Introduction.
E-business can be described as the new business logic that operates in a world without boundaries. It refers to a broader definition of Electronic Commerce, not just buying and selling but also servicing customers, providing an integrated business environment and offering added value services [1]. Developing e-business models for conducting e-business is not simply about the adoption of new technologies. It also concerns changes in work practices, in customer/supplier relationships, in the way products are delivered to.
Consumers, in marketing practices and changes in staff skills needed to support e-business. Accordingly, e-business models signify new opportunities for re-organizing the way businesses are currently practiced.
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Business models - definitions .
A business model is a plan for offering a value proposition to customers, a source of revenues, an identification of costs, and a detailed set of process for execution. [1]. It is n architecture for the product, service and information flows, including a description of the various business actors and their roles; and a description of the potential benefits for the various business actors; and the descriptions of sources of revenues. [2].
Companies Backgrounds.
Toyota's business profile.
Industry: Manufacturing.
Toyota Motor Corporation is the world's third largest automaker, offering a full range of models, from mini vehicles to large trucks. Toyota Motor is based in Japan and currently ranked 10th by fortune.com in the global 500 companies list as of 2002. Revenues generated in 2001 totalled 120,814.4 $ millions.
Live Sites: .
http://www.toyota.co.jp.
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(Figure 1).
Volvo's business profile:.
The Volvo Group is one of the world's largest producers of trucks, buses and construction equipment and holds a leading position in the fields of marine and industrial power systems and aircraft engine components. Based in Sweden and currently ranked 267th by "fortune.
