Summary: The article is taken from the book information technology projection on recent developments in ECommerce.

The growth of e-commerce is very fast and helping the competitive environment by offering e-business activities to create new markets for competition it expend the distribution channels the internet provides a global reach of it and due to that it have a large audience and interactive customers who have a lot of choices and did broad selection of products and sharing as well in the report the figure shown the expending of channel in the business environment. B 2 B e - c o m m e r c e a n d t h e e x t e n d e d enterprise. The myth and perception that e-commerce is only about exchanges may depend on where youre standing. Most businesses are only at the stage of the exchange. Large companies are moving quickly toward true B2B e-commerce. This revolutionary technology was places by the help of internet which adopt companies quickly and bring them into a competitive market and give them a advantage over the competitors. The e-business exceeds to the $4 trillion in the past 2004. which makes a big difference and business world realize after sawing this mind boggling growth. Which make the things more easily to business world and also to implementation of their things at the markets as well for their customers and business partners? The B2B model is more complex as compared to B2C as shown in the article the B2B model is consist of manufacture the raw material is provided by another company the other one did distribution with retailer and consumer thats called supply chain of a B2B

By: farXand Mehmood sp09-bba-007

model. While the automotive business models need the following key elements. OEMs EMS Providers PCB Fabricators Raw Material Suppliers Component Suppliers With new inventions and enterprise the 5 ecommerce myths came.
1. The 1st one explain the e-com plays just 5% of

rule and the other all mean 95% is played by business done by it.
2. The 2nd myth defines that 3 decades before the

purchasing function is the best function for business world but now it seems that the e-com replaced it fully.
3. The 3rd one defines zero sum game mean the

advertisement world is more active and broad due to e-com the advertisement companies are earning and sharing a lot and the customers feel satisfied.
4. the 4th myth of e-com is E-Business Represents

Interesting Opportunities... But For the Distant Future (E-Commerce will go away. Its a passing fad.) it explains the financial side of a firm or organization doing the business that the e-com give opportunities but some time some how it convert to a negative impact.
5. The 5th myth of e-commerce defines that the

settlement, fulfillments and matching of and

By: farXand Mehmood sp09-bba-007

exchanges of services and products between the buyers and sellers. Thats why its also called an exchange model. E-commerce continues to grow in all sectors. ECommerce is the sales channel of the future. However, even the brightest prospects will not materialize, unless providers keep track of trends, consumer demands and competitors in this challenging market environment. The key to entrepreneurial success in the ECommerce market is access to objective, reliable and up-to-date information that provides an insight into the dynamics of the market. In particular, new information technologies and ecommerce are expected to be instrumental in increasing transparency in trading and reducing overall transaction costs.

By: farXand Mehmood sp09-bba-007