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Critical Evaluation of E-Business Applications  

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Critical Evaluation of E-Business Applications A business model can be defined as "a high-level description of an application type which contains all the common features which can be found in specific examples of the model." (Ince, D, 2004). In short a business model could be thought of as the architecture or layout the e-business site will take to provide a mechanism for people to interact and obtain goods or services. Providing an all-inclusive listing of electronic commerce business models is a never ending task-new business models emerge rapidly. I will focus my review of a selection of e-business models on the models Paul Timmers has identified. Timmers identified 11 models however I have just focused on the most common of these. E-Procurement - This is the electronic tendering of goods and services. It is mainly used by large organisations hoping to reduce costs by having a wider choice of suppliers. E-procurement works...

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