That's because the internet can lower your cost of sales and den your market reach by inexpensively coordinating activities across all your operational and distribution channels, equipping you to meet, and even anticipate, customer demand. In an e-business everyone is online. Everyone has access to more information. Everyone is more efficient. Paperless self-service internet transactions are fast, accurate, and cheap.
Employees make their own travel plans, enter their own expense reports on the internet.
Managers give raises, approve vacations, and hire new employees on the internet. Costs are lowered while accuracy and timeliness improve. And that means all your employees do their jobs better-because they all share the latest information. With internet retail sales reaching into the billions of dollars, it's easy to agree the internet has enabled innovative new ways for businesses to sell to consumers. But that isn't even the whole story.