E-Business Research Paper Example | Topics and Well Written Essays - 4750 words

E-Business - Research Paper Example In the competitive world of business, the existing business organisations are trying to achieve a sustainable competitive advantage that strives to ensure a sustainable growth for the organisation. The prevailing scenario of the business world is the outcome of multiple factors where globalisation plays a very crucial role. Globalisation has itself offered better opportunities for trade and commerce as it has helped to enhance international trade. Moreover, the technological advancement is another key factor that has contributed significantly towards the growth prospect. The world economies have experienced a massive development in the fields of information & communication technology, transportation, infrastructure, research & development etc. All these improvements have changed the entire social and economic arena and now the entire business world is successfully incorporating and utilising these technical improvements to gain a better and sustainable competitive advantage over the prevailing highly competitive business world. In this regard, e-business and e-commerce are two most crucial technological developments that have revolutionised the entire business world. The present day businesses have recognised the potential for e-business and e-commerce and most of them have already identified and incorporated e-business and e-commerce as an integral part of their strategic management.