1 How innovative would you say you are?


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1)How innovative would you say you are?
Actually the majority of innovative individuals think out of box in every situation which surprises the people around them. Innovation is one of the most valuable skills you can demonstrate in the workplace. Knowing how to innovate not only improves your productivity but can also demonstrate to your employer a willingness to work hard and think creatively. Showing innovation at work is rewarding and can help you set an example for new people. Here are some common instances of innovative examples that I use at work.The most essential thing is motivating my colleagues to improve internal morale and productivity. Combining two or more existing elements to create improved options for the company is also a good option. Innovative thinking refers to ideas created to improve or refine our current work structures and techniques. Someone who's innovative at work proposes or contributes to the latest developments within the company, be that coming up with a solution to a problem or offering a method that could streamline current processes. Innovative people,including me, recognizes that change is needed for the company to make improvements and adapt to changing circumstances. To take an example, whenever our employee ask our idea about changes in the style of work, I try to give ideas which is unusual from my colleagues. From my perspective, Innovation refers to introducing novelty in a product, service, strategy, or business model. Moreover, innovation also increases the usability and durability of the entity above. Sometimes, it is an idea, and sometimes, it is a concept that helps stay ahead of the competition and induces creativity and efficiency in businesses. One of the benefits of innovation in business is the increase in productivity of individuals, processes, and business models, among others. Simply put, innovation presents new ideas to business leaders to increase efficiency with minimum resources. Furthermore, reducing business and other risks. Another biggest advantages of innovation is that it helps increase revenue and market shares. Subsequently, leading to a reduction in cost.To be more precise,I always do my best to add the difference to my work and I consider myself as a innovative person.I know that to judiciously and effectively solve complex business problems, it is imperative to use innovative ideas. Leaders must use external (online data, literary works, etc.) and internal sources to develop innovative ideas to solve complex business problems. At first, it might seem like a difficult task, but it is considered to steer your business in the right direction.That’s why every individuals should be creative at work.I mean not only for the work but also for their own benefits.
Task 2
1)To reduce unemployment-ishsizlikni kamaytirish
2. to retain-saqlab qolish
3. to take advantage of smth- foyda olish
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7. Salary/wage-maosh
8. Wholesale-ulgurji.
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Бонута, [16.06.2023 21:12]
PRESENTATION BY E’TIBOR MURODOVA ABOUT E-BUSINESS

Electronic business (e-business) can be defined as the use of the internet to network and empower business processes, electronic commerce, organizational communication and collaboration within a company and with its customers, suppliers, and other stakeholders. E-businesses utilise the internet, intranets, extranets and other net- works to support their commercial processes. Electronic commerce (e-commerce) is the buying and selling, marketing and servicing of products and services via computer networks. Since e-business includes the process of transacting with suppliers and customers there is an overlap in activities with e-commerce.


Although the terms ‘e-business’ and ‘e-commerce’ are often used synonymously, the distinction between them lies in the broader range of processes in e-business that incorporates internal transactions within an organisation. These include transactions relating to procurement, logistics, supply chain management, payments, stock control and order tracking. As Chaffey (2004) notes, e-commerce can best be conceived as a subset of e-business. Where the two concepts overlap is in the buying and selling of products and services.

Today many companies show a highly interest in adopting the e-business. However, companies need different information system strategy in the adoption of e-business in order to support information sharing. Information system strategy is concerned with aligning of information system with business needs. Beside this, companies need to search after strategic advantage from information technology, since information system strategy explains what to do with IT. The earlier experiences point to the fact that companies failed to develop their businesses through Internet mainly because they did not developed an appropriate strategy.


This study investigates how to implement information system strategy to support information sharing in the context of e-business. Thus, the purpose of this study is to highlight different perspectives in adaptation of information system strategy within e-business companies. The empirical study is based on a qualitative method of data collection by using three interrelated case studies. The study conducted a number of interviews with three e-business companies named Hööks, NetOnNet and Kwintet.
The theoretical framework provided knowledge about e-business, information sharing, and information system strategies. The findings - by means of interview questions - were analyzed by theoretical ideas. The authors came to a number of conclusions:
1. Perspectives in information system strategy are divided into different parts consist of ERP system, supporting system, and manual approach, depending on how the e- business companies uses the information system strategies.
2. Information system strategies are embedded with ERP system and are inter- connectively used companies that use the e-business as their core business system.
3. The e-business provides information workflow to support information sharing.
4. The final conclusion is that there are remaining perspectives, which are not connected to ERP system, but they are vital for the implementation of information system
strategies for information sharing.

