Business-to-Business E-Business Technology Research Paper

Business-to-Business E-Business Technology - Research Paper Example The Business-to-Business E-Business Technology concept emerged owing to the growing use of internet technology in the business sphere. With the enhanced use of internet technology, business corporations can effectively interact with each other both in an intrinsic and extrinsic manner. Intrinsically the business corporations can better relate the head office functions with the several branches spread along different regions and also to the warehouses. The business corporations with the use of internet medium can modify the business functions related to purchases and sales in a much faster and efficient fashion. Business-to-Business technological interface helps the business corporations gain a huge number of advantages which can be enumerated as follows. Management of the inventory and sales functions is better managed by business houses through the expanded use of internet technology. The business corporations through the use of the internet medium can effectively track changes in t he external market and thereby modify the products and services rendered. Through enhanced satisfaction of consumer demand, the business houses can generate more amount of profit and also augment on the market share. Moreover, with the enhanced use of internet technology in the business medium the business corporations can effectively minimize the cost of business operations thereby enhancing the productivity aspects. Different companies pertaining to manufacturing and other information technology companies have gained largely owing to the expanded use of internet technology in the business to a business sphere (Haag, 2005,p.139-410). An enhanced understanding of the Business-To-Business Electronic Commerce technology shows that the above technology can be used in different forms by the business corporations while performing business activities.