E-business benefits fall into three categories: revenue enhancement, cost savings, and intangibles. Revenue enhancement comes from greater sales, whether through e-commerce on the Web or brochureware that attracts more customers to traditional channels. Cost savings are generated by improved efficiency, such as cost cutting or simply getting a bigger bang for the same buck. Intangibles include greater customer satisfaction and better employee morale. Some e-business applications produce primarily one type of benefit, while others produce benefits in all three categories.
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E-Business Drivers
Posted September 1, 2001 | Leadership | Cutter Benchmark Review
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