Explain internet business model to create web site


E-commerce is the trend which most companies are going toward now a days. Choose one business which doesn't already use e-commerce and create the Internet strategy for it. Most of big corporations already use Internet for business so you may have to think of something on smaller scale, for instance local bike store by house. Use Internet and library to research and examine markets and competitors.

Questions:
1. Explain Internet business model would be suitable for company to follow in creating Web site and why?
2. In what ways can company advantage from Web site? What functions must it perform for company (that is, customer support, marketing, sales,  internal communications, etc.)?
3. In what other ways might company use Internet for its own benefit?
4. Make functional specifications for company's use of Web and the Internet. Write down links to and from other sites in your design.
5. Create the list of technological specifications for implementation (that is, what hardware and software are essential to support design)?

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Business Management: Explain internet business model to create web site
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