E-Business Models and its Applications

Abstract

"All intelligent thoughts have always been thought, what is necessary is to try and think them again."

                      Johann Wolfgang Von Goethe

The intelligent thought here is e-business and continuous thinking, rethinking and exploring which led to its growth over decades making things easier round the globe for both entrepreneurs and customers. To put simply an e-business is defined as a company that has an online presence while the e-businesses that have the ability to sell, trade, barter and transact over the web can be considered e-commerce business.1Lyman Frank Baun wrote "The road through the city of Emeralds is paved with yellow brick." Various e-Business Models are those yellow bricks which direct us all to global cyber city of e-business. Some prominent e-Business Models are extensively discussed here to develop an understanding of the foundation of e-business.