic commerce, simply put, is the exchange of coin for goods and services via electronic means. In other words, electronic commerce is when a consumer purchases something off of the Internet. Electronic commerce is often referred to as e-commerce, or e-business which is a subset of e-commerce. E-business can be anything from purchasing a toaster from a incision store online to checking your bank statement online. All are examples of the many aspects of e-business . In todays business world, e-business activities of variant types contribute significantly to the efficiency of business processes, and to the cite of products and services. The Internet plays a very important role in this process, as it offers numerous possibilities for communication with customers and performance of business activities. No wonder it has live on a tool used daily by suppliers of products and services, as well as their users. For example a growing build of companies in the give-up the ghost industry make use of the Internet platform as practical(prenominal) shops for marketing and selling choke products and services. entanglement travel gross revenue has or so doubled annually for the past three years. In 2003, Internet online sales reached 10% of the total bookings and business transactions of the travel industry, including the airlines, hotels, and car renting companies. The followings are indications of the current trends, activities and features1. Ma ny hotels have set up their bear Web sites to market and sell their hotel rooms (e.g. Holiday Inn, Sheraton Hotels, and the Marriott chain). Most sites lay off visitors to check rates and availability, make reservations, and receive a confirmation number within a minute or so of the reservation request.2. Airlines are selling tickets via their Internet portal at reduced prices.3. Car rental companies do not hesitate in putting up Web sites to handle reservations (e.g. Hertz, Avis).4. Travel companies compete with one another and various Internet travel portals by offering their own Internet e-shops that market their travel packages as well as provide reservation services for airfares, lodgings, and various travel products.