E-business (https://gfgc.kar.nic.in/vemagal/FileHandler/61-889a725d-775f-41c0-b8f1-2342b5b183e6.pdf) (electronic business) is the conduct of online business processes on the web, internet, extranet or a combination thereof. These customer-, internal- and management-focused business processes (https://www.techtarget.com/searchcio/definition/strategic-management) include buying and selling goods and services, servicing customers, processing payments, managing production and supply chains, collaborating with business partners, sharing information, running automated employee services and recruiting employees.


E-business is similar to e-commerce (https://www.techtarget.com/searchcio/definition/e-commerce) but encompasses much more than online purchasing transactions. Functions and services range from the development of intranets and extranets to the provision of e-services over the internet by application service providers (https://www.techtarget.com/searchapparchitecture/definition/application-service-provider-ASP). (https://www.techtarget.com/searchapparchitecture/definition/application-service-provider-ASP)

Бонута, [16.06.2023 21:12]


Enterprises conduct e-business to buy parts and supplies from other companies, collaborate on sales promotions and conduct joint research.
Corporations are continuously rethinking and reshaping their business models influenced by advanced technologies (https://www.techtarget.com/searchcio/tip/10-ways-to-use-machine-learning-and-AI-in-ITSM-to-improve-processes), (https://www.techtarget.com/searchcio/tip/10-ways-to-use-machine-learning-and-AI-in-ITSM-to-improve-processes) hybrid workforces, heightened customer expectations and, specifically, the internet's availability, reach and ever-changing capabilities. The growth of e-business in recent decades has given rise to new business requirements. Consumers expect organizations to provide self-service options to conduct transactions, personalized experiences, and speedy, secure interactions. New regulatory laws and best practices for keeping electronic data secure have been established. Companies have adopted stringent security protocols and tools, including encryption, digital certificates (https://www.techtarget.com/searchsecurity/definition/digital-certificate) and multi-factor authentication, to protect against hackers, fraud and theft.
Cybersecurity has become ingrained in e-business with deployments of endpoint device security and advance detection and response capabilities. Security is built into browsers (https://www.techtarget.com/whatis/definition/browser), (https://www.techtarget.com/whatis/definition/browser) and digital certificates are now available for individuals and companies from various vendors providing cybersecurity tools and technologies. Even though securing business transactions on the web remains a pressing issue for consumers and enterprises, e-business continues to grow at a healthy pace.
THIS ARTICLE IS PART OF

The evolving CIO role: From IT operator to business strategist (https://www.techtarget.com/searchcio/cio-role)


• Which also includes:

10 factors reshaping the role of the CIO in 2023 (https://www.techtarget.com/searchcio/tip/5-factors-reshaping-the-role-of-the-CIO-in-2022)

Top 7 CIO challenges in 2023 and how to handle them (https://www.techtarget.com/searchcio/tip/Top-7-CIO-challenges-and-how-to-handle-them)

8 free IT strategic planning templates and examples for CIOs (https://www.techtarget.com/searchcio/tip/Free-IT-strategic-planning-templates-for-CIOs)
E-business model origins and evolution
IBM (https://www.techtarget.com/searchitchannel/definition/IBM-International-Business-Machines) was one of the first companies to use the term e-business in October 1997, when it launched a thematic campaign to address the confusion many consumers had about internet-based businesses. The company spent approximately $500 million on an advertising and marketing campaign to show the value of the e-business model and to demonstrate that IBM had the "talent, the services and the products to help customers capture the benefits of this new way of doing business," according to the company's website. By 2000, IBM's e-business revenue had grown to more than $88 billion from $64 billion in 1994, and net income had nearly tripled.
Different types of e-business models
• Business-to-consumer (B2C) model. Sellers offer products and services directly to consumers online, and the buyer purchases them via the internet.
• Business-to-business (B2B) model. Companies use the internet to conduct transactions with one another. Unlike B2C transactions, B2B transactions usually involve multiple online transactions at each step of the supply chain.
• Consumer-to-business (C2B) model. Consumers create their own value and demand for goods and services. Examples include reverse online auctions and airline ticket websites such as Priceline and Expedia.
• Consumer-to-consumer (C2C) model. Consumers are buyers and sellers via third-party-facilitated online marketplaces such as eBay. These models generate revenue through personal ad fees, charges for memberships and subscriptions, and transaction fees.

