E Business
A typical infrastructure of any 'technological system' would serve toconnect all the various components that make up the entire structure andprovide information on links between each of the elements. In the'infrastructure of systems', the computer network as well as theinformation network would make up the structure of the business. Thevarious elements are generally entire networking software, and a hardwaresystem made up of computers, servers, modems, hubs, and any form ofwireless technology. The building in which the business is to be housedwill consist of the 'building infrastructure' that will be made up of thesystem that will support the information technology network system. Thiswill be made up of electrical cables and wires, conduits, and electricitythat will help in the functioning of all the above listed components, aswell as for the safety measures of fire alarms, etc. The most importantcomponent of any business is the human element, and this third componentmakes up the 'personnel infrastructure'. These skilled people serve toprovide the basic infrastructure of the business. This group is comprised
Simulation can be achieved by the use of a 'simulator', which makesthe person using it to feel as if he is within the scenario being playedout by the simulating program and the simulator. This example serves to prove that withonline stores and the conduct of e-business, a small company may be able toenlarge and grow into a global one with tremendous potential for furthersuccess and growth. One of the simulations built by the firm is known as 'BizSim'. (Part 3- Technology Infrastructure Issues) It is important to know what the advantages of an e-business are andhow income is generated when a person want to start an e-business of hisown. (E-Commerce Overview and General Resources) The enormous advantage for the sales personnel of the shop, when theorder is not placed online, is that the customer who walks in to the shopis already well informed about the prices of the products he is interestedin and he has already made his purchasing decision. Communication betweenpeople and between businesses developed at an amazing rate during theseyears and happened to revolutionize the way in which people communicatedwith one another. Since a simulated website consists of theelements of reading as well as writing, team interactions as well as thelearning of the cause and effect phenomenon in the conduct of a business,and also live experiences from the case studies that would be conductedonline, and so on. A number of tools were designed to gather informationabout prospective customers, and all businesses tried to do business on theInternet. Today, most electronic goods stores use the channel ofonline stores for conducting their businesses. (Management Simulations, Corporate Users) When a particular business feels that it needs to improve its trainingmethods for newcomers or even the existing personnel, it can think of asimulated business website as a very viable option. Software developers did their best tosolve these problems and came up with creative solutions. The bestsolution, according to the famous Wal-Mart Store, is the integration of theonline store with the actual physical store in a manner that is profitablefor the business. Though there are many success stories of e-businesses, there are quitea few businesses that failed and resulted in big losses for the companythat tried it out. This group is made to work ina simulation of the highly competitive market conditions in which theywould work in real life, in some cases, even learn to manage multi milliondollar virtual companies on their own, making their own business decisions. (C-Vibe: AVirtual Interactive Business Environment addressing Change ManagementLearning) What are the advantages of a simulated business website over anordinary website, and how practical is it to be used in everyday life for agrowing business' The main advantage of using a business website simulationis that the user would be able to gain experience through 'hands-on'training from the simulations.
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