Comparing business-to-consumer and business-to-business e-business models.


Examples of e-business
E-business encompasses older companies that digitally transformed from legacy processes to data-centric operations (https://www.techtarget.com/searchcio/tip/The-art-of-communicating-big-tech-ideas-People-remember-stories) and newer digitally oriented companies. The latter are organizations that advisory firm Gartner has defined as starting after 1995 with "operating models and capabilities [that] are based on exploiting internet-era information and digital technologies as a core competency." Since then examples of e-business organizations of different shapes and sizes have flooded the digital landscape.
Uber and Lyft, both of which built businesses that match drivers with people needing rides, disrupted the taxi and livery services industries. And in 2014, Uber went one step further and expanded its e-business with the launch of a food ordering and delivery platform, Uber Eats.
• Travel sites like Expedia, Travelocity and TripAdvisor enable consumers to research, plan and book all or pieces of their trips based on personalized criteria, such as price, consumer ratings and location.
• Schindler Group, a multinational elevator and escalator company founded in 1874, is a legacy company that incorporated e-business by using IoT and other technologies to add internet and mobility services to its product offerings.
Advantages of e-business
E-business has drastically changed how enterprises, government agencies, nonprofit organizations and other institutions operate, allowing them to increase productivity, lower costs, move more quickly toward digital transformation (https://www.techtarget.com/searchcio/definition/business-transformation) and upgrade processes.
Electronic invoicing, automated billing and digital payment systems (https://www.techtarget.com/searchitchannel/feature/Consultants-see-retail-payment-systems-adapt-to-pandemic) lower the amount of time workers devote to these tasks, many of which were handled manually just a few decades ago. That kind of time savings allows businesses to decrease department head count or shift workers onto higher-value tasks. Digital systems also streamline workflows, reducing the time between invoicing and payment and improving cash flow for the business.
Electronic communication systems, such as email, video conferencing and online collaboration platforms (https://www.techtarget.com/searchunifiedcommunications/Ultimate-guide-to-team-collaboration-platforms) increase productivity by decreasing delays between inquiries and responses -- whether the communication is among employees, employees and external business partners, or employees and customers. Decision-making is faster, resulting in more agile companies that are responsive to stakeholder needs and market demands. Electronic communication has also eliminated, in some cases, employee business travel and supported more open, collaborative cultures so any employee can contribute ideas.
Digital systems that power e-business can also extend an organization's reach beyond its brick-and-mortar walls. Cloud-based business applications enable remote and hybrid workers to perform their jobs in the office, from their home and other locations. Similarly, cloud-based apps and the internet allow business transactions 24/7 so even solo practitioners and small businesses can conduct business globally.
Advanced technologies like big data, AI, machine learning, the cloud, automation and IoT have improved the ease, speed and effectiveness of numerous e-business tasks. These tasks include archiving information, deriving data insights, recording financial transactions and personalizing interactions with customers -commerce software and services have delivered new capabilities to organizations like email marketing and created new avenues to sell their goods and services, such as online stores. It has enabled the creation of entirely new business models, such as eBay's capacity for B2C and C2C sales, social networking sites like Facebook and Twitter, and Shopify, which offers the infrastructure and e-commerce platform for customers to create online stores and sell their own goods.

E-business influences just about every aspect of an enterprise, including customer service, experiences, expectations and transactions.


Types of e-business
Most organizations have at least some e-business capabilities to support their core competencies and ancillary functions, but the amount of e-business conducted within an enterprise varies.
Some organizations have limited e-business capabilities -- for example, a small business that processes payments using a mobile payment service Businesses emerging from the fallout of the COVID-19 pandemic are increasingly using digital services to support a host of functions and capabilities.